College Of Philomath Community Corporation

College Of Philomath Community Corporation maintains stable, modest revenue with no executive compensation and decreasing liabilities.

EIN: 200745324 · Philomath, OR · NTEE: A80 · Updated: 2026-03-28

$32KRevenue

$251KAssets

85/100Mission Score (Excellent)

A80

About College Of Philomath Community Corporation

College Of Philomath Community Corporation (EIN: 200745324) is a nonprofit organization based in Philomath, OR, classified under NTEE code A80. The organization reported total revenue of $32K and total assets of $251K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of College Of Philomath Community Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The College Of Philomath Community Corporation demonstrates consistent, albeit modest, financial activity over its last three reported periods. Revenue has remained stable, hovering around $30,000-$33,000 annually, with the latest reported revenue at $30,820. Expenses have fluctuated, from a low of $20,056 in 2023 to a high of $29,643 in 2020. The organization consistently reports 0% officer compensation, which is a positive indicator for donor confidence and suggests resources are not being diverted to high executive salaries. While the organization's assets have seen a slight decline from $280,350 in 2017 to $254,511 in 2023, its liabilities have also significantly decreased from $126,610 to $51,219 over the same period, indicating improved financial stability and reduced debt burden. The NTEE code A80 suggests a focus on education, which aligns with its name. The consistent filing of IRS 990 forms demonstrates a commitment to transparency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates College Of Philomath Community Corporation with a Mission Score of 85 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, College Of Philomath Community Corporation 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.

Executive Compensation Analysis

Executive compensation is reported at 0% across all three filings, indicating that no officers or key employees are receiving salaries from the organization, which is highly favorable for a nonprofit of this 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 College Of Philomath Community Corporation:

0% Officer Compensation: No executive salaries reported, maximizing funds for mission.
Decreasing Liabilities: Liabilities reduced from $126,610 to $51,219 over six years, indicating improved financial stability.
Consistent IRS 990 Filings: Demonstrates commitment to transparency and compliance.
Stable Revenue: Consistent revenue stream around $30,000-$33,000, indicating predictable funding.
Positive Net Assets: Assets consistently exceed liabilities, showing a healthy financial position.

Frequently Asked Questions about College Of Philomath Community Corporation

Is College Of Philomath Community Corporation a good charity?

Based on the available data, the College Of Philomath Community Corporation appears to be a well-managed small charity. It consistently reports 0% officer compensation, maintains stable revenue, and has significantly reduced its liabilities, all positive indicators.

How has the organization's financial health changed over time?

The organization's financial health has improved in terms of debt management, with liabilities decreasing from $126,610 in 2017 to $51,219 in 2023. While assets have slightly declined, the reduction in debt is a strong positive sign.

What is the trend in the organization's revenue and expenses?

Revenue has been stable, ranging from $30,820 to $33,454 across the three periods. Expenses have fluctuated but remained below revenue, indicating the organization is generally operating within its means.

Filing History

IRS 990 filing history for College Of Philomath Community Corporation showing financial trends over 3 years of public records:

Over 3 years of IRS 990 filings (2017–2023), College Of Philomath Community Corporation's revenue has declined by 7.9%, moving from $33K to $31K. Total assets decreased by 9.2% over the same period, from $280K to $255K. Total functional expenses fell by 1.9%, from $20K to $20K. In its most recent filing year (2023), College Of Philomath Community Corporation reported a surplus of $11K, with revenue exceeding expenses. The organization holds $51K in liabilities against $255K in assets (debt-to-asset ratio: 20.1%), resulting in net assets of $203K.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$31K	$20K	$255K	$51K	—	View 990
2020	$32K	$30K	$268K	$92K	—	—
2017	$33K	$20K	$280K	$127K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $31K, expenses of $20K, and assets of $255K (revenue -4.7% year-over-year).
2020: Revenue of $32K, expenses of $30K, and assets of $268K (revenue -3.4% year-over-year).
2017: Revenue of $33K, expenses of $20K, and assets of $280K.

Data Sources and Methodology

This transparency report for College Of Philomath Community Corporation 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.