The Opportunity Alliance
The Opportunity Alliance shows significant growth in revenue and assets, with consistent positive net assets and no reported officer compensation in available filings.
EIN: 10274725 · S Portland, ME · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $36.6M |
| Total Expenses | $57.1M |
| Program Spending | 80% |
| CEO/Top Officer Pay | $50 |
| Net Assets | $10.9M |
| Transparency Score | 75/100 |
Is The Opportunity Alliance Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Opportunity Alliance directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Opportunity Alliance
The Opportunity Alliance (EIN: 10274725) is a nonprofit organization based in S Portland, ME, classified under NTEE code P20. The organization reported total revenue of $36.6M and total assets of $23.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Opportunity Alliance's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Opportunity Alliance is a large nonprofit that has been operating for 61 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $57.6M |
| Total Expenses | $57.1M |
| Surplus / Deficit | +$503K |
| Total Assets | $25.6M |
| Total Liabilities | $14.7M |
| Net Assets | $10.9M |
| Operating Margin | 0.9% |
| Debt-to-Asset Ratio | 57.5% |
| Months of Reserves | 5.4 months |
Financial Health Grade: A
In 2023, The Opportunity Alliance reported a surplus of $503K with revenue exceeding expenses, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 57.5% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Opportunity Alliance's revenue has grown at a compound annual growth rate (CAGR) of 10.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.1% | -32.9% | -1.8% |
| 2022 | +72.5% | +91.0% | +12.1% |
| 2021 | +48.0% | +36.7% | +25.1% |
| 2020 | +12.7% | +12.6% | +44.8% |
| 2019 | +6.0% | +4.3% | -6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1965 |
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 Opportunity Alliance 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, The Opportunity Alliance 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 surplus of $503K, with revenue exceeding expenses.
- Debt-to-asset ratio: 57.5%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available IRS 990 filings is highly unusual for an organization with annual revenues exceeding $50 million, suggesting that executive compensation may be reported in a different section of the 990 or is genuinely not paid to officers, which warrants further scrutiny.
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 Opportunity Alliance's IRS 990 filings:
- Unexplained 0% officer compensation across all filings, which is highly unusual for an organization of this size and could indicate a lack of transparency in executive pay reporting.
- Significant year-over-year revenue fluctuations (e.g., $84.7M in 2022 to $57.5M in 2023) without clear explanation in the provided summary, which could indicate reliance on volatile funding sources.
Strengths
The following positive indicators were identified for The Opportunity Alliance:
- Consistent positive net assets, indicating financial stability (e.g., $10,884,915 in 2023).
- Significant growth in assets and revenue over the past decade, demonstrating organizational expansion and capacity.
- Expenses generally align closely with revenue, suggesting efficient utilization of funds for operations.
Frequently Asked Questions about The Opportunity Alliance
Is The Opportunity Alliance a legitimate charity?
Based on AI analysis of IRS 990 filings, The Opportunity Alliance (EIN: 10274725) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does The Opportunity Alliance spend its money?
The Opportunity Alliance directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Opportunity Alliance tax-deductible?
The Opportunity Alliance is registered as a tax-exempt nonprofit (EIN: 10274725). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Opportunity Alliance CEO make?
The Opportunity Alliance's highest-compensated officer earns $50 annually. The organization reported $36.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Opportunity Alliance's spending goes to programs?
The Opportunity Alliance directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Opportunity Alliance compare to similar nonprofits?
With a transparency score of 75/100 (Good), The Opportunity Alliance is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Opportunity Alliance located?
The Opportunity Alliance is headquartered in S Portland, Maine and files with the IRS under EIN 10274725. It is classified under NTEE code P20.
How many years of IRS 990 filings does The Opportunity Alliance have?
The Opportunity Alliance 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 $36.6M in total revenue.
Is The Opportunity Alliance a good charity?
Based on the available data, The Opportunity Alliance appears to be a financially stable organization with consistent positive net assets and significant growth. However, a full assessment of 'goodness' would require a detailed breakdown of program spending versus administrative and fundraising costs, which is not provided in this summary, and clarification on executive compensation reporting.
