Overlook Estate Foundation Inc
Overlook Estate Foundation Inc. faces consistent operating deficits and declining assets.
EIN: 161526226 · Waverly, PA · NTEE: T99Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $923K |
| Total Expenses | $338K |
| Program Spending | 70% |
| Net Assets | $982K |
| Transparency Score | 55/100 |
Is Overlook Estate Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Overlook Estate Foundation Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Overlook Estate Foundation Inc
Overlook Estate Foundation Inc (EIN: 161526226) is a nonprofit organization based in Waverly, PA, classified under NTEE code T99Z. The organization reported total revenue of $923K and total assets of $836K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Overlook Estate Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Overlook Estate Foundation Inc is a small nonprofit that has been operating for 28 years, with 9 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 10.0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $199K |
| Total Expenses | $338K |
| Surplus / Deficit | $-139,421 |
| Total Assets | $982K |
| Total Liabilities | $1 |
| Net Assets | $982K |
| Operating Margin | -70.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 34.8 months |
Financial Health Grade: B
In 2022, Overlook Estate Foundation Inc reported a deficit of $139K with expenses exceeding revenue, holds 34.8 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2022), Overlook Estate Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +7.9% | +51.0% | -22.0% |
| 2021 | +91.1% | -10.2% | -6.2% |
| 2020 | -42.1% | -4.6% | -10.5% |
| 2019 | -39.5% | +52.3% | -7.4% |
| 2015 | +129.6% | +75.9% | +6.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1998 |
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 Overlook Estate Foundation Inc with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Overlook Estate Foundation Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $139K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% in all available filings, indicating that no officers or key employees received compensation, which is a positive sign for minimizing overhead in this area.
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 Overlook Estate Foundation Inc's IRS 990 filings:
- Consistent operating deficits (e.g., 2022: $198,672 revenue vs. $338,093 expenses)
- Significant decline in total assets over time (from $1.6M in 2015 to $0.98M in 2022)
- NTEE code T99Z ('All Other') lacks specificity regarding mission focus.
Strengths
The following positive indicators were identified for Overlook Estate Foundation Inc:
- No officer compensation reported across all filings, indicating efficient executive spending.
- Long filing history (9 filings) suggests consistent compliance with IRS reporting requirements.
Frequently Asked Questions about Overlook Estate Foundation Inc
Is Overlook Estate Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Overlook Estate Foundation Inc (EIN: 161526226) some concerns. Mission Score: 55/100. 3 red flags identified, 2 strengths noted.
How does Overlook Estate Foundation Inc spend its money?
Overlook Estate Foundation Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Overlook Estate Foundation Inc tax-deductible?
Overlook Estate Foundation Inc is registered as a tax-exempt nonprofit (EIN: 161526226). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Overlook Estate Foundation Inc's spending goes to programs?
Overlook Estate Foundation Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Overlook Estate Foundation Inc compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Overlook Estate Foundation Inc is near average for NTEE category T99Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Overlook Estate Foundation Inc located?
Overlook Estate Foundation Inc is headquartered in Waverly, Pennsylvania and files with the IRS under EIN 161526226. It is classified under NTEE code T99Z.
How many years of IRS 990 filings does Overlook Estate Foundation Inc have?
Overlook Estate Foundation Inc has 9 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 $923K in total revenue.
What is the primary cause of the consistent operating deficits?
The provided data shows expenses consistently exceeding revenue, for example, $338,093 in expenses vs. $198,672 in revenue in 2022. Further detailed financial statements would be needed to identify specific expense categories driving these deficits.
How does the organization plan to address the decline in assets?
Assets have decreased from $1,619,194 in 2015 to $981,703 in 2022. This trend, coupled with operating deficits, suggests a need for a strategic plan to either increase revenue or reduce expenses to stabilize and rebuild assets.
What are the specific program activities funded by the organization?
The NTEE code T99Z is a general 'All Other' category, and the provided financial data does not detail specific program expenditures. Understanding the nature and impact of their programs would provide better insight into their mission effectiveness.
Filing History
IRS 990 filing history for Overlook Estate Foundation Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2022), Overlook Estate Foundation Inc's revenue has grown by 184.4%, moving from $70K to $199K. Total assets decreased by 30.6% over the same period, from $1.4M to $982K. Total functional expenses rose by 194.1%, from $115K to $338K. In its most recent filing year (2022), Overlook Estate Foundation Inc reported a deficit of $139K, with expenses exceeding revenue. The organization holds $1 in liabilities against $982K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $982K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $199K | $338K | $982K | $1 | — | View 990 |
| 2021 | $184K | $224K | $1.3M | $1 | — | View 990 |
| 2020 | $96K | $249K | $1.3M | $1 | — | View 990 |
| 2019 | $166K | $261K | $1.5M | $1 | — | View 990 |
| 2015 | $275K | $172K | $1.6M | $1 | — | View 990 |
| 2014 | $120K | $98K | $1.5M | $1 | — | View 990 |
| 2013 | $159K | $102K | $1.5M | $7K | — | View 990 |
| 2012 | $134K | $114K | $1.4M | $0 | — | View 990 |
| 2011 | $70K | $115K | $1.4M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $199K, expenses of $338K, and assets of $982K (revenue +7.9% year-over-year).
- 2021: Revenue of $184K, expenses of $224K, and assets of $1.3M (revenue +91.1% year-over-year).
- 2020: Revenue of $96K, expenses of $249K, and assets of $1.3M (revenue -42.1% year-over-year).
- 2019: Revenue of $166K, expenses of $261K, and assets of $1.5M (revenue -39.5% year-over-year).
- 2015: Revenue of $275K, expenses of $172K, and assets of $1.6M (revenue +129.6% year-over-year).
- 2014: Revenue of $120K, expenses of $98K, and assets of $1.5M (revenue -24.6% year-over-year).
- 2013: Revenue of $159K, expenses of $102K, and assets of $1.5M (revenue +18.5% year-over-year).
- 2012: Revenue of $134K, expenses of $114K, and assets of $1.4M (revenue +92.0% year-over-year).
- 2011: Revenue of $70K, expenses of $115K, and assets of $1.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Overlook Estate Foundation Inc:
Data Sources and Methodology
This transparency report for Overlook Estate Foundation 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.