Opta Opsrp Benefits Trust Fund

Opta Opsrp Benefits Trust Fund shows consistent revenue growth and no officer compensation, with recent significant asset accumulation.

EIN: 207444380 · West Seneca, NY · NTEE: Y43 · Updated: 2026-03-28

$2.4MRevenue

$2.7MAssets

95/100Mission Score (Excellent)

Y43

About Opta Opsrp Benefits Trust Fund

Opta Opsrp Benefits Trust Fund (EIN: 207444380) is a nonprofit organization based in West Seneca, NY, classified under NTEE code Y43. The organization reported total revenue of $2.4M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Opta Opsrp Benefits Trust Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Opta Opsrp Benefits Trust Fund appears to be a well-managed organization with a strong focus on its program services, as indicated by its consistent financial performance and zero reported officer compensation. The organization has shown steady revenue growth over the past decade, with its latest reported revenue at $2,358,257 and assets at $2,706,368. While the detailed breakdown of expenses for the latest period isn't provided, the historical filings consistently show expenses closely aligned with revenue, suggesting efficient use of funds. The absence of reported assets and liabilities in several recent filings (2019-2023) is unusual for a trust fund and warrants further investigation to understand the accounting practices or if these fields were simply not reported in the provided summary. However, the overall trend of increasing revenue and the lack of officer compensation point to a financially healthy and program-focused entity.

The organization's financial health seems robust, with a significant increase in assets to $2,706,368 in the latest period, a substantial jump from previous years where assets were often reported as $0. This suggests a strengthening financial position. The consistent reporting of 0% officer compensation across all available filings is a significant positive indicator of spending efficiency and a commitment to directing funds towards the trust's beneficiaries rather than administrative overhead. The NTEE code Y43 (Employee or Member Welfare Benefit Funds) aligns with the organization's name, suggesting a clear mission focus. The lack of detailed expense breakdowns beyond total expenses in the provided data makes a precise assessment of spending efficiency challenging, but the absence of officer compensation is a strong positive signal.

Transparency is generally good given the consistent filing of IRS Form 990s. However, the repeated reporting of $0 for assets and liabilities in several recent years (2019-2023) before the latest period's significant asset value is a notable inconsistency that could raise questions about the completeness of the summarized data or the organization's reporting practices during those specific periods. Despite this, the overall trend of increasing revenue and the clear indication of no officer compensation contribute positively to its transparency profile, demonstrating a commitment to its stated purpose.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Opta Opsrp Benefits Trust Fund with a Mission Score of 95 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: 90%
fundraising: 0%

According to IRS 990 filings, Opta Opsrp Benefits Trust Fund allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its size with revenues exceeding $2 million.

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 Opta Opsrp Benefits Trust Fund's IRS 990 filings:

Inconsistent reporting of assets and liabilities in historical summaries (e.g., $0 reported for several years before a significant increase).

Strengths

The following positive indicators were identified for Opta Opsrp Benefits Trust Fund:

Consistent revenue growth over the past decade, from $939,558 in 2014 to $2,358,257 currently.
Zero officer compensation reported across all available filings, indicating high efficiency in directing funds to mission.
Significant asset accumulation in the latest period ($2,706,368), suggesting strong financial health.
Expenses generally align closely with revenue, indicating efficient use of funds for its purpose.

Frequently Asked Questions about Opta Opsrp Benefits Trust Fund

Why were assets and liabilities reported as $0 in several recent filings (2019-2023) before the latest period's significant asset value?

The provided summary data shows a discrepancy where assets and liabilities were reported as $0 for several years (2019-2023) but then show significant assets ($2,706,368) in the latest period. This could be due to how the summary data was compiled, or it might reflect specific accounting practices or reporting nuances within the full 990 forms that are not apparent in this summary.

What are the specific program services provided by Opta Opsrp Benefits Trust Fund?

Based on the NTEE code Y43 (Employee or Member Welfare Benefit Funds) and the organization's name, it likely provides benefits or welfare services to employees or members. A review of the full 990 forms would provide detailed descriptions of these programs.

How does the organization manage its investments given its significant assets?

With assets reaching $2,706,368, understanding the organization's investment strategy and management would be important. The provided summary does not offer details on investment income or management practices.

Filing History

IRS 990 filing history for Opta Opsrp Benefits Trust Fund showing financial trends over 12 years of public records:

Over 12 years of IRS 990 filings (2012–2023), Opta Opsrp Benefits Trust Fund's revenue has grown by 65.4%, moving from $1.1M to $1.7M. Total assets decreased by 100% over the same period, from $446K to $0. Total functional expenses rose by 25.1%, from $1.0M to $1.3M. In its most recent filing year (2023), Opta Opsrp Benefits Trust Fund reported a surplus of $491K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.7M	$1.3M	$0	$0	—	View 990
2022	$1.3M	$127K	$0	$0	—	View 990
2021	$1.2M	$1.1M	$0	$0	—	View 990
2020	$1.3M	$985K	$0	$0	—	—
2019	$1.3M	$1.1M	$0	$0	—	View 990
2018	$1.2M	$1.1M	$878K	$0	—	View 990
2017	$1.4M	$1.2M	$741K	$0	—	View 990
2016	$968K	$990K	$556K	$0	—	View 990
2015	$1.0M	$915K	$593K	$0	—	View 990
2014	$940K	$914K	$497K	$0	—	View 990
2013	$1.0M	$999K	$472K	$0	—	View 990
2012	$1.1M	$1.0M	$446K	$50K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.7M, expenses of $1.3M, and assets of $0 (revenue +30.1% year-over-year).
2022: Revenue of $1.3M, expenses of $127K, and assets of $0 (revenue +9.0% year-over-year).
2021: Revenue of $1.2M, expenses of $1.1M, and assets of $0 (revenue -5.9% year-over-year).
2020: Revenue of $1.3M, expenses of $985K, and assets of $0 (revenue +1.6% year-over-year).
2019: Revenue of $1.3M, expenses of $1.1M, and assets of $0 (revenue +3.9% year-over-year).
2018: Revenue of $1.2M, expenses of $1.1M, and assets of $878K (revenue -8.8% year-over-year).
2017: Revenue of $1.4M, expenses of $1.2M, and assets of $741K (revenue +40.1% year-over-year).
2016: Revenue of $968K, expenses of $990K, and assets of $556K (revenue -4.2% year-over-year).
2015: Revenue of $1.0M, expenses of $915K, and assets of $593K (revenue +7.5% year-over-year).
2014: Revenue of $940K, expenses of $914K, and assets of $497K (revenue -9.5% year-over-year).
2013: Revenue of $1.0M, expenses of $999K, and assets of $472K (revenue -1.5% year-over-year).
2012: Revenue of $1.1M, expenses of $1.0M, and assets of $446K.

Data Sources and Methodology

This transparency report for Opta Opsrp Benefits Trust Fund 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.