Opportunity Education Foundation
Opportunity Education Foundation reports zero officer compensation amidst volatile revenue and growing assets.
EIN: 203244541 · Littleton, CO · NTEE: Q33 · Updated: 2026-03-28
Is Opportunity Education Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Opportunity Education Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Opportunity Education Foundation
Opportunity Education Foundation (EIN: 203244541) is a nonprofit organization based in Littleton, CO, classified under NTEE code Q33. The organization reported total revenue of $5.8M and total assets of $6.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Opportunity Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Opportunity Education Foundation is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 30.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.2M |
| Total Expenses | $5.8M |
| Surplus / Deficit | +$493K |
| Total Assets | $6.2M |
| Total Liabilities | $1 |
| Net Assets | $6.2M |
| Operating Margin | 7.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 13.0 months |
Financial Health Grade: A
In 2023, Opportunity Education Foundation reported a surplus of $493K with revenue exceeding expenses, holds 13.0 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), Opportunity Education Foundation's revenue has grown at a compound annual growth rate (CAGR) of 30.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -13.7% | +7.9% | +8.6% |
| 2022 | -20.6% | -2.0% | +48.9% |
| 2021 | -55.8% | -10.3% | +1702.2% |
| 2020 | +259.0% | -8.5% | -72.1% |
| 2019 | +2039.1% | +2.0% | +17.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
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 Opportunity Education Foundation with a Mission Score of 70 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: 75%
- fundraising: 10%
According to IRS 990 filings, Opportunity Education Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $493K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Opportunity Education Foundation consistently reports 0% officer compensation across all provided filings, indicating that no salaries or benefits are paid to its executives, which is highly unusual for an organization of its size and revenue levels.
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 Opportunity Education Foundation's IRS 990 filings:
- Extreme revenue volatility over the past decade, making financial planning challenging.
- Unusual reporting of $1 in liabilities in recent fiscal years (2022, 2023) warrants further scrutiny.
- Lack of detailed expense breakdown (program, admin, fundraising) prevents a full assessment of spending efficiency.
Strengths
The following positive indicators were identified for Opportunity Education Foundation:
- Consistent reporting of 0% officer compensation, indicating strong control over executive costs.
- Healthy asset growth in recent years, reaching $6,229,443 in 2023.
- Positive net income in recent years (e.g., $6,247,416 revenue vs. $5,754,894 expenses in 2023).
Frequently Asked Questions about Opportunity Education Foundation
Is Opportunity Education Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Opportunity Education Foundation (EIN: 203244541) some concerns. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
How does Opportunity Education Foundation spend its money?
Opportunity Education Foundation directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Opportunity Education Foundation tax-deductible?
Opportunity Education Foundation is registered as a tax-exempt nonprofit (EIN: 203244541). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Why does Opportunity Education Foundation report $1 in liabilities in recent years?
The consistent reporting of $1 in liabilities for 2022 and 2023 is highly unusual and suggests either a reporting anomaly or a unique financial structure that requires further investigation beyond the provided summary data.
What is the detailed breakdown of program, administrative, and fundraising expenses?
The provided data does not offer a detailed breakdown of expenses into program, administrative, and fundraising categories, which is crucial for a comprehensive assessment of spending efficiency. This information would typically be found in Part IX of the IRS Form 990.
How does the organization manage its significant revenue volatility?
The organization has experienced extreme fluctuations in revenue, from $25,669,995 in 2013 to $268,805 in 2015. Understanding the sources of this revenue and the strategies for managing such volatility is key to assessing financial stability.
What is the explanation for zero officer compensation?
While zero officer compensation is generally positive for donor confidence, for an organization with millions in revenue and expenses, it raises questions about how leadership is compensated or if key roles are filled by volunteers, which could impact sustainability and professional management.
Filing History
IRS 990 filing history for Opportunity Education Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Opportunity Education Foundation's revenue has grown by 2344.1%, moving from $256K to $6.2M. Total assets increased by 992.6% over the same period, from $570K to $6.2M. Total functional expenses rose by 39.2%, from $4.1M to $5.8M. In its most recent filing year (2023), Opportunity Education Foundation reported a surplus of $493K, with revenue exceeding expenses. The organization holds $1 in liabilities against $6.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.2M | $5.8M | $6.2M | $1 | — | View 990 |
| 2022 | $7.2M | $5.3M | $5.7M | $1 | — | View 990 |
| 2021 | $9.1M | $5.4M | $3.9M | $67 | — | View 990 |
| 2020 | $20.6M | $6.1M | $214K | $38K | — | — |
| 2019 | $5.8M | $6.6M | $766K | $14.9M | — | View 990 |
| 2015 | $269K | $6.5M | $655K | $2.3M | — | View 990 |
| 2014 | $608K | $6.7M | $4.6M | $2K | — | View 990 |
| 2013 | $25.7M | $4.9M | $10.6M | $-13 | — | View 990 |
| 2012 | $15K | $4.7M | $214K | $10.3M | — | View 990 |
| 2011 | $256K | $4.1M | $570K | $6.1M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.2M, expenses of $5.8M, and assets of $6.2M (revenue -13.7% year-over-year).
- 2022: Revenue of $7.2M, expenses of $5.3M, and assets of $5.7M (revenue -20.6% year-over-year).
- 2021: Revenue of $9.1M, expenses of $5.4M, and assets of $3.9M (revenue -55.8% year-over-year).
- 2020: Revenue of $20.6M, expenses of $6.1M, and assets of $214K (revenue +259.0% year-over-year).
- 2019: Revenue of $5.8M, expenses of $6.6M, and assets of $766K (revenue +2039.1% year-over-year).
- 2015: Revenue of $269K, expenses of $6.5M, and assets of $655K (revenue -55.8% year-over-year).
- 2014: Revenue of $608K, expenses of $6.7M, and assets of $4.6M (revenue -97.6% year-over-year).
- 2013: Revenue of $25.7M, expenses of $4.9M, and assets of $10.6M (revenue +168903.9% year-over-year).
- 2012: Revenue of $15K, expenses of $4.7M, and assets of $214K (revenue -94.1% year-over-year).
- 2011: Revenue of $256K, expenses of $4.1M, and assets of $570K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Opportunity Education Foundation:
Data Sources and Methodology
This transparency report for Opportunity Education 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.