Osborne Family Foundation
Osborne Family Foundation shows volatile revenue and consistent deficit spending in recent years, maintaining assets with no officer compensation.
EIN: 204053580 · Carthage, MO · NTEE: T20 · Updated: 2026-03-28
Is Osborne Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Osborne Family Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Osborne Family Foundation
Osborne Family Foundation (EIN: 204053580) is a nonprofit organization based in Carthage, MO, classified under NTEE code T20. The organization reported total revenue of $764K and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Osborne Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Osborne Family Foundation 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Osborne Family 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.
Executive Compensation Analysis
The Osborne Family Foundation consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly favorable for resource allocation.
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 Osborne Family Foundation's IRS 990 filings:
- Consistent deficit spending in multiple recent periods (e.g., 202312: Revenue $48,240, Expenses $169,578; 202212: Revenue $18,085, Expenses $156,814).
- Significant year-over-year revenue volatility, making financial planning potentially challenging.
Strengths
The following positive indicators were identified for Osborne Family Foundation:
- Zero officer compensation reported across all filings, indicating efficient use of funds for non-executive purposes.
- Strong asset base consistently over $2 million, providing financial stability despite revenue fluctuations.
- Consistent IRS 990 filing history, demonstrating good transparency.
Frequently Asked Questions about Osborne Family Foundation
Is Osborne Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Osborne Family Foundation (EIN: 204053580) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Osborne Family Foundation spend its money?
Osborne Family Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Osborne Family Foundation tax-deductible?
Osborne Family Foundation is registered as a tax-exempt nonprofit (EIN: 204053580). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Osborne Family Foundation financially sustainable given its revenue volatility?
While the foundation has substantial assets (e.g., $2,417,849 latest), its revenue has been highly volatile, and expenses frequently exceed revenue (e.g., $48,240 revenue vs. $169,578 expenses in 2023). This suggests reliance on its asset base, which is sustainable in the short term but could be concerning if the trend of significant deficit spending continues long-term without substantial new revenue.
What is the primary purpose of the Osborne Family Foundation?
As a private foundation (NTEE Code T20), its primary purpose is typically grant-making to other charitable organizations or individuals, rather than direct program services. The provided data does not detail specific grant recipients or program areas.
How does the foundation manage its expenses relative to its size?
With expenses consistently around $130,000-$210,000 annually against assets over $2 million, the operational expenses appear modest relative to its asset base. The absence of officer compensation further contributes to lower overhead.
Filing History
IRS 990 filing history for Osborne Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Osborne Family Foundation's revenue has declined by 71.6%, moving from $170K to $48K. Total assets increased by 6.6% over the same period, from $2.3M to $2.5M. Total functional expenses rose by 31.9%, from $129K to $170K. In its most recent filing year (2023), Osborne Family Foundation reported a deficit of $121K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $48K | $170K | $2.5M | $1 | — | — |
| 2022 | $18K | $157K | $2.6M | $1 | — | View 990 |
| 2021 | $417K | $168K | $2.6M | $1 | — | View 990 |
| 2020 | $209K | $210K | $2.3M | $1 | — | View 990 |
| 2019 | $299K | $181K | $2.2M | $1 | — | View 990 |
| 2015 | $255K | $129K | $2.2M | $1 | — | View 990 |
| 2014 | $65K | $131K | $2.1M | $1 | — | View 990 |
| 2013 | $13K | $135K | $2.1M | $1 | — | View 990 |
| 2012 | $100K | $134K | $2.3M | $1 | — | View 990 |
| 2011 | $170K | $129K | $2.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $48K, expenses of $170K, and assets of $2.5M (revenue +166.7% year-over-year).
- 2022: Revenue of $18K, expenses of $157K, and assets of $2.6M (revenue -95.7% year-over-year).
- 2021: Revenue of $417K, expenses of $168K, and assets of $2.6M (revenue +99.4% year-over-year).
- 2020: Revenue of $209K, expenses of $210K, and assets of $2.3M (revenue -30.2% year-over-year).
- 2019: Revenue of $299K, expenses of $181K, and assets of $2.2M (revenue +17.5% year-over-year).
- 2015: Revenue of $255K, expenses of $129K, and assets of $2.2M (revenue +291.4% year-over-year).
- 2014: Revenue of $65K, expenses of $131K, and assets of $2.1M (revenue +397.8% year-over-year).
- 2013: Revenue of $13K, expenses of $135K, and assets of $2.1M (revenue -86.9% year-over-year).
- 2012: Revenue of $100K, expenses of $134K, and assets of $2.3M (revenue -41.0% year-over-year).
- 2011: Revenue of $170K, expenses of $129K, and assets of $2.3M.
Data Sources and Methodology
This transparency report for Osborne Family 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.