Is Opportunities For Broome Inc Legit?

Quick charity verification for Opportunities For Broome Inc (EIN: 160903802)

Verdict: Opportunities For Broome Inc appears trustworthy

85/100Mission Score
$4.4MRevenue
$11.9MAssets
0Red Flags
4Strengths

No red flags identified.

Strengths

AI Transparency Report

Opportunities For Broome Inc. demonstrates consistent financial activity, with revenues and expenses generally in the range of $3.5 million to $5.5 million over the past decade. The organization's assets have shown steady growth, increasing from $8.1 million in 2011 to $11.9 million in 2019, indicating financial stability. Liabilities have generally decreased over this period, from $1.6 million in 2011 to $553,989 in 2019, which is a positive indicator of financial health and reduced debt burden. The organization consistently reports 0% officer compensation, which is a significant positive for transparency and ensuring resources are directed towards programs rather than executive salaries. While specific program spending percentages are not provided in the raw data, the consistent reporting of zero officer compensation suggests a strong commitment to directing funds to its mission. The organization's financial health appears stable, with assets significantly exceeding liabilities. The consistent filing of IRS 990s over nine periods also indicates a commitment to transparency. Further analysis would require a detailed breakdown of expenses into program, administrative, and fundraising categories from the full 990 forms to fully assess spending efficiency.

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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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