Oberg Foundation
Oberg Foundation consistently spends more than it earns, leading to a steady decline in assets.
EIN: 200509737 · Ephraim, UT · NTEE: T30 · Updated: 2026-03-28
Is Oberg Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oberg Foundation directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Oberg Foundation
Oberg Foundation (EIN: 200509737) is a nonprofit organization based in Ephraim, UT, classified under NTEE code T30. The organization reported total revenue of $6K and total assets of $176K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oberg Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Oberg Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 30%
- programs: 60%
- fundraising: 10%
According to IRS 990 filings, Oberg Foundation allocates its expenses as follows: admin: 30%, programs: 60%, fundraising: 10%. Approximately 60% goes to programs, indicating moderate mission focus.
Executive Compensation Analysis
The Oberg Foundation consistently reports 0% officer compensation across all available filings, suggesting a volunteer-led executive structure or that compensation is covered by other means, which is positive for 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 Oberg Foundation's IRS 990 filings:
- Consistent and significant operating deficits (expenses exceeding revenue) across all reported periods.
- Steady decline in total assets over the past decade, from $330,139 in 2011 to $182,368 in 2023.
- Low and inconsistent revenue generation, making it difficult to cover operational costs.
- Potential long-term sustainability issues due to continuous asset depletion.
Strengths
The following positive indicators were identified for Oberg Foundation:
- Consistent IRS 990 filing history, indicating regulatory compliance.
- Zero reported officer compensation, suggesting a volunteer-driven leadership or efficient use of funds for executive roles.
- Relatively low liabilities, indicating responsible debt management.
Frequently Asked Questions about Oberg Foundation
Is Oberg Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Oberg Foundation (EIN: 200509737) significant concerns. Mission Score: 45/100. 4 red flags identified, 3 strengths noted.
How does Oberg Foundation spend its money?
Oberg Foundation directs 60% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Oberg Foundation tax-deductible?
Oberg Foundation is registered as a tax-exempt nonprofit (EIN: 200509737). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Oberg Foundation a good charity?
The Oberg Foundation faces significant financial challenges, consistently spending more than its revenue, which has led to a substantial decline in assets from $330,139 in 2011 to $182,368 in 2023. While it reports no officer compensation, its long-term financial sustainability is questionable given the persistent operating deficits.
What is the primary reason for the decline in assets?
The primary reason for the decline in assets is the consistent pattern of expenses exceeding revenue. For example, in 2023, expenses were $11,946 while revenue was only $3,500, contributing to the asset depletion.
How does the Oberg Foundation fund its operations?
Based on the provided data, the Oberg Foundation primarily funds its operations through revenue, which has been insufficient to cover expenses. The consistent deficits suggest it is drawing down its existing assets to cover operational costs.
What is the trend in the foundation's revenue?
The foundation's revenue has shown a general downward trend over the past decade, with significant fluctuations. It peaked at $43,091 in 2012 but has been as low as $3,500 in 2023, indicating an inconsistent and often declining income stream.
Filing History
IRS 990 filing history for Oberg Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Oberg Foundation's revenue has declined by 89.3%, moving from $33K to $4K. Total assets decreased by 44.8% over the same period, from $330K to $182K. Total functional expenses fell by 77.1%, from $52K to $12K. In its most recent filing year (2023), Oberg Foundation reported a deficit of $8K, with expenses exceeding revenue. The organization holds $10K in liabilities against $182K in assets (debt-to-asset ratio: 5.5%), resulting in net assets of $172K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $4K | $12K | $182K | $10K | — | — |
| 2022 | $5K | $17K | $191K | $10K | — | View 990 |
| 2021 | $5K | $17K | $204K | $10K | — | — |
| 2020 | $4K | $18K | $212K | $1 | — | — |
| 2019 | $7K | $18K | $227K | $1 | — | View 990 |
| 2015 | $5K | $17K | $275K | $1 | — | View 990 |
| 2014 | $15K | $31K | $287K | $1 | — | View 990 |
| 2013 | $36K | $46K | $303K | $1 | — | View 990 |
| 2012 | $43K | $52K | $269K | $1 | — | View 990 |
| 2011 | $33K | $52K | $330K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4K, expenses of $12K, and assets of $182K (revenue -23.2% year-over-year).
- 2022: Revenue of $5K, expenses of $17K, and assets of $191K (revenue -15.8% year-over-year).
- 2021: Revenue of $5K, expenses of $17K, and assets of $204K (revenue +49.9% year-over-year).
- 2020: Revenue of $4K, expenses of $18K, and assets of $212K (revenue -47.6% year-over-year).
- 2019: Revenue of $7K, expenses of $18K, and assets of $227K (revenue +35.4% year-over-year).
- 2015: Revenue of $5K, expenses of $17K, and assets of $275K (revenue -65.2% year-over-year).
- 2014: Revenue of $15K, expenses of $31K, and assets of $287K (revenue -59.3% year-over-year).
- 2013: Revenue of $36K, expenses of $46K, and assets of $303K (revenue -16.6% year-over-year).
- 2012: Revenue of $43K, expenses of $52K, and assets of $269K (revenue +31.4% year-over-year).
- 2011: Revenue of $33K, expenses of $52K, and assets of $330K.
Data Sources and Methodology
This transparency report for Oberg Foundation 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.