Quick charity verification for Ozanam Place Inc (EIN: 20507147)
Verdict: Ozanam Place Inc shows mixed signals
65/100Mission Score
$116KRevenue
$918KAssets
3Red Flags
2Strengths
Red Flags
Consistent operating deficits (e.g., $173,639 expenses vs. $115,891 revenue in 2020).
Liabilities consistently exceed assets (e.g., $1,123,841 liabilities vs. $917,584 assets in 2020).
Declining asset base over the past several years (from $1,215,549 in 2014 to $917,584 in 2020).
Strengths
0% officer compensation reported across all filings, indicating strong commitment to mission over executive pay.
Long filing history (11 filings) suggests consistent operation and compliance with IRS reporting requirements.
Spending Breakdown
How Ozanam Place Inc 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 Ozanam Place Inc
Is Ozanam Place Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ozanam Place Inc (EIN: 20507147) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
Is Ozanam Place Inc a good charity to donate to?
Ozanam Place Inc has a Mission Score of 65/100. Revenue: $116K. Assets: $918K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ozanam Place Inc?
The Employer Identification Number (EIN) for Ozanam Place Inc is 20507147. 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 Ozanam Place Inc spend its money?
Ozanam Place Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ozanam Place Inc's tax-exempt status?
You can verify Ozanam Place Inc's tax-exempt status using EIN 20507147 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
Ozanam Place Inc. demonstrates consistent financial activity, with revenues generally ranging between $74,791 and $139,100 over the past decade. A notable trend is that expenses have frequently exceeded revenue, particularly in recent years (e.g., $173,639 expenses vs. $115,891 revenue in 2020), leading to a decline in assets from $1,215,549 in 2014 to $917,584 in 2020. The organization also carries significant liabilities, which have consistently been higher than its assets in recent periods, indicating potential long-term financial strain. For instance, in 2020, liabilities were $1,123,841 against assets of $917,584.
Despite these financial challenges, the organization reports 0% officer compensation across all available filings, which suggests a strong commitment to directing funds towards its mission rather than executive salaries. This is a positive indicator of spending efficiency in that particular area. However, the consistent operating deficits warrant closer examination of their overall spending efficiency and fundraising strategies to ensure long-term sustainability. The NTEE code L41 suggests they are involved in housing and shelter, which often have high operational costs.