Quick charity verification for Portland Jazz Festival Incorporated (EIN: 200969679)
Verdict: Portland Jazz Festival Incorporated appears trustworthy
90/100Mission Score
$1.2MRevenue
$867KAssets
2Red Flags
5Strengths
Red Flags
Unusually high liabilities in 2023 compared to previous years, though still covered by assets.
Lack of reported officer compensation could indicate an unsustainable reliance on volunteer leadership or an alternative compensation structure not transparently disclosed.
Strengths
Consistent and strong revenue growth, from $487,522 in 2014 to $1,376,796 in 2023.
Significant growth in assets, reaching $1,167,598 in 2023, demonstrating financial stability.
Expenses consistently lower than revenue, indicating efficient financial management.
Zero reported officer compensation across all filings, suggesting a strong commitment to directing funds to programs.
Positive net assets and increasing financial reserves over time.
Spending Breakdown
How Portland Jazz Festival Incorporated allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Jazz Festival Incorporated
Is Portland Jazz Festival Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Portland Jazz Festival Incorporated (EIN: 200969679) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
Is Portland Jazz Festival Incorporated a good charity to donate to?
Portland Jazz Festival Incorporated has a Mission Score of 90/100. Revenue: $1.2M. Assets: $867K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Portland Jazz Festival Incorporated?
The Employer Identification Number (EIN) for Portland Jazz Festival Incorporated is 200969679. 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 Jazz Festival Incorporated spend its money?
Portland Jazz Festival Incorporated allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Portland Jazz Festival Incorporated's tax-exempt status?
You can verify Portland Jazz Festival Incorporated's tax-exempt status using EIN 200969679 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 Jazz Festival Incorporated demonstrates a generally healthy financial trajectory, with consistent revenue growth over the past several years, culminating in $1,376,796 in the 2023 fiscal period. The organization has also significantly increased its asset base, reaching $1,167,598 in 2023, indicating sound financial management and accumulation of resources. Their liabilities, while increasing in 2023 to $339,928, remain manageable relative to their assets.
Spending efficiency appears strong, with expenses consistently lower than revenue, allowing for asset growth. For instance, in 2023, expenses were $1,115,301 against $1,376,796 in revenue. The organization's commitment to its mission is further supported by the fact that no officer compensation has been reported across all available filings, suggesting resources are primarily directed towards programmatic activities rather than executive salaries. This lack of reported compensation also contributes positively to transparency, as it simplifies the analysis of how funds are allocated.
Overall, Portland Jazz Festival Incorporated exhibits good financial health, efficient spending practices, and a high degree of transparency regarding executive compensation. The consistent growth in both revenue and assets, coupled with a zero-officer compensation policy, paints a picture of a well-managed and mission-focused nonprofit.