Why is officer compensation consistently reported as 0%?
The consistent reporting of 0% officer compensation is atypical for an organization of this scale. It could mean that compensation for key executives is reported in a different section of the IRS 990 (e.g., Schedule J), or that the organization genuinely does not compensate its officers, which would be highly unusual and merits further investigation into their compensation practices.
What caused the significant revenue fluctuation between 2022 and 2023?
The revenue decreased from $84,718,963 in 2022 to $57,557,910 in 2023, a substantial drop. This could be due to the conclusion of large grants, changes in government funding, or shifts in program scope. Further details from the full 990 filing would be needed to understand the specific reasons for this fluctuation.
Filing History
IRS 990 filing history for The Opportunity Alliance showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Opportunity Alliance's revenue has grown by 226.5%, moving from $17.6M to $57.6M. Total assets increased by 341.2% over the same period, from $5.8M to $25.6M. Total functional expenses rose by 226.6%, from $17.5M to $57.1M. In its most recent filing year (2023), The Opportunity Alliance reported a surplus of $503K, with revenue exceeding expenses. The organization holds $14.7M in liabilities against $25.6M in assets (debt-to-asset ratio: 57.5%), resulting in net assets of $10.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $57.6M | $57.1M | $25.6M | $14.7M | — | — |
| 2022 | $84.7M | $85.0M | $26.1M | $16.1M | — | View 990 |
| 2021 | $49.1M | $44.5M | $23.2M | $12.3M | — | View 990 |
| 2020 | $33.2M | $32.5M | $18.6M | $12.6M | — | View 990 |
| 2019 | $29.4M | $28.9M | $12.8M | $7.5M | — | View 990 |
| 2018 | $27.7M | $27.7M | $13.7M | $9.0M | — | View 990 |
| 2017 | $26.3M | $26.8M | $13.0M | $8.5M | — | View 990 |
| 2016 | $27.4M | $27.5M | $14.2M | $9.3M | — | View 990 |
| 2015 | $27.5M | $27.0M | $17.0M | $12.0M | — | View 990 |
| 2014 | $27.9M | $27.6M | $17.4M | $12.9M | — | View 990 |
| 2013 | $17.5M | $17.6M | $19.4M | $15.2M | — | View 990 |
| 2012 | $16.3M | $15.7M | $6.0M | $3.9M | — | View 990 |
| 2011 | $17.6M | $17.5M | $5.8M | $4.3M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $57.6M, expenses of $57.1M, and assets of $25.6M (revenue -32.1% year-over-year).
- 2022: Revenue of $84.7M, expenses of $85.0M, and assets of $26.1M (revenue +72.5% year-over-year).
- 2021: Revenue of $49.1M, expenses of $44.5M, and assets of $23.2M (revenue +48.0% year-over-year).
- 2020: Revenue of $33.2M, expenses of $32.5M, and assets of $18.6M (revenue +12.7% year-over-year).
- 2019: Revenue of $29.4M, expenses of $28.9M, and assets of $12.8M (revenue +6.0% year-over-year).
- 2018: Revenue of $27.7M, expenses of $27.7M, and assets of $13.7M (revenue +5.5% year-over-year).
- 2017: Revenue of $26.3M, expenses of $26.8M, and assets of $13.0M (revenue -4.0% year-over-year).
- 2016: Revenue of $27.4M, expenses of $27.5M, and assets of $14.2M (revenue -0.5% year-over-year).
- 2015: Revenue of $27.5M, expenses of $27.0M, and assets of $17.0M (revenue -1.3% year-over-year).
- 2014: Revenue of $27.9M, expenses of $27.6M, and assets of $17.4M (revenue +59.6% year-over-year).
- 2013: Revenue of $17.5M, expenses of $17.6M, and assets of $19.4M (revenue +7.5% year-over-year).
- 2012: Revenue of $16.3M, expenses of $15.7M, and assets of $6.0M (revenue -7.7% year-over-year).
- 2011: Revenue of $17.6M, expenses of $17.5M, and assets of $5.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Opportunity Alliance:
Data Sources and Methodology
This transparency report for The Opportunity Alliance 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.