Oscar Foundation Llc
Oscar Foundation Llc shows significant revenue growth and low expenses in its latest filing, with no officer compensation.
EIN: 203036946 · Albuquerque, NM · NTEE: B99 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $31K |
| Total Expenses | $20K |
| Program Spending | 90% |
| Net Assets | $242K |
| Transparency Score | 85/100 |
Is Oscar Foundation Llc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oscar Foundation Llc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Oscar Foundation Llc
Oscar Foundation Llc (EIN: 203036946) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code B99. The organization reported total revenue of $31K and total assets of $257K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oscar Foundation Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oscar Foundation Llc is a micro nonprofit that has been operating for 20 years, with 2 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 36.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $217K |
| Total Expenses | $20K |
| Surplus / Deficit | +$197K |
| Total Assets | $242K |
| Net Assets | $242K |
| Operating Margin | 90.7% |
| Months of Reserves | 143.9 months |
Financial Health Grade: A
In 2023, Oscar Foundation Llc reported a surplus of $197K with revenue exceeding expenses, holds 143.9 months of operating reserves (strong position).
Financial Trends
Over 2 years of filings (2019–2023), Oscar Foundation Llc's revenue has grown at a compound annual growth rate (CAGR) of 36.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +246.5% | -62.2% | +390.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Oscar Foundation Llc with a Mission Score of 85 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, Oscar Foundation Llc 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $197K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% in both available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not reported as officer compensation, which is highly efficient for an organization of its size.
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 Oscar Foundation Llc's IRS 990 filings:
- Broad NTEE code (B99) makes specific program assessment difficult without further information.
Strengths
The following positive indicators were identified for Oscar Foundation Llc:
- Significant revenue growth from $62,674 in 2019 to $217,160 in 2023.
- Very low expenses ($20,206 in 2023) relative to revenue, indicating high efficiency.
- No reported officer compensation (0% in both filings), suggesting volunteer leadership or highly efficient executive structure.
- No reported liabilities in either filing, indicating strong financial stability.
- Strong asset growth from $49,429 in 2019 to $242,341 in 2023.
Frequently Asked Questions about Oscar Foundation Llc
Is Oscar Foundation Llc a legitimate charity?
Based on AI analysis of IRS 990 filings, Oscar Foundation Llc (EIN: 203036946) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Oscar Foundation Llc spend its money?
Oscar Foundation Llc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Oscar Foundation Llc tax-deductible?
Oscar Foundation Llc is registered as a tax-exempt nonprofit (EIN: 203036946). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Oscar Foundation Llc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Oscar Foundation Llc is above average for NTEE category B99 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Oscar Foundation Llc located?
Oscar Foundation Llc is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 203036946. It is classified under NTEE code B99.
How many years of IRS 990 filings does Oscar Foundation Llc have?
Oscar Foundation Llc 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 $31K in total revenue.
Is Oscar Foundation Llc a good charity?
Based on the available IRS 990 data, Oscar Foundation Llc appears to be a financially healthy organization, especially in its latest filing. It has demonstrated strong revenue growth, very low expenses relative to income, and no reported officer compensation, which are all positive indicators of efficiency and dedication to its mission.
What is the primary purpose of Oscar Foundation Llc given its NTEE code?
The NTEE code B99 ('All Other') is very broad and does not specify a particular program area. To understand the primary purpose, one would need to consult the organization's mission statement or other public disclosures, as the financial filings alone do not provide this detail.
How has Oscar Foundation Llc's financial health changed over time?
The organization's financial health has significantly improved. Revenue increased from $62,674 in 2019 to $217,160 in 2023, while expenses decreased from $53,421 to $20,206 in the same period, leading to a substantial increase in assets from $49,429 to $242,341.
Filing History
IRS 990 filing history for Oscar Foundation Llc showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2019–2023), Oscar Foundation Llc's revenue has grown by 246.5%, moving from $63K to $217K. Total assets increased by 390.3% over the same period, from $49K to $242K. Total functional expenses fell by 62.2%, from $53K to $20K. In its most recent filing year (2023), Oscar Foundation Llc reported a surplus of $197K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $217K | $20K | $242K | $0 | — | — |
| 2019 | $63K | $53K | $49K | $0 | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oscar Foundation Llc:
Data Sources and Methodology
This transparency report for Oscar Foundation Llc 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.