Quick charity verification for Portland Provident Association (EIN: 16012457)
Verdict: Portland Provident Association appears trustworthy
75/100Mission Score
$734KRevenue
$2.2MAssets
2Red Flags
3Strengths
Red Flags
Consistent operational deficits (e.g., $46,431 revenue vs. $105,368 expenses in 2023)
Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Strengths
Zero officer compensation reported, indicating high efficiency in leadership costs
Substantial and growing asset base ($1,937,649 in 2023, up from $655,308 in 2011)
Very low liabilities ($1 in recent years)
Spending Breakdown
How Portland Provident Association allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
20%
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 Provident Association
Is Portland Provident Association a legitimate charity?
Based on AI analysis of IRS 990 filings, Portland Provident Association (EIN: 16012457) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Portland Provident Association a good charity to donate to?
Portland Provident Association has a Mission Score of 75/100. Revenue: $734K. Assets: $2.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Portland Provident Association?
The Employer Identification Number (EIN) for Portland Provident Association is 16012457. 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 Provident Association spend its money?
Portland Provident Association allocates 80% to programs, 20% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Portland Provident Association's tax-exempt status?
You can verify Portland Provident Association's tax-exempt status using EIN 16012457 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 Provident Association demonstrates a consistent financial pattern of operating at a deficit in recent years, with expenses exceeding revenue. For instance, in fiscal year 2023, revenue was $46,431 while expenses were $105,368, indicating a significant operational shortfall. This trend is also visible in 2022 ($68,691 revenue vs. $112,836 expenses) and 2021 ($71,616 revenue vs. $96,501 expenses). Despite these operational deficits, the organization maintains a healthy asset base, reported at $1,937,649 in 2023, which has generally grown over the past decade from $655,308 in 2011. The organization reports zero officer compensation across all available filings, which suggests a volunteer-led or very lean executive structure, contributing to lower administrative overhead.
While the organization's assets are substantial relative to its annual revenue and expenses, the consistent operational deficit raises questions about long-term sustainability if not supported by investment income or other non-operating revenue sources not detailed here. The lack of officer compensation is a positive indicator of efficiency and dedication to mission, as it means more funds are available for programs or other operational needs. However, without a breakdown of expenses into program, administrative, and fundraising categories, it's challenging to fully assess spending efficiency. The organization's transparency could be enhanced by providing more detailed expense allocations in its public filings.