Occu Foundation Inc
EIN: 830566255 · Eugene, OR · NTEE: T21
| Metric | Value |
|---|---|
| Total Revenue | $654K |
| Total Expenses | $488K |
| Net Assets | $1.4M |
Is Occu Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Occu Foundation Inc
Occu Foundation Inc (EIN: 830566255) is a nonprofit organization based in Eugene, OR, classified under NTEE code T21. The organization reported total revenue of $654K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Occu Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Occu Foundation Inc is a small nonprofit that has been operating for 7 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of -2.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $690K |
| Total Expenses | $488K |
| Surplus / Deficit | +$202K |
| Total Assets | $1.4M |
| Net Assets | $1.4M |
| Operating Margin | 29.2% |
| Months of Reserves | 34.2 months |
Financial Health Grade: A
In 2023, Occu Foundation Inc reported a surplus of $202K with revenue exceeding expenses, holds 34.2 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2018–2023), Occu Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.5% | -47.9% | +16.9% |
| 2022 | -14.2% | +63.8% | -2.9% |
| 2021 | +23.4% | +4.1% | +64.0% |
| 2020 | +89.6% | +116.3% | +67.8% |
| 2019 | -41.5% | -50.9% | +77.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Occu Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Occu Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $202K, with revenue exceeding expenses.
Frequently Asked Questions about Occu Foundation Inc
Is Occu Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Occu Foundation Inc (EIN: 830566255) insufficient data. 0 red flags identified, 0 strengths noted.
How does Occu Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Occu Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Occu Foundation Inc tax-deductible?
Occu Foundation Inc is registered as a tax-exempt nonprofit (EIN: 830566255). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Occu Foundation Inc located?
Occu Foundation Inc is headquartered in Eugene, Oregon and files with the IRS under EIN 830566255. It is classified under NTEE code T21.
How many years of IRS 990 filings does Occu Foundation Inc have?
Occu Foundation Inc has 6 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 $654K in total revenue.
Filing History
IRS 990 filing history for Occu Foundation Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Occu Foundation Inc's revenue has declined by 10.2%, moving from $768K to $690K. Total assets increased by 455.3% over the same period, from $251K to $1.4M. Total functional expenses fell by 5.6%, from $517K to $488K. In its most recent filing year (2023), Occu Foundation Inc reported a surplus of $202K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $690K | $488K | $1.4M | $0 | — | — |
| 2022 | $901K | $937K | $1.2M | $0 | — | View 990 |
| 2021 | $1.1M | $572K | $1.2M | $0 | — | View 990 |
| 2020 | $851K | $549K | $748K | $0 | — | — |
| 2019 | $449K | $254K | $446K | $0 | — | View 990 |
| 2018 | $768K | $517K | $251K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $690K, expenses of $488K, and assets of $1.4M (revenue -23.5% year-over-year).
- 2022: Revenue of $901K, expenses of $937K, and assets of $1.2M (revenue -14.2% year-over-year).
- 2021: Revenue of $1.1M, expenses of $572K, and assets of $1.2M (revenue +23.4% year-over-year).
- 2020: Revenue of $851K, expenses of $549K, and assets of $748K (revenue +89.6% year-over-year).
- 2019: Revenue of $449K, expenses of $254K, and assets of $446K (revenue -41.5% year-over-year).
- 2018: Revenue of $768K, expenses of $517K, and assets of $251K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Occu Foundation Inc:
Data Sources and Methodology
This transparency report for Occu Foundation 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.