American Opportunity Foundation
American Opportunity Foundation shows strong asset growth and zero executive compensation, but expense allocation details are limited.
EIN: 200059842 · Salt Lake City, UT · NTEE: T31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $132K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $2.6M |
| Transparency Score | 85/100 |
Is American Opportunity Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
American Opportunity Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About American Opportunity Foundation
American Opportunity Foundation (EIN: 200059842) is a nonprofit organization based in Salt Lake City, UT, classified under NTEE code T31. The organization reported total revenue of $1.1M and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of American Opportunity Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
American Opportunity Foundation is a mid-size nonprofit that has been operating for 10 years, with 8 years of IRS 990 filings on record (2015–2022). Revenue has grown at a compound annual rate of 150.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $805K |
| Total Expenses | $132K |
| Surplus / Deficit | +$673K |
| Total Assets | $2.6M |
| Net Assets | $2.6M |
| Operating Margin | 83.6% |
| Months of Reserves | 240.0 months |
Financial Health Grade: A
In 2022, American Opportunity Foundation reported a surplus of $673K with revenue exceeding expenses, holds 240.0 months of operating reserves (strong position).
Financial Trends
Over 8 years of filings (2015–2022), American Opportunity Foundation's revenue has grown at a compound annual growth rate (CAGR) of 150.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +770.0% | +88.9% | +25.6% |
| 2021 | -78.3% | -26.4% | +1.3% |
| 2020 | -33.5% | +481.5% | +28.3% |
| 2019 | +10814.4% | +26.4% | +96.8% |
| 2018 | -99.3% | -75.3% | -1.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates American Opportunity Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, American Opportunity Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $673K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers or key employees received compensation, which is highly commendable for an organization of its size with assets exceeding $4 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of American Opportunity Foundation's IRS 990 filings:
- Lack of detailed expense breakdown beyond total expenses in available data, making it hard to assess program efficiency.
- Significant revenue volatility across years, which could indicate an unstable funding model.
Strengths
The following positive indicators were identified for American Opportunity Foundation:
- Consistent 0% officer compensation across all filings, demonstrating a strong commitment to mission-focused spending.
- Zero reported liabilities across all filings, indicating excellent financial health and risk management.
- Substantial asset growth from $39,698 in 2015 to $2,640,231 in 2022, showing strong financial accumulation.
- Strong financial position with assets significantly outweighing annual expenses (e.g., $2,640,231 assets vs. $132,038 expenses in 2022).
Frequently Asked Questions about American Opportunity Foundation
Is American Opportunity Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, American Opportunity Foundation (EIN: 200059842) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does American Opportunity Foundation spend its money?
American Opportunity Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to American Opportunity Foundation tax-deductible?
American Opportunity Foundation is registered as a tax-exempt nonprofit (EIN: 200059842). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the American Opportunity Foundation CEO make?
American Opportunity Foundation's highest-compensated officer earns $4 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of American Opportunity Foundation's spending goes to programs?
American Opportunity Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does American Opportunity Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), American Opportunity Foundation is above average for NTEE category T31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is American Opportunity Foundation located?
American Opportunity Foundation is headquartered in Salt Lake City, Utah and files with the IRS under EIN 200059842. It is classified under NTEE code T31.
How many years of IRS 990 filings does American Opportunity Foundation have?
American Opportunity Foundation has 8 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.1M in total revenue.
What are the specific programs American Opportunity Foundation funds?
The provided IRS 990 data does not detail specific program activities or their associated costs, making it difficult to assess the direct impact of their spending.
Why has the revenue fluctuated so significantly year-over-year?
The IRS 990 data shows substantial revenue fluctuations (e.g., $5,867 in 2018 vs. $827,297 in 2017), which could be due to large one-time grants, specific fundraising campaigns, or variable donor contributions. Further information would be needed to understand the underlying causes.
How does the organization manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that leadership roles may be filled by volunteers, or compensation is covered by other means not reported as officer compensation on the 990, or the organization has a unique operational model. This is a significant positive for donor confidence.
Filing History
IRS 990 filing history for American Opportunity Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2015–2022), American Opportunity Foundation's revenue has grown by 61983.7%, moving from $1K to $805K. Total assets increased by 6550.8% over the same period, from $40K to $2.6M. Total functional expenses rose by 1708.7%, from $7K to $132K. In its most recent filing year (2022), American Opportunity Foundation reported a surplus of $673K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $805K | $132K | $2.6M | $0 | — | View 990 |
| 2021 | $92K | $70K | $2.1M | $0 | — | View 990 |
| 2020 | $426K | $95K | $2.1M | $0 | — | View 990 |
| 2019 | $640K | $16K | $1.6M | $0 | — | View 990 |
| 2018 | $6K | $13K | $823K | $0 | — | View 990 |
| 2017 | $827K | $52K | $839K | $0 | — | View 990 |
| 2016 | $30K | $6K | $64K | $0 | — | View 990 |
| 2015 | $1K | $7K | $40K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $805K, expenses of $132K, and assets of $2.6M (revenue +770.0% year-over-year).
- 2021: Revenue of $92K, expenses of $70K, and assets of $2.1M (revenue -78.3% year-over-year).
- 2020: Revenue of $426K, expenses of $95K, and assets of $2.1M (revenue -33.5% year-over-year).
- 2019: Revenue of $640K, expenses of $16K, and assets of $1.6M (revenue +10814.4% year-over-year).
- 2018: Revenue of $6K, expenses of $13K, and assets of $823K (revenue -99.3% year-over-year).
- 2017: Revenue of $827K, expenses of $52K, and assets of $839K (revenue +2671.1% year-over-year).
- 2016: Revenue of $30K, expenses of $6K, and assets of $64K (revenue +2203.6% year-over-year).
- 2015: Revenue of $1K, expenses of $7K, and assets of $40K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for American Opportunity Foundation:
Data Sources and Methodology
This transparency report for American Opportunity Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.