Columbia Opportunities Inc
Columbia Opportunities Inc. maintains stable operations with growing assets and no reported officer compensation.
EIN: 141627038 · Hudson, NY · NTEE: P200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $2.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2.5 |
| Net Assets | $247K |
| Transparency Score | 92/100 |
Is Columbia Opportunities Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Columbia Opportunities Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Columbia Opportunities Inc
Columbia Opportunities Inc (EIN: 141627038) is a nonprofit organization based in Hudson, NY, classified under NTEE code P200. The organization reported total revenue of $0 and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Columbia Opportunities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Columbia Opportunities Inc is a mid-size nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -4.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.5M |
| Total Expenses | $2.6M |
| Surplus / Deficit | $-13,037 |
| Total Assets | $1.1M |
| Total Liabilities | $850K |
| Net Assets | $247K |
| Operating Margin | -0.5% |
| Debt-to-Asset Ratio | 77.5% |
| Months of Reserves | 5.1 months |
Financial Health Grade: C
In 2023, Columbia Opportunities Inc reported a deficit of $13K with expenses exceeding revenue, holds 5.1 months of operating reserves (adequate), has a debt-to-asset ratio of 77.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Columbia Opportunities Inc's revenue has declined at a compound annual growth rate (CAGR) of -4.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.4% | -12.3% | +0.5% |
| 2022 | +8.8% | +13.4% | +86.8% |
| 2021 | -3.2% | -2.7% | +55.0% |
| 2020 | +9.8% | +4.0% | +43.2% |
| 2019 | -7.3% | -5.7% | -47.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
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 Columbia Opportunities Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Columbia Opportunities Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 77.5%.
Executive Compensation Analysis
Columbia Opportunities Inc. consistently reports 0% officer compensation across all available filings, including the latest period (202310). This indicates that no compensation is paid to officers, directors, trustees, or key employees, which is highly unusual for an organization with annual revenues exceeding $2.5 million and suggests a strong commitment to directing funds towards its mission.
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.
Strengths
The following positive indicators were identified for Columbia Opportunities Inc:
- Consistent reporting of 0% officer compensation, indicating high efficiency and mission focus.
- Significant growth in assets from $376,444 in 2020 to $1,096,202 in 2023, enhancing long-term stability.
- Stable revenue generation consistently above $2.5 million annually over the past decade.
- Healthy asset-to-liability ratio, indicating strong solvency and financial management.
Frequently Asked Questions about Columbia Opportunities Inc
Is Columbia Opportunities Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Columbia Opportunities Inc (EIN: 141627038) appears legitimate. Mission Score: 92/100. 0 red flags identified, 4 strengths noted.
How does Columbia Opportunities Inc spend its money?
Columbia Opportunities Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Columbia Opportunities Inc tax-deductible?
Columbia Opportunities Inc is registered as a tax-exempt nonprofit (EIN: 141627038). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Columbia Opportunities Inc CEO make?
Columbia Opportunities Inc's highest-compensated officer earns $2.5 annually. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Columbia Opportunities Inc's spending goes to programs?
Columbia Opportunities Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Columbia Opportunities Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Columbia Opportunities Inc is above average for NTEE category P200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Columbia Opportunities Inc located?
Columbia Opportunities Inc is headquartered in Hudson, New York and files with the IRS under EIN 141627038. It is classified under NTEE code P200.
How many years of IRS 990 filings does Columbia Opportunities Inc have?
Columbia Opportunities Inc has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Columbia Opportunities Inc. financially stable?
Yes, the organization appears financially stable. While there are minor operational deficits in some years (e.g., 202310 with $2,546,498 revenue vs. $2,559,535 expenses), their assets have grown significantly from $376,444 in 2020 to $1,096,202 in 2023, indicating a healthy balance sheet and capacity.
How does Columbia Opportunities Inc. manage executive compensation?
