Quick charity verification for Odyssey Group Foundation (EIN: 208493704)
Verdict: Odyssey Group Foundation appears trustworthy
85/100Mission Score
$2.8MRevenue
$1Assets
3Red Flags
3Strengths
Red Flags
Consistently minimal assets ($1) despite multi-million dollar revenues, which is unusual for a foundation.
Lack of detailed expense breakdown (program vs. admin vs. fundraising) in the provided data.
NTEE code T20 (Insurance Providers) seems unusual for a 'Foundation' without further context on its activities.
Strengths
100% of revenue consistently disbursed as expenses, indicating no accumulation of funds.
0% reported officer compensation across all filings, suggesting highly efficient or volunteer-led administration.
Consistent financial activity over more than a decade, demonstrating stability in operations.
Spending Breakdown
How Odyssey Group Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Odyssey Group Foundation
Is Odyssey Group Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Odyssey Group Foundation (EIN: 208493704) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.
Is Odyssey Group Foundation a good charity to donate to?
Odyssey Group Foundation has a Mission Score of 85/100. Revenue: $2.8M. Assets: $1. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Odyssey Group Foundation?
The Employer Identification Number (EIN) for Odyssey Group Foundation is 208493704. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Odyssey Group Foundation spend its money?
Odyssey Group Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Odyssey Group Foundation's tax-exempt status?
You can verify Odyssey Group Foundation's tax-exempt status using EIN 208493704 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Odyssey Group Foundation demonstrates consistent financial activity, with revenues and expenses consistently matching across all reported periods, indicating a pass-through or direct funding model. For instance, in 2023, both revenue and expenses were $3,955,000. This pattern, while efficient in terms of not accumulating significant surpluses or deficits, also means the organization maintains minimal assets, often reported as $1, which is unusual for a foundation. This could suggest a highly efficient, just-in-time funding distribution, or it might indicate that the foundation primarily acts as a conduit for funds rather than building an endowment or significant operational reserves.
The organization's spending efficiency appears high given that all reported officer compensation is 0% across all filings, suggesting a volunteer-led or externally funded administrative structure. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess the efficiency of its spending beyond the lack of executive salaries. The minimal asset base and consistent revenue-expense matching could be interpreted as a form of transparency, as funds are clearly being disbursed rather than held. However, the lack of detailed financial breakdowns in the provided data limits a deeper analysis of how funds are allocated to specific programs versus overhead.