Greater Opportunities For Broome And Chenango Inc
Greater Opportunities For Broome And Chenango Inc shows significant revenue and asset growth with no reported officer compensation.
EIN: 160909190 · Norwich, NY · NTEE: P200 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14.2M |
| Total Expenses | $13.1M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $18.2 |
| Net Assets | $26.7M |
| Transparency Score | 92/100 |
Is Greater Opportunities For Broome And Chenango Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greater Opportunities For Broome And Chenango Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Greater Opportunities For Broome And Chenango Inc
Greater Opportunities For Broome And Chenango Inc (EIN: 160909190) is a nonprofit organization based in Norwich, NY, classified under NTEE code P200. The organization reported total revenue of $14.2M and total assets of $31.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Opportunities For Broome And Chenango Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Opportunities For Broome And Chenango Inc is a large nonprofit that has been operating for 41 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 9.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $18.2M |
| Total Expenses | $13.1M |
| Surplus / Deficit | +$5.1M |
| Total Assets | $29.7M |
| Total Liabilities | $3.1M |
| Net Assets | $26.7M |
| Operating Margin | 27.9% |
| Debt-to-Asset Ratio | 10.3% |
| Months of Reserves | 27.2 months |
Financial Health Grade: A
In 2023, Greater Opportunities For Broome And Chenango Inc reported a surplus of $5.1M with revenue exceeding expenses, holds 27.2 months of operating reserves (strong position), has a debt-to-asset ratio of 10.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Greater Opportunities For Broome And Chenango Inc's revenue has grown at a compound annual growth rate (CAGR) of 9.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.5% | +22.5% | +19.1% |
| 2022 | +25.9% | +6.0% | +35.7% |
| 2021 | +70.6% | +33.9% | +27.5% |
| 2020 | +20.4% | +31.7% | +527.2% |
| 2019 | +15.9% | +3.2% | +22.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 Greater Opportunities For Broome And Chenango 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, Greater Opportunities For Broome And Chenango 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 surplus of $5.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.3%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, or they are compensated through other means not classified as officer compensation, which is highly unusual for an organization of this size ($18.2 million revenue in 2023) and suggests a strong commitment to directing funds to 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.
Red Flags
The following concerns were identified during AI analysis of Greater Opportunities For Broome And Chenango Inc's IRS 990 filings:
- Unusually low or zero reported officer compensation for an organization of this scale, which might warrant further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Greater Opportunities For Broome And Chenango Inc:
- Exceptional revenue growth, increasing from $6.3 million in 2019 to $18.2 million in 2023.
- Strong asset accumulation, growing from $2.2 million in 2019 to $29.7 million in 2023, indicating robust financial health.
- Consistent positive net income, with revenue significantly exceeding expenses in recent years (e.g., $5 million surplus in 2023).
- Low liabilities relative to assets, suggesting a healthy balance sheet and financial stability.
- No reported officer compensation, indicating a potential strong commitment to program spending.
Frequently Asked Questions about Greater Opportunities For Broome And Chenango Inc
Is Greater Opportunities For Broome And Chenango Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Greater Opportunities For Broome And Chenango Inc (EIN: 160909190) some concerns. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
How does Greater Opportunities For Broome And Chenango Inc spend its money?
Greater Opportunities For Broome And Chenango Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Greater Opportunities For Broome And Chenango Inc tax-deductible?
Greater Opportunities For Broome And Chenango Inc is registered as a tax-exempt nonprofit (EIN: 160909190). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Greater Opportunities For Broome And Chenango Inc CEO make?
Greater Opportunities For Broome And Chenango Inc's highest-compensated officer earns $18.2 annually. The organization reported $14.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Greater Opportunities For Broome And Chenango Inc's spending goes to programs?
Greater Opportunities For Broome And Chenango Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Greater Opportunities For Broome And Chenango Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Greater Opportunities For Broome And Chenango 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 Greater Opportunities For Broome And Chenango Inc located?
Greater Opportunities For Broome And Chenango Inc is headquartered in Norwich, New York and files with the IRS under EIN 160909190. It is classified under NTEE code P200.
How many years of IRS 990 filings does Greater Opportunities For Broome And Chenango Inc have?
Greater Opportunities For Broome And Chenango 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. The most recent filing shows $14.2M in total revenue.
Is Greater Opportunities For Broome And Chenango Inc financially stable?