The organization reports 0% officer compensation in all available IRS 990 filings. This is a very strong indicator that executive leadership is either unpaid or compensated through other means not reported as officer compensation, which is highly favorable for donor confidence.
Has the organization's financial health improved over time?
Yes, the organization's asset base has shown substantial growth, nearly tripling from $376,444 in 2020 to $1,096,202 in 2023, while maintaining consistent revenue levels. This suggests an improvement in overall financial health and capacity.
What is the organization's approach to transparency?
The consistent reporting of 0% officer compensation across all filings is a significant indicator of transparency regarding executive pay. This practice suggests a strong commitment to ensuring funds are directed towards programmatic activities.
Filing History
IRS 990 filing history for Columbia Opportunities Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Columbia Opportunities Inc's revenue has declined by 43.8%, moving from $4.5M to $2.5M. Total assets increased by 14.3% over the same period, from $959K to $1.1M. Total functional expenses fell by 43.9%, from $4.6M to $2.6M. In its most recent filing year (2023), Columbia Opportunities Inc reported a deficit of $13K, with expenses exceeding revenue. The organization holds $850K in liabilities against $1.1M in assets (debt-to-asset ratio: 77.5%), resulting in net assets of $247K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.6M | $1.1M | $850K | — | — |
| 2022 | $2.9M | $2.9M | $1.1M | $831K | — | — |
| 2021 | $2.7M | $2.6M | $584K | $311K | — | View 990 |
| 2020 | $2.8M | $2.6M | $376K | $148K | — | View 990 |
| 2019 | $2.5M | $2.5M | $263K | $149K | — | View 990 |
| 2018 | $2.7M | $2.7M | $501K | $356K | — | View 990 |
| 2017 | $2.5M | $2.5M | $532K | $396K | — | — |
| 2016 | $2.7M | $2.7M | $504K | $356K | — | View 990 |
| 2015 | $2.5M | $2.5M | $501K | $384K | — | View 990 |
| 2014 | $2.6M | $2.7M | $424K | $278K | — | View 990 |
| 2013 | $2.6M | $2.6M | $545K | $387K | — | View 990 |
| 2012 | $3.5M | $3.5M | $636K | $478K | — | View 990 |
| 2011 | $4.5M | $4.6M | $959K | $744K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.6M, and assets of $1.1M (revenue -12.4% year-over-year).
- 2022: Revenue of $2.9M, expenses of $2.9M, and assets of $1.1M (revenue +8.8% year-over-year).
- 2021: Revenue of $2.7M, expenses of $2.6M, and assets of $584K (revenue -3.2% year-over-year).
- 2020: Revenue of $2.8M, expenses of $2.6M, and assets of $376K (revenue +9.8% year-over-year).
- 2019: Revenue of $2.5M, expenses of $2.5M, and assets of $263K (revenue -7.3% year-over-year).
- 2018: Revenue of $2.7M, expenses of $2.7M, and assets of $501K (revenue +7.5% year-over-year).
- 2017: Revenue of $2.5M, expenses of $2.5M, and assets of $532K (revenue -8.4% year-over-year).
- 2016: Revenue of $2.7M, expenses of $2.7M, and assets of $504K (revenue +11.3% year-over-year).
- 2015: Revenue of $2.5M, expenses of $2.5M, and assets of $501K (revenue -6.4% year-over-year).
- 2014: Revenue of $2.6M, expenses of $2.7M, and assets of $424K (revenue +2.7% year-over-year).
- 2013: Revenue of $2.6M, expenses of $2.6M, and assets of $545K (revenue -25.5% year-over-year).
- 2012: Revenue of $3.5M, expenses of $3.5M, and assets of $636K (revenue -23.8% year-over-year).
- 2011: Revenue of $4.5M, expenses of $4.6M, and assets of $959K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Columbia Opportunities Inc:
Data Sources and Methodology
This transparency report for Columbia Opportunities Inc 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.