Quick charity verification for Ossorio Foundation (EIN: 113270671)
Verdict: Ossorio Foundation shows mixed signals
55/100Mission Score
$90KRevenue
$5.1MAssets
3Red Flags
3Strengths
Red Flags
Consistent operating deficits, with expenses frequently exceeding revenue (e.g., $95,006 expenses vs. $35,941 revenue in 2023).
Depletion of assets over recent years (from $5.69M in 2019 to $5.10M currently) to cover operational shortfalls.
Significant revenue volatility, with a peak of $1,198,993 in 2019 contrasting with typical revenues under $80,000 in other years.
Strengths
Substantial asset base of over $5 million, providing a financial cushion despite operating deficits.
Consistent IRS 990 filing history, indicating good transparency and compliance.
No reported officer compensation, potentially indicating a highly volunteer-driven leadership structure.
Spending Breakdown
How Ossorio Foundation allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
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 Ossorio Foundation
Is Ossorio Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ossorio Foundation (EIN: 113270671) shows mixed signals. Mission Score: 55/100. 3 red flags identified, 3 strengths noted.
Is Ossorio Foundation a good charity to donate to?
Ossorio Foundation has a Mission Score of 55/100. Revenue: $90K. Assets: $5.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ossorio Foundation?
The Employer Identification Number (EIN) for Ossorio Foundation is 113270671. 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 Ossorio Foundation spend its money?
Ossorio Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ossorio Foundation's tax-exempt status?
You can verify Ossorio Foundation's tax-exempt status using EIN 113270671 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
The Ossorio Foundation exhibits a concerning trend of consistent operating deficits, with expenses frequently exceeding revenue. For instance, in 2023, the organization reported $35,941 in revenue against $95,006 in expenses, and in 2022, $42,956 in revenue against $123,172 in expenses. This pattern suggests a reliance on drawing down assets or inconsistent funding, which is not sustainable long-term. While the organization holds substantial assets of over $5 million, these are being depleted to cover operational shortfalls. The lack of reported officer compensation across all filings indicates a potential reliance on volunteer leadership or that compensation is structured in a way not captured under 'officer compensation' on the 990, which could be a positive for efficiency or a point for further inquiry regarding governance structure. The foundation's transparency is generally good given the consistent filing history, but the financial health raises questions about its long-term viability without a significant shift in revenue generation or expense management.