Osborne Treatment Services Inc
Osborne Treatment Services Inc. faces significant and growing operational deficits, with expenses exceeding revenue by millions in recent years.
EIN: 133517886 · Brooklyn, NY · NTEE: F22Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $4.4M |
| Program Spending | 70% |
| Net Assets | $101K |
| Transparency Score | 45/100 |
Is Osborne Treatment Services Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Osborne Treatment Services Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Osborne Treatment Services Inc
Osborne Treatment Services Inc (EIN: 133517886) is a nonprofit organization based in Brooklyn, NY, classified under NTEE code F22Z. The organization reported total revenue of $2.1M and total assets of $4.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Osborne Treatment Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Osborne Treatment Services Inc is a mid-size nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $4.4M |
| Surplus / Deficit | $-1,996,285 |
| Total Assets | $5.8M |
| Total Liabilities | $5.7M |
| Net Assets | $101K |
| Operating Margin | -83.0% |
| Debt-to-Asset Ratio | 98.3% |
| Months of Reserves | 15.8 months |
Financial Health Grade: C
In 2023, Osborne Treatment Services Inc reported a deficit of $2.0M with expenses exceeding revenue, holds 15.8 months of operating reserves (strong position), has a debt-to-asset ratio of 98.3% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Osborne Treatment Services Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -46.1% | -27.5% | -21.1% |
| 2022 | -22.1% | +8.0% | -21.2% |
| 2021 | -7.5% | -3.5% | +16.0% |
| 2020 | +4.9% | +8.3% | +102.0% |
| 2019 | +11.8% | +3.2% | +25.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1993 |
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 Osborne Treatment Services Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Osborne Treatment Services Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2.0M, with expenses exceeding revenue.
- Debt-to-asset ratio: 98.3%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is highly unusual for an organization with annual revenues in the millions. This suggests either a fully volunteer executive leadership or that executive compensation is reported under different categories, which could obscure the true cost of leadership.
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 Treatment Services Inc's IRS 990 filings:
- Consistent and significant operational deficits: Expenses exceeded revenue by over $2 million in 2023 and over $1.6 million in 2022.
- Deteriorating financial health: Liabilities are increasing and approaching total assets, indicating potential solvency issues.
- Unexplained 0% officer compensation: This is highly unusual for an organization of this scale and may lack transparency.
- Declining revenue trend: Revenue has decreased significantly from a peak of $6,183,456 in 2020 to $2,405,180 in 2023.
- High expense growth relative to revenue: Expenses have grown or remained high even as revenue has declined, exacerbating deficits.
Strengths
The following positive indicators were identified for Osborne Treatment Services Inc:
- Consistent filing history: The organization has a long history of filing IRS Form 990s, indicating compliance with reporting requirements.
- NTEE code F22Z suggests a focus on substance abuse treatment, addressing a critical community need.
Frequently Asked Questions about Osborne Treatment Services Inc
Is Osborne Treatment Services Inc a legitimate charity?
Osborne Treatment Services Inc (EIN: 133517886) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 45/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.1M. 5 red flags identified. 2 strengths noted. Financial health grade: C.
How does Osborne Treatment Services Inc spend its money?
Osborne Treatment Services Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Osborne Treatment Services Inc tax-deductible?
Osborne Treatment Services Inc is registered as a tax-exempt nonprofit (EIN: 133517886). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Osborne Treatment Services Inc's spending goes to programs?
Osborne Treatment Services Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Osborne Treatment Services Inc compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Osborne Treatment Services Inc is near average for NTEE category F22Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Osborne Treatment Services Inc located?
Osborne Treatment Services Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 133517886. It is classified under NTEE code F22Z.
How many years of IRS 990 filings does Osborne Treatment Services Inc have?
Osborne Treatment Services Inc has 13 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 $2.1M in total revenue.
Why have expenses consistently exceeded revenue in recent fiscal years?
In 2023, expenses were $4,401,465 against revenue of $2,405,180, and in 2022, expenses were $6,070,547 against revenue of $4,459,581. This trend of significant operational deficits needs clarification.
How is the organization funding its operational deficits?
