Mike Altschuler Foundation - Opportunities For Hope
Nonprofit profile at a glance
- EIN
- 273055875
- IRS 990-EZ coverage
- 2013–2013
- Forms available
- Form 990 2012, Form 990-EZ 2013
- Location
- Boulder, CO, USA
- Phone
- 3035177900
- Rating
- 91
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Centers to Support the Independence of Specific Populations
Reported finances
- Revenue
- $127,089
- Expenses
- $90,013
- Assets
- $81,432
Source: IRS Form 990-EZ. Selected filing: tax year 2013. Amounts in USD.
Leadership & pay
2 people listed
Executive titles in this filing
- Elmer Altschuler (President)
People named in this filing
- Elmer Altschuler (President)
- Marjorie Hargrave (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2013. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Mike Altschuler Foundation - Opportunities For Hope was formed in memory of Mike Altschuler. This charitable foundation was formed in 2010 to help young people ages 12-26 and their families struggle with substance abuse. Effective recovery is extremely difficult and expensive. We endeavor to provide hope through the following opportunities: 1) provide a resource center that consolidates information, experience and expertise in effectively addressing mood disorders and substance abuse as it relates to chemical imbalances and genetic factors 2) provide assistance in treatment funding for youth and families struggling with the cost of effective solutions 3) provide research funding for chemical imbalance and genetic solutions.
What it reported doing in 2013
Other Program Service accomplishments & professional fees including website development. The website is a major tool in providing guidance and information for families dealing with substance abuse and related issues.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filed totals do not add up and revenue has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 100
- Transparency & Controls: 91
- Sustainability: 67
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
Transparency & Controls
- Consistency checks: 88.9%; rating input score 89; 1st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 29.2%; rating input score 88; 88th percentile among comparable filings
- Total-asset coverage ratio: 0.9; rating input score 60; 60th percentile among comparable filings
- Liabilities to assets ratio: Limited
- Officer compensation ratio: 0%; rating input score 67; 67th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -19.5% per year; rating input score 0; 5th percentile among comparable filings
- Asset growth: 58.9% per year; rating input score 100; 93rd percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments · $134K in reported program spending
- Leadership: top reported pay $0 · 2 people listed
- Consistency: 6 of 7 current checks pass · 1 finding to review
- Schedules: 4 filed schedules
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- Related organizations: 8 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Transparency & Controls: Part III program expenses within total did not reconcile in the filed values.
- High — Growth: Revenue growth scored 0/100.