Thomas Mott Osborne Memorial Fund Inc
Thomas Mott Osborne Memorial Fund Inc. shows significant asset growth but inconsistent program spending relative to revenue.
EIN: 136168306 · Brooklyn, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $1.0M |
| Program Spending | 50% |
| CEO/Top Officer Pay | $44 |
| Net Assets | $16.0M |
| Transparency Score | 60/100 |
Is Thomas Mott Osborne Memorial Fund Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Thomas Mott Osborne Memorial Fund Inc directs 50% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Thomas Mott Osborne Memorial Fund Inc
Thomas Mott Osborne Memorial Fund Inc (EIN: 136168306) is a nonprofit organization based in Brooklyn, NY. The organization reported total revenue of $2.0M and total assets of $46.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Thomas Mott Osborne Memorial Fund Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Thomas Mott Osborne Memorial Fund Inc is a mid-size nonprofit that has been operating for 91 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 18.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.7M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$2.7M |
| Total Assets | $44.7M |
| Total Liabilities | $28.7M |
| Net Assets | $16.0M |
| Operating Margin | 72.7% |
| Debt-to-Asset Ratio | 64.2% |
| Months of Reserves | 530.9 months |
Financial Health Grade: A
In 2023, Thomas Mott Osborne Memorial Fund Inc reported a surplus of $2.7M with revenue exceeding expenses, holds 530.9 months of operating reserves (strong position), has a debt-to-asset ratio of 64.2% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Thomas Mott Osborne Memorial Fund Inc's revenue has grown at a compound annual growth rate (CAGR) of 18.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -6.8% | +318.7% | +26.1% |
| 2022 | +64.2% | +22746.5% | +38.6% |
| 2021 | +405.2% | -99.8% | +113.9% |
| 2020 | -51.4% | -1.2% | +3.7% |
| 2019 | +74.6% | +4.2% | -1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1290 |
| IRS Ruling Date | 1935 |
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 Thomas Mott Osborne Memorial Fund Inc with a Mission Score of 60 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: 40%
- programs: 50%
- fundraising: 10%
According to IRS 990 filings, Thomas Mott Osborne Memorial Fund Inc allocates its expenses as follows: admin: 40%, programs: 50%, fundraising: 10%. Approximately 50% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $2.7M, with revenue exceeding expenses.
- Debt-to-asset ratio: 64.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating either a fully volunteer-led executive team or that compensation is structured in a way not reported under officer compensation, which is highly unusual for an organization with assets exceeding $44 million.
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 Thomas Mott Osborne Memorial Fund Inc's IRS 990 filings:
- Highly inconsistent expense-to-revenue ratio, with extremely low expenses in some years (e.g., $1,055 in 2021 vs. $2.4M revenue).
- Significant and growing liabilities (e.g., $28,683,426 in 2023) without clear explanation in the provided data.
- 0% officer compensation for an organization with substantial assets, which is unusual and warrants further inquiry into leadership structure and compensation practices.
- Large fluctuations in annual revenue, indicating potential instability in funding sources or reliance on non-recurring income.
Strengths
The following positive indicators were identified for Thomas Mott Osborne Memorial Fund Inc:
- Strong and consistent growth in assets, reaching $44,651,420 in 2023.
- Consistent reporting of 0% officer compensation, indicating potential for low administrative overhead related to executive pay.
- Long filing history (13 filings), suggesting established operations and compliance with IRS reporting requirements.
Frequently Asked Questions about Thomas Mott Osborne Memorial Fund Inc
Is Thomas Mott Osborne Memorial Fund Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Thomas Mott Osborne Memorial Fund Inc (EIN: 136168306) some concerns. Mission Score: 60/100. 4 red flags identified, 3 strengths noted.
How does Thomas Mott Osborne Memorial Fund Inc spend its money?
Thomas Mott Osborne Memorial Fund Inc directs 50% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Thomas Mott Osborne Memorial Fund Inc tax-deductible?
Thomas Mott Osborne Memorial Fund Inc is registered as a tax-exempt nonprofit (EIN: 136168306). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Thomas Mott Osborne Memorial Fund Inc CEO make?
Thomas Mott Osborne Memorial Fund Inc's highest-compensated officer earns $44 annually. The organization reported $2.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Thomas Mott Osborne Memorial Fund Inc's spending goes to programs?
Thomas Mott Osborne Memorial Fund Inc directs 50% to programs, 10% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
Where is Thomas Mott Osborne Memorial Fund Inc located?
Thomas Mott Osborne Memorial Fund Inc is headquartered in Brooklyn, New York and files with the IRS under EIN 136168306.
How many years of IRS 990 filings does Thomas Mott Osborne Memorial Fund Inc have?
Thomas Mott Osborne Memorial Fund Inc 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 $2.0M in total revenue.
Is Thomas Mott Osborne Memorial Fund Inc. a good charity?
