Is Otoole Family Foundation Legit?

Quick charity verification for Otoole Family Foundation (EIN: 133748068)

Verdict: Otoole Family Foundation appears trustworthy

85/100Mission Score

$8.4MRevenue

$23.6MAssets

3Red Flags

4Strengths

Red Flags

Significant year-over-year revenue volatility, making financial planning potentially challenging.
Lack of detailed expense breakdown (e.g., program vs. administrative) in provided data, hindering precise efficiency assessment.
Consistent 0% officer compensation for an organization of this size could indicate non-salary compensation or a fully volunteer board, which warrants further inquiry for full transparency.

Strengths

Strong and consistent asset growth, reaching $20,622,941 in 202403.
Extremely low liabilities, consistently reported as $1 or $0, indicating excellent financial stability.
Consistent reporting of 0% officer compensation, suggesting a highly efficient and potentially volunteer-driven leadership.
Generally low expenses relative to revenue in many periods, implying efficient use of funds.

Spending Breakdown

How Otoole Family Foundation allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Otoole Family Foundation

Is Otoole Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Otoole Family Foundation (EIN: 133748068) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.

Is Otoole Family Foundation a good charity to donate to?

Otoole Family Foundation has a Mission Score of 85/100. Revenue: $8.4M. Assets: $23.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Otoole Family Foundation?

The Employer Identification Number (EIN) for Otoole Family Foundation is 133748068. 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 Otoole Family Foundation spend its money?

Otoole Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Otoole Family Foundation's tax-exempt status?

You can verify Otoole Family Foundation's tax-exempt status using EIN 133748068 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 Otoole Family Foundation demonstrates strong financial health with consistently growing assets, reaching $20,622,941 in the latest filing period (202403). The organization maintains a very low liability profile, with liabilities consistently reported as $1 or $0 across all available filings, indicating excellent fiscal management and minimal debt. Revenue has fluctuated significantly year-over-year, from a high of $11,081,148 in 201303 to $438,513 in 201903, and most recently $4,925,698 in 202403. This variability suggests reliance on investment returns or large, infrequent donations rather than a steady stream of operational income.

Spending efficiency appears high, particularly given the reported 0% officer compensation across all periods, which suggests a volunteer-driven or very lean operational structure. The foundation's primary function, as a family foundation, is likely grant-making, which typically results in a high proportion of expenses directed towards programs. The absence of detailed expense breakdowns in the provided data makes a precise assessment of program vs. administrative spending challenging, but the overall low expense figures relative to revenue and assets in many years (e.g., $909,792 expenses on $6,728,330 revenue in 202303) imply efficient operations.

Transparency is generally good through its consistent IRS 990 filings. However, the lack of reported officer compensation, while potentially a positive indicator of volunteerism, could also raise questions about how leadership is compensated if not through direct salary, or if all leadership roles are genuinely unpaid. Further details on grant recipients and specific program activities would enhance transparency, but based on the available data, the foundation appears to be a well-managed entity focused on its philanthropic mission.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.