Osprey Foundation Inc
Osprey Foundation Inc. consistently spends more than it earns, drawing on substantial assets.
EIN: 141862154 · Towson, MD · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $13.1M |
| Total Expenses | $7.1M |
| Program Spending | 80% |
| Net Assets | $34.6M |
| Transparency Score | 85/100 |
Is Osprey Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Osprey Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Osprey Foundation Inc
Osprey Foundation Inc (EIN: 141862154) is a nonprofit organization based in Towson, MD, classified under NTEE code T22. The organization reported total revenue of $13.1M and total assets of $30.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Osprey Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Osprey Foundation Inc is a large nonprofit that has been operating for 23 years, with 11 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.4M |
| Total Expenses | $7.1M |
| Surplus / Deficit | $-3,736,646 |
| Total Assets | $34.7M |
| Total Liabilities | $95K |
| Net Assets | $34.6M |
| Operating Margin | -110.2% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 58.4 months |
Financial Health Grade: B
In 2023, Osprey Foundation Inc reported a deficit of $3.7M with expenses exceeding revenue, holds 58.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2023), Osprey Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of -0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.8% | -23.1% | -9.5% |
| 2022 | -69.3% | +71.7% | -14.2% |
| 2021 | +50.7% | +15.2% | +2.7% |
| 2020 | -16.0% | -4.1% | +0.9% |
| 2019 | +14.9% | -5.5% | -12.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
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 Osprey Foundation Inc 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: 80%
- fundraising: 10%
According to IRS 990 filings, Osprey Foundation Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 deficit of $3.7M, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filing periods, indicating that officers are either unpaid volunteers or compensated through other means not categorized as officer compensation, which is a strong positive 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 Osprey Foundation Inc's IRS 990 filings:
- Consistent negative net income in recent years (e.g., 2023 and 2022), indicating spending from reserves.
- Significant decrease in assets from $49,078,992 in 2015 to $34,682,557 in 2023, suggesting sustained spending beyond revenue.
Strengths
The following positive indicators were identified for Osprey Foundation Inc:
- Strong asset base of $30,576,365 provides financial stability.
- Consistent 0% officer compensation across all reported periods, indicating efficient use of funds for mission.
- Long history of IRS 990 filings (11 filings), demonstrating transparency.
- NTEE code T22 (Philanthropy, Voluntarism, and Grantmaking Foundations) aligns with its operational model.
Frequently Asked Questions about Osprey Foundation Inc
Is Osprey Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Osprey Foundation Inc (EIN: 141862154) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Osprey Foundation Inc spend its money?
Osprey Foundation Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Osprey Foundation Inc tax-deductible?
Osprey Foundation Inc is registered as a tax-exempt nonprofit (EIN: 141862154). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Osprey Foundation Inc's spending goes to programs?
Osprey Foundation Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Osprey Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Osprey Foundation Inc is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Osprey Foundation Inc located?
Osprey Foundation Inc is headquartered in Towson, Maryland and files with the IRS under EIN 141862154. It is classified under NTEE code T22.
How many years of IRS 990 filings does Osprey Foundation Inc have?
Osprey Foundation Inc has 11 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 $13.1M in total revenue.
Is Osprey Foundation Inc. financially sustainable given recent deficits?
While the foundation has experienced deficits in recent years (e.g., $3,736,646 in 2023 and $6,396,254 in 2022), its substantial asset base of $30,576,365 provides a significant buffer. However, a sustained trend of expenses exceeding revenue would eventually impact its long-term financial health if not addressed.
What is the reason for 0% officer compensation?
The reported 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based or compensated through mechanisms not classified as 'officer compensation' on the 990, such as through a related management entity. This typically indicates a high dedication to mission and efficient use of funds.
How does the foundation manage its significant assets?
With assets of $30,576,365, the foundation likely employs professional investment management. The consistent asset base, despite recent spending exceeding revenue, suggests careful stewardship, though detailed investment performance is not available in this summary.
Filing History
IRS 990 filing history for Osprey Foundation Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2023), Osprey Foundation Inc's revenue has declined by 0.5%, moving from $3.4M to $3.4M. Total assets decreased by 22.8% over the same period, from $44.9M to $34.7M. Total functional expenses rose by 70%, from $4.2M to $7.1M. In its most recent filing year (2023), Osprey Foundation Inc reported a deficit of $3.7M, with expenses exceeding revenue. The organization holds $95K in liabilities against $34.7M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $34.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $7.1M | $34.7M | $95K | — | View 990 |
| 2022 | $2.9M | $9.3M | $38.3M | $1 | — | View 990 |
| 2021 | $9.4M | $5.4M | $44.7M | $1 | — | View 990 |
| 2020 | $6.2M | $4.7M | $43.5M | $1 | — | View 990 |
| 2019 | $7.4M | $4.9M | $43.1M | $36K | — | — |
| 2015 | $6.4M | $5.2M | $49.1M | $0 | — | View 990 |
| 2014 | $5.9M | $4.2M | $47.9M | $1 | — | View 990 |
| 2013 | $3.1M | $5.2M | $45.2M | $1 | — | View 990 |
| 2012 | $1.4M | $3.8M | $45.9M | $1 | — | View 990 |
| 2011 | $2.2M | $2.0M | $46.7M | $0 | — | View 990 |
| 2011 | $3.4M | $4.2M | $44.9M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $7.1M, and assets of $34.7M (revenue +17.8% year-over-year).
- 2022: Revenue of $2.9M, expenses of $9.3M, and assets of $38.3M (revenue -69.3% year-over-year).
- 2021: Revenue of $9.4M, expenses of $5.4M, and assets of $44.7M (revenue +50.7% year-over-year).
- 2020: Revenue of $6.2M, expenses of $4.7M, and assets of $43.5M (revenue -16.0% year-over-year).
- 2019: Revenue of $7.4M, expenses of $4.9M, and assets of $43.1M (revenue +14.9% year-over-year).
- 2015: Revenue of $6.4M, expenses of $5.2M, and assets of $49.1M (revenue +9.5% year-over-year).
- 2014: Revenue of $5.9M, expenses of $4.2M, and assets of $47.9M (revenue +90.6% year-over-year).
- 2013: Revenue of $3.1M, expenses of $5.2M, and assets of $45.2M (revenue +123.0% year-over-year).
- 2012: Revenue of $1.4M, expenses of $3.8M, and assets of $45.9M (revenue -36.6% year-over-year).
- 2011: Revenue of $2.2M, expenses of $2.0M, and assets of $46.7M (revenue -35.9% year-over-year).
- 2011: Revenue of $3.4M, expenses of $4.2M, and assets of $44.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Osprey Foundation Inc:
Data Sources and Methodology
This transparency report for Osprey 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.