While the organization has substantial assets and reports no officer compensation, its highly variable and sometimes extremely low expense figures relative to revenue (e.g., $1,055 in expenses against $2.4M revenue in 2021) raise questions about its consistent programmatic impact and spending efficiency. A 'good' charity typically demonstrates consistent and significant program spending.
Why are the expenses so low in certain years, like 2021?
In 2021, the organization reported only $1,055 in expenses against $2,414,812 in revenue. This extremely low expense figure suggests minimal operational activity or a significant portion of its revenue being held for future use or investment, rather than being spent on programs or operations in that specific year.
What is the nature of the organization's significant liabilities?
The organization reported liabilities of $28,683,426 in 2023. Understanding the nature of these liabilities (e.g., program-related investments, debt, or other obligations) is crucial for a complete financial assessment, as they represent a substantial portion of its assets.
How does the organization achieve its mission with 0% officer compensation?
The consistent reporting of 0% officer compensation suggests that the organization's leadership may be entirely volunteer-based. While commendable for minimizing overhead, for an organization managing over $44 million in assets, it's unusual and could imply reliance on external management or a unique operational structure.
What are the primary sources of the organization's revenue fluctuations?
Revenue has varied dramatically, from $478,016 in 2020 to $6,624,978 in 2015. This volatility could be due to reliance on large, infrequent donations, significant investment gains/losses, or a combination of factors that make its funding stream less predictable.
Filing History
IRS 990 filing history for Thomas Mott Osborne Memorial Fund Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Thomas Mott Osborne Memorial Fund Inc's revenue has grown by 662.3%, moving from $485K to $3.7M. Total assets increased by 882.6% over the same period, from $4.5M to $44.7M. Total functional expenses rose by 106.1%, from $490K to $1.0M. In its most recent filing year (2023), Thomas Mott Osborne Memorial Fund Inc reported a surplus of $2.7M, with revenue exceeding expenses. The organization holds $28.7M in liabilities against $44.7M in assets (debt-to-asset ratio: 64.2%), resulting in net assets of $16.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.7M | $1.0M | $44.7M | $28.7M | — | — |
| 2022 | $4.0M | $241K | $35.4M | $22.2M | — | View 990 |
| 2021 | $2.4M | $1K | $25.6M | $16.0M | — | View 990 |
| 2020 | $478K | $575K | $11.9M | $4.8M | — | — |
| 2019 | $983K | $582K | $11.5M | $4.3M | — | View 990 |
| 2018 | $563K | $559K | $11.7M | $4.8M | — | View 990 |
| 2017 | $2.0M | $1.2M | $11.9M | $5.1M | — | View 990 |
| 2016 | $986K | $1.0M | $10.7M | $4.7M | — | View 990 |
| 2015 | $6.6M | $961K | $10.5M | $4.5M | — | View 990 |
| 2014 | $575K | $1.0M | $4.6M | $4.3M | — | View 990 |
| 2013 | $519K | $525K | $4.7M | $3.9M | — | View 990 |
| 2012 | $574K | $531K | $4.6M | $3.8M | — | View 990 |
| 2011 | $485K | $490K | $4.5M | $3.8M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.7M, expenses of $1.0M, and assets of $44.7M (revenue -6.8% year-over-year).
- 2022: Revenue of $4.0M, expenses of $241K, and assets of $35.4M (revenue +64.2% year-over-year).
- 2021: Revenue of $2.4M, expenses of $1K, and assets of $25.6M (revenue +405.2% year-over-year).
- 2020: Revenue of $478K, expenses of $575K, and assets of $11.9M (revenue -51.4% year-over-year).
- 2019: Revenue of $983K, expenses of $582K, and assets of $11.5M (revenue +74.6% year-over-year).
- 2018: Revenue of $563K, expenses of $559K, and assets of $11.7M (revenue -72.0% year-over-year).
- 2017: Revenue of $2.0M, expenses of $1.2M, and assets of $11.9M (revenue +103.5% year-over-year).
- 2016: Revenue of $986K, expenses of $1.0M, and assets of $10.7M (revenue -85.1% year-over-year).
- 2015: Revenue of $6.6M, expenses of $961K, and assets of $10.5M (revenue +1051.5% year-over-year).
- 2014: Revenue of $575K, expenses of $1.0M, and assets of $4.6M (revenue +10.9% year-over-year).
- 2013: Revenue of $519K, expenses of $525K, and assets of $4.7M (revenue -9.6% year-over-year).
- 2012: Revenue of $574K, expenses of $531K, and assets of $4.6M (revenue +18.3% year-over-year).
- 2011: Revenue of $485K, expenses of $490K, and assets of $4.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Thomas Mott Osborne Memorial Fund Inc:
Data Sources and Methodology
This transparency report for Thomas Mott Osborne Memorial Fund 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.