Living Opportunities Of Depaul Inc
Living Opportunities Of Depaul Inc shows consistent growth in revenue and assets, often operating with slight annual deficits.
EIN: 161136840 · Cheektowaga, NY · NTEE: P73Z · Updated: 2026-03-28
Is Living Opportunities Of Depaul Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Living Opportunities Of Depaul Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Living Opportunities Of Depaul Inc
Living Opportunities Of Depaul Inc (EIN: 161136840) is a nonprofit organization based in Cheektowaga, NY, classified under NTEE code P73Z. The organization reported total revenue of $23.1M and total assets of $39.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Living Opportunities Of Depaul Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Living Opportunities Of Depaul Inc is a large nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $24.5M |
| Total Expenses | $24.7M |
| Surplus / Deficit | $-155,863 |
| Total Assets | $32.5M |
| Total Liabilities | $21.4M |
| Net Assets | $11.1M |
| Operating Margin | -0.6% |
| Debt-to-Asset Ratio | 65.9% |
| Months of Reserves | 15.8 months |
Financial Health Grade: C
In 2023, Living Opportunities Of Depaul Inc reported a deficit of $156K with expenses exceeding revenue, holds 15.8 months of operating reserves (strong position), has a debt-to-asset ratio of 65.9% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Living Opportunities Of Depaul Inc's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.6% | +11.2% | +9.8% |
| 2022 | -4.2% | +8.5% | +10.9% |
| 2021 | +21.0% | +6.7% | +16.8% |
| 2020 | +4.5% | +4.0% | +17.6% |
| 2019 | +1.1% | +1.7% | +38.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
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 Living Opportunities Of Depaul Inc with a Mission Score of 75 out of 100 (Good). 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: 85%
- fundraising: 5%
According to IRS 990 filings, Living Opportunities Of Depaul Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $156K, with expenses exceeding revenue.
- Debt-to-asset ratio: 65.9%.
Executive Compensation Analysis
The IRS 990 filings consistently report 0% officer compensation, which is highly unusual for an organization of this size with revenues exceeding $20 million. This could indicate that executive compensation is either not reported under this specific line item, is covered by a parent organization, or that the executive leadership is entirely volunteer-based, which would be a significant strength in terms of resource allocation.
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 Living Opportunities Of Depaul Inc's IRS 990 filings:
- Consistent reporting of expenses exceeding revenue in multiple years (e.g., 2023, 2022, 2020, 2019, 2018, 2017, 2015, 2014).
- 0% officer compensation reported for an organization of this size, which may obscure actual executive costs or indicate an unusual operational structure.
Strengths
The following positive indicators were identified for Living Opportunities Of Depaul Inc:
- Consistent growth in revenue, from $13.4M in 2014 to $24.5M in 2023, indicating expanding operations and impact.
- Strong asset growth, from $8.1M in 2014 to $32.5M in 2023, demonstrating financial stability and capacity.
- Healthy asset-to-liability ratio, with assets of $32.5M and liabilities of $21.4M in 2023, indicating a solid financial position.
- Potential for high program spending efficiency if executive compensation is genuinely minimal or volunteer-based.
Frequently Asked Questions about Living Opportunities Of Depaul Inc
Is Living Opportunities Of Depaul Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Living Opportunities Of Depaul Inc (EIN: 161136840) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Living Opportunities Of Depaul Inc spend its money?
Living Opportunities Of Depaul Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Living Opportunities Of Depaul Inc tax-deductible?
Living Opportunities Of Depaul Inc is registered as a tax-exempt nonprofit (EIN: 161136840). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why does Living Opportunities Of Depaul Inc consistently report expenses exceeding revenue?
The organization has reported expenses exceeding revenue in multiple years, including 2023 ($24,700,449 expenses vs. $24,544,586 revenue) and 2022 ($22,217,280 expenses vs. $21,606,650 revenue). This could be due to strategic investments, use of prior year surpluses, or specific grant cycles, and warrants further investigation into their funding model and financial planning.
How does Living Opportunities Of Depaul Inc manage to operate without reported officer compensation?
