Osta Foundation Inc
Osta Foundation Inc. shows consistent asset growth and zero liabilities with volunteer leadership.
EIN: 201728670 · Yukon, OK · NTEE: I196 · Updated: 2026-03-28
Is Osta Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Osta Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Osta Foundation Inc
Osta Foundation Inc (EIN: 201728670) is a nonprofit organization based in Yukon, OK, classified under NTEE code I196. The organization reported total revenue of $90K and total assets of $742K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Osta Foundation Inc'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 Osta Foundation Inc with a Mission Score of 90 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, Osta Foundation Inc 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.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership operates on a volunteer basis, 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 Osta Foundation Inc's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $373,894 in 202305 down to $90,871 in 202405) could impact program planning.
Strengths
The following positive indicators were identified for Osta Foundation Inc:
- Consistent asset growth, reaching $717,545 in 202405.
- Zero liabilities reported across all filing periods, indicating strong financial solvency.
- 0% officer compensation, suggesting a highly efficient, volunteer-driven leadership model.
- Consistent IRS 990 filing history (14 filings) demonstrates transparency and compliance.
Frequently Asked Questions about Osta Foundation Inc
Is Osta Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Osta Foundation Inc (EIN: 201728670) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Osta Foundation Inc spend its money?
Osta Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Osta Foundation Inc tax-deductible?
Osta Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201728670). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Osta Foundation Inc. a good charity?
Based on the provided data, Osta Foundation Inc. appears to be a good charity. It demonstrates strong financial health with growing assets ($717,545 in 202405) and zero liabilities, indicating responsible financial management. The absence of officer compensation suggests a high degree of efficiency and dedication to its mission.
How has Osta Foundation Inc.'s revenue changed over time?
Osta Foundation Inc.'s revenue has fluctuated significantly. It saw a peak of $373,894 in 202305, but then decreased to $90,871 in 202405. Prior to 2023, annual revenues were generally below $70,000.
What is the financial stability of Osta Foundation Inc.?
The Osta Foundation Inc. exhibits strong financial stability. It has consistently grown its assets from $285,916 in 201605 to $717,545 in 202405 and has maintained zero liabilities across all reported periods, indicating a very healthy balance sheet.
Filing History
IRS 990 filing history for Osta Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Osta Foundation Inc's revenue has grown by 187.5%, moving from $32K to $91K. Total assets increased by 13097.4% over the same period, from $5K to $718K. Total functional expenses rose by 29.5%, from $59K to $76K. In its most recent filing year (2024), Osta Foundation Inc reported a surplus of $15K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2024 | $91K | $76K | $718K | $0 | — | — |
| 2023 | $374K | $70K | $644K | $0 | — | View 990 |
| 2022 | $46K | $54K | $349K | $0 | — | View 990 |
| 2021 | $38K | $29K | $370K | $0 | — | View 990 |
| 2020 | $48K | $40K | $327K | $0 | — | View 990 |
| 2019 | $64K | $43K | $324K | $0 | — | View 990 |
| 2018 | $48K | $53K | $307K | $0 | — | View 990 |
| 2017 | $57K | $44K | $308K | $0 | — | View 990 |
| 2016 | $54K | $51K | $286K | $0 | — | View 990 |
| 2015 | $76K | $26K | $293K | $0 | — | View 990 |
| 2014 | $223K | $26K | $247K | $0 | — | View 990 |
| 2013 | $28K | $32K | $28K | $0 | — | View 990 |
| 2012 | $29K | $2K | $32K | $0 | — | View 990 |
| 2011 | $32K | $59K | $5K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $91K, expenses of $76K, and assets of $718K (revenue -75.7% year-over-year).
- 2023: Revenue of $374K, expenses of $70K, and assets of $644K (revenue +714.1% year-over-year).
- 2022: Revenue of $46K, expenses of $54K, and assets of $349K (revenue +20.6% year-over-year).
- 2021: Revenue of $38K, expenses of $29K, and assets of $370K (revenue -20.9% year-over-year).
- 2020: Revenue of $48K, expenses of $40K, and assets of $327K (revenue -24.9% year-over-year).
- 2019: Revenue of $64K, expenses of $43K, and assets of $324K (revenue +34.2% year-over-year).
- 2018: Revenue of $48K, expenses of $53K, and assets of $307K (revenue -16.5% year-over-year).
- 2017: Revenue of $57K, expenses of $44K, and assets of $308K (revenue +6.1% year-over-year).
- 2016: Revenue of $54K, expenses of $51K, and assets of $286K (revenue -28.6% year-over-year).
- 2015: Revenue of $76K, expenses of $26K, and assets of $293K (revenue -66.1% year-over-year).
- 2014: Revenue of $223K, expenses of $26K, and assets of $247K (revenue +687.7% year-over-year).
- 2013: Revenue of $28K, expenses of $32K, and assets of $28K (revenue -1.9% year-over-year).
- 2012: Revenue of $29K, expenses of $2K, and assets of $32K (revenue -8.8% year-over-year).
- 2011: Revenue of $32K, expenses of $59K, and assets of $5K.
Data Sources and Methodology
This transparency report for Osta 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.