Oswego Industries Inc
Oswego Industries Inc. consistently operates near break-even with no reported officer compensation.
EIN: 162197163 · Fulton, NY · NTEE: J33Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.1M |
| Total Expenses | $7.0M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $6 |
| Net Assets | $3.1M |
| Transparency Score | 70/100 |
Search Intent Cockpit
Oswego Industries Inc Form 990, Revenue, CEO Pay, and IRS Filing Signals
Oswego Industries Inc is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Oswego Industries Inc in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $6.9M and expenses of $7.0M.
Revenue and Expenses
Oswego Industries Inc reported $6.9M in revenue and $7.0M in expenses, a deficit of $81K.
Executive Compensation
Top officer compensation appears as $6 in the stored analysis, with context against revenue and expenses below.
Charity Score and Red Flags
70/100 mission score, 2 red flags, and 3 strengths are shown from structured and AI review.
Is Oswego Industries Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $5.3M (75%) |
Across stored filings, Oswego Industries Inc shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 2 red flags identified |
| Mission spend | 75% to programs | Excellent |
| Financial durability | Grade B | 13 stored filing years |
| Peer context | Compare with Healthy Capital District Initiative | New York and Category J context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
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All Category J
Local and Sector Spokes
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Fulton, NY nonprofitsCategory J in New York
Human Services in New York
Follow the Money
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Keep the Investigation Moving
Oswego Industries Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Oswego Industries Inc
Oswego Industries Inc (EIN: 162197163) is a nonprofit organization based in Fulton, NY, classified under NTEE code J33Z. The organization reported total revenue of $7.1M and total assets of $4.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oswego Industries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Oswego Industries Inc is a mid-size nonprofit that has been operating for 48 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.9M |
| Total Expenses | $7.0M |
| Surplus / Deficit | $-81,101 |
| Total Assets | $4.0M |
| Total Liabilities | $929K |
| Net Assets | $3.1M |
| Operating Margin | -1.2% |
| Debt-to-Asset Ratio | 23.0% |
| Months of Reserves | 6.9 months |
Financial Health Grade: B
In 2023, Oswego Industries Inc reported a deficit of $81K with expenses exceeding revenue, holds 6.9 months of operating reserves (strong position), has a debt-to-asset ratio of 23.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Oswego Industries Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -10.4% | -4.7% | +6.1% |
| 2022 | +22.9% | +11.9% | -20.3% |
| 2021 | -16.5% | -7.5% | +10.0% |
| 2020 | +0.5% | -10.6% | +15.0% |
| 2019 | -17.4% | -8.5% | -7.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1978 |
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 Oswego Industries Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Oswego Industries Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $81K, with expenses exceeding revenue.
- Debt-to-asset ratio: 23.0%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is highly unusual for an organization with annual revenues exceeding $6 million. This could indicate that executive compensation is reported under other expense categories or that the organization relies entirely on volunteer leadership, which would be exceptional for its scale.
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 Oswego Industries Inc's IRS 990 filings:
- Consistent 0% officer compensation reported, which is highly unusual for an organization of this size and warrants further clarification.
- Expenses frequently exceed revenue in recent years (e.g., 202312, 202112, 201912), indicating potential operational deficits.
Strengths
The following positive indicators were identified for Oswego Industries Inc:
- Stable asset base, consistently above $3.5 million, providing a financial cushion.
- Liabilities are consistently well-managed and significantly lower than assets, indicating good financial health.
- Long filing history (13 filings) demonstrates consistent operation and reporting.
Frequently Asked Questions about Oswego Industries Inc
Is Oswego Industries Inc a legitimate charity?
Oswego Industries Inc (EIN: 162197163) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $7.1M. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Oswego Industries Inc spend its money?
Oswego Industries Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Oswego Industries Inc tax-deductible?
Oswego Industries Inc is registered as a tax-exempt nonprofit (EIN: 162197163). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Oswego Industries Inc CEO make?
Oswego Industries Inc's highest-compensated officer earns $6 annually. The organization reported $7.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Oswego Industries Inc's spending goes to programs?
Oswego Industries Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Oswego Industries Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Oswego Industries Inc is above average for NTEE category J33Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Oswego Industries Inc located?
Oswego Industries Inc is headquartered in Fulton, New York and files with the IRS under EIN 162197163. It is classified under NTEE code J33Z.
