Delaware Opportunities Inc
Delaware Opportunities Inc shows consistent revenue growth and zero reported officer compensation over a decade.
EIN: 166063879 · Hamden, NY · NTEE: S200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $17.4M |
| Total Expenses | $16.1M |
| Program Spending | 88% |
| CEO/Top Officer Pay | $16.5M |
| Net Assets | $5.0M |
| Transparency Score | 92/100 |
Is Delaware Opportunities Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Delaware Opportunities Inc directs 88% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Delaware Opportunities Inc
Delaware Opportunities Inc (EIN: 166063879) is a nonprofit organization based in Hamden, NY, classified under NTEE code S200. The organization reported total revenue of $17.4M and total assets of $8.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Delaware Opportunities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Delaware Opportunities Inc is a large nonprofit that has been operating for 60 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 1.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $16.6M |
| Total Expenses | $16.1M |
| Surplus / Deficit | +$469K |
| Total Assets | $7.2M |
| Total Liabilities | $2.2M |
| Net Assets | $5.0M |
| Operating Margin | 2.8% |
| Debt-to-Asset Ratio | 30.4% |
| Months of Reserves | 5.4 months |
Financial Health Grade: A
In 2024, Delaware Opportunities Inc reported a surplus of $469K with revenue exceeding expenses, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 30.4% (moderate leverage).
Financial Trends
Over 14 years of filings (2011–2024), Delaware Opportunities Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +8.1% | +6.1% | +5.8% |
| 2023 | +8.6% | +6.0% | +13.0% |
| 2022 | +5.3% | +6.0% | -3.6% |
| 2021 | +4.2% | +4.0% | -1.1% |
| 2020 | -1.0% | +2.4% | -1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1966 |
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 Delaware 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: 10%
- programs: 88%
- fundraising: 2%
According to IRS 990 filings, Delaware Opportunities Inc allocates its expenses as follows: admin: 10%, programs: 88%, fundraising: 2%. With 88% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $469K, with revenue exceeding expenses.
- Debt-to-asset ratio: 30.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this size ($16.5M+ revenue) and suggests a strong commitment to directing funds to programs.
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 Delaware Opportunities Inc's IRS 990 filings:
- Unusually low (0%) reported officer compensation, which while positive for program spending, could indicate alternative compensation structures not captured or a reliance on volunteer leadership for key roles in a large organization.
Strengths
The following positive indicators were identified for Delaware Opportunities Inc:
- Consistent revenue growth over the past decade, from $12.9M in 2015 to $16.5M in 2024.
- Positive net income in most recent years (e.g., $16.5M revenue vs. $16.0M expenses in 2024), indicating sound financial management.
- Zero reported officer compensation across all filings, demonstrating a strong commitment to directing funds to programs.
- Growing asset base, from $5.1M in 2015 to $7.1M in 2024, providing financial stability.
- Efficient spending with expenses closely tracking revenue, suggesting effective deployment of funds.
Frequently Asked Questions about Delaware Opportunities Inc
Is Delaware Opportunities Inc a legitimate charity?
Delaware Opportunities Inc (EIN: 166063879) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 92/100. It has 14 years of IRS 990 filings on record. Total revenue: $17.4M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Delaware Opportunities Inc spend its money?
Delaware Opportunities Inc directs 88% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Delaware Opportunities Inc tax-deductible?
Delaware Opportunities Inc is registered as a tax-exempt nonprofit (EIN: 166063879). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Delaware Opportunities Inc CEO make?
Delaware Opportunities Inc's highest-compensated officer earns $16.5M annually. The organization reported $17.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Delaware Opportunities Inc's spending goes to programs?
Delaware Opportunities Inc directs 88% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Delaware Opportunities Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Delaware Opportunities Inc is above average for NTEE category S200 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Delaware Opportunities Inc located?
Delaware Opportunities Inc is headquartered in Hamden, New York and files with the IRS under EIN 166063879. It is classified under NTEE code S200.
How many years of IRS 990 filings does Delaware Opportunities Inc have?
Delaware Opportunities Inc has 14 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 $17.4M in total revenue.
Is Delaware Opportunities Inc a good charity?
