Otts King Family Foundation
EIN: 873899554 · Wilmington, DE · NTEE: T22
About Otts King Family Foundation
Otts King Family Foundation (EIN: 873899554) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22. The organization reported total revenue of $34K and total assets of $172K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Otts King Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Otts King Family 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 Otts King Family 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.
Filing History
IRS 990 filing history for Otts King Family Foundation showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Otts King Family Foundation's revenue has grown by 636.8%, moving from $7K to $51K. Total assets decreased by 4.4% over the same period, from $221K to $211K. Total functional expenses rose by 67.3%, from $36K to $61K. In its most recent filing year (2023), Otts King Family Foundation reported a deficit of $10K, with expenses exceeding revenue. The organization holds $1 in liabilities against $211K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $211K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $51K | $61K | $211K | $1 | — | — |
| 2022 | $7K | $36K | $221K | $1 | — | — |
Data Sources and Methodology
This transparency report for Otts King 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.