Oppenheimer & Haas Fdn 1228831
Oppenheimer & Haas Fdn shows consistent asset growth and low liabilities with 0% reported officer compensation.
EIN: 136013101 · Chicago, IL · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.1M |
| Total Expenses | $1.2M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $17 |
| Net Assets | $17.0M |
| Transparency Score | 75/100 |
Is Oppenheimer & Haas Fdn 1228831 Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oppenheimer & Haas Fdn 1228831 directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Oppenheimer & Haas Fdn 1228831
Oppenheimer & Haas Fdn 1228831 (EIN: 136013101) is a nonprofit organization based in Chicago, IL. The organization reported total revenue of $5.1M and total assets of $17.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oppenheimer & Haas Fdn 1228831's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oppenheimer & Haas Fdn 1228831 is a mid-size nonprofit that has been operating for 72 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$480K |
| Total Assets | $17.0M |
| Total Liabilities | $1 |
| Net Assets | $17.0M |
| Operating Margin | 28.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 168.0 months |
Financial Health Grade: A
In 2023, Oppenheimer & Haas Fdn 1228831 reported a surplus of $480K with revenue exceeding expenses, holds 168.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Oppenheimer & Haas Fdn 1228831's revenue has grown at a compound annual growth rate (CAGR) of 2.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +82.1% | -4.2% | +2.9% |
| 2022 | -52.8% | +14.3% | -2.0% |
| 2021 | +21.6% | +1.7% | +5.4% |
| 2020 | +42.9% | +0.1% | +3.4% |
| 2019 | +30.9% | +0.6% | +2.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1954 |
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 Oppenheimer & Haas Fdn 1228831 with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Oppenheimer & Haas Fdn 1228831 allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $480K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Oppenheimer & Haas Fdn consistently reports 0% officer compensation across all available filings, which is unusual for an organization of its size with assets over $17 million. This suggests either a fully volunteer executive team or that compensation is structured and reported in a way that is not transparently captured as 'officer compensation' on the 990.
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 Oppenheimer & Haas Fdn 1228831's IRS 990 filings:
- 0% reported officer compensation for an organization with significant assets, potentially indicating a lack of transparency in executive remuneration.
- Unknown NTEE code, limiting understanding of the organization's specific mission and programmatic focus.
Strengths
The following positive indicators were identified for Oppenheimer & Haas Fdn 1228831:
- Consistent asset growth, from $14.6 million in 2012 to over $17 million in 2023, indicating strong financial stewardship.
- Extremely low liabilities (often $1), demonstrating excellent financial health and minimal debt.
- Expenses generally kept below revenue, allowing for capital accumulation and long-term stability.
Frequently Asked Questions about Oppenheimer & Haas Fdn 1228831
Is Oppenheimer & Haas Fdn 1228831 a legitimate charity?
Oppenheimer & Haas Fdn 1228831 (EIN: 136013101) is a registered tax-exempt nonprofit based in Illinois. Our AI analysis gives it a Mission Score of 75/100. It has 10 years of IRS 990 filings on record. Total revenue: $5.1M. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Oppenheimer & Haas Fdn 1228831 spend its money?
Oppenheimer & Haas Fdn 1228831 directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Oppenheimer & Haas Fdn 1228831 tax-deductible?
Oppenheimer & Haas Fdn 1228831 is registered as a tax-exempt nonprofit (EIN: 136013101). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Oppenheimer & Haas Fdn 1228831 CEO make?
Oppenheimer & Haas Fdn 1228831's highest-compensated officer earns $17 annually. The organization reported $5.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Oppenheimer & Haas Fdn 1228831's spending goes to programs?
Oppenheimer & Haas Fdn 1228831 directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Oppenheimer & Haas Fdn 1228831 located?
Oppenheimer & Haas Fdn 1228831 is headquartered in Chicago, Illinois and files with the IRS under EIN 136013101.
How many years of IRS 990 filings does Oppenheimer & Haas Fdn 1228831 have?
Oppenheimer & Haas Fdn 1228831 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 $5.1M in total revenue.
How does Oppenheimer & Haas Fdn manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests either a fully volunteer executive leadership or that executive compensation is paid through a related entity or categorized differently within administrative expenses, which would require further investigation beyond the provided 990 data.
What caused the significant increase in latest reported revenue to $5,147,358?
The latest reported revenue of $5,147,358 is substantially higher than previous years' revenues, which typically ranged from $900,000 to $2 million. The specific source of this increase (e.g., a large one-time donation, investment gains, or a new funding stream) is not detailed in the provided data and warrants further inquiry.
What are the specific program activities of Oppenheimer & Haas Fdn?
The provided data does not include the NTEE code or a description of the organization's specific program activities. Without this information, it's difficult to assess the direct impact and nature of its programmatic spending.
Filing History
IRS 990 filing history for Oppenheimer & Haas Fdn 1228831 showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Oppenheimer & Haas Fdn 1228831's revenue has grown by 34.5%, moving from $1.3M to $1.7M. Total assets increased by 14.5% over the same period, from $14.9M to $17.0M. Total functional expenses rose by 34.9%, from $902K to $1.2M. In its most recent filing year (2023), Oppenheimer & Haas Fdn 1228831 reported a surplus of $480K, with revenue exceeding expenses. The organization holds $1 in liabilities against $17.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $17.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $1.2M | $17.0M | $1 | — | View 990 |
| 2022 | $931K | $1.3M | $16.5M | $1 | — | View 990 |
| 2021 | $2.0M | $1.1M | $16.9M | $1 | — | — |
| 2020 | $1.6M | $1.1M | $16.0M | $1 | — | — |
| 2019 | $1.1M | $1.1M | $15.5M | $1 | — | View 990 |
| 2015 | $867K | $1.1M | $15.2M | $0 | — | View 990 |
| 2014 | $1.4M | $1.0M | $15.4M | $0 | — | View 990 |
| 2013 | $1.3M | $961K | $15.0M | $0 | — | View 990 |
| 2012 | $696K | $892K | $14.7M | $0 | — | View 990 |
| 2011 | $1.3M | $902K | $14.9M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $1.2M, and assets of $17.0M (revenue +82.1% year-over-year).
- 2022: Revenue of $931K, expenses of $1.3M, and assets of $16.5M (revenue -52.8% year-over-year).
- 2021: Revenue of $2.0M, expenses of $1.1M, and assets of $16.9M (revenue +21.6% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.1M, and assets of $16.0M (revenue +42.9% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $15.5M (revenue +30.9% year-over-year).
- 2015: Revenue of $867K, expenses of $1.1M, and assets of $15.2M (revenue -38.3% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.0M, and assets of $15.4M (revenue +12.0% year-over-year).
- 2013: Revenue of $1.3M, expenses of $961K, and assets of $15.0M (revenue +80.1% year-over-year).
- 2012: Revenue of $696K, expenses of $892K, and assets of $14.7M (revenue -44.8% year-over-year).
- 2011: Revenue of $1.3M, expenses of $902K, and assets of $14.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oppenheimer & Haas Fdn 1228831:
Data Sources and Methodology
This transparency report for Oppenheimer & Haas Fdn 1228831 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.