The Oherron Family Foundation
The Oherron Family Foundation consistently spends more than its annual revenue, drawing down its substantial asset base.
EIN: 133244207 · Stamford, CT · Updated: 2026-03-28
Is The Oherron Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Oherron Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Oherron Family Foundation
The Oherron Family Foundation (EIN: 133244207) is a nonprofit organization based in Stamford, CT. The organization reported total revenue of $299K and total assets of $6.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Oherron Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Oherron Family Foundation is a small nonprofit that has been operating for 41 years, with 9 years of IRS 990 filings on record (2012–2023). 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 | $282K |
| Total Expenses | $600K |
| Surplus / Deficit | $-317,892 |
| Total Assets | $6.4M |
| Total Liabilities | $1 |
| Net Assets | $6.4M |
| Operating Margin | -112.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 127.3 months |
Financial Health Grade: B
In 2023, The Oherron Family Foundation reported a deficit of $318K with expenses exceeding revenue, holds 127.3 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 (2012–2023), The Oherron Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.2% | -1.6% | -5.8% |
| 2022 | +3.8% | +47.1% | +4.3% |
| 2021 | +0.2% | -37.4% | +7.2% |
| 2020 | +1.7% | +45.5% | -9.5% |
| 2019 | -17.7% | -2.6% | -6.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1985 |
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 The Oherron Family Foundation with a Mission Score of 75 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, The Oherron Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $318K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Oherron Family Foundation reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through other means not categorized as officer compensation, which is a positive for resource allocation.
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 The Oherron Family Foundation's IRS 990 filings:
- Consistent spending exceeding revenue, leading to asset depletion over time.
Strengths
The following positive indicators were identified for The Oherron Family Foundation:
- Zero officer compensation reported across all filings, indicating efficient use of funds.
- Consistent IRS 990-PF filing history, demonstrating transparency.
- Substantial asset base of over $6 million, providing a strong foundation for future grantmaking.
Frequently Asked Questions about The Oherron Family Foundation
Is The Oherron Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Oherron Family Foundation (EIN: 133244207) some concerns. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.
How does The Oherron Family Foundation spend its money?
The Oherron Family Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Oherron Family Foundation tax-deductible?
The Oherron Family Foundation is registered as a tax-exempt nonprofit (EIN: 133244207). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is The Oherron Family Foundation a good charity?
As a private foundation, its primary purpose is to distribute grants, not directly operate programs. Its consistent grantmaking, low administrative overhead, and lack of officer compensation suggest efficient use of its funds for its stated purpose.
Why does the foundation consistently spend more than it earns?
This is a common practice for private foundations, which often distribute a percentage of their asset base annually as grants, rather than relying solely on current year's revenue. This strategy allows them to fulfill their philanthropic mission by drawing down their endowment.
What is the trend in the foundation's assets?
The foundation's assets have generally decreased over the past decade, from a high of $7.31 million in 2014 to $6.36 million in 2023, reflecting its consistent spending exceeding revenue.
Filing History
IRS 990 filing history for The Oherron Family Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), The Oherron Family Foundation's revenue has declined by 49.7%, moving from $560K to $282K. Total assets increased by 3888.5% over the same period, from $159K to $6.4M. Total functional expenses rose by 20.3%, from $499K to $600K. In its most recent filing year (2023), The Oherron Family Foundation reported a deficit of $318K, with expenses exceeding revenue. The organization holds $1 in liabilities against $6.4M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $6.4M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $282K | $600K | $6.4M | $1 | — | — |
| 2022 | $260K | $610K | $6.7M | $1 | — | View 990 |
| 2021 | $251K | $414K | $6.5M | $1 | — | View 990 |
| 2020 | $250K | $662K | $6.0M | $0 | — | View 990 |
| 2019 | $246K | $455K | $6.7M | $0 | — | View 990 |
| 2015 | $299K | $467K | $7.1M | $0 | — | View 990 |
| 2014 | $7.5M | $430K | $7.3M | $0 | — | View 990 |
| 2013 | $576K | $444K | $291K | $0 | — | View 990 |
| 2012 | $560K | $499K | $159K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $282K, expenses of $600K, and assets of $6.4M (revenue +8.2% year-over-year).
- 2022: Revenue of $260K, expenses of $610K, and assets of $6.7M (revenue +3.8% year-over-year).
- 2021: Revenue of $251K, expenses of $414K, and assets of $6.5M (revenue +0.2% year-over-year).
- 2020: Revenue of $250K, expenses of $662K, and assets of $6.0M (revenue +1.7% year-over-year).
- 2019: Revenue of $246K, expenses of $455K, and assets of $6.7M (revenue -17.7% year-over-year).
- 2015: Revenue of $299K, expenses of $467K, and assets of $7.1M (revenue -96.0% year-over-year).
- 2014: Revenue of $7.5M, expenses of $430K, and assets of $7.3M (revenue +1194.9% year-over-year).
- 2013: Revenue of $576K, expenses of $444K, and assets of $291K (revenue +2.8% year-over-year).
- 2012: Revenue of $560K, expenses of $499K, and assets of $159K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Oherron Family Foundation:
Data Sources and Methodology
This transparency report for The Oherron Family 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.