Odyssey Group Foundation
Odyssey Group Foundation consistently disburses all annual revenue with minimal assets and no reported officer compensation.
EIN: 208493704 · Stamford, CT · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.8M |
| Total Expenses | $4.0M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $2K |
| Transparency Score | 85/100 |
Is Odyssey Group Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Odyssey Group Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Odyssey Group Foundation
Odyssey Group Foundation (EIN: 208493704) is a nonprofit organization based in Stamford, CT, classified under NTEE code T20. The organization reported total revenue of $2.8M and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Odyssey Group Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Odyssey Group Foundation is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.0M |
| Total Expenses | $4.0M |
| Surplus / Deficit | +$0 |
| Total Assets | $3K |
| Total Liabilities | $1 |
| Net Assets | $2K |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: B
In 2023, Odyssey Group Foundation reported a surplus of $0 with revenue exceeding expenses, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Odyssey Group Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +83.5% | +83.5% | +249900.0% |
| 2022 | -36.6% | -36.6% | +0.0% |
| 2021 | +24.8% | +24.8% | +0.0% |
| 2020 | -23.1% | -23.1% | -100.0% |
| 2019 | +21.4% | +21.4% | -98.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Odyssey Group 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, Odyssey Group 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 surplus of $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through an external entity, which is highly unusual for an organization with annual revenues often exceeding $2 million.
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 Odyssey Group Foundation's IRS 990 filings:
- Consistently minimal assets ($1) despite multi-million dollar revenues, which is unusual for a foundation.
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in the provided data.
- NTEE code T20 (Insurance Providers) seems unusual for a 'Foundation' without further context on its activities.
Strengths
The following positive indicators were identified for Odyssey Group Foundation:
- 100% of revenue consistently disbursed as expenses, indicating no accumulation of funds.
- 0% reported officer compensation across all filings, suggesting highly efficient or volunteer-led administration.
- Consistent financial activity over more than a decade, demonstrating stability in operations.
Frequently Asked Questions about Odyssey Group Foundation
Is Odyssey Group Foundation a legitimate charity?
Odyssey Group Foundation (EIN: 208493704) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.8M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Odyssey Group Foundation spend its money?
Odyssey Group Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Odyssey Group Foundation tax-deductible?
Odyssey Group Foundation is registered as a tax-exempt nonprofit (EIN: 208493704). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Odyssey Group Foundation CEO make?
Odyssey Group Foundation's highest-compensated officer earns $2 annually. The organization reported $2.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Odyssey Group Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Odyssey Group Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Odyssey Group Foundation located?
Odyssey Group Foundation is headquartered in Stamford, Connecticut and files with the IRS under EIN 208493704. It is classified under NTEE code T20.
How many years of IRS 990 filings does Odyssey Group Foundation have?
Odyssey Group 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 $2.8M in total revenue.
How does Odyssey Group Foundation manage to operate with $0 officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based, or their compensation is covered by a related entity, which is not disclosed in the provided data.
Why does the organization consistently report minimal assets (often $1)?
The minimal asset base indicates that the foundation operates as a pass-through entity, disbursing nearly all received funds directly rather than accumulating reserves or an endowment. This could be a deliberate operational model.
What is the detailed breakdown of program vs. administrative expenses?
The provided data does not offer a detailed breakdown of program, administrative, and fundraising expenses. While officer compensation is 0%, a full understanding of spending efficiency requires more granular data.
Is the organization's NTEE code T20 (Insurance Providers) accurately reflecting its activities?
The NTEE code T20 typically refers to Insurance Providers. Without further information on the foundation's specific programs, it's difficult to confirm if this code accurately reflects its charitable activities, especially given its 'Foundation' designation.
Filing History
IRS 990 filing history for Odyssey Group Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Odyssey Group Foundation's revenue has grown by 86.1%, moving from $2.1M to $4.0M. Total assets increased by 249900% over the same period, from $1 to $3K. Total functional expenses rose by 86.1%, from $2.1M to $4.0M. In its most recent filing year (2023), Odyssey Group Foundation reported a surplus of $0, with revenue exceeding expenses. The organization holds $1 in liabilities against $3K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.0M | $4.0M | $3K | $1 | — | View 990 |
| 2022 | $2.2M | $2.2M | $1 | $1 | — | View 990 |
| 2021 | $3.4M | $3.4M | $1 | $1 | — | View 990 |
| 2020 | $2.7M | $2.7M | $1 | $1 | — | View 990 |
| 2019 | $3.5M | $3.5M | $5K | $0 | — | View 990 |
| 2015 | $2.9M | $2.9M | $287K | $0 | — | View 990 |
| 2014 | $1.7M | $1.7M | $1 | $0 | — | View 990 |
| 2013 | $2.5M | $2.5M | $1 | $0 | — | View 990 |
| 2012 | $235K | $235K | $1 | $0 | — | View 990 |
| 2011 | $2.1M | $2.1M | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.0M, expenses of $4.0M, and assets of $3K (revenue +83.5% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.2M, and assets of $1 (revenue -36.6% year-over-year).
- 2021: Revenue of $3.4M, expenses of $3.4M, and assets of $1 (revenue +24.8% year-over-year).
- 2020: Revenue of $2.7M, expenses of $2.7M, and assets of $1 (revenue -23.1% year-over-year).
- 2019: Revenue of $3.5M, expenses of $3.5M, and assets of $5K (revenue +21.4% year-over-year).
- 2015: Revenue of $2.9M, expenses of $2.9M, and assets of $287K (revenue +73.2% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.7M, and assets of $1 (revenue -33.3% year-over-year).
- 2013: Revenue of $2.5M, expenses of $2.5M, and assets of $1 (revenue +974.5% year-over-year).
- 2012: Revenue of $235K, expenses of $235K, and assets of $1 (revenue -88.9% year-over-year).
- 2011: Revenue of $2.1M, expenses of $2.1M, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Odyssey Group Foundation:
Data Sources and Methodology
This transparency report for Odyssey Group 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.