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
Zero reported officer compensation across all filings, indicating high efficiency in directing funds to mission.
Consistent growth in assets, from $8.1 million in 2011 to $11.9 million in 2019, demonstrating financial stability.
Decreasing liabilities over time, from $1.6 million in 2011 to $553,989 in 2019, reducing financial risk.
Consistent filing of IRS 990s over nine periods, indicating good transparency practices.
Spending Breakdown
How Opportunities For Broome Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Opportunities For Broome Inc
Is Opportunities For Broome Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Opportunities For Broome Inc (EIN: 160903802) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is Opportunities For Broome Inc a good charity to donate to?
Opportunities For Broome Inc has a Mission Score of 85/100. Revenue: $4.4M. Assets: $11.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Opportunities For Broome Inc?
The Employer Identification Number (EIN) for Opportunities For Broome Inc is 160903802. 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 Opportunities For Broome Inc spend its money?
Opportunities For Broome Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Opportunities For Broome Inc's tax-exempt status?
You can verify Opportunities For Broome Inc's tax-exempt status using EIN 160903802 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
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.