Cherishability
Cherishability shows strong revenue growth and no executive compensation, improving financial health.
EIN: 141656846 · Portland, OR · NTEE: P82Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $675K |
| Total Expenses | $404K |
| Program Spending | 85% |
| Net Assets | $199K |
| Transparency Score | 90/100 |
Is Cherishability Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Cherishability directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Cherishability
Cherishability (EIN: 141656846) is a nonprofit organization based in Portland, OR, classified under NTEE code P82Z. The organization reported total revenue of $675K and total assets of $387K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Cherishability's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Cherishability is a small nonprofit that has been operating for 39 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 25.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $499K |
| Total Expenses | $404K |
| Surplus / Deficit | +$95K |
| Total Assets | $209K |
| Total Liabilities | $11K |
| Net Assets | $199K |
| Operating Margin | 19.0% |
| Debt-to-Asset Ratio | 5.0% |
| Months of Reserves | 6.2 months |
Financial Health Grade: A
In 2023, Cherishability reported a surplus of $95K with revenue exceeding expenses, holds 6.2 months of operating reserves (strong position), has a debt-to-asset ratio of 5.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Cherishability's revenue has grown at a compound annual growth rate (CAGR) of 25.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +75.2% | +25.0% | +46.1% |
| 2022 | -0.9% | +19.3% | -6.1% |
| 2021 | +5.5% | +47.6% | +13.3% |
| 2020 | +29.3% | -1.7% | +161.7% |
| 2019 | -9.5% | -20.6% | +41.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1987 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Cherishability with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Cherishability allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $95K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.0%.
Executive Compensation Analysis
Cherishability consistently reports 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly commendable for a nonprofit of its size.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Cherishability:
- Consistent 0% officer compensation, indicating high dedication to mission.
- Significant revenue growth, with latest revenue at $675,462.
- Positive financial surplus in the most recent filing (2023 revenue $498,540 vs. expenses $403,575).
- Long history of IRS 990 filings (13 filings), demonstrating transparency.
- Growing asset base, reaching $386,709.
Frequently Asked Questions about Cherishability
Is Cherishability a legitimate charity?
Based on AI analysis of IRS 990 filings, Cherishability (EIN: 141656846) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Cherishability spend its money?
Cherishability directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Cherishability tax-deductible?
Cherishability is registered as a tax-exempt nonprofit (EIN: 141656846). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Cherishability's spending goes to programs?
Cherishability directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Cherishability compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Cherishability is above average for NTEE category P82Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Cherishability located?
Cherishability is headquartered in Portland, Oregon and files with the IRS under EIN 141656846. It is classified under NTEE code P82Z.
How many years of IRS 990 filings does Cherishability have?
Cherishability has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $675K in total revenue.
Is Cherishability a good charity?
Based on the available data, Cherishability appears to be a good charity. It demonstrates strong financial growth, particularly in its latest reporting period with revenue of $675,462, and consistently reports 0% officer compensation, suggesting a high dedication of funds to its mission.
How has Cherishability's financial health changed over time?
Cherishability's financial health has significantly improved. While it experienced periods of expenses exceeding revenue in earlier years (e.g., 2022, 2017), its latest reported revenue of $675,462 and assets of $386,709 show substantial growth and a positive financial trajectory, with a healthy surplus in 2023 ($498,540 revenue vs. $403,575 expenses).
Does Cherishability pay its executives?
No, Cherishability consistently reports 0% officer compensation in all available IRS 990 filings, indicating that no funds are used for executive salaries.
Filing History
IRS 990 filing history for Cherishability showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Cherishability's revenue has grown by 1482.1%, moving from $32K to $499K. Total assets decreased by 59.7% over the same period, from $519K to $209K. Total functional expenses rose by 421.4%, from $77K to $404K. In its most recent filing year (2023), Cherishability reported a surplus of $95K, with revenue exceeding expenses. The organization holds $11K in liabilities against $209K in assets (debt-to-asset ratio: 5.0%), resulting in net assets of $199K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $499K | $404K | $209K | $11K | — | — |
| 2022 | $285K | $323K | $143K | $40K | — | View 990 |
| 2021 | $287K | $271K | $152K | $11K | — | View 990 |
| 2020 | $272K | $183K | $135K | $9K | — | View 990 |
| 2019 | $211K | $187K | $51K | $15K | — | View 990 |
| 2018 | $233K | $235K | $36K | $25K | — | View 990 |
| 2017 | $212K | $247K | $68K | $53K | — | View 990 |
| 2016 | $71K | $207K | $62K | $11K | — | View 990 |
| 2015 | $67K | $223K | $197K | $8K | — | View 990 |
| 2014 | $50K | $210K | $348K | $3K | — | View 990 |
| 2013 | $38K | $71K | $498K | $2K | — | View 990 |
| 2012 | $31K | $71K | $496K | $1K | — | View 990 |
| 2011 | $32K | $77K | $519K | $780 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $499K, expenses of $404K, and assets of $209K (revenue +75.2% year-over-year).
- 2022: Revenue of $285K, expenses of $323K, and assets of $143K (revenue -0.9% year-over-year).
- 2021: Revenue of $287K, expenses of $271K, and assets of $152K (revenue +5.5% year-over-year).
- 2020: Revenue of $272K, expenses of $183K, and assets of $135K (revenue +29.3% year-over-year).
- 2019: Revenue of $211K, expenses of $187K, and assets of $51K (revenue -9.5% year-over-year).
- 2018: Revenue of $233K, expenses of $235K, and assets of $36K (revenue +9.9% year-over-year).
- 2017: Revenue of $212K, expenses of $247K, and assets of $68K (revenue +197.2% year-over-year).
- 2016: Revenue of $71K, expenses of $207K, and assets of $62K (revenue +6.0% year-over-year).
- 2015: Revenue of $67K, expenses of $223K, and assets of $197K (revenue +34.1% year-over-year).
- 2014: Revenue of $50K, expenses of $210K, and assets of $348K (revenue +32.6% year-over-year).
- 2013: Revenue of $38K, expenses of $71K, and assets of $498K (revenue +22.0% year-over-year).
- 2012: Revenue of $31K, expenses of $71K, and assets of $496K (revenue -1.7% year-over-year).
- 2011: Revenue of $32K, expenses of $77K, and assets of $519K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Cherishability:
Data Sources and Methodology
This transparency report for Cherishability is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.