Is Opas Foundation Legit?

Red Flags

Unusually low expense ratio relative to revenue, potentially indicating significant investment activities or pass-through funding not fully detailed in expense categories.
Consistent 0% officer compensation for an organization with assets exceeding $300 million and substantial revenue, which might warrant further inquiry into how executive leadership is compensated or structured.

Strengths

Exceptional financial health with consistent and substantial revenue surpluses.
Remarkable asset growth, increasing from $70.9 million in 2014 to $295.9 million in 2023.
Highly efficient spending, with expenses consistently representing a small fraction of revenue.
Zero reported officer compensation, indicating a strong commitment to directing funds towards the mission.
Low liabilities relative to assets, demonstrating strong financial stability (e.g., $1,234,649 liabilities vs. $295,903,134 assets in 202306).

Spending Breakdown

How Opas Foundation allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Opas Foundation

Is Opas Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Opas Foundation (EIN: 203523938) appears trustworthy. Mission Score: 95/100. 2 red flags identified, 5 strengths noted.

Is Opas Foundation a good charity to donate to?

Opas Foundation has a Mission Score of 95/100. Revenue: $44.6M. Assets: $322.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Opas Foundation?

The Employer Identification Number (EIN) for Opas Foundation is 203523938. 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 Opas Foundation spend its money?

Opas Foundation allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Opas Foundation's tax-exempt status?

You can verify Opas Foundation's tax-exempt status using EIN 203523938 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

Opas Foundation demonstrates strong financial health, particularly in its asset growth and revenue generation. In the 202306 period, the organization reported a substantial revenue of $88,718,176 against expenses of $7,198,754, indicating a significant surplus that contributes to its growing asset base, which reached $295,903,134. This trend of revenue often significantly exceeding expenses is consistent across several years, such as 202106 ($54,646,266 revenue vs. $6,015,496 expenses) and 202006 ($55,862,355 revenue vs. $5,926,856 expenses).

The organization's spending efficiency appears robust, with expenses consistently representing a small fraction of its revenue, suggesting effective management of operational costs relative to its financial inflows. The consistent reporting of 0% officer compensation across all available filings indicates a high degree of transparency and a commitment to directing funds towards the organization's mission rather than executive salaries. This practice significantly enhances its transparency profile and suggests a volunteer-driven or very lean executive structure.

Overall, Opas Foundation exhibits excellent financial stewardship, characterized by substantial asset accumulation, strong revenue performance, and efficient expense management. The absence of officer compensation further reinforces its commitment to its stated purpose, making it appear as a financially sound and transparent entity.

Verdict: Opas Foundation appears trustworthy