All available IRS 990 filings indicate 0% officer compensation. For an organization with over $20 million in annual revenue, this is highly uncommon and suggests either a volunteer executive structure, compensation being reported under different categories (e.g., staff salaries), or that executive functions are provided by a related entity.
What is the long-term strategy for addressing the recurring operational deficits?
While the organization has shown consistent asset growth, the pattern of expenses exceeding revenue in several years (e.g., 2023, 2022, 2020, 2019, 2018, 2017, 2015, 2014) suggests a need to understand how these deficits are covered and what strategies are in place to ensure long-term financial sustainability without depleting reserves.
Filing History
IRS 990 filing history for Living Opportunities Of Depaul Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Living Opportunities Of Depaul Inc's revenue has grown by 83.7%, moving from $13.4M to $24.5M. Total assets increased by 440.9% over the same period, from $6.0M to $32.5M. Total functional expenses rose by 78.1%, from $13.9M to $24.7M. In its most recent filing year (2023), Living Opportunities Of Depaul Inc reported a deficit of $156K, with expenses exceeding revenue. The organization holds $21.4M in liabilities against $32.5M in assets (debt-to-asset ratio: 65.9%), resulting in net assets of $11.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $24.5M | $24.7M | $32.5M | $21.4M | — | — |
| 2022 | $21.6M | $22.2M | $29.6M | $19.6M | — | View 990 |
| 2021 | $22.6M | $20.5M | $26.7M | $16.7M | — | View 990 |
| 2020 | $18.7M | $19.2M | $22.9M | $15.6M | — | — |
| 2019 | $17.8M | $18.5M | $19.4M | $12.9M | — | View 990 |
| 2018 | $17.6M | $18.1M | $14.1M | $8.4M | — | View 990 |
| 2017 | $16.8M | $17.2M | $14.3M | $8.7M | — | View 990 |
| 2016 | $16.2M | $16.2M | $8.9M | $4.0M | — | View 990 |
| 2015 | $14.2M | $15.1M | $8.7M | $4.9M | — | View 990 |
| 2014 | $13.5M | $14.5M | $8.1M | $4.2M | — | View 990 |
| 2013 | $13.6M | $14.0M | $6.5M | $2.6M | — | View 990 |
| 2012 | $13.5M | $14.0M | $6.4M | $2.8M | — | View 990 |
| 2011 | $13.4M | $13.9M | $6.0M | $2.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $24.5M, expenses of $24.7M, and assets of $32.5M (revenue +13.6% year-over-year).
- 2022: Revenue of $21.6M, expenses of $22.2M, and assets of $29.6M (revenue -4.2% year-over-year).
- 2021: Revenue of $22.6M, expenses of $20.5M, and assets of $26.7M (revenue +21.0% year-over-year).
- 2020: Revenue of $18.7M, expenses of $19.2M, and assets of $22.9M (revenue +4.5% year-over-year).
- 2019: Revenue of $17.8M, expenses of $18.5M, and assets of $19.4M (revenue +1.1% year-over-year).
- 2018: Revenue of $17.6M, expenses of $18.1M, and assets of $14.1M (revenue +5.3% year-over-year).
- 2017: Revenue of $16.8M, expenses of $17.2M, and assets of $14.3M (revenue +3.4% year-over-year).
- 2016: Revenue of $16.2M, expenses of $16.2M, and assets of $8.9M (revenue +14.5% year-over-year).
- 2015: Revenue of $14.2M, expenses of $15.1M, and assets of $8.7M (revenue +5.1% year-over-year).
- 2014: Revenue of $13.5M, expenses of $14.5M, and assets of $8.1M (revenue -0.7% year-over-year).
- 2013: Revenue of $13.6M, expenses of $14.0M, and assets of $6.5M (revenue +0.5% year-over-year).
- 2012: Revenue of $13.5M, expenses of $14.0M, and assets of $6.4M (revenue +1.1% year-over-year).
- 2011: Revenue of $13.4M, expenses of $13.9M, and assets of $6.0M.
Data Sources and Methodology
This transparency report for Living Opportunities Of Depaul 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.