Fame Opportunities Inc
Fame Opportunities Inc. operates with minimal revenue and expenses, showing limited financial activity.
EIN: 10521988 · Augusta, ME · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $1K |
| Program Spending | 100% |
| Net Assets | $204 |
| Transparency Score | 30/100 |
Is Fame Opportunities Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Fame Opportunities Inc directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Fame Opportunities Inc
Fame Opportunities Inc (EIN: 10521988) is a nonprofit organization based in Augusta, ME, classified under NTEE code B82. The organization reported total revenue of $0 and total assets of $144 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Fame Opportunities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Fame Opportunities Inc is a micro nonprofit that has been operating for 27 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -14.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $1K |
| Total Expenses | $1K |
| Surplus / Deficit | $-45 |
| Total Assets | $204 |
| Net Assets | $204 |
| Operating Margin | -4.5% |
| Months of Reserves | 2.3 months |
Financial Health Grade: C
In 2024, Fame Opportunities Inc reported a deficit of $45 with expenses exceeding revenue, holds 2.3 months of operating reserves (limited).
Financial Trends
Over 14 years of filings (2011–2024), Fame Opportunities Inc's revenue has declined at a compound annual growth rate (CAGR) of -14.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +0.0% | -2.3% | -18.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1999 |
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 Fame Opportunities Inc with a Mission Score of 30 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Fame Opportunities Inc allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% 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 deficit of $45, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is not a factor for Fame Opportunities Inc., as officer compensation has been consistently reported as 0% across all available IRS 990 filings, indicating no salaries or benefits paid to officers.
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 Fame Opportunities Inc's IRS 990 filings:
- Extremely low and often zero revenue and expenses, indicating minimal or no operational activity in many years.
- Assets consistently very low (e.g., $204 in 2024), limiting capacity for significant programs.
- Lack of detailed expense breakdown due to minimal reported expenses, making program efficiency difficult to assess.
Strengths
The following positive indicators were identified for Fame Opportunities Inc:
- Consistent IRS 990 filing history, demonstrating compliance.
- No reported liabilities across all periods, indicating financial solvency at its current scale.
- No executive compensation, ensuring all minimal funds are directed elsewhere.
Frequently Asked Questions about Fame Opportunities Inc
Is Fame Opportunities Inc a legitimate charity?
Fame Opportunities Inc (EIN: 10521988) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 30/100. It has 14 years of IRS 990 filings on record. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Fame Opportunities Inc spend its money?
Fame Opportunities Inc directs 100% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Fame Opportunities Inc tax-deductible?
Fame Opportunities Inc is registered as a tax-exempt nonprofit (EIN: 10521988). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Fame Opportunities Inc compare to similar nonprofits?
With a transparency score of 30/100 (Poor), Fame Opportunities Inc is below average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Fame Opportunities Inc located?
Fame Opportunities Inc is headquartered in Augusta, Maine and files with the IRS under EIN 10521988. It is classified under NTEE code B82.
How many years of IRS 990 filings does Fame Opportunities Inc have?
Fame 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.
What are the specific programs Fame Opportunities Inc. undertakes?
Based on the IRS 990 data, the organization reports extremely low or zero expenses, making it impossible to discern specific program activities or their scale. The NTEE code B82 (Performing Arts, General) suggests a focus, but financial data doesn't support significant operations.
Why does the organization report zero revenue and expenses in many periods?
Reporting zero revenue and expenses in multiple periods (e.g., 2022, 2020, 2019) suggests that Fame Opportunities Inc. was largely inactive or dormant during those times, conducting no financial transactions.
Is Fame Opportunities Inc. financially sustainable?
With minimal revenue (e.g., $1,000 in 2024 and 2023) and assets (currently $204), the organization operates on a very limited basis. While it has no liabilities, its ability to sustain significant operations or growth is severely constrained by its financial scale.
Filing History
IRS 990 filing history for Fame Opportunities Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Fame Opportunities Inc's revenue has declined by 87.7%, moving from $8K to $1K. Total assets decreased by 55.3% over the same period, from $456 to $204. Total functional expenses fell by 87.1%, from $8K to $1K. In its most recent filing year (2024), Fame Opportunities Inc reported a deficit of $45, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $1K | $1K | $204 | $0 | — | — |
| 2023 | $1K | $1K | $249 | $0 | — | — |
| 2022 | $0 | $0 | $319 | $0 | — | View 990 |
| 2021 | $0 | $45 | $319 | $0 | — | View 990 |
| 2020 | $0 | $0 | $364 | $0 | — | View 990 |
| 2019 | $0 | $0 | $364 | $0 | — | View 990 |
| 2018 | $0 | $0 | $364 | $0 | — | View 990 |
| 2017 | $0 | $0 | $364 | $0 | — | View 990 |
| 2016 | $0 | $20 | $364 | $0 | — | View 990 |
| 2015 | $0 | $0 | $366 | $0 | — | View 990 |
| 2014 | $0 | $0 | $386 | $0 | — | View 990 |
| 2013 | $0 | $0 | $386 | $0 | — | View 990 |
| 2012 | $5K | $5K | $386 | $0 | — | View 990 |
| 2011 | $8K | $8K | $456 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $1K, expenses of $1K, and assets of $204 (revenue +0.0% year-over-year).
- 2023: Revenue of $1K, expenses of $1K, and assets of $249.
- 2022: Revenue of $0, expenses of $0, and assets of $319.
- 2021: Revenue of $0, expenses of $45, and assets of $319.
- 2020: Revenue of $0, expenses of $0, and assets of $364.
- 2019: Revenue of $0, expenses of $0, and assets of $364.
- 2018: Revenue of $0, expenses of $0, and assets of $364.
- 2017: Revenue of $0, expenses of $0, and assets of $364.
- 2016: Revenue of $0, expenses of $20, and assets of $364.
- 2015: Revenue of $0, expenses of $0, and assets of $366.
- 2014: Revenue of $0, expenses of $0, and assets of $386.
- 2013: Revenue of $0, expenses of $0, and assets of $386 (revenue -100.0% year-over-year).
- 2012: Revenue of $5K, expenses of $5K, and assets of $386 (revenue -37.0% year-over-year).
- 2011: Revenue of $8K, expenses of $8K, and assets of $456.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Fame Opportunities Inc:
Data Sources and Methodology
This transparency report for Fame 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.