Quick charity verification for Portland Velo Club (EIN: 10489156)
Verdict: Portland Velo Club appears trustworthy
90/100Mission Score
$25KRevenue
$69KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
No reported liabilities across all 13 filings, indicating excellent financial health.
0% officer compensation, suggesting high operational efficiency and volunteer leadership.
Consistent asset growth, from $18,928 in 2016 to $61,400 in 2023, demonstrating financial stability.
Positive net income in recent years (e.g., $347 in 2023 and $8,629 in 2022), showing sustainable operations.
Consistent IRS 990 filing history (13 filings), indicating strong transparency.
Spending Breakdown
How Portland Velo Club allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Velo Club
Is Portland Velo Club a legitimate charity?
Based on AI analysis of IRS 990 filings, Portland Velo Club (EIN: 10489156) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Portland Velo Club a good charity to donate to?
Portland Velo Club has a Mission Score of 90/100. Revenue: $25K. Assets: $69K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Portland Velo Club?
The Employer Identification Number (EIN) for Portland Velo Club is 10489156. 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 Velo Club spend its money?
Portland Velo Club allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Portland Velo Club's tax-exempt status?
You can verify Portland Velo Club's tax-exempt status using EIN 10489156 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 Velo Club demonstrates consistent financial health with a positive net income in recent years, such as 2023 where revenue of $20,497 exceeded expenses of $20,150. The organization maintains a strong asset base relative to its revenue, with $69,203 in assets and no reported liabilities across all available filings, indicating sound financial management and stability. Their spending efficiency appears high, as evidenced by the absence of officer compensation and a focus on program-related activities, though specific program spending percentages are not detailed in the provided data. The consistent filing of IRS Form 990s over 13 periods reflects a commitment to transparency.
The club's revenue has fluctuated over the years, with a peak of $45,286 in 2017 and a low of $1,175 in 2016, but has shown a generally upward trend in recent periods, reaching $20,497 in 2023. The lack of liabilities is a significant positive indicator of financial prudence. While the exact breakdown of program, administrative, and fundraising expenses is not provided, the absence of officer compensation suggests that a substantial portion of funds is likely directed towards the club's mission. The organization's consistent growth in assets, from $18,928 in 2016 to $61,400 in 2023, further underscores its financial stability and capacity to sustain its operations.