Ochsman Foundation Inc
EIN: 541893317 · Rockville, MD · NTEE: T90Z
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $563K |
| Net Assets | $8.4M |
Is Ochsman 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 Ochsman Foundation Inc
Ochsman Foundation Inc (EIN: 541893317) is a nonprofit organization based in Rockville, MD, classified under NTEE code T90Z. The organization reported total revenue of $1.8M and total assets of $8.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ochsman Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ochsman Foundation Inc is a mid-size nonprofit that has been operating for 28 years, with 11 years of IRS 990 filings on record (2010–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -121.3% | -11.4% | -6.7% |
| 2022 | -86.1% | +16.4% | -5.2% |
| 2021 | +129.7% | -1.9% | +3.3% |
| 2020 | -0.1% | -5.6% | -2.0% |
| 2019 | -52.5% | -23.3% | -8.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ochsman 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 Ochsman 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:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Ochsman Foundation Inc
Is Ochsman Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Ochsman Foundation Inc (EIN: 541893317) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ochsman Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Ochsman Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Ochsman Foundation Inc tax-deductible?
Ochsman Foundation Inc is registered as a tax-exempt nonprofit (EIN: 541893317). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ochsman Foundation Inc located?
Ochsman Foundation Inc is headquartered in Rockville, Maryland and files with the IRS under EIN 541893317. It is classified under NTEE code T90Z.
How many years of IRS 990 filings does Ochsman Foundation Inc have?
Ochsman Foundation Inc has 11 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 $1.8M in total revenue.
Filing History
IRS 990 filing history for Ochsman Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2023), Ochsman Foundation Inc's revenue has declined by 105.6%, moving from $446K to $-24,797. Total assets increased by 10.4% over the same period, from $7.6M to $8.4M. Total functional expenses rose by 48.8%, from $378K to $563K. The organization holds $1 in liabilities against $8.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $8.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-24,797 | $563K | $8.4M | $1 | — | View 990 |
| 2022 | $116K | $636K | $9.0M | $1 | — | View 990 |
| 2021 | $838K | $546K | $9.5M | $1 | — | View 990 |
| 2020 | $365K | $557K | $9.2M | $1 | — | — |
| 2019 | $365K | $590K | $9.4M | $1 | — | — |
| 2015 | $768K | $769K | $10.3M | $0 | — | View 990 |
| 2014 | $791K | $629K | $10.3M | $0 | — | View 990 |
| 2013 | $508K | $420K | $10.1M | $0 | — | View 990 |
| 2012 | $3.0M | $436K | $10.1M | $0 | — | View 990 |
| 2011 | $277K | $381K | $7.5M | $0 | — | View 990 |
| 2010 | $446K | $378K | $7.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-24,797, expenses of $563K, and assets of $8.4M (revenue -121.3% year-over-year).
- 2022: Revenue of $116K, expenses of $636K, and assets of $9.0M (revenue -86.1% year-over-year).
- 2021: Revenue of $838K, expenses of $546K, and assets of $9.5M (revenue +129.7% year-over-year).
- 2020: Revenue of $365K, expenses of $557K, and assets of $9.2M (revenue -0.1% year-over-year).
- 2019: Revenue of $365K, expenses of $590K, and assets of $9.4M (revenue -52.5% year-over-year).
- 2015: Revenue of $768K, expenses of $769K, and assets of $10.3M (revenue -2.9% year-over-year).
- 2014: Revenue of $791K, expenses of $629K, and assets of $10.3M (revenue +55.7% year-over-year).
- 2013: Revenue of $508K, expenses of $420K, and assets of $10.1M (revenue -83.0% year-over-year).
- 2012: Revenue of $3.0M, expenses of $436K, and assets of $10.1M (revenue +980.6% year-over-year).
- 2011: Revenue of $277K, expenses of $381K, and assets of $7.5M (revenue -38.0% year-over-year).
- 2010: Revenue of $446K, expenses of $378K, and assets of $7.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ochsman Foundation Inc:
Data Sources and Methodology
This transparency report for Ochsman 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.