Otsego Community Foundation
EIN: 383216235 · Gaylord, MI · NTEE: T31
Is Otsego Community Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Otsego Community Foundation
Otsego Community Foundation (EIN: 383216235) is a nonprofit organization based in Gaylord, MI, classified under NTEE code T31. The organization reported total revenue of $5.5M and total assets of $11.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Otsego Community Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Otsego Community Foundation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Otsego Community Foundation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Otsego Community Foundation
Is Otsego Community Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Otsego Community Foundation (EIN: 383216235) insufficient data. 0 red flags identified, 0 strengths noted.
How does Otsego Community Foundation spend its money?
Detailed spending breakdown data is not yet available for Otsego Community Foundation. Check back for updated IRS 990 analysis.
Are donations to Otsego Community Foundation tax-deductible?
Otsego Community Foundation is registered as a tax-exempt nonprofit (EIN: 383216235). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Otsego Community Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Otsego Community Foundation's revenue has grown by 380.4%, moving from $526K to $2.5M. Total assets increased by 211.1% over the same period, from $3.4M to $10.5M. Total functional expenses rose by 1478.1%, from $135K to $2.1M. In its most recent filing year (2023), Otsego Community Foundation reported a surplus of $403K, with revenue exceeding expenses. The organization holds $1.4M in liabilities against $10.5M in assets (debt-to-asset ratio: 13.0%), resulting in net assets of $9.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.5M | $2.1M | $10.5M | $1.4M | — | View 990 |
| 2022 | $4.6M | $1.6M | $9.5M | $1.2M | — | View 990 |
| 2021 | $1.2M | $507K | $8.1M | $1.4M | — | View 990 |
| 2020 | $835K | $564K | $6.7M | $1.3M | — | — |
| 2019 | $932K | $382K | $5.7M | $1.1M | — | View 990 |
| 2018 | $1.3M | $779K | $4.4M | $835K | — | View 990 |
| 2017 | $629K | $295K | $4.7M | $1.0M | — | — |
| 2016 | $1.1M | $289K | $4.0M | $956K | — | View 990 |
| 2015 | $374K | $248K | $3.7M | $862K | — | View 990 |
| 2014 | $347K | $357K | $3.7M | $877K | — | View 990 |
| 2013 | $223K | $236K | $3.7M | $817K | — | View 990 |
| 2012 | $230K | $205K | $3.3M | $703K | — | View 990 |
| 2011 | $526K | $135K | $3.4M | $636K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.5M, expenses of $2.1M, and assets of $10.5M (revenue -45.6% year-over-year).
- 2022: Revenue of $4.6M, expenses of $1.6M, and assets of $9.5M (revenue +276.1% year-over-year).
- 2021: Revenue of $1.2M, expenses of $507K, and assets of $8.1M (revenue +47.9% year-over-year).
- 2020: Revenue of $835K, expenses of $564K, and assets of $6.7M (revenue -10.4% year-over-year).
- 2019: Revenue of $932K, expenses of $382K, and assets of $5.7M (revenue -27.9% year-over-year).
- 2018: Revenue of $1.3M, expenses of $779K, and assets of $4.4M (revenue +105.5% year-over-year).
- 2017: Revenue of $629K, expenses of $295K, and assets of $4.7M (revenue -45.1% year-over-year).
- 2016: Revenue of $1.1M, expenses of $289K, and assets of $4.0M (revenue +206.2% year-over-year).
- 2015: Revenue of $374K, expenses of $248K, and assets of $3.7M (revenue +7.8% year-over-year).
- 2014: Revenue of $347K, expenses of $357K, and assets of $3.7M (revenue +55.5% year-over-year).
- 2013: Revenue of $223K, expenses of $236K, and assets of $3.7M (revenue -2.9% year-over-year).
- 2012: Revenue of $230K, expenses of $205K, and assets of $3.3M (revenue -56.3% year-over-year).
- 2011: Revenue of $526K, expenses of $135K, and assets of $3.4M.
Data Sources and Methodology
This transparency report for Otsego Community 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.