Onesight Essilorluxottica Foundation Fund
EIN: 471119043 · Dallas, TX · NTEE: T20
| Metric | Value |
|---|---|
| Total Revenue | $9.0M |
| Total Expenses | $6.8M |
| Net Assets | $4.8M |
Is Onesight Essilorluxottica Foundation Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Onesight Essilorluxottica Foundation Fund
Onesight Essilorluxottica Foundation Fund (EIN: 471119043) is a nonprofit organization based in Dallas, TX, classified under NTEE code T20. The organization reported total revenue of $9.0M and total assets of $4.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Onesight Essilorluxottica Foundation Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Onesight Essilorluxottica Foundation Fund is a mid-size nonprofit that has been operating for 12 years, with 7 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of -12.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.3M |
| Total Expenses | $6.8M |
| Surplus / Deficit | $-505,996 |
| Total Assets | $6.6M |
| Total Liabilities | $1.8M |
| Net Assets | $4.8M |
| Operating Margin | -8.0% |
| Debt-to-Asset Ratio | 27.3% |
| Months of Reserves | 11.6 months |
Financial Health Grade: B
In 2023, Onesight Essilorluxottica Foundation Fund reported a deficit of $506K with expenses exceeding revenue, holds 11.6 months of operating reserves (strong position), has a debt-to-asset ratio of 27.3% (moderate leverage).
Financial Trends
Over 7 years of filings (2014–2023), Onesight Essilorluxottica Foundation Fund's revenue has declined at a compound annual growth rate (CAGR) of -12.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +631046000.0% | +3228.4% | -6.6% |
| 2022 | +0.0% | -84.8% | -21.9% |
| 2021 | -100.0% | -75.8% | -24.1% |
| 2020 | +2499900.0% | +15.3% | -23.8% |
| 2019 | +0.0% | +183.1% | -7.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Onesight Essilorluxottica Foundation Fund 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 Onesight Essilorluxottica Foundation Fund 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 $506K, with expenses exceeding revenue.
- Debt-to-asset ratio: 27.3%.
Frequently Asked Questions about Onesight Essilorluxottica Foundation Fund
Is Onesight Essilorluxottica Foundation Fund a legitimate charity?
Onesight Essilorluxottica Foundation Fund (EIN: 471119043) is a registered tax-exempt nonprofit based in Texas. It has 7 years of IRS 990 filings on record. Total revenue: $9.0M. No red flags identified. Financial health grade: B.
How does Onesight Essilorluxottica Foundation Fund spend its money?
Onesight Essilorluxottica Foundation Fund reported $9.0M in total revenue in IRS 990 filings. 7 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Onesight Essilorluxottica Foundation Fund tax-deductible?
Onesight Essilorluxottica Foundation Fund is registered as a tax-exempt nonprofit (EIN: 471119043). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Onesight Essilorluxottica Foundation Fund located?
Onesight Essilorluxottica Foundation Fund is headquartered in Dallas, Texas and files with the IRS under EIN 471119043. It is classified under NTEE code T20.
How many years of IRS 990 filings does Onesight Essilorluxottica Foundation Fund have?
Onesight Essilorluxottica Foundation Fund has 7 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 $9.0M in total revenue.
Filing History
IRS 990 filing history for Onesight Essilorluxottica Foundation Fund showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2014–2023), Onesight Essilorluxottica Foundation Fund's revenue has declined by 68.4%, moving from $20.0M to $6.3M. Total assets decreased by 63.8% over the same period, from $18.2M to $6.6M. In its most recent filing year (2023), Onesight Essilorluxottica Foundation Fund reported a deficit of $506K, with expenses exceeding revenue. The organization holds $1.8M in liabilities against $6.6M in assets (debt-to-asset ratio: 27.3%), resulting in net assets of $4.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.3M | $6.8M | $6.6M | $1.8M | — | — |
| 2022 | $1 | $205K | $7.1M | $1.9M | — | View 990 |
| 2021 | $1 | $1.3M | $9.1M | $3.9M | — | View 990 |
| 2020 | $25K | $5.6M | $11.9M | $5.7M | — | — |
| 2019 | $1 | $4.8M | $15.7M | $4.2M | — | View 990 |
| 2015 | $1 | $1.7M | $16.9M | $384K | — | View 990 |
| 2014 | $20.0M | $0 | $18.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.3M, expenses of $6.8M, and assets of $6.6M (revenue +631046000.0% year-over-year).
- 2022: Revenue of $1, expenses of $205K, and assets of $7.1M (revenue +0.0% year-over-year).
- 2021: Revenue of $1, expenses of $1.3M, and assets of $9.1M (revenue -100.0% year-over-year).
- 2020: Revenue of $25K, expenses of $5.6M, and assets of $11.9M (revenue +2499900.0% year-over-year).
- 2019: Revenue of $1, expenses of $4.8M, and assets of $15.7M (revenue +0.0% year-over-year).
- 2015: Revenue of $1, expenses of $1.7M, and assets of $16.9M (revenue -100.0% year-over-year).
- 2014: Revenue of $20.0M, expenses of $0, and assets of $18.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Onesight Essilorluxottica Foundation Fund:
Data Sources and Methodology
This transparency report for Onesight Essilorluxottica Foundation Fund 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.