Otoole Family Foundation
Otoole Family Foundation maintains strong assets and minimal liabilities with 0% officer compensation.
EIN: 133748068 · Albany, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $8.4M |
| Total Expenses | $3.1M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $20 |
| Net Assets | $20.6M |
| Transparency Score | 85/100 |
Is Otoole Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Otoole Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Otoole Family Foundation
Otoole Family Foundation (EIN: 133748068) is a nonprofit organization based in Albany, NY. The organization reported total revenue of $8.4M and total assets of $23.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Otoole Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Otoole Family Foundation is a mid-size nonprofit that has been operating for 32 years, with 11 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 29.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.9M |
| Total Expenses | $3.1M |
| Surplus / Deficit | +$1.8M |
| Total Assets | $20.6M |
| Total Liabilities | $1 |
| Net Assets | $20.6M |
| Operating Margin | 36.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 79.1 months |
Financial Health Grade: A
In 2024, Otoole Family Foundation reported a surplus of $1.8M with revenue exceeding expenses, holds 79.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2012–2024), Otoole Family Foundation's revenue has grown at a compound annual growth rate (CAGR) of 29.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -26.8% | +243.8% | -1.5% |
| 2023 | +503.8% | +4.3% | +19.6% |
| 2022 | -70.0% | -15.2% | +1.4% |
| 2021 | +3.0% | +155.0% | +18.4% |
| 2020 | +721.4% | -60.7% | +16.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 Otoole Family Foundation 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, Otoole Family Foundation 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filing periods, indicating that officers are either unpaid volunteers or compensated through non-salary means, which is highly unusual for an organization with assets exceeding $20 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 Otoole Family Foundation's IRS 990 filings:
- Significant year-over-year revenue volatility, making financial planning potentially challenging.
- Lack of detailed expense breakdown (e.g., program vs. administrative) in provided data, hindering precise efficiency assessment.
- Consistent 0% officer compensation for an organization of this size could indicate non-salary compensation or a fully volunteer board, which warrants further inquiry for full transparency.
Strengths
The following positive indicators were identified for Otoole Family Foundation:
- Strong and consistent asset growth, reaching $20,622,941 in 202403.
- Extremely low liabilities, consistently reported as $1 or $0, indicating excellent financial stability.
- Consistent reporting of 0% officer compensation, suggesting a highly efficient and potentially volunteer-driven leadership.
- Generally low expenses relative to revenue in many periods, implying efficient use of funds.
Frequently Asked Questions about Otoole Family Foundation
Is Otoole Family Foundation a legitimate charity?
Otoole Family Foundation (EIN: 133748068) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 11 years of IRS 990 filings on record. Total revenue: $8.4M. 3 red flags identified. 4 strengths noted. Financial health grade: A.
How does Otoole Family Foundation spend its money?
Otoole Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Otoole Family Foundation tax-deductible?
Otoole Family Foundation is registered as a tax-exempt nonprofit (EIN: 133748068). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Otoole Family Foundation CEO make?
Otoole Family Foundation's highest-compensated officer earns $20 annually. The organization reported $8.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Otoole Family Foundation located?
Otoole Family Foundation is headquartered in Albany, New York and files with the IRS under EIN 133748068.
How many years of IRS 990 filings does Otoole Family Foundation have?
Otoole Family Foundation 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 $8.4M in total revenue.
Is the Otoole Family Foundation a good charity?
Based on the available financial data, the Otoole Family Foundation appears to be a financially sound organization with growing assets ($20,622,941 in 202403) and minimal liabilities ($1 in 202403). The consistent reporting of 0% officer compensation suggests a highly efficient or volunteer-driven model, which is generally positive for a charity. However, without detailed program spending breakdowns, it's difficult to fully assess its direct impact.
How does the Otoole Family Foundation manage its expenses?
The foundation manages its expenses very efficiently, often spending significantly less than its revenue. For example, in 202303, expenses were $909,792 against revenues of $6,728,330. The consistent 0% officer compensation also points to a lean operational structure, likely directing a high proportion of funds towards its charitable purpose.
What is the trend in the foundation's assets?
The foundation's assets have shown a strong upward trend over the years, growing from $10,639,671 in 201303 to $20,622,941 in 202403, nearly doubling in a decade. This indicates effective asset management and growth.
Filing History
IRS 990 filing history for Otoole Family Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2024), Otoole Family Foundation's revenue has grown by 2198.5%, moving from $214K to $4.9M. Total assets increased by 144.9% over the same period, from $8.4M to $20.6M. Total functional expenses rose by 324.5%, from $737K to $3.1M. In its most recent filing year (2024), Otoole Family Foundation reported a surplus of $1.8M, with revenue exceeding expenses. The organization holds $1 in liabilities against $20.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $20.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $4.9M | $3.1M | $20.6M | $1 | — | View 990 |
| 2023 | $6.7M | $910K | $20.9M | $1 | — | View 990 |
| 2022 | $1.1M | $872K | $17.5M | $1 | — | View 990 |
| 2021 | $3.7M | $1.0M | $17.3M | $1 | — | View 990 |
| 2020 | $3.6M | $403K | $14.6M | $1 | — | — |
| 2019 | $439K | $1.0M | $12.5M | $1 | — | View 990 |
| 2016 | $3.3M | $2.8M | $12.6M | $0 | — | View 990 |
| 2015 | $3.8M | $2.5M | $11.6M | $0 | — | View 990 |
| 2014 | $3.5M | $1.9M | $10.2M | $0 | — | View 990 |
| 2013 | $11.1M | $1.1M | $10.6M | $0 | — | View 990 |
| 2012 | $214K | $737K | $8.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $4.9M, expenses of $3.1M, and assets of $20.6M (revenue -26.8% year-over-year).
- 2023: Revenue of $6.7M, expenses of $910K, and assets of $20.9M (revenue +503.8% year-over-year).
- 2022: Revenue of $1.1M, expenses of $872K, and assets of $17.5M (revenue -70.0% year-over-year).
- 2021: Revenue of $3.7M, expenses of $1.0M, and assets of $17.3M (revenue +3.0% year-over-year).
- 2020: Revenue of $3.6M, expenses of $403K, and assets of $14.6M (revenue +721.4% year-over-year).
- 2019: Revenue of $439K, expenses of $1.0M, and assets of $12.5M (revenue -86.6% year-over-year).
- 2016: Revenue of $3.3M, expenses of $2.8M, and assets of $12.6M (revenue -14.7% year-over-year).
- 2015: Revenue of $3.8M, expenses of $2.5M, and assets of $11.6M (revenue +10.6% year-over-year).
- 2014: Revenue of $3.5M, expenses of $1.9M, and assets of $10.2M (revenue -68.8% year-over-year).
- 2013: Revenue of $11.1M, expenses of $1.1M, and assets of $10.6M (revenue +5070.8% year-over-year).
- 2012: Revenue of $214K, expenses of $737K, and assets of $8.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Otoole Family Foundation:
Data Sources and Methodology
This transparency report for Otoole 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.