Ozanam Place Inc
Ozanam Place Inc. consistently operates at a deficit, with liabilities exceeding assets in recent years.
EIN: 20507147 · Concord, NH · NTEE: L41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $116K |
| Total Expenses | $174K |
| Program Spending | 70% |
| CEO/Top Officer Pay | $100,000. |
| Net Assets | $-206,257 |
| Transparency Score | 65/100 |
Is Ozanam Place Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ozanam Place Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Ozanam Place Inc
Ozanam Place Inc (EIN: 20507147) is a nonprofit organization based in Concord, NH, classified under NTEE code L41. The organization reported total revenue of $116K and total assets of $918K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ozanam Place Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ozanam Place Inc is a small nonprofit that has been operating for 27 years, with 11 years of IRS 990 filings on record (2010–2020). Revenue has grown at a compound annual rate of -3.6%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $116K |
| Total Expenses | $174K |
| Surplus / Deficit | $-57,748 |
| Total Assets | $918K |
| Total Liabilities | $1.1M |
| Net Assets | $-206,257 |
| Operating Margin | -49.8% |
| Debt-to-Asset Ratio | 122.5% |
| Months of Reserves | 63.4 months |
Financial Health Grade: C
In 2020, Ozanam Place Inc reported a deficit of $58K with expenses exceeding revenue, holds 63.4 months of operating reserves (strong position), has a debt-to-asset ratio of 122.5% (high leverage).
Financial Trends
Over 11 years of filings (2010–2020), Ozanam Place Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +0.6% | +4.6% | -6.5% |
| 2019 | -13.5% | -10.8% | -6.6% |
| 2018 | -4.2% | +42.7% | -6.9% |
| 2017 | +25.5% | +5.1% | -0.9% |
| 2016 | +48.2% | +10.4% | -1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1999 |
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 Ozanam Place Inc with a Mission Score of 65 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Ozanam Place Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $58K, with expenses exceeding revenue.
- Debt-to-asset ratio: 122.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly commendable for an organization of its size with annual revenues around $100,000.
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 Ozanam Place Inc's IRS 990 filings:
- Consistent operating deficits (e.g., $173,639 expenses vs. $115,891 revenue in 2020).
- Liabilities consistently exceed assets (e.g., $1,123,841 liabilities vs. $917,584 assets in 2020).
- Declining asset base over the past several years (from $1,215,549 in 2014 to $917,584 in 2020).
Strengths
The following positive indicators were identified for Ozanam Place Inc:
- 0% officer compensation reported across all filings, indicating strong commitment to mission over executive pay.
- Long filing history (11 filings) suggests consistent operation and compliance with IRS reporting requirements.
Frequently Asked Questions about Ozanam Place Inc
Is Ozanam Place Inc a legitimate charity?
Ozanam Place Inc (EIN: 20507147) is a registered tax-exempt nonprofit based in New Hampshire. Our AI analysis gives it a Mission Score of 65/100. It has 11 years of IRS 990 filings on record. Total revenue: $116K. 3 red flags identified. 2 strengths noted. Financial health grade: C.
How does Ozanam Place Inc spend its money?
Ozanam Place Inc directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to Ozanam Place Inc tax-deductible?
Ozanam Place Inc is registered as a tax-exempt nonprofit (EIN: 20507147). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ozanam Place Inc CEO make?
Ozanam Place Inc's highest-compensated officer earns $100,000. annually. The organization reported $116K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Ozanam Place Inc's spending goes to programs?
Ozanam Place Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Ozanam Place Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Ozanam Place Inc is above average for NTEE category L41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ozanam Place Inc located?
Ozanam Place Inc is headquartered in Concord, New Hampshire and files with the IRS under EIN 20507147. It is classified under NTEE code L41.
How many years of IRS 990 filings does Ozanam Place Inc have?
Ozanam Place Inc has 11 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 $116K in total revenue.
Is Ozanam Place Inc. financially sustainable given its consistent operating deficits?
The organization has consistently spent more than it earned in most years, leading to a decline in assets and a persistent state where liabilities exceed assets. This trend raises concerns about long-term financial sustainability without significant changes to revenue generation or expense management.
What is the nature of the significant liabilities reported by Ozanam Place Inc.?
The filings show liabilities consistently over $1 million in recent years, often exceeding total assets. Understanding the composition of these liabilities (e.g., mortgages, program-related debt, operational debt) is crucial for a complete financial picture.
How does Ozanam Place Inc. cover its operating deficits?
With expenses frequently higher than revenue, the organization must be drawing down reserves or incurring debt to cover the difference. Further investigation into their funding sources and how deficits are managed is necessary.
Filing History
IRS 990 filing history for Ozanam Place Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2010–2020), Ozanam Place Inc's revenue has declined by 30.4%, moving from $167K to $116K. Total assets increased by 7.9% over the same period, from $850K to $918K. Total functional expenses rose by 2%, from $170K to $174K. In its most recent filing year (2020), Ozanam Place Inc reported a deficit of $58K, with expenses exceeding revenue. The organization holds $1.1M in liabilities against $918K in assets (debt-to-asset ratio: 122.5%), resulting in net assets of $-206,257.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $116K | $174K | $918K | $1.1M | — | View 990 |
| 2019 | $115K | $166K | $982K | $1.1M | — | View 990 |
| 2018 | $133K | $186K | $1.1M | $1.1M | — | View 990 |
| 2017 | $139K | $130K | $1.1M | $1.2M | — | — |
| 2016 | $111K | $124K | $1.1M | $1.2M | — | View 990 |
| 2015 | $75K | $112K | $1.2M | $1.2M | — | View 990 |
| 2014 | $92K | $150K | $1.2M | $1.2M | — | View 990 |
| 2013 | $122K | $158K | $729K | $700K | — | View 990 |
| 2012 | $135K | $169K | $747K | $683K | — | View 990 |
| 2011 | $128K | $171K | $789K | $690K | — | View 990 |
| 2010 | $167K | $170K | $850K | $269K | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $116K, expenses of $174K, and assets of $918K (revenue +0.6% year-over-year).
- 2019: Revenue of $115K, expenses of $166K, and assets of $982K (revenue -13.5% year-over-year).
- 2018: Revenue of $133K, expenses of $186K, and assets of $1.1M (revenue -4.2% year-over-year).
- 2017: Revenue of $139K, expenses of $130K, and assets of $1.1M (revenue +25.5% year-over-year).
- 2016: Revenue of $111K, expenses of $124K, and assets of $1.1M (revenue +48.2% year-over-year).
- 2015: Revenue of $75K, expenses of $112K, and assets of $1.2M (revenue -18.3% year-over-year).
- 2014: Revenue of $92K, expenses of $150K, and assets of $1.2M (revenue -24.6% year-over-year).
- 2013: Revenue of $122K, expenses of $158K, and assets of $729K (revenue -10.2% year-over-year).
- 2012: Revenue of $135K, expenses of $169K, and assets of $747K (revenue +5.5% year-over-year).
- 2011: Revenue of $128K, expenses of $171K, and assets of $789K (revenue -23.0% year-over-year).
- 2010: Revenue of $167K, expenses of $170K, and assets of $850K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ozanam Place Inc:
Data Sources and Methodology
This transparency report for Ozanam Place 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.