Tioga Opportunities Inc
Tioga Opportunities Inc. consistently operates near break-even with stable assets and no reported officer compensation.
EIN: 160907793 · Owego, NY · NTEE: L81Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.6M |
| Total Expenses | $6.5M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $6M |
| Net Assets | $2.7M |
| Transparency Score | 75/100 |
Is Tioga Opportunities Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tioga Opportunities Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tioga Opportunities Inc
Tioga Opportunities Inc (EIN: 160907793) is a nonprofit organization based in Owego, NY, classified under NTEE code L81Z. The organization reported total revenue of $6.6M and total assets of $6.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tioga Opportunities Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Tioga Opportunities Inc is a mid-size 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 -3.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $6.4M |
| Total Expenses | $6.5M |
| Surplus / Deficit | $-86,791 |
| Total Assets | $6.1M |
| Total Liabilities | $3.4M |
| Net Assets | $2.7M |
| Operating Margin | -1.4% |
| Debt-to-Asset Ratio | 55.4% |
| Months of Reserves | 11.4 months |
Financial Health Grade: C
In 2023, Tioga Opportunities Inc reported a deficit of $87K with expenses exceeding revenue, holds 11.4 months of operating reserves (strong position), has a debt-to-asset ratio of 55.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Tioga Opportunities Inc's revenue has declined at a compound annual growth rate (CAGR) of -3.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +10.0% | +7.0% | -4.7% |
| 2022 | +2.6% | +14.6% | -2.7% |
| 2021 | +11.1% | -2.5% | +8.7% |
| 2020 | -8.5% | -6.7% | +2.1% |
| 2019 | -3.4% | +5.4% | -4.0% |
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 Tioga Opportunities Inc 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: 85%
- fundraising: 5%
According to IRS 990 filings, Tioga Opportunities Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $87K, with expenses exceeding revenue.
- Debt-to-asset ratio: 55.4%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size ($6M+ revenue) and suggests either a fully volunteer executive leadership or that compensation is reported under different categories within the full 990 form.
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 Tioga Opportunities Inc's IRS 990 filings:
- Consistent high liabilities relative to assets (e.g., 55% in 2023)
- Expenses frequently exceed revenue, indicating reliance on reserves or prior period surpluses (e.g., 2023 expenses $6,456,916 vs. revenue $6,370,125)
- Unusually low or zero reported officer compensation for an organization of this size, potentially obscuring actual executive pay.
Strengths
The following positive indicators were identified for Tioga Opportunities Inc:
- Stable revenue and asset base over a decade, indicating organizational resilience.
- Consistent operation near break-even, suggesting efficient use of funds for current operations.
- No reported officer compensation, which could indicate a strong commitment to directing funds to mission or volunteer leadership.
Frequently Asked Questions about Tioga Opportunities Inc
Is Tioga Opportunities Inc a legitimate charity?
Tioga Opportunities Inc (EIN: 160907793) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $6.6M. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Tioga Opportunities Inc spend its money?
Tioga Opportunities Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Tioga Opportunities Inc tax-deductible?
Tioga Opportunities Inc is registered as a tax-exempt nonprofit (EIN: 160907793). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Tioga Opportunities Inc CEO make?
Tioga Opportunities Inc's highest-compensated officer earns $6M annually. The organization reported $6.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Tioga Opportunities Inc's spending goes to programs?
Tioga Opportunities Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Tioga Opportunities Inc compare to similar nonprofits?
With a transparency score of 75/100 (Good), Tioga Opportunities Inc is above average for NTEE category L81Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Tioga Opportunities Inc located?
Tioga Opportunities Inc is headquartered in Owego, New York and files with the IRS under EIN 160907793. It is classified under NTEE code L81Z.
How many years of IRS 990 filings does Tioga Opportunities Inc have?
Tioga Opportunities 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 $6.6M in total revenue.
How does Tioga Opportunities Inc. manage its consistent liabilities, which often exceed 50% of its assets?
The consistent high ratio of liabilities to assets (e.g., $3,402,296 liabilities vs. $6,138,643 assets in 2023) suggests a significant portion of assets may be offset by debt or restricted funds. A deeper look into the balance sheet details in the full 990 would clarify the nature of these liabilities.
