Outdoor Lab Foundation
Outdoor Lab Foundation maintains stable finances with no reported officer compensation.
EIN: 200293537 · Golden, CO · NTEE: B90 · Updated: 2026-03-28
Is Outdoor Lab Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Outdoor Lab Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Outdoor Lab Foundation
Outdoor Lab Foundation (EIN: 200293537) is a nonprofit organization based in Golden, CO, classified under NTEE code B90. The organization reported total revenue of $873K and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Outdoor Lab Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Outdoor Lab Foundation is a small nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 6.9%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $761K |
| Total Expenses | $797K |
| Surplus / Deficit | $-35,492 |
| Total Assets | $1.4M |
| Total Liabilities | $44K |
| Net Assets | $1.4M |
| Operating Margin | -4.7% |
| Debt-to-Asset Ratio | 3.2% |
| Months of Reserves | 21.0 months |
Financial Health Grade: B
In 2024, Outdoor Lab Foundation reported a deficit of $35K with expenses exceeding revenue, holds 21.0 months of operating reserves (strong position), has a debt-to-asset ratio of 3.2% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Outdoor Lab Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +0.9% | +8.6% | -8.4% |
| 2023 | +22.8% | -0.5% | +5.7% |
| 2022 | -34.4% | +39.0% | -8.7% |
| 2021 | +12.1% | -9.3% | +43.6% |
| 2020 | +6.1% | -32.5% | +32.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
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 Outdoor Lab Foundation with a Mission Score of 92 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: 85%
- fundraising: 5%
According to IRS 990 filings, Outdoor Lab Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $35K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.2%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly commendable and suggests a strong dedication to maximizing funds for program delivery relative to the organization's size and revenue.
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 Outdoor Lab Foundation's IRS 990 filings:
- Occasional periods where expenses exceed revenue, such as in 202406 and 202206, requiring careful monitoring of financial planning.
Strengths
The following positive indicators were identified for Outdoor Lab Foundation:
- Consistent 0% officer compensation, indicating high dedication to mission.
- Strong asset base relative to liabilities, demonstrating financial stability.
- Low liabilities across all reported periods, suggesting prudent financial management.
- Consistent revenue generation over a long period, showing sustained donor support.
Frequently Asked Questions about Outdoor Lab Foundation
Is Outdoor Lab Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Outdoor Lab Foundation (EIN: 200293537) some concerns. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
How does Outdoor Lab Foundation spend its money?
Outdoor Lab Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Outdoor Lab Foundation tax-deductible?
Outdoor Lab Foundation is registered as a tax-exempt nonprofit (EIN: 200293537). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Outdoor Lab Foundation a good charity?
Based on the available data, Outdoor Lab Foundation appears to be a good charity. They consistently report 0% officer compensation, maintain healthy asset levels relative to liabilities, and demonstrate a strong commitment to their mission through efficient spending.
How has the organization's revenue trended over the past few years?
The organization's revenue has fluctuated but remained relatively stable, ranging from $614,739 in 202206 to $936,754 in 202106, with the latest reported revenue at $761,245 for 202406.
What is the organization's financial stability?
The Outdoor Lab Foundation demonstrates strong financial stability, with assets consistently exceeding liabilities by a significant margin. For example, in 202406, assets were $1,397,461 against liabilities of $44,377.
Does the organization spend efficiently?
Yes, the organization appears to spend efficiently, particularly given the consistent reporting of 0% officer compensation, which means a greater proportion of funds can be directed towards programs and operational costs.
Filing History
IRS 990 filing history for Outdoor Lab Foundation showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Outdoor Lab Foundation's revenue has grown by 139.3%, moving from $318K to $761K. Total assets increased by 404.4% over the same period, from $277K to $1.4M. Total functional expenses rose by 1145.8%, from $64K to $797K. In its most recent filing year (2024), Outdoor Lab Foundation reported a deficit of $35K, with expenses exceeding revenue. The organization holds $44K in liabilities against $1.4M in assets (debt-to-asset ratio: 3.2%), resulting in net assets of $1.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $761K | $797K | $1.4M | $44K | — | View 990 |
| 2023 | $755K | $734K | $1.5M | $68K | — | View 990 |
| 2022 | $615K | $738K | $1.4M | $9K | — | View 990 |
| 2021 | $937K | $531K | $1.6M | $14K | — | View 990 |
| 2020 | $835K | $585K | $1.1M | $30K | — | — |
| 2019 | $788K | $867K | $830K | $9K | — | View 990 |
| 2018 | $977K | $1.1M | $905K | $4K | — | View 990 |
| 2017 | $972K | $879K | $1.0M | $3K | — | View 990 |
| 2016 | $803K | $716K | $935K | $0 | — | View 990 |
| 2015 | $983K | $641K | $850K | $2K | — | View 990 |
| 2014 | $656K | $470K | $503K | $2K | — | View 990 |
| 2013 | $545K | $482K | $315K | $0 | — | View 990 |
| 2012 | $400K | $436K | $253K | $0 | — | View 990 |
| 2011 | $318K | $64K | $277K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $761K, expenses of $797K, and assets of $1.4M (revenue +0.9% year-over-year).
- 2023: Revenue of $755K, expenses of $734K, and assets of $1.5M (revenue +22.8% year-over-year).
- 2022: Revenue of $615K, expenses of $738K, and assets of $1.4M (revenue -34.4% year-over-year).
- 2021: Revenue of $937K, expenses of $531K, and assets of $1.6M (revenue +12.1% year-over-year).
- 2020: Revenue of $835K, expenses of $585K, and assets of $1.1M (revenue +6.1% year-over-year).
- 2019: Revenue of $788K, expenses of $867K, and assets of $830K (revenue -19.4% year-over-year).
- 2018: Revenue of $977K, expenses of $1.1M, and assets of $905K (revenue +0.5% year-over-year).
- 2017: Revenue of $972K, expenses of $879K, and assets of $1.0M (revenue +21.1% year-over-year).
- 2016: Revenue of $803K, expenses of $716K, and assets of $935K (revenue -18.3% year-over-year).
- 2015: Revenue of $983K, expenses of $641K, and assets of $850K (revenue +49.9% year-over-year).
- 2014: Revenue of $656K, expenses of $470K, and assets of $503K (revenue +20.4% year-over-year).
- 2013: Revenue of $545K, expenses of $482K, and assets of $315K (revenue +36.1% year-over-year).
- 2012: Revenue of $400K, expenses of $436K, and assets of $253K (revenue +25.7% year-over-year).
- 2011: Revenue of $318K, expenses of $64K, and assets of $277K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Outdoor Lab Foundation:
Data Sources and Methodology
This transparency report for Outdoor Lab 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.