Is Portland General Electric Company Veba For Health Reimbursement Arra Legit?

Quick charity verification for Portland General Electric Company Veba For Health Reimbursement Arra (EIN: 202009365)

Verdict: Portland General Electric Company Veba For Health Reimbursement Arra appears trustworthy

95/100Mission Score
$20.4MRevenue
$16.5MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

How Portland General Electric Company Veba For Health Reimbursement Arra allocates its funds across programs, administration, and fundraising.

100%
Program Spending
Healthy — majority goes to mission
0%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.

How to Interpret This Report

What Red Flags Mean

Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.

What Mission Score Measures

The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.

Using This Data for Donation Decisions

Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.

Frequently Asked Questions about Portland General Electric Company Veba For Health Reimbursement Arra

Is Portland General Electric Company Veba For Health Reimbursement Arra a legitimate charity?

Based on AI analysis of IRS 990 filings, Portland General Electric Company Veba For Health Reimbursement Arra (EIN: 202009365) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is Portland General Electric Company Veba For Health Reimbursement Arra a good charity to donate to?

Portland General Electric Company Veba For Health Reimbursement Arra has a Mission Score of 95/100. Revenue: $20.4M. Assets: $16.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Portland General Electric Company Veba For Health Reimbursement Arra?

The Employer Identification Number (EIN) for Portland General Electric Company Veba For Health Reimbursement Arra is 202009365. This is the unique tax ID assigned by the IRS.

What is a Mission Score?

The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.

How does Portland General Electric Company Veba For Health Reimbursement Arra spend its money?

Portland General Electric Company Veba For Health Reimbursement Arra allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Portland General Electric Company Veba For Health Reimbursement Arra's tax-exempt status?

You can verify Portland General Electric Company Veba For Health Reimbursement Arra's tax-exempt status using EIN 202009365 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.

AI Transparency Report

Portland General Electric Company Veba For Health Reimbursement Arra appears to be a financially stable organization, consistently maintaining positive net assets and demonstrating responsible financial management. Over the past decade, its assets have grown from $8,542,729 in 2014 to $13,875,059 in 2023, indicating a healthy accumulation of resources. The organization consistently reports zero liabilities, which is a strong indicator of financial health and low risk. Spending efficiency is high, as evidenced by the consistent reporting of 0% officer compensation across all available filings, suggesting that administrative costs related to executive salaries are non-existent or covered by other entities. The organization's expenses have generally remained well below its revenue, allowing for asset growth. For example, in 2023, revenue was $1,733,752 against expenses of $1,722,486, showing a tight but positive margin. Transparency is excellent, with 13 filings readily available, providing a comprehensive historical view of its financial operations. The consistent reporting of key financial metrics and the absence of officer compensation further enhance its transparency profile. Given its NTEE code Y43 (Voluntary Employees' Beneficiary Associations), its primary function is likely to manage health reimbursement arrangements, and the financial data supports a well-managed fund.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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