What is the actual executive compensation structure, given the 0% reported officer compensation?
The repeated reporting of 0% officer compensation is atypical for an organization of this scale. It's crucial to review the full IRS Form 990, Part VII, Section A, to understand if compensation is paid to key employees or highest compensated employees, even if not categorized as 'officer compensation' in the summary data.
What are the specific program areas that Tioga Opportunities Inc. focuses on, given its NTEE code L81Z (Community Development, Nec)?
While the NTEE code L81Z indicates 'Community Development, Not Elsewhere Classified,' the specific programs would need to be detailed in the organization's mission statement and program service accomplishments section of the full 990 to understand their impact.
Filing History
IRS 990 filing history for Tioga Opportunities Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tioga Opportunities Inc's revenue has declined by 34.2%, moving from $9.7M to $6.4M. Total assets decreased by 3.9% over the same period, from $6.4M to $6.1M. Total functional expenses fell by 33%, from $9.6M to $6.5M. In its most recent filing year (2023), Tioga Opportunities Inc reported a deficit of $87K, with expenses exceeding revenue. The organization holds $3.4M in liabilities against $6.1M in assets (debt-to-asset ratio: 55.4%), resulting in net assets of $2.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $6.4M | $6.5M | $6.1M | $3.4M | — | — |
| 2022 | $5.8M | $6.0M | $6.4M | $3.6M | — | — |
| 2021 | $5.6M | $5.3M | $6.6M | $3.6M | — | View 990 |
| 2020 | $5.1M | $5.4M | $6.1M | $3.4M | — | — |
| 2019 | $5.6M | $5.8M | $6.0M | $3.0M | — | View 990 |
| 2018 | $5.7M | $5.5M | $6.2M | $3.0M | — | View 990 |
| 2017 | $5.3M | $5.1M | $5.8M | $2.9M | — | — |
| 2016 | $6.0M | $5.8M | $5.7M | $3.0M | — | View 990 |
| 2015 | $6.2M | $6.2M | $5.6M | $3.0M | — | View 990 |
| 2014 | $7.0M | $7.1M | $5.6M | $3.1M | — | View 990 |
| 2013 | $8.0M | $7.9M | $6.0M | $3.4M | — | View 990 |
| 2012 | $9.4M | $9.5M | $6.4M | $3.8M | — | View 990 |
| 2011 | $9.7M | $9.6M | $6.4M | $3.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $6.4M, expenses of $6.5M, and assets of $6.1M (revenue +10.0% year-over-year).
- 2022: Revenue of $5.8M, expenses of $6.0M, and assets of $6.4M (revenue +2.6% year-over-year).
- 2021: Revenue of $5.6M, expenses of $5.3M, and assets of $6.6M (revenue +11.1% year-over-year).
- 2020: Revenue of $5.1M, expenses of $5.4M, and assets of $6.1M (revenue -8.5% year-over-year).
- 2019: Revenue of $5.6M, expenses of $5.8M, and assets of $6.0M (revenue -3.4% year-over-year).
- 2018: Revenue of $5.7M, expenses of $5.5M, and assets of $6.2M (revenue +8.5% year-over-year).
- 2017: Revenue of $5.3M, expenses of $5.1M, and assets of $5.8M (revenue -11.2% year-over-year).
- 2016: Revenue of $6.0M, expenses of $5.8M, and assets of $5.7M (revenue -3.6% year-over-year).
- 2015: Revenue of $6.2M, expenses of $6.2M, and assets of $5.6M (revenue -11.6% year-over-year).
- 2014: Revenue of $7.0M, expenses of $7.1M, and assets of $5.6M (revenue -12.1% year-over-year).
- 2013: Revenue of $8.0M, expenses of $7.9M, and assets of $6.0M (revenue -15.0% year-over-year).
- 2012: Revenue of $9.4M, expenses of $9.5M, and assets of $6.4M (revenue -3.0% year-over-year).
- 2011: Revenue of $9.7M, expenses of $9.6M, and assets of $6.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Tioga Opportunities Inc:
Data Sources and Methodology
This transparency report for Tioga Opportunities 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.