Oshea Family Foundation
Oshea Family Foundation maintains substantial assets despite volatile revenue and zero executive compensation.
EIN: 133926380 · Ridgewood, NJ · NTEE: T20Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $3.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $45 |
| Net Assets | $45.9M |
| Transparency Score | 80/100 |
Is Oshea Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Oshea Family Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Oshea Family Foundation
Oshea Family Foundation (EIN: 133926380) is a nonprofit organization based in Ridgewood, NJ, classified under NTEE code T20Z. The organization reported total revenue of $3.6M and total assets of $45.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oshea Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oshea Family Foundation is a mid-size nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2011–2023).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -120.6% | +9.5% | -10.8% |
| 2022 | +7.1% | +17.8% | +7.3% |
| 2021 | +898.3% | +4.3% | +24.3% |
| 2020 | -91.7% | -7.3% | -4.2% |
| 2019 | +563.1% | +46.2% | +189.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 Oshea Family Foundation with a Mission Score of 80 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: 85%
- fundraising: 5%
According to IRS 990 filings, Oshea 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization with assets exceeding $45 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 Oshea Family Foundation's IRS 990 filings:
- Highly volatile revenue, including a significant negative revenue period in 202310.
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data makes efficiency analysis challenging.
Strengths
The following positive indicators were identified for Oshea Family Foundation:
- Consistently reports 0% officer compensation, indicating efficient use of funds for mission.
- Possesses substantial assets ($45,914,493) providing strong financial stability.
- Consistent filing of IRS 990s over a decade demonstrates regulatory compliance and transparency.
- Maintains stable expense levels despite revenue volatility, suggesting controlled operational costs.
Frequently Asked Questions about Oshea Family Foundation
Is Oshea Family Foundation a legitimate charity?
Oshea Family Foundation (EIN: 133926380) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 80/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.6M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does Oshea Family Foundation spend its money?
Oshea Family Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Oshea Family Foundation tax-deductible?
Oshea Family Foundation is registered as a tax-exempt nonprofit (EIN: 133926380). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Oshea Family Foundation CEO make?
Oshea Family Foundation's highest-compensated officer earns $45 annually. The organization reported $3.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Oshea Family Foundation's spending goes to programs?
Oshea Family Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Oshea Family Foundation compare to similar nonprofits?
With a transparency score of 80/100 (Excellent), Oshea Family Foundation is above average for NTEE category T20Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Oshea Family Foundation located?
Oshea Family Foundation is headquartered in Ridgewood, New Jersey and files with the IRS under EIN 133926380. It is classified under NTEE code T20Z.
How many years of IRS 990 filings does Oshea Family Foundation have?
Oshea Family Foundation has 10 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 $3.6M in total revenue.
How does the Oshea Family Foundation manage to operate with 0% officer compensation?
The filings consistently show 0% officer compensation, suggesting that leadership roles may be filled by volunteers or compensated through other means not reported as officer compensation on the 990, or that the foundation primarily functions as a grant-making entity with minimal internal staffing.
What caused the negative revenue of $-2,003,690 in the 202310 period?
Negative revenue can result from significant investment losses, returns of grants, or other financial adjustments. Without further detail from the full 990, the exact cause cannot be determined, but it indicates a substantial financial setback in that period.
What is the primary source of the foundation's revenue, given its high variability?
The high variability in revenue, ranging from $28,739 to $11,018,562, suggests that the foundation's income may be heavily reliant on investment returns, large one-time donations, or capital gains, rather than consistent program service revenue.
How does the foundation sustain its operations with such inconsistent revenue streams?
The foundation's substantial asset base, which has grown from $13 million to over $45 million, likely provides the financial stability to cover expenses even during periods of low or negative revenue, indicating a reliance on its endowment.
Filing History
IRS 990 filing history for Oshea Family Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Oshea Family Foundation's revenue has declined by 7072%, moving from $29K to $-2,003,690. Total assets increased by 249.9% over the same period, from $13.1M to $45.9M. Total functional expenses rose by 203.1%, from $1.2M to $3.5M. The organization holds $1 in liabilities against $45.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $45.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $-2,003,690 | $3.5M | $45.9M | $1 | — | View 990 |
| 2022 | $9.7M | $3.2M | $51.4M | $1 | — | View 990 |
| 2021 | $9.1M | $2.7M | $47.9M | $2.9M | — | View 990 |
| 2020 | $910K | $2.6M | $38.5M | $1 | — | — |
| 2019 | $11.0M | $2.8M | $40.2M | $1 | — | View 990 |
| 2015 | $1.7M | $1.9M | $13.9M | $0 | — | View 990 |
| 2014 | $68K | $1.7M | $14.2M | $0 | — | View 990 |
| 2013 | $5.1M | $1.3M | $15.7M | $0 | — | View 990 |
| 2012 | $179K | $1.3M | $12.0M | $0 | — | View 990 |
| 2011 | $29K | $1.2M | $13.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $-2,003,690, expenses of $3.5M, and assets of $45.9M (revenue -120.6% year-over-year).
- 2022: Revenue of $9.7M, expenses of $3.2M, and assets of $51.4M (revenue +7.1% year-over-year).
- 2021: Revenue of $9.1M, expenses of $2.7M, and assets of $47.9M (revenue +898.3% year-over-year).
- 2020: Revenue of $910K, expenses of $2.6M, and assets of $38.5M (revenue -91.7% year-over-year).
- 2019: Revenue of $11.0M, expenses of $2.8M, and assets of $40.2M (revenue +563.1% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.9M, and assets of $13.9M (revenue +2339.5% year-over-year).
- 2014: Revenue of $68K, expenses of $1.7M, and assets of $14.2M (revenue -98.7% year-over-year).
- 2013: Revenue of $5.1M, expenses of $1.3M, and assets of $15.7M (revenue +2718.4% year-over-year).
- 2012: Revenue of $179K, expenses of $1.3M, and assets of $12.0M (revenue +523.5% year-over-year).
- 2011: Revenue of $29K, expenses of $1.2M, and assets of $13.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oshea Family Foundation:
Data Sources and Methodology
This transparency report for Oshea 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.