Optimal Wellness Research Foundation Inc
EIN: 461224385 · Columbia, MD · NTEE: E05
| Metric | Value |
|---|---|
| Total Revenue | $101K |
| Total Expenses | $149K |
| Net Assets | $854 |
Is Optimal Wellness Research Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Optimal Wellness Research Foundation Inc
Optimal Wellness Research Foundation Inc (EIN: 461224385) is a nonprofit organization based in Columbia, MD, classified under NTEE code E05. The organization reported total revenue of $101K and total assets of $86 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Optimal Wellness Research Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Optimal Wellness Research Foundation Inc is a small nonprofit that has been operating for 7 years, with 6 years of IRS 990 filings on record (2018–2023). Revenue has grown at a compound annual rate of 24.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $150K |
| Total Expenses | $149K |
| Surplus / Deficit | +$550 |
| Total Assets | $854 |
| Net Assets | $854 |
| Operating Margin | 0.4% |
| Months of Reserves | 0.1 months |
Financial Health Grade: A
In 2023, Optimal Wellness Research Foundation Inc reported a surplus of $550 with revenue exceeding expenses, holds 0.1 months of operating reserves (limited).
Financial Trends
Over 6 years of filings (2018–2023), Optimal Wellness Research Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 24.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50.0% | -9.6% | +180.9% |
| 2022 | +0.0% | +83.5% | -99.5% |
| 2021 | +0.0% | +99.2% | +17.7% |
| 2020 | +33.3% | -63.5% | +5394.7% |
| 2019 | +50.0% | — | -98.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1280 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Optimal Wellness Research Foundation Inc 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 Optimal Wellness Research Foundation Inc 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 surplus of $550, with revenue exceeding expenses.
Frequently Asked Questions about Optimal Wellness Research Foundation Inc
Is Optimal Wellness Research Foundation Inc a legitimate charity?
Optimal Wellness Research Foundation Inc (EIN: 461224385) is a registered tax-exempt nonprofit based in Maryland. It has 6 years of IRS 990 filings on record. Total revenue: $101K. No red flags identified. Financial health grade: A.
How does Optimal Wellness Research Foundation Inc spend its money?
Optimal Wellness Research Foundation Inc reported $101K in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Optimal Wellness Research Foundation Inc tax-deductible?
Optimal Wellness Research Foundation Inc is registered as a tax-exempt nonprofit (EIN: 461224385). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Optimal Wellness Research Foundation Inc located?
Optimal Wellness Research Foundation Inc is headquartered in Columbia, Maryland and files with the IRS under EIN 461224385. It is classified under NTEE code E05.
How many years of IRS 990 filings does Optimal Wellness Research Foundation Inc have?
Optimal Wellness Research Foundation Inc has 6 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 $101K in total revenue.
Filing History
IRS 990 filing history for Optimal Wellness Research Foundation Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Optimal Wellness Research Foundation Inc's revenue has grown by 200%, moving from $50K to $150K. Total assets decreased by 98.3% over the same period, from $50K to $854. In its most recent filing year (2023), Optimal Wellness Research Foundation Inc reported a surplus of $550, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $150K | $149K | $854 | $0 | — | View 990 |
| 2022 | $100K | $165K | $304 | $0 | — | View 990 |
| 2021 | $100K | $90K | $66K | $0 | — | View 990 |
| 2020 | $100K | $45K | $56K | $0 | — | — |
| 2019 | $75K | $124K | $1K | $0 | — | View 990 |
| 2018 | $50K | $0 | $50K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $150K, expenses of $149K, and assets of $854 (revenue +50.0% year-over-year).
- 2022: Revenue of $100K, expenses of $165K, and assets of $304 (revenue +0.0% year-over-year).
- 2021: Revenue of $100K, expenses of $90K, and assets of $66K (revenue +0.0% year-over-year).
- 2020: Revenue of $100K, expenses of $45K, and assets of $56K (revenue +33.3% year-over-year).
- 2019: Revenue of $75K, expenses of $124K, and assets of $1K (revenue +50.0% year-over-year).
- 2018: Revenue of $50K, expenses of $0, and assets of $50K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Optimal Wellness Research Foundation Inc:
Data Sources and Methodology
This transparency report for Optimal Wellness Research Foundation Inc 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.