Oconnor Foundation
Oconnor Foundation consistently reports 0% officer compensation while experiencing fluctuating revenues and recent deficit spending.
EIN: 166063485 · Delhi, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $26.9M |
| Total Expenses | $4.5M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $60 |
| Net Assets | $63.1M |
| Transparency Score | 85/100 |
Is Oconnor Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oconnor Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Oconnor Foundation
Oconnor Foundation (EIN: 166063485) is a nonprofit organization based in Delhi, NY. The organization reported total revenue of $26.9M and total assets of $62.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oconnor Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oconnor Foundation is a large nonprofit, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $4.5M |
| Surplus / Deficit | $-2,496,354 |
| Total Assets | $63.1M |
| Total Liabilities | $172 |
| Net Assets | $63.1M |
| Operating Margin | -124.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 168.3 months |
Financial Health Grade: B
In 2023, Oconnor Foundation reported a deficit of $2.5M with expenses exceeding revenue, holds 168.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Oconnor Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.2% | -8.8% | -3.8% |
| 2022 | -81.4% | +12.9% | -4.4% |
| 2021 | +338.8% | +9.0% | +9.3% |
| 2020 | -57.1% | -4.4% | -2.6% |
| 2019 | +60.3% | +32.2% | +4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1270 |
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 Oconnor Foundation 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: 90%
- fundraising: 0%
According to IRS 990 filings, Oconnor Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $2.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Oconnor Foundation consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers. This is highly unusual for an organization with assets exceeding $60 million and annual expenses in the millions, suggesting either a fully volunteer-led executive team or that executive compensation is categorized differently within other expense lines, though the former is more likely given the consistent reporting.
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 Oconnor Foundation's IRS 990 filings:
- Consistent deficit spending in recent years (e.g., 2023 and 2022), where expenses significantly outpace revenue, which could impact long-term sustainability if not managed by endowment draws or investment income.
- Unusually low liabilities across all periods, which while generally positive, could indicate a very conservative approach to financial leverage or specific operational structures.
Strengths
The following positive indicators were identified for Oconnor Foundation:
- Consistent reporting of 0% officer compensation, indicating a strong commitment to directing resources to programs and minimal executive overhead.
- Substantial and stable asset base (over $60 million), providing financial security and capacity for long-term operations.
- Very low liabilities across all reported periods, demonstrating strong financial management and minimal debt.
- Relatively stable expense levels despite fluctuating revenues, suggesting prudent financial planning and cost control.
Frequently Asked Questions about Oconnor Foundation
Is Oconnor Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Oconnor Foundation (EIN: 166063485) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Oconnor Foundation spend its money?
Oconnor Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Oconnor Foundation tax-deductible?
Oconnor Foundation is registered as a tax-exempt nonprofit (EIN: 166063485). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Oconnor Foundation CEO make?
Oconnor Foundation's highest-compensated officer earns $60 annually. The organization reported $26.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Oconnor Foundation located?
Oconnor Foundation is headquartered in Delhi, New York and files with the IRS under EIN 166063485.
How many years of IRS 990 filings does Oconnor Foundation have?
Oconnor Foundation has 10 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 $26.9M in total revenue.
How does the Oconnor Foundation sustain operations when expenses frequently exceed revenue, as seen in 2023 ($4.49M expenses vs. $2.00M revenue) and 2022 ($4.92M expenses vs. $1.90M revenue)?
Given its substantial asset base of over $60 million, the foundation likely covers these deficits through investment income, draws from its endowment, or prior year surpluses. This strategy is sustainable as long as the asset base generates sufficient returns or is managed to allow for planned distributions.
What is the nature of the 'Officer Comp=0%' reporting across all years, and how are executive leadership roles compensated, if at all?
The consistent reporting of 0% officer compensation suggests that the foundation's executive leadership may be entirely volunteer-based, or that any compensation for leadership roles is classified under other expense categories, though the former is a strong indicator of dedication to mission and efficiency.
What is the primary source of the Oconnor Foundation's revenue, given its significant fluctuations (e.g., $10.2M in 2021 vs. $1.9M in 2022)?
The wide fluctuations in revenue suggest that the foundation may rely on large, infrequent grants, specific investment gains, or a combination of these. Further detail from the full 990 forms would be needed to identify the exact sources, such as contributions, grants, or investment income.
Filing History
IRS 990 filing history for Oconnor Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Oconnor Foundation's revenue has declined by 31%, moving from $2.9M to $2.0M. Total assets increased by 11% over the same period, from $56.8M to $63.1M. Total functional expenses rose by 40.4%, from $3.2M to $4.5M. In its most recent filing year (2023), Oconnor Foundation reported a deficit of $2.5M, with expenses exceeding revenue. The organization holds $172 in liabilities against $63.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $63.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.0M | $4.5M | $63.1M | $172 | — | — |
| 2022 | $1.9M | $4.9M | $65.6M | $2K | — | View 990 |
| 2021 | $10.2M | $4.4M | $68.6M | $1K | — | View 990 |
| 2020 | $2.3M | $4.0M | $62.7M | $146 | — | View 990 |
| 2019 | $5.4M | $4.2M | $64.4M | $2K | — | View 990 |
| 2015 | $3.4M | $3.2M | $61.7M | $0 | — | View 990 |
| 2014 | $7.6M | $3.7M | $61.5M | $659 | — | View 990 |
| 2013 | $4.4M | $3.6M | $57.6M | $666 | — | View 990 |
| 2012 | $3.4M | $3.4M | $56.8M | $8K | — | View 990 |
| 2011 | $2.9M | $3.2M | $56.8M | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.0M, expenses of $4.5M, and assets of $63.1M (revenue +5.2% year-over-year).
- 2022: Revenue of $1.9M, expenses of $4.9M, and assets of $65.6M (revenue -81.4% year-over-year).
- 2021: Revenue of $10.2M, expenses of $4.4M, and assets of $68.6M (revenue +338.8% year-over-year).
- 2020: Revenue of $2.3M, expenses of $4.0M, and assets of $62.7M (revenue -57.1% year-over-year).
- 2019: Revenue of $5.4M, expenses of $4.2M, and assets of $64.4M (revenue +60.3% year-over-year).
- 2015: Revenue of $3.4M, expenses of $3.2M, and assets of $61.7M (revenue -55.4% year-over-year).
- 2014: Revenue of $7.6M, expenses of $3.7M, and assets of $61.5M (revenue +72.7% year-over-year).
- 2013: Revenue of $4.4M, expenses of $3.6M, and assets of $57.6M (revenue +30.1% year-over-year).
- 2012: Revenue of $3.4M, expenses of $3.4M, and assets of $56.8M (revenue +16.6% year-over-year).
- 2011: Revenue of $2.9M, expenses of $3.2M, and assets of $56.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oconnor Foundation:
Data Sources and Methodology
This transparency report for Oconnor 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.