Is Expanding Opportunities Legit?

Quick charity verification for Expanding Opportunities (EIN: 10527251)

Verdict: Expanding Opportunities appears trustworthy

70/100Mission Score
$0Revenue
$0Assets
3Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Expanding Opportunities appears to be a small, consistently operating nonprofit, though its financial health shows some volatility. In 2021, the organization reported revenue of $46,910 against expenses of $36,900, resulting in a surplus. However, it has experienced deficits in several prior years, such as in 2019 ($73,116 revenue vs. $74,816 expenses) and 2015 ($111,885 revenue vs. $125,372 expenses), indicating a fluctuating financial position. The organization's assets have generally remained modest, with $35,264 in 2021, and liabilities have been a significant portion of assets in some years, for example, $32,800 in liabilities against $35,264 in assets in 2021, suggesting limited financial reserves. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which is not provided in the summary data. However, the consistent operation over more than a decade with relatively low revenue suggests a lean operational model. The absence of reported officer compensation across all filings indicates that leadership may be volunteer-based or compensated through other means not captured as officer compensation, which can contribute to lower administrative overhead. Transparency is generally good given the consistent filing of IRS Form 990s, but the lack of detailed expense categories limits a deeper analysis of how funds are allocated.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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