Ohm Shree Foundation
EIN: 475517499 · Middletown, DE · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $1 |
| Total Expenses | $16K |
| Net Assets | $92K |
Is Ohm Shree Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ohm Shree Foundation
Ohm Shree Foundation (EIN: 475517499) is a nonprofit organization based in Middletown, DE, classified under NTEE code T20. The organization reported total revenue of $1 and total assets of $67K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ohm Shree Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ohm Shree Foundation is a micro nonprofit that has been operating for 10 years, with 6 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of -74.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $16K |
| Surplus / Deficit | $-15,536 |
| Total Assets | $92K |
| Total Liabilities | $1 |
| Net Assets | $92K |
| Operating Margin | -1553600.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 71.3 months |
Financial Health Grade: B
In 2023, Ohm Shree Foundation reported a deficit of $16K with expenses exceeding revenue, holds 71.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2015–2023), Ohm Shree Foundation's revenue has declined at a compound annual growth rate (CAGR) of -74.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | +606.9% | -14.4% |
| 2022 | +0.0% | -87.2% | -2.0% |
| 2021 | +0.0% | +767.6% | -13.5% |
| 2020 | +0.0% | -76.6% | -1.5% |
| 2019 | -100.0% | +382.6% | +153.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ohm Shree Foundation 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 Ohm Shree Foundation 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 deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Ohm Shree Foundation
Is Ohm Shree Foundation a legitimate charity?
Ohm Shree Foundation (EIN: 475517499) is a registered tax-exempt nonprofit based in Delaware. It has 6 years of IRS 990 filings on record. Total revenue: $1. No red flags identified. Financial health grade: B.
How does Ohm Shree Foundation spend its money?
Ohm Shree Foundation reported $1 in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Ohm Shree Foundation tax-deductible?
Ohm Shree Foundation is registered as a tax-exempt nonprofit (EIN: 475517499). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ohm Shree Foundation located?
Ohm Shree Foundation is headquartered in Middletown, Delaware and files with the IRS under EIN 475517499. It is classified under NTEE code T20.
How many years of IRS 990 filings does Ohm Shree Foundation have?
Ohm Shree Foundation 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 $1 in total revenue.
Filing History
IRS 990 filing history for Ohm Shree Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2015–2023), Ohm Shree Foundation's revenue has declined by 100%, moving from $53K to $1. Total assets increased by 81.5% over the same period, from $51K to $92K. Total functional expenses rose by 789.9%, from $2K to $16K. In its most recent filing year (2023), Ohm Shree Foundation reported a deficit of $16K, with expenses exceeding revenue. The organization holds $1 in liabilities against $92K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $92K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1 | $16K | $92K | $1 | — | — |
| 2022 | $1 | $2K | $108K | $1 | — | View 990 |
| 2021 | $1 | $17K | $110K | $1 | — | — |
| 2020 | $1 | $2K | $127K | $1 | — | View 990 |
| 2019 | $1 | $8K | $129K | $1 | — | View 990 |
| 2015 | $53K | $2K | $51K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1, expenses of $16K, and assets of $92K (revenue +0.0% year-over-year).
- 2022: Revenue of $1, expenses of $2K, and assets of $108K (revenue +0.0% year-over-year).
- 2021: Revenue of $1, expenses of $17K, and assets of $110K (revenue +0.0% year-over-year).
- 2020: Revenue of $1, expenses of $2K, and assets of $127K (revenue +0.0% year-over-year).
- 2019: Revenue of $1, expenses of $8K, and assets of $129K (revenue -100.0% year-over-year).
- 2015: Revenue of $53K, expenses of $2K, and assets of $51K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ohm Shree Foundation:
Data Sources and Methodology
This transparency report for Ohm Shree 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.