How many years of IRS 990 filings does Oswego Industries Inc have?
Oswego Industries 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 $7.1M in total revenue.
Is Oswego Industries Inc. financially stable given its fluctuating revenue and expenses?
While Oswego Industries Inc. has experienced periods where expenses exceeded revenue (e.g., 202312, 202112, 201912), its assets have remained relatively stable and significantly exceed liabilities, suggesting a reasonable level of financial stability despite operational fluctuations.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation is highly unusual for an organization of this size and revenue. This could indicate that compensation is categorized differently, or that the organization operates with an entirely volunteer executive leadership, which would be a significant point of transparency to clarify.
What is the trend in the organization's net assets?
Net assets (Assets - Liabilities) have generally fluctuated but remained positive. For example, in 202312, net assets were $3,103,336 ($4,032,694 - $929,358), and in 202212, they were $3,190,373 ($3,801,709 - $611,336), indicating a healthy financial cushion.
Filing History
IRS 990 filing history for Oswego Industries Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Oswego Industries Inc's revenue has declined by 25.4%, moving from $9.3M to $6.9M. Total assets decreased by 19.2% over the same period, from $5.0M to $4.0M. Total functional expenses fell by 26.5%, from $9.6M to $7.0M. In its most recent filing year (2023), Oswego Industries Inc reported a deficit of $81K, with expenses exceeding revenue. The organization holds $929K in liabilities against $4.0M in assets (debt-to-asset ratio: 23.0%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.9M | $7.0M | $4.0M | $929K | — | — |
| 2022 | $7.7M | $7.4M | $3.8M | $611K | — | View 990 |
| 2021 | $6.3M | $6.6M | $4.8M | $1.9M | — | View 990 |
| 2020 | $7.5M | $7.1M | $4.3M | $1.2M | — | View 990 |
| 2019 | $7.5M | $8.0M | $3.8M | $1.1M | — | View 990 |
| 2018 | $9.1M | $8.7M | $4.1M | $948K | — | View 990 |
| 2017 | $8.2M | $8.2M | $3.8M | $1.0M | — | — |
| 2016 | $8.1M | $8.1M | $3.6M | $937K | — | View 990 |
| 2015 | $8.2M | $8.5M | $3.5M | $866K | — | View 990 |
| 2014 | $8.2M | $8.7M | $3.9M | $901K | — | View 990 |
| 2013 | $9.0M | $8.8M | $4.9M | $1.3M | — | View 990 |
| 2012 | $9.1M | $9.2M | $4.7M | $1.4M | — | View 990 |
| 2011 | $9.3M | $9.6M | $5.0M | $1.6M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.9M, expenses of $7.0M, and assets of $4.0M (revenue -10.4% year-over-year).
- 2022: Revenue of $7.7M, expenses of $7.4M, and assets of $3.8M (revenue +22.9% year-over-year).
- 2021: Revenue of $6.3M, expenses of $6.6M, and assets of $4.8M (revenue -16.5% year-over-year).
- 2020: Revenue of $7.5M, expenses of $7.1M, and assets of $4.3M (revenue +0.5% year-over-year).
- 2019: Revenue of $7.5M, expenses of $8.0M, and assets of $3.8M (revenue -17.4% year-over-year).
- 2018: Revenue of $9.1M, expenses of $8.7M, and assets of $4.1M (revenue +10.2% year-over-year).
- 2017: Revenue of $8.2M, expenses of $8.2M, and assets of $3.8M (revenue +1.5% year-over-year).
- 2016: Revenue of $8.1M, expenses of $8.1M, and assets of $3.6M (revenue -0.7% year-over-year).
- 2015: Revenue of $8.2M, expenses of $8.5M, and assets of $3.5M (revenue +-0.0% year-over-year).
- 2014: Revenue of $8.2M, expenses of $8.7M, and assets of $3.9M (revenue -9.4% year-over-year).
- 2013: Revenue of $9.0M, expenses of $8.8M, and assets of $4.9M (revenue -0.9% year-over-year).
- 2012: Revenue of $9.1M, expenses of $9.2M, and assets of $4.7M (revenue -1.9% year-over-year).
- 2011: Revenue of $9.3M, expenses of $9.6M, and assets of $5.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Oswego Industries Inc:
Data Sources and Methodology
This transparency report for Oswego Industries 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.