The Otis Booth Foundation

Nonprofit profile at a glance

EIN
956140019
IRS 990-PF coverage
2013–2023
Forms available
Form 990-PF 2023, Form 990-T 2023
Location
Los Angeles, CA, USA
Rating
88
Verdict
STRONG
Rating confidence
Standard

Reported finances

Revenue
$14,087,925
Expenses
$18,850,082

Source: IRS Form 990-PF. Selected filing: tax year 2023. Amounts in USD.

Overview

Mission

The Otis Booth Foundation is a nonprofit. Location: Los Angeles, CA. EIN 956140019. Tax year 2023 Form 990-PF reports $14.1M revenue and $18.9M expenses.

What it reported funding in 2023

The foundation reported 140 grants totaling $14,380,700. The stated grant purposes included to support the outreach and assistance in the community., to support the rescue and assistance of the most in need dogs., and to support the care and well-being of neglected animals., plus 120 other reported purposes.

Operating model

Revenue model
Investment-supported. 66% of the foundation's positive operating resources came from recurring investment income.
Distribution model
Grant intermediary. The foundation distributed 99% of its reported charitable disbursements as grants.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

The verdict

STRONG - A large share of available resources goes to charitable grants and the filing identifies who received its grants. Assets provide a limited cushion relative to annual grants and the filing reports one or more activities that warrant closer review.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 91
  • Transparency: 100
  • Compliance: 90
  • Endowment Health: 23

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 70th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 91.2%; rating input score 91; 76th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: 15 of 19 controls in place; rating input score 79
    • Property sale or exchange with a disqualified person: Pass
    • Borrowing from or lending to a disqualified person: Fail
    • Goods, services, or facilities involving a disqualified person: Fail
    • Compensation paid to a disqualified person: Fail
    • Assets transferred to a disqualified person: Pass
    • Payment to a government official: Pass
    • Uncorrected prior self-dealing: Pass
    • Prior-year undistributed income: Pass
    • Excess business holdings: Fail
    • Investments that may jeopardize charitable purposes: Pass
    • Uncorrected prior-year jeopardizing investments: Pass
    • Attempt to influence legislation: Pass
    • Attempt to influence an election: Pass
    • Grants to individuals: Pass
    • Grants to organizations: Pass
    • Spending for a noncharitable purpose: Pass
    • Funds received for a personal-benefit contract: Pass
    • Premiums paid on a personal-benefit contract: Pass
    • Prohibited tax-shelter transaction: Pass
  • Filing consistency checks: 10; rating input score 100

Endowment Health

  • Endowment-health comparison: 13.46; rating input score 23; 23rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: At least 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 23th percentile for endowment coverage
  • Consistency: 10 of 10 current checks pass
  • Filing history: 8 filing years from 2013 to 2023
  • Contacts: How to reach this organization
  • Money network: 143 filed money-flow records
  • 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.

  • High — Endowment Health: Endowment-health comparison scored 23/100.
  • Review — Compliance: Part VII-B activity disclosures: 4 of 19 not reported.