Is Opportunity Education Foundation Legit?…

Quick charity verification for Opportunity Education Foundation (EIN: 203244541)

Spending Breakdown

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

75%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

10%

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 Opportunity Education Foundation

Is Opportunity Education Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Opportunity Education Foundation (EIN: 203244541) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Opportunity Education Foundation a good charity to donate to?

Opportunity Education Foundation has a Mission Score of 70/100. Revenue: $5.8M. Assets: $6.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Opportunity Education Foundation?

The Employer Identification Number (EIN) for Opportunity Education Foundation is 203244541. 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 Opportunity Education Foundation spend its money?

Opportunity Education Foundation allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

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

You can verify Opportunity Education Foundation's tax-exempt status using EIN 203244541 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

Opportunity Education Foundation demonstrates a fluctuating financial history with significant swings in revenue and assets over the past decade. While the organization has consistently reported zero officer compensation, which is a positive indicator of executive cost control, the lack of detailed expense breakdowns in the provided data makes a precise assessment of spending efficiency challenging. The organization's assets have shown growth in recent years, reaching $6,229,443 in 2023, which is a healthy position relative to its latest revenue of $6,247,416. However, without a clear breakdown of program, administrative, and fundraising expenses, it's difficult to fully evaluate how efficiently donor funds are being utilized towards its mission.

The revenue has seen substantial volatility, peaking at $20,640,750 in 2020 and $25,669,995 in 2013, but also experiencing periods of much lower income, such as $268,805 in 2015. This inconsistency could indicate reliance on large, infrequent donations or grants. The consistent reporting of $1 in liabilities in recent years (2022 and 2023) is unusual and warrants further investigation to understand the true financial obligations. Overall, while the absence of executive compensation is a strong point for transparency, more detailed financial reporting on expense allocation would enhance the ability to assess spending efficiency and program impact.

Is Opportunity Education Foundation Legit?

Verdict: Opportunity Education Foundation appears trustworthy

Red Flags

Strengths