Quick charity verification for Portland Olympic Club Incorporated (EIN: 10498100)
Verdict: Portland Olympic Club Incorporated appears trustworthy
90/100Mission Score
$210KRevenue
$230KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent financial surpluses, with 2023 revenue of $229,967 exceeding expenses of $178,632.
Zero reported liabilities across all 13 IRS 990 filings, indicating strong financial stability.
0% officer compensation reported, suggesting all funds are directed towards operations and mission.
Significant growth in assets from $43,465 in 2019 to $232,824 in 2023.
Robust filing history with 13 IRS 990 filings, demonstrating transparency.
Spending Breakdown
How Portland Olympic Club 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 Olympic Club Incorporated
Is Portland Olympic Club Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Portland Olympic Club Incorporated (EIN: 10498100) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Portland Olympic Club Incorporated a good charity to donate to?
Portland Olympic Club Incorporated has a Mission Score of 90/100. Revenue: $210K. Assets: $230K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Portland Olympic Club Incorporated?
The Employer Identification Number (EIN) for Portland Olympic Club Incorporated is 10498100. 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 Olympic Club Incorporated spend its money?
Portland Olympic Club Incorporated allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Portland Olympic Club Incorporated's tax-exempt status?
You can verify Portland Olympic Club Incorporated's tax-exempt status using EIN 10498100 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
The Portland Olympic Club Incorporated demonstrates consistent financial health with a positive trend in revenue and assets over the past several years. In the latest filing (202312), the organization reported revenue of $229,967 against expenses of $178,632, resulting in a surplus that contributes to its growing asset base of $232,824. This indicates effective financial management and an ability to operate within its means while building reserves. The organization's liabilities have consistently been reported as $0 across all available filings, which is a strong indicator of financial stability and a lack of debt burden.
Spending efficiency appears to be strong, particularly given the consistent surpluses. While a detailed breakdown of program, administrative, and fundraising expenses is not explicitly provided in the summary data, the overall financial picture suggests that the organization is managing its funds effectively to support its mission. The absence of officer compensation further enhances the perception of efficient resource allocation, as all funds appear to be directed towards operational costs and program delivery.
In terms of transparency, the organization has a robust filing history with 13 IRS 990 filings, indicating a commitment to public disclosure. The consistent reporting of $0 in liabilities and 0% officer compensation across all periods simplifies financial analysis and suggests a straightforward financial structure. This level of consistent reporting contributes positively to its transparency profile, allowing stakeholders to easily track its financial performance over time.