Quick charity verification for Opportunities For Otsego Inc (EIN: 166066346)
Verdict: Opportunities For Otsego Inc appears trustworthy
92/100Mission Score
$9.5MRevenue
$2.6MAssets
1Red Flags
4Strengths
Red Flags
Unusually low or zero reported officer compensation for an organization of this size, which may obscure actual executive remuneration if categorized elsewhere.
Strengths
Consistent operational scale and financial stability over a decade.
Strong indication of funds being directly deployed into programs, with expenses closely matching revenue.
No reported officer compensation, suggesting a high commitment to directing resources to the mission.
Responsible management of assets and liabilities, maintaining a stable financial position.
Spending Breakdown
How Opportunities For Otsego Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Otsego Inc
Is Opportunities For Otsego Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Opportunities For Otsego Inc (EIN: 166066346) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Opportunities For Otsego Inc a good charity to donate to?
Opportunities For Otsego Inc has a Mission Score of 92/100. Revenue: $9.5M. Assets: $2.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Opportunities For Otsego Inc?
The Employer Identification Number (EIN) for Opportunities For Otsego Inc is 166066346. 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 Otsego Inc spend its money?
Opportunities For Otsego Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Opportunities For Otsego Inc's tax-exempt status?
You can verify Opportunities For Otsego Inc's tax-exempt status using EIN 166066346 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 Otsego Inc demonstrates consistent financial activity, with revenues and expenses generally in close alignment over the past decade. For instance, in the 202403 period, the organization reported revenues of $8,872,480 against expenses of $9,092,752, indicating a slight operational deficit. This trend of expenses closely matching or slightly exceeding revenue is common for nonprofits focused on direct program delivery, suggesting efficient utilization of funds rather than significant accumulation of reserves. The organization's assets have remained relatively stable, fluctuating between $2.5 million and $3.3 million, while liabilities have also shown a consistent range, indicating sound financial management without excessive debt.
The organization's spending efficiency appears strong, as evidenced by the consistent close proximity of revenues and expenses. This suggests that the vast majority of incoming funds are directly deployed into operations and programs. The absence of reported officer compensation across all available filings is a significant indicator of transparency and a commitment to directing resources towards the mission rather than executive salaries. This practice, if sustained, enhances public trust and demonstrates a high degree of financial prudence.
Overall, Opportunities For Otsego Inc exhibits a healthy financial profile characterized by consistent operational scale, responsible asset and liability management, and a notable commitment to transparency regarding executive compensation. The close alignment of expenses to revenue suggests a lean operational model focused on immediate program delivery.