Opportunity Through Entrepreneurship Foundation
Opportunity Through Entrepreneurship Foundation shows asset growth and no officer compensation despite fluctuating revenue.
EIN: 203779020 · Phoenix, AZ · NTEE: B60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $68K |
| Total Expenses | $31K |
| Program Spending | 85% |
| Net Assets | $224K |
| Transparency Score | 90/100 |
Is Opportunity Through Entrepreneurship Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Opportunity Through Entrepreneurship Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Opportunity Through Entrepreneurship Foundation
Opportunity Through Entrepreneurship Foundation (EIN: 203779020) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code B60. The organization reported total revenue of $68K and total assets of $250K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Opportunity Through Entrepreneurship Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Opportunity Through Entrepreneurship Foundation is a micro nonprofit that has been operating for 20 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of -67.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $65K |
| Total Expenses | $31K |
| Surplus / Deficit | +$33K |
| Total Assets | $224K |
| Net Assets | $224K |
| Operating Margin | 51.5% |
| Months of Reserves | 85.6 months |
Financial Health Grade: A
In 2023, Opportunity Through Entrepreneurship Foundation reported a surplus of $33K with revenue exceeding expenses, holds 85.6 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2022–2023), Opportunity Through Entrepreneurship Foundation's revenue has declined at a compound annual growth rate (CAGR) of -67.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -67.6% | -65.9% | +17.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Opportunity Through Entrepreneurship Foundation with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Opportunity Through Entrepreneurship Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $33K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization reports 0% officer compensation in both 2022 and 2023 filings, indicating that no salaries were paid to executives, which is highly favorable for directing funds to its mission.
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 Through Entrepreneurship Foundation's IRS 990 filings:
- Significant year-over-year revenue decline from $200,494 in 2022 to $64,930 in 2023.
Strengths
The following positive indicators were identified for Opportunity Through Entrepreneurship Foundation:
- Consistent asset growth from $190,879 in 2022 to $250,060 currently.
- Zero reported liabilities in both filing periods, indicating strong financial health.
- 0% officer compensation reported in both 2022 and 2023, suggesting high efficiency in directing funds to programs.
- Expenses consistently well below revenue, allowing for asset accumulation.
Frequently Asked Questions about Opportunity Through Entrepreneurship Foundation
Is Opportunity Through Entrepreneurship Foundation a legitimate charity?
Opportunity Through Entrepreneurship Foundation (EIN: 203779020) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 90/100. It has 2 years of IRS 990 filings on record. Total revenue: $68K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Opportunity Through Entrepreneurship Foundation spend its money?
Opportunity Through Entrepreneurship Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Opportunity Through Entrepreneurship Foundation tax-deductible?
Opportunity Through Entrepreneurship Foundation is registered as a tax-exempt nonprofit (EIN: 203779020). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Opportunity Through Entrepreneurship Foundation's spending goes to programs?
Opportunity Through Entrepreneurship Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Opportunity Through Entrepreneurship Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Opportunity Through Entrepreneurship Foundation is above average for NTEE category B60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Opportunity Through Entrepreneurship Foundation located?
Opportunity Through Entrepreneurship Foundation is headquartered in Phoenix, Arizona and files with the IRS under EIN 203779020. It is classified under NTEE code B60.
How many years of IRS 990 filings does Opportunity Through Entrepreneurship Foundation have?
Opportunity Through Entrepreneurship Foundation has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $68K in total revenue.
Is Opportunity Through Entrepreneurship Foundation a good charity?
Based on its IRS 990 data, the foundation appears to be a good charity. It has no liabilities, growing assets, and reports 0% officer compensation, indicating a strong commitment to its mission and efficient use of funds.
How has the organization's revenue trended?
The organization's revenue decreased significantly from $200,494 in 2022 to $64,930 in 2023, representing a substantial decline in funding over the period.
What is the organization's financial stability?
The organization demonstrates strong financial stability with growing assets from $190,879 in 2022 to $250,060 currently, and zero reported liabilities in both filing periods.
Filing History
IRS 990 filing history for Opportunity Through Entrepreneurship Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Opportunity Through Entrepreneurship Foundation's revenue has declined by 67.6%, moving from $200K to $65K. Total assets increased by 17.5% over the same period, from $191K to $224K. Total functional expenses fell by 65.9%, from $92K to $31K. In its most recent filing year (2023), Opportunity Through Entrepreneurship Foundation reported a surplus of $33K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $65K | $31K | $224K | $0 | — | — |
| 2022 | $200K | $92K | $191K | $0 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Opportunity Through Entrepreneurship Foundation:
Data Sources and Methodology
This transparency report for Opportunity Through Entrepreneurship 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.