Outreach Development Corporation
Outreach Development Corporation shows consistent growth and high spending efficiency with no reported officer compensation.
EIN: 112518262 · Richmond Hill, NY · NTEE: F22Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $32.0M |
| Total Expenses | $29.9M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $25 |
| Net Assets | $10.0M |
| Transparency Score | 85/100 |
Is Outreach Development Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Outreach Development Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Outreach Development Corporation
Outreach Development Corporation (EIN: 112518262) is a nonprofit organization based in Richmond Hill, NY, classified under NTEE code F22Z. The organization reported total revenue of $32.0M and total assets of $42.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Outreach Development Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Outreach Development Corporation is a large nonprofit that has been operating for 46 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $29.4M |
| Total Expenses | $29.9M |
| Surplus / Deficit | $-499,528 |
| Total Assets | $36.1M |
| Total Liabilities | $26.0M |
| Net Assets | $10.0M |
| Operating Margin | -1.7% |
| Debt-to-Asset Ratio | 72.2% |
| Months of Reserves | 14.5 months |
Financial Health Grade: C
In 2023, Outreach Development Corporation reported a deficit of $500K with expenses exceeding revenue, holds 14.5 months of operating reserves (strong position), has a debt-to-asset ratio of 72.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Outreach Development Corporation's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.4% | +19.6% | +5.6% |
| 2022 | -3.9% | +6.4% | +6.2% |
| 2021 | +9.2% | -3.5% | +5.8% |
| 2020 | -4.9% | +7.0% | +7.9% |
| 2019 | +16.5% | +7.1% | +4.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1980 |
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 Outreach Development Corporation 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: 85%
- fundraising: 5%
According to IRS 990 filings, Outreach Development Corporation 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $500K, with expenses exceeding revenue.
- Debt-to-asset ratio: 72.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 13 available filings, which is highly unusual for an organization with annual revenues exceeding $25 million. This suggests either a fully volunteer executive leadership or compensation structured in a manner not categorized as officer compensation on the 990, warranting further inquiry for complete transparency.
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 Outreach Development Corporation's IRS 990 filings:
- No reported officer compensation for an organization of this size, which is highly unusual and may obscure executive remuneration details.
Strengths
The following positive indicators were identified for Outreach Development Corporation:
- Consistent revenue and asset growth over a decade, indicating strong financial management and sustainability.
- High spending efficiency, with expenses closely matching revenue, suggesting funds are actively deployed for mission.
- Long history of consistent IRS 990 filings (13 filings), demonstrating commitment to regulatory compliance.
- Substantial asset base ($42.3 million) providing financial stability and capacity for mission delivery.
Frequently Asked Questions about Outreach Development Corporation
Is Outreach Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Outreach Development Corporation (EIN: 112518262) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Outreach Development Corporation spend its money?
Outreach Development Corporation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Outreach Development Corporation tax-deductible?
Outreach Development Corporation is registered as a tax-exempt nonprofit (EIN: 112518262). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Outreach Development Corporation CEO make?
Outreach Development Corporation's highest-compensated officer earns $25 annually. The organization reported $32.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Outreach Development Corporation's spending goes to programs?
Outreach Development Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Outreach Development Corporation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Outreach Development Corporation is above average for NTEE category F22Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Outreach Development Corporation located?
Outreach Development Corporation is headquartered in Richmond Hill, New York and files with the IRS under EIN 112518262. It is classified under NTEE code F22Z.
How many years of IRS 990 filings does Outreach Development Corporation have?
Outreach Development Corporation 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 $32.0M in total revenue.
Is Outreach Development Corporation a good charity?
Based on its consistent growth, substantial assets, and high spending efficiency (expenses closely matching revenue), Outreach Development Corporation appears to be a well-managed organization. The lack of reported officer compensation is a unique characteristic that could be viewed positively for resource allocation, but also warrants further investigation for full transparency.
How does Outreach Development Corporation manage its executive compensation?
Outreach Development Corporation consistently reports 0% officer compensation in its IRS 990 filings. This is an uncommon practice for an organization of its size and could indicate a volunteer-led executive team or that executive compensation is reported under other expense categories, which would require deeper analysis of their financial statements.
