Overcoming Barriers Inc
Overcoming Barriers Inc. faces recent deficits with expenses exceeding revenue, despite zero officer compensation.
EIN: 10909327 · Wallingford, CT · NTEE: F30 · Updated: 2026-03-27
Is Overcoming Barriers Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Overcoming Barriers Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Overcoming Barriers Inc
Overcoming Barriers Inc (EIN: 10909327) is a nonprofit organization based in Wallingford, CT, classified under NTEE code F30. The organization reported total revenue of $50K and total assets of $75K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Overcoming Barriers Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Overcoming Barriers Inc is a micro nonprofit that has been operating for 14 years, with 13 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $81K |
| Total Expenses | $110K |
| Surplus / Deficit | $-29,366 |
| Total Assets | $87K |
| Net Assets | $87K |
| Operating Margin | -36.2% |
| Months of Reserves | 9.4 months |
Financial Health Grade: B
In 2023, Overcoming Barriers Inc reported a deficit of $29K with expenses exceeding revenue, holds 9.4 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2023), Overcoming Barriers Inc's revenue has declined at a compound annual growth rate (CAGR) of -2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.6% | -3.9% | -25.3% |
| 2022 | -4.2% | +27.9% | -11.6% |
| 2021 | +26.9% | -14.5% | +2.9% |
| 2020 | -67.3% | -49.9% | -9.1% |
| 2019 | +57.8% | +83.3% | +40.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2012 |
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 Overcoming Barriers Inc with a Mission Score of 70 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Overcoming Barriers Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $29K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is either unpaid or compensated through non-officer roles, which is commendable for an organization of its size with revenues fluctuating between $81,036 and $250,291.
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 Overcoming Barriers Inc's IRS 990 filings:
- Consistent operating deficits in recent years (2023, 2022, 2020) where expenses exceeded revenue.
- Significant decline in revenue from a peak of $250,291 in 2019 to $81,036 in 2023.
Strengths
The following positive indicators were identified for Overcoming Barriers Inc:
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
- Zero liabilities reported in most recent filings (2021-2023), demonstrating good debt management.
- Long history of IRS 990 filings (13 filings), indicating consistent regulatory compliance and transparency.
Frequently Asked Questions about Overcoming Barriers Inc
Is Overcoming Barriers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Overcoming Barriers Inc (EIN: 10909327) some concerns. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
How does Overcoming Barriers Inc spend its money?
Overcoming Barriers Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Overcoming Barriers Inc tax-deductible?
Overcoming Barriers Inc is registered as a tax-exempt nonprofit (EIN: 10909327). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Overcoming Barriers Inc. financially stable?
Overcoming Barriers Inc. has experienced recent financial instability, with expenses exceeding revenue in 2023 ($110,402 vs. $81,036), 2022 ($114,913 vs. $99,608), and 2020 ($105,105 vs. $81,944). While assets are present ($86,828 in 2023), this trend of operating at a deficit is a concern for long-term stability.
How has the organization's revenue trended?
The organization's revenue has shown a declining trend since its peak of $250,291 in 2019, falling to $81,036 in 2023. This represents a significant decrease in funding over the past few years.
What is the organization's approach to executive compensation?
Overcoming Barriers Inc. consistently reports 0% officer compensation in all available IRS 990 filings, suggesting a volunteer-led executive team or compensation structured outside of traditional officer roles.
Are there any significant liabilities?
No, the organization has reported $0 in liabilities for the periods 2023, 2022, 2021, 2019, 2018, 2017, 2016, and 2015, indicating a strong position regarding debt management.
Filing History
IRS 990 filing history for Overcoming Barriers Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2023), Overcoming Barriers Inc's revenue has declined by 26.4%, moving from $110K to $81K. Total assets increased by 56.9% over the same period, from $55K to $87K. Total functional expenses rose by 101.8%, from $55K to $110K. In its most recent filing year (2023), Overcoming Barriers Inc reported a deficit of $29K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $81K | $110K | $87K | $0 | — | View 990 |
| 2022 | $100K | $115K | $116K | $0 | — | View 990 |
| 2021 | $104K | $90K | $132K | $0 | — | View 990 |
| 2020 | $82K | $105K | $128K | $10K | — | — |
| 2019 | $250K | $210K | $141K | $0 | — | View 990 |
| 2018 | $159K | $114K | $100K | $112 | — | View 990 |
| 2017 | $115K | $91K | $56K | $0 | — | View 990 |
| 2016 | $185K | $184K | $31K | $0 | — | View 990 |
| 2015 | $165K | $164K | $30K | $0 | — | View 990 |
| 2014 | $154K | $148K | $29K | $5K | — | View 990 |
| 2013 | $159K | $157K | $23K | $5K | — | View 990 |
| 2012 | $54K | $94K | $15K | $0 | — | View 990 |
| 2012 | $110K | $55K | $55K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $81K, expenses of $110K, and assets of $87K (revenue -18.6% year-over-year).
- 2022: Revenue of $100K, expenses of $115K, and assets of $116K (revenue -4.2% year-over-year).
- 2021: Revenue of $104K, expenses of $90K, and assets of $132K (revenue +26.9% year-over-year).
- 2020: Revenue of $82K, expenses of $105K, and assets of $128K (revenue -67.3% year-over-year).
- 2019: Revenue of $250K, expenses of $210K, and assets of $141K (revenue +57.8% year-over-year).
- 2018: Revenue of $159K, expenses of $114K, and assets of $100K (revenue +37.5% year-over-year).
- 2017: Revenue of $115K, expenses of $91K, and assets of $56K (revenue -37.8% year-over-year).
- 2016: Revenue of $185K, expenses of $184K, and assets of $31K (revenue +12.6% year-over-year).
- 2015: Revenue of $165K, expenses of $164K, and assets of $30K (revenue +6.9% year-over-year).
- 2014: Revenue of $154K, expenses of $148K, and assets of $29K (revenue -3.2% year-over-year).
- 2013: Revenue of $159K, expenses of $157K, and assets of $23K (revenue +195.1% year-over-year).
- 2012: Revenue of $54K, expenses of $94K, and assets of $15K (revenue -51.0% year-over-year).
- 2012: Revenue of $110K, expenses of $55K, and assets of $55K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Overcoming Barriers Inc:
Data Sources and Methodology
This transparency report for Overcoming Barriers Inc 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.