Open To Debate Foundation
EIN: 271022579 · New York, NY · NTEE: V20
| Metric | Value |
|---|---|
| Total Revenue | $4.5M |
| Total Expenses | $3.0M |
| Net Assets | $-288,879 |
Is Open To Debate Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Open To Debate Foundation
Open To Debate Foundation (EIN: 271022579) is a nonprofit organization based in New York, NY, classified under NTEE code V20. The organization reported total revenue of $4.5M and total assets of $663K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Open To Debate Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Open To Debate Foundation is a mid-size nonprofit that has been operating for 17 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.9M |
| Total Expenses | $3.0M |
| Surplus / Deficit | $-82,127 |
| Total Assets | $820K |
| Total Liabilities | $1.1M |
| Net Assets | $-288,879 |
| Operating Margin | -2.8% |
| Debt-to-Asset Ratio | 135.2% |
| Months of Reserves | 3.3 months |
Financial Health Grade: C
In 2023, Open To Debate Foundation reported a deficit of $82K with expenses exceeding revenue, holds 3.3 months of operating reserves (adequate), has a debt-to-asset ratio of 135.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Open To Debate Foundation's revenue has grown at a compound annual growth rate (CAGR) of 4.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +33.8% | +22.5% | +99.6% |
| 2022 | +22.5% | +13.2% | -6.7% |
| 2021 | -48.2% | -33.2% | -47.3% |
| 2020 | +19.7% | +7.8% | +61.9% |
| 2019 | -5.3% | -4.9% | -39.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Open To Debate 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 Open To Debate 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 $82K, with expenses exceeding revenue.
- Debt-to-asset ratio: 135.2%.
Frequently Asked Questions about Open To Debate Foundation
Is Open To Debate Foundation a legitimate charity?
Open To Debate Foundation (EIN: 271022579) is a registered tax-exempt nonprofit based in New York. It has 13 years of IRS 990 filings on record. Total revenue: $4.5M. No red flags identified. Financial health grade: C.
How does Open To Debate Foundation spend its money?
Open To Debate Foundation reported $4.5M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Open To Debate Foundation tax-deductible?
Open To Debate Foundation is registered as a tax-exempt nonprofit (EIN: 271022579). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Open To Debate Foundation located?
Open To Debate Foundation is headquartered in New York, New York and files with the IRS under EIN 271022579. It is classified under NTEE code V20.
How many years of IRS 990 filings does Open To Debate Foundation have?
Open To Debate Foundation has 13 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 $4.5M in total revenue.
Filing History
IRS 990 filing history for Open To Debate Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Open To Debate Foundation's revenue has grown by 71.5%, moving from $1.7M to $2.9M. Total assets increased by 305.8% over the same period, from $202K to $820K. Total functional expenses rose by 70.6%, from $1.8M to $3.0M. In its most recent filing year (2023), Open To Debate Foundation reported a deficit of $82K, with expenses exceeding revenue. The organization holds $1.1M in liabilities against $820K in assets (debt-to-asset ratio: 135.2%), resulting in net assets of $-288,879.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.9M | $3.0M | $820K | $1.1M | — | — |
| 2022 | $2.2M | $2.4M | $411K | $619K | — | View 990 |
| 2021 | $1.8M | $2.2M | $440K | $375K | — | — |
| 2020 | $3.4M | $3.2M | $835K | $389K | — | — |
| 2019 | $2.9M | $3.0M | $516K | $271K | — | View 990 |
| 2018 | $3.0M | $3.2M | $851K | $476K | — | View 990 |
| 2017 | $2.9M | $2.9M | $786K | $284K | — | View 990 |
| 2016 | $3.2M | $2.9M | $930K | $329K | — | View 990 |
| 2015 | $2.8M | $2.7M | $570K | $315K | — | View 990 |
| 2014 | $2.6M | $2.5M | $491K | $342K | — | View 990 |
| 2013 | $2.6M | $2.5M | $341K | $372K | — | View 990 |
| 2012 | $1.9M | $2.0M | $96K | $195K | — | View 990 |
| 2011 | $1.7M | $1.8M | $202K | $213K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.9M, expenses of $3.0M, and assets of $820K (revenue +33.8% year-over-year).
- 2022: Revenue of $2.2M, expenses of $2.4M, and assets of $411K (revenue +22.5% year-over-year).
- 2021: Revenue of $1.8M, expenses of $2.2M, and assets of $440K (revenue -48.2% year-over-year).
- 2020: Revenue of $3.4M, expenses of $3.2M, and assets of $835K (revenue +19.7% year-over-year).
- 2019: Revenue of $2.9M, expenses of $3.0M, and assets of $516K (revenue -5.3% year-over-year).
- 2018: Revenue of $3.0M, expenses of $3.2M, and assets of $851K (revenue +6.1% year-over-year).
- 2017: Revenue of $2.9M, expenses of $2.9M, and assets of $786K (revenue -11.8% year-over-year).
- 2016: Revenue of $3.2M, expenses of $2.9M, and assets of $930K (revenue +13.8% year-over-year).
- 2015: Revenue of $2.8M, expenses of $2.7M, and assets of $570K (revenue +7.5% year-over-year).
- 2014: Revenue of $2.6M, expenses of $2.5M, and assets of $491K (revenue +1.3% year-over-year).
- 2013: Revenue of $2.6M, expenses of $2.5M, and assets of $341K (revenue +34.7% year-over-year).
- 2012: Revenue of $1.9M, expenses of $2.0M, and assets of $96K (revenue +14.0% year-over-year).
- 2011: Revenue of $1.7M, expenses of $1.8M, and assets of $202K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Open To Debate Foundation:
Data Sources and Methodology
This transparency report for Open To Debate 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.