Based on the available financial data, Delaware Opportunities Inc appears to be a very good charity. They demonstrate consistent financial growth, operate with surpluses, and notably report 0% officer compensation, indicating a strong commitment to program spending and transparency.
How has Delaware Opportunities Inc's revenue changed over time?
Delaware Opportunities Inc has shown consistent revenue growth, increasing from $12,944,570 in 2015 to $16,566,367 in 2024, representing a significant increase over the decade.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting that no officers are compensated by the organization, which is a highly transparent and mission-focused approach.
Filing History
IRS 990 filing history for Delaware Opportunities Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Delaware Opportunities Inc's revenue has grown by 15.5%, moving from $14.3M to $16.6M. Total assets increased by 37% over the same period, from $5.2M to $7.2M. Total functional expenses rose by 13.5%, from $14.2M to $16.1M. In its most recent filing year (2024), Delaware Opportunities Inc reported a surplus of $469K, with revenue exceeding expenses. The organization holds $2.2M in liabilities against $7.2M in assets (debt-to-asset ratio: 30.4%), resulting in net assets of $5.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $16.6M | $16.1M | $7.2M | $2.2M | — | View 990 |
| 2023 | $15.3M | $15.2M | $6.8M | $2.3M | — | View 990 |
| 2022 | $14.1M | $14.3M | $6.0M | $1.6M | — | View 990 |
| 2021 | $13.4M | $13.5M | $6.2M | $1.6M | — | View 990 |
| 2020 | $12.9M | $13.0M | $6.3M | $1.6M | — | View 990 |
| 2019 | $13.0M | $12.7M | $6.4M | $1.5M | — | View 990 |
| 2018 | $13.4M | $12.8M | $6.2M | $1.7M | — | View 990 |
| 2017 | $13.2M | $12.8M | $5.7M | $1.7M | — | View 990 |
| 2016 | $13.0M | $12.8M | $5.4M | $1.8M | — | View 990 |
| 2015 | $12.9M | $12.9M | $5.1M | $1.8M | — | View 990 |
| 2014 | $12.9M | $12.7M | $5.2M | $1.9M | — | View 990 |
| 2013 | $12.9M | $13.4M | $5.4M | $2.3M | — | View 990 |
| 2012 | $14.8M | $14.6M | $5.5M | $2.0M | — | View 990 |
| 2011 | $14.3M | $14.2M | $5.2M | $2.0M | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $16.6M, expenses of $16.1M, and assets of $7.2M (revenue +8.1% year-over-year).
- 2023: Revenue of $15.3M, expenses of $15.2M, and assets of $6.8M (revenue +8.6% year-over-year).
- 2022: Revenue of $14.1M, expenses of $14.3M, and assets of $6.0M (revenue +5.3% year-over-year).
- 2021: Revenue of $13.4M, expenses of $13.5M, and assets of $6.2M (revenue +4.2% year-over-year).
- 2020: Revenue of $12.9M, expenses of $13.0M, and assets of $6.3M (revenue -1.0% year-over-year).
- 2019: Revenue of $13.0M, expenses of $12.7M, and assets of $6.4M (revenue -3.0% year-over-year).
- 2018: Revenue of $13.4M, expenses of $12.8M, and assets of $6.2M (revenue +1.1% year-over-year).
- 2017: Revenue of $13.2M, expenses of $12.8M, and assets of $5.7M (revenue +1.9% year-over-year).
- 2016: Revenue of $13.0M, expenses of $12.8M, and assets of $5.4M (revenue +0.3% year-over-year).
- 2015: Revenue of $12.9M, expenses of $12.9M, and assets of $5.1M (revenue +0.4% year-over-year).
- 2014: Revenue of $12.9M, expenses of $12.7M, and assets of $5.2M (revenue -0.2% year-over-year).
- 2013: Revenue of $12.9M, expenses of $13.4M, and assets of $5.4M (revenue -12.8% year-over-year).
- 2012: Revenue of $14.8M, expenses of $14.6M, and assets of $5.5M (revenue +3.4% year-over-year).
- 2011: Revenue of $14.3M, expenses of $14.2M, and assets of $5.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Delaware Opportunities Inc:
Data Sources and Methodology
This transparency report for Delaware 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.