With expenses consistently higher than revenue, the organization must be drawing down reserves, incurring debt, or receiving undisclosed funding to cover the shortfalls, which is not sustainable long-term.
What is the breakdown of program service expenses versus administrative and fundraising costs?
Without a detailed breakdown of expenses, it's challenging to assess the efficiency of spending and the proportion of funds directly supporting the mission, especially given the large overall expenses.
What is the explanation for 0% officer compensation across all filings?
While seemingly positive, this is highly uncommon for an organization of this size and could indicate that executive compensation is reported in a way that is not transparent or that the organization relies entirely on volunteer leadership, which warrants further inquiry.
What is the plan to address the increasing liabilities relative to assets?
In 2023, liabilities ($5,703,765) were very close to assets ($5,805,136), indicating a precarious financial position that needs a clear strategy for improvement.
Filing History
IRS 990 filing history for Osborne Treatment Services Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Osborne Treatment Services Inc's revenue has declined by 2.9%, moving from $2.5M to $2.4M. Total assets increased by 945.5% over the same period, from $555K to $5.8M. Total functional expenses rose by 88.4%, from $2.3M to $4.4M. In its most recent filing year (2023), Osborne Treatment Services Inc reported a deficit of $2.0M, with expenses exceeding revenue. The organization holds $5.7M in liabilities against $5.8M in assets (debt-to-asset ratio: 98.3%), resulting in net assets of $101K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.4M | $4.4M | $5.8M | $5.7M | — | — |
| 2022 | $4.5M | $6.1M | $7.4M | $5.3M | — | View 990 |
| 2021 | $5.7M | $5.6M | $9.3M | $5.6M | — | View 990 |
| 2020 | $6.2M | $5.8M | $8.0M | $4.4M | — | View 990 |
| 2019 | $5.9M | $5.4M | $4.0M | $733K | — | View 990 |
| 2018 | $5.3M | $5.2M | $3.2M | $427K | — | View 990 |
| 2017 | $2.9M | $2.8M | $3.1M | $454K | — | View 990 |
| 2016 | $3.1M | $2.8M | $3.0M | $434K | — | View 990 |
| 2015 | $3.3M | $2.6M | $2.5M | $171K | — | View 990 |
| 2014 | $3.1M | $2.4M | $1.7M | $52K | — | View 990 |
| 2013 | $2.1M | $1.9M | $926K | $55K | — | View 990 |
| 2012 | $2.2M | $2.0M | $689K | $21K | — | View 990 |
| 2011 | $2.5M | $2.3M | $555K | $81K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.4M, expenses of $4.4M, and assets of $5.8M (revenue -46.1% year-over-year).
- 2022: Revenue of $4.5M, expenses of $6.1M, and assets of $7.4M (revenue -22.1% year-over-year).
- 2021: Revenue of $5.7M, expenses of $5.6M, and assets of $9.3M (revenue -7.5% year-over-year).
- 2020: Revenue of $6.2M, expenses of $5.8M, and assets of $8.0M (revenue +4.9% year-over-year).
- 2019: Revenue of $5.9M, expenses of $5.4M, and assets of $4.0M (revenue +11.8% year-over-year).
- 2018: Revenue of $5.3M, expenses of $5.2M, and assets of $3.2M (revenue +82.8% year-over-year).
- 2017: Revenue of $2.9M, expenses of $2.8M, and assets of $3.1M (revenue -6.6% year-over-year).
- 2016: Revenue of $3.1M, expenses of $2.8M, and assets of $3.0M (revenue -6.7% year-over-year).
- 2015: Revenue of $3.3M, expenses of $2.6M, and assets of $2.5M (revenue +5.2% year-over-year).
- 2014: Revenue of $3.1M, expenses of $2.4M, and assets of $1.7M (revenue +50.2% year-over-year).
- 2013: Revenue of $2.1M, expenses of $1.9M, and assets of $926K (revenue -5.6% year-over-year).
- 2012: Revenue of $2.2M, expenses of $2.0M, and assets of $689K (revenue -10.4% year-over-year).
- 2011: Revenue of $2.5M, expenses of $2.3M, and assets of $555K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Osborne Treatment Services Inc:
Data Sources and Methodology
This transparency report for Osborne Treatment Services 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.