Onpath Foundation
Onpath Foundation consistently operates at a deficit, depleting assets over the last decade.
EIN: 202258602 · Metairie, LA · NTEE: P60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $114K |
| Total Expenses | $113K |
| Program Spending | 70% |
| Net Assets | $2.9M |
| Transparency Score | 45/100 |
Is Onpath Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Onpath Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Onpath Foundation
Onpath Foundation (EIN: 202258602) is a nonprofit organization based in Metairie, LA, classified under NTEE code P60. The organization reported total revenue of $114K and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Onpath Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Onpath Foundation is a small nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -28.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $25K |
| Total Expenses | $113K |
| Surplus / Deficit | $-88,082 |
| Total Assets | $2.9M |
| Net Assets | $2.9M |
| Operating Margin | -349.2% |
| Months of Reserves | 308.4 months |
Financial Health Grade: B
In 2022, Onpath Foundation reported a deficit of $88K with expenses exceeding revenue, holds 308.4 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Onpath Foundation's revenue has declined at a compound annual growth rate (CAGR) of -28.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +195.4% | +4.9% | -2.9% |
| 2021 | -88.4% | -52.6% | -4.4% |
| 2020 | +11.8% | +58.0% | -4.7% |
| 2019 | -50.6% | -11.7% | -3.6% |
| 2018 | -67.0% | -7.3% | -3.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Onpath Foundation with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Onpath Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $88K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees received compensation, which is highly favorable for an organization of its size and revenue.
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 Onpath Foundation's IRS 990 filings:
- Consistent operating deficits (e.g., $25,224 revenue vs. $113,306 expenses in 2022).
- Significant decline in total assets over time (from $4,137,745 in 2013 to $2,911,523 in 2022).
- Revenue has been consistently low relative to expenses for many years.
Strengths
The following positive indicators were identified for Onpath Foundation:
- Zero officer compensation reported across all filings, indicating high transparency and potentially low administrative overhead in this area.
- No reported liabilities in recent years (e.g., 2022, 2021, 2020), suggesting good management of debt.
Frequently Asked Questions about Onpath Foundation
Is Onpath Foundation a legitimate charity?
Onpath Foundation (EIN: 202258602) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 45/100. It has 12 years of IRS 990 filings on record. Total revenue: $114K. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Onpath Foundation spend its money?
Onpath Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Onpath Foundation tax-deductible?
Onpath Foundation is registered as a tax-exempt nonprofit (EIN: 202258602). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Onpath Foundation's spending goes to programs?
Onpath Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Onpath Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Onpath Foundation is near average for NTEE category P60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Onpath Foundation located?
Onpath Foundation is headquartered in Metairie, Louisiana and files with the IRS under EIN 202258602. It is classified under NTEE code P60.
How many years of IRS 990 filings does Onpath Foundation have?
Onpath Foundation has 12 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 $114K in total revenue.
Is Onpath Foundation financially sustainable?
Based on the provided data, Onpath Foundation's financial sustainability is questionable. It has consistently reported expenses significantly exceeding revenue for many years (e.g., $25,224 revenue vs. $113,306 expenses in 2022), leading to a steady decline in assets from over $4 million in 2013 to under $3 million in 2022.
What is the primary reason for the decline in assets?
The primary reason for the decline in assets appears to be the consistent operating deficits, where annual expenses have frequently outpaced annual revenues, forcing the organization to draw down its reserves to cover costs.
How does Onpath Foundation fund its operations given the revenue shortfalls?
Given the consistent revenue shortfalls, Onpath Foundation appears to be funding its operations by utilizing its existing asset base, as evidenced by the significant decrease in total assets over the past decade.
Filing History
IRS 990 filing history for Onpath Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Onpath Foundation's revenue has declined by 97.4%, moving from $980K to $25K. Total assets decreased by 15.9% over the same period, from $3.5M to $2.9M. Total functional expenses fell by 65.8%, from $331K to $113K. In its most recent filing year (2022), Onpath Foundation reported a deficit of $88K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $25K | $113K | $2.9M | $0 | — | View 990 |
| 2021 | $9K | $108K | $3.0M | $0 | — | View 990 |
| 2020 | $73K | $228K | $3.1M | $0 | — | View 990 |
| 2019 | $66K | $144K | $3.3M | $1K | — | View 990 |
| 2018 | $133K | $163K | $3.4M | $46K | — | View 990 |
| 2017 | $403K | $176K | $3.5M | $125K | — | View 990 |
| 2016 | $163K | $457K | $3.5M | $312K | — | View 990 |
| 2015 | $253K | $423K | $3.9M | $405K | — | View 990 |
| 2014 | $525K | $679K | $4.0M | $389K | — | View 990 |
| 2013 | $699K | $303K | $4.1M | $346K | — | View 990 |
| 2012 | $745K | $509K | $3.8M | $386K | — | View 990 |
| 2011 | $980K | $331K | $3.5M | $302K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $25K, expenses of $113K, and assets of $2.9M (revenue +195.4% year-over-year).
- 2021: Revenue of $9K, expenses of $108K, and assets of $3.0M (revenue -88.4% year-over-year).
- 2020: Revenue of $73K, expenses of $228K, and assets of $3.1M (revenue +11.8% year-over-year).
- 2019: Revenue of $66K, expenses of $144K, and assets of $3.3M (revenue -50.6% year-over-year).
- 2018: Revenue of $133K, expenses of $163K, and assets of $3.4M (revenue -67.0% year-over-year).
- 2017: Revenue of $403K, expenses of $176K, and assets of $3.5M (revenue +147.1% year-over-year).
- 2016: Revenue of $163K, expenses of $457K, and assets of $3.5M (revenue -35.5% year-over-year).
- 2015: Revenue of $253K, expenses of $423K, and assets of $3.9M (revenue -51.8% year-over-year).
- 2014: Revenue of $525K, expenses of $679K, and assets of $4.0M (revenue -25.0% year-over-year).
- 2013: Revenue of $699K, expenses of $303K, and assets of $4.1M (revenue -6.2% year-over-year).
- 2012: Revenue of $745K, expenses of $509K, and assets of $3.8M (revenue -24.0% year-over-year).
- 2011: Revenue of $980K, expenses of $331K, and assets of $3.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Onpath Foundation:
Data Sources and Methodology
This transparency report for Onpath 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.