Obsidian Institute Of Integrative Medicine
Obsidian Institute Of Integrative Medicine shows strong revenue growth and no officer compensation.
EIN: 20733517 · Harvey, IL · Updated: 2026-03-28
Is Obsidian Institute Of Integrative Medicine Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Obsidian Institute Of Integrative Medicine directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Obsidian Institute Of Integrative Medicine
Obsidian Institute Of Integrative Medicine (EIN: 20733517) is a nonprofit organization based in Harvey, IL. The organization reported total revenue of $386K and total assets of $48K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Obsidian Institute Of Integrative Medicine'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 Obsidian Institute Of Integrative Medicine with a Mission Score of 85 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: 85%
- fundraising: 5%
According to IRS 990 filings, Obsidian Institute Of Integrative Medicine 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is a positive sign for a small, growing nonprofit, as it suggests resources are being directed towards the mission rather than executive salaries.
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.
Strengths
The following positive indicators were identified for Obsidian Institute Of Integrative Medicine:
- Significant revenue growth from $187 in 2010 to $283,168 in 2023, indicating increasing support and capacity.
- Consistent reporting of 0% officer compensation across all filings, demonstrating a commitment to directing funds to the mission.
- Zero liabilities reported in recent years (2023, 2022, 2021, 2019), indicating strong financial stability and no debt burden.
- Positive net income in the latest filing ($283,168 revenue vs. $253,239 expenses in 2023), allowing for asset growth and future investment.
- Growing asset base from $0 in 2010 to $29,929 in 2023, showing increasing organizational capacity.
Frequently Asked Questions about Obsidian Institute Of Integrative Medicine
Is Obsidian Institute Of Integrative Medicine a legitimate charity?
Based on AI analysis of IRS 990 filings, Obsidian Institute Of Integrative Medicine (EIN: 20733517) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Obsidian Institute Of Integrative Medicine spend its money?
Obsidian Institute Of Integrative Medicine directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Obsidian Institute Of Integrative Medicine tax-deductible?
Obsidian Institute Of Integrative Medicine is registered as a tax-exempt nonprofit (EIN: 20733517). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Obsidian Institute Of Integrative Medicine a good charity?
Based on the available data, Obsidian Institute Of Integrative Medicine appears to be a well-managed and growing charity. It has demonstrated significant revenue growth, maintains zero liabilities, and reports no officer compensation, suggesting a strong focus on its mission and efficient use of funds. However, without detailed expense breakdowns, a full assessment of programmatic impact is limited.
How has the organization's financial health changed over time?
The organization's financial health has improved dramatically. Revenue surged from $187 in 2010 to $283,168 in 2023, and assets grew from $0 to $29,929 in the same period. Liabilities have consistently been reported as $0 in recent years, indicating a very stable financial position.
What is the organization's approach to executive compensation?
The Obsidian Institute Of Integrative Medicine reports 0% officer compensation in all available filings, indicating that its officers do not receive salaries or other compensation from the organization. This is a highly positive indicator of financial stewardship.
Filing History
IRS 990 filing history for Obsidian Institute Of Integrative Medicine showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2010–2023), Obsidian Institute Of Integrative Medicine's revenue has grown by 151326.7%, moving from $187 to $283K. Total functional expenses rose by 135321.9%, from $187 to $253K. In its most recent filing year (2023), Obsidian Institute Of Integrative Medicine reported a surplus of $30K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $283K | $253K | $30K | $0 | — | — |
| 2022 | $69K | $64K | $2K | $0 | — | View 990 |
| 2021 | $9K | $9K | $1 | $0 | — | View 990 |
| 2020 | $10K | $10K | $1 | $2K | — | View 990 |
| 2019 | $4K | $4K | $1 | $0 | — | View 990 |
| 2010 | $187 | $187 | $0 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $283K, expenses of $253K, and assets of $30K (revenue +311.9% year-over-year).
- 2022: Revenue of $69K, expenses of $64K, and assets of $2K (revenue +661.0% year-over-year).
- 2021: Revenue of $9K, expenses of $9K, and assets of $1 (revenue -12.8% year-over-year).
- 2020: Revenue of $10K, expenses of $10K, and assets of $1 (revenue +130.4% year-over-year).
- 2019: Revenue of $4K, expenses of $4K, and assets of $1 (revenue +2303.7% year-over-year).
- 2010: Revenue of $187, expenses of $187, and assets of $0.
Data Sources and Methodology
This transparency report for Obsidian Institute Of Integrative Medicine 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.