What is the trend in Outreach Development Corporation's financial health?
The organization demonstrates a strong upward trend in financial health, with revenue growing from $16.1 million in 2014 to $29.3 million in 2023, and assets increasing from $12.2 million to $36.0 million in the same period. This indicates sustained growth and capacity building.
Are there any concerns regarding the organization's liabilities?
Liabilities have steadily increased alongside assets, from $5.5 million in 2014 to $26.0 million in 2023. While increasing liabilities can be a sign of growth and investment, it's important to understand the nature of these liabilities (e.g., program-related debt, mortgages) to assess long-term financial stability.
Filing History
IRS 990 filing history for Outreach Development Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Outreach Development Corporation's revenue has grown by 103.1%, moving from $14.5M to $29.4M. Total assets increased by 189.4% over the same period, from $12.5M to $36.1M. Total functional expenses rose by 114.3%, from $14.0M to $29.9M. In its most recent filing year (2023), Outreach Development Corporation reported a deficit of $500K, with expenses exceeding revenue. The organization holds $26.0M in liabilities against $36.1M in assets (debt-to-asset ratio: 72.2%), resulting in net assets of $10.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $29.4M | $29.9M | $36.1M | $26.0M | — | View 990 |
| 2022 | $25.0M | $25.0M | $34.2M | $23.6M | — | View 990 |
| 2021 | $26.0M | $23.5M | $32.2M | $21.7M | — | View 990 |
| 2020 | $23.8M | $24.3M | $30.4M | $22.4M | — | View 990 |
| 2019 | $25.1M | $22.7M | $28.2M | $19.7M | — | View 990 |
| 2018 | $21.5M | $21.2M | $27.0M | $20.8M | — | View 990 |
| 2017 | $18.7M | $18.9M | $19.8M | $13.9M | — | View 990 |
| 2016 | $16.6M | $16.8M | $16.2M | $10.2M | — | View 990 |
| 2015 | $15.1M | $15.5M | $12.5M | $6.3M | — | View 990 |
| 2014 | $16.1M | $16.3M | $12.3M | $5.6M | — | View 990 |
| 2013 | $16.0M | $15.3M | $12.7M | $5.3M | — | View 990 |
| 2012 | $14.5M | $14.3M | $11.1M | $4.3M | — | View 990 |
| 2011 | $14.5M | $14.0M | $12.5M | $5.9M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $29.4M, expenses of $29.9M, and assets of $36.1M (revenue +17.4% year-over-year).
- 2022: Revenue of $25.0M, expenses of $25.0M, and assets of $34.2M (revenue -3.9% year-over-year).
- 2021: Revenue of $26.0M, expenses of $23.5M, and assets of $32.2M (revenue +9.2% year-over-year).
- 2020: Revenue of $23.8M, expenses of $24.3M, and assets of $30.4M (revenue -4.9% year-over-year).
- 2019: Revenue of $25.1M, expenses of $22.7M, and assets of $28.2M (revenue +16.5% year-over-year).
- 2018: Revenue of $21.5M, expenses of $21.2M, and assets of $27.0M (revenue +14.7% year-over-year).
- 2017: Revenue of $18.7M, expenses of $18.9M, and assets of $19.8M (revenue +12.7% year-over-year).
- 2016: Revenue of $16.6M, expenses of $16.8M, and assets of $16.2M (revenue +10.2% year-over-year).
- 2015: Revenue of $15.1M, expenses of $15.5M, and assets of $12.5M (revenue -6.4% year-over-year).
- 2014: Revenue of $16.1M, expenses of $16.3M, and assets of $12.3M (revenue +0.4% year-over-year).
- 2013: Revenue of $16.0M, expenses of $15.3M, and assets of $12.7M (revenue +10.9% year-over-year).
- 2012: Revenue of $14.5M, expenses of $14.3M, and assets of $11.1M (revenue +0.0% year-over-year).
- 2011: Revenue of $14.5M, expenses of $14.0M, and assets of $12.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Outreach Development Corporation:
Data Sources and Methodology
This transparency report for Outreach Development Corporation 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.