Yes, the organization is financially stable, demonstrating consistent revenue growth from $6.3 million in 2019 to $18.2 million in 2023, and a significant increase in assets from $2.2 million to $29.7 million over the same period, with liabilities remaining low relative to assets.
How has the organization's size changed over time?
Greater Opportunities For Broome And Chenango Inc has experienced substantial growth, with revenue more than doubling from $7.6 million in 2020 to $18.2 million in 2023, and assets growing from $14.4 million to $29.7 million in the same timeframe.
Does the organization pay its officers?
Based on the provided IRS 990 data, the organization consistently reports 0% officer compensation across all 13 filings, suggesting officers are either unpaid or compensated in a manner not categorized as 'officer compensation' on these forms.
Filing History
IRS 990 filing history for Greater Opportunities For Broome And Chenango Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Greater Opportunities For Broome And Chenango Inc's revenue has grown by 179.8%, moving from $6.5M to $18.2M. Total assets increased by 792.5% over the same period, from $3.3M to $29.7M. Total functional expenses rose by 101.7%, from $6.5M to $13.1M. In its most recent filing year (2023), Greater Opportunities For Broome And Chenango Inc reported a surplus of $5.1M, with revenue exceeding expenses. The organization holds $3.1M in liabilities against $29.7M in assets (debt-to-asset ratio: 10.3%), resulting in net assets of $26.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $18.2M | $13.1M | $29.7M | $3.1M | — | View 990 |
| 2022 | $16.5M | $10.7M | $25.0M | $3.4M | — | — |
| 2021 | $13.1M | $10.1M | $18.4M | $2.6M | — | View 990 |
| 2020 | $7.7M | $7.5M | $14.4M | $1.6M | — | — |
| 2019 | $6.4M | $5.7M | $2.3M | $887K | — | View 990 |
| 2018 | $5.5M | $5.6M | $1.9M | $1.1M | — | View 990 |
| 2017 | $5.4M | $5.2M | $2.0M | $1.2M | — | View 990 |
| 2016 | $5.0M | $5.0M | $1.8M | $1.1M | — | View 990 |
| 2015 | $6.0M | $6.0M | $1.8M | $1.2M | — | View 990 |
| 2014 | $5.3M | $5.5M | $2.3M | $1.7M | — | View 990 |
| 2013 | $5.7M | $5.9M | $2.4M | $1.6M | — | View 990 |
| 2012 | $6.3M | $6.4M | $2.6M | $1.6M | — | View 990 |
| 2011 | $6.5M | $6.5M | $3.3M | $2.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $18.2M, expenses of $13.1M, and assets of $29.7M (revenue +10.5% year-over-year).
- 2022: Revenue of $16.5M, expenses of $10.7M, and assets of $25.0M (revenue +25.9% year-over-year).
- 2021: Revenue of $13.1M, expenses of $10.1M, and assets of $18.4M (revenue +70.6% year-over-year).
- 2020: Revenue of $7.7M, expenses of $7.5M, and assets of $14.4M (revenue +20.4% year-over-year).
- 2019: Revenue of $6.4M, expenses of $5.7M, and assets of $2.3M (revenue +15.9% year-over-year).
- 2018: Revenue of $5.5M, expenses of $5.6M, and assets of $1.9M (revenue +2.3% year-over-year).
- 2017: Revenue of $5.4M, expenses of $5.2M, and assets of $2.0M (revenue +6.5% year-over-year).
- 2016: Revenue of $5.0M, expenses of $5.0M, and assets of $1.8M (revenue -16.2% year-over-year).
- 2015: Revenue of $6.0M, expenses of $6.0M, and assets of $1.8M (revenue +14.4% year-over-year).
- 2014: Revenue of $5.3M, expenses of $5.5M, and assets of $2.3M (revenue -6.8% year-over-year).
- 2013: Revenue of $5.7M, expenses of $5.9M, and assets of $2.4M (revenue -10.4% year-over-year).
- 2012: Revenue of $6.3M, expenses of $6.4M, and assets of $2.6M (revenue -3.0% year-over-year).
- 2011: Revenue of $6.5M, expenses of $6.5M, and assets of $3.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater Opportunities For Broome And Chenango Inc:
Data Sources and Methodology
This transparency report for Greater Opportunities For Broome And Chenango 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.