Curry Stone Foundation
Curry Stone Foundation faces declining assets and consistent operating deficits.
EIN: 208002857 · Portland, OR · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $398K |
| Total Expenses | $472K |
| Program Spending | 85% |
| Net Assets | $5K |
| Transparency Score | 65/100 |
Is Curry Stone Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Curry Stone Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Curry Stone Foundation
Curry Stone Foundation (EIN: 208002857) is a nonprofit organization based in Portland, OR, classified under NTEE code T20. The organization reported total revenue of $398K and total assets of $5K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Curry Stone Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Curry Stone Foundation is a small nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 21.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $460K |
| Total Expenses | $472K |
| Surplus / Deficit | $-11,519 |
| Total Assets | $5K |
| Total Liabilities | $1 |
| Net Assets | $5K |
| Operating Margin | -2.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 0.1 months |
Financial Health Grade: C
In 2023, Curry Stone Foundation reported a deficit of $12K with expenses exceeding revenue, holds 0.1 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Curry Stone Foundation's revenue has grown at a compound annual growth rate (CAGR) of 21.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | -2.7% | -71.4% |
| 2022 | +130.0% | +118.1% | -57.4% |
| 2021 | -32.2% | -14.6% | -35.1% |
| 2020 | -27.2% | -40.5% | +129.7% |
| 2019 | -72.7% | -40.7% | -96.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Curry Stone Foundation with a Mission Score of 65 out of 100 (Good). 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, Curry Stone Foundation 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 deficit of $12K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officer salaries are paid, which is a positive sign for resource allocation directly to the mission.
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.
Red Flags
The following concerns were identified during AI analysis of Curry Stone Foundation's IRS 990 filings:
- Significant and consistent decline in total assets from $1,781,076 in 2011 to $5,010 in 2023.
- Expenses frequently exceeding revenue in recent years (e.g., 2023, 2022, 2021, 2019), indicating operating deficits.
- Current assets of $5,010 are very low relative to annual expenses (e.g., $471,548 in 2023), suggesting limited financial reserves.
Strengths
The following positive indicators were identified for Curry Stone Foundation:
- Zero officer compensation reported across all filings, indicating efficient use of funds for mission-related activities.
- Consistently low liabilities (often $1), demonstrating strong debt management.
- Historical periods of substantial revenue (e.g., $1,480,862 in 2015), suggesting past capacity for significant fundraising or grants.
Frequently Asked Questions about Curry Stone Foundation
Is Curry Stone Foundation a legitimate charity?
Curry Stone Foundation (EIN: 208002857) is a registered tax-exempt nonprofit based in Oregon. Our AI analysis gives it a Mission Score of 65/100. It has 10 years of IRS 990 filings on record. Total revenue: $398K. 3 red flags identified. 3 strengths noted. Financial health grade: C.
How does Curry Stone Foundation spend its money?
Curry Stone Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Curry Stone Foundation tax-deductible?
Curry Stone Foundation is registered as a tax-exempt nonprofit (EIN: 208002857). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Curry Stone Foundation's spending goes to programs?
Curry Stone Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Curry Stone Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Curry Stone Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Curry Stone Foundation located?
Curry Stone Foundation is headquartered in Portland, Oregon and files with the IRS under EIN 208002857. It is classified under NTEE code T20.
How many years of IRS 990 filings does Curry Stone Foundation have?
Curry Stone Foundation has 10 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 $398K in total revenue.
Is Curry Stone Foundation financially sustainable?
The foundation's financial sustainability is questionable given the consistent decline in assets from $1,781,076 in 2011 to $5,010 in 2023, and recurring instances where expenses exceed revenue, such as in 2023 ($471,548 expenses vs. $460,029 revenue).
How has the foundation's asset base changed over time?
The foundation's assets have significantly decreased from a peak of $1,781,076 in 2011 to just $5,010 in 2023, representing a substantial decline over the decade.
Does the foundation pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation, indicating that no salaries are paid to its officers.
What is the trend in the foundation's revenue and expenses?
In recent years, the foundation has frequently experienced expenses exceeding revenue (e.g., 2023, 2022, 2021, 2019), contributing to the depletion of its asset base. Revenue has also fluctuated significantly over the years.
What are the implications of the foundation's liabilities?
The foundation consistently reports very low liabilities (often $1), which is a positive indicator of financial management and minimal debt burden, despite the overall asset decline.
Filing History
IRS 990 filing history for Curry Stone Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Curry Stone Foundation's revenue has grown by 966.5%, moving from $43K to $460K. Total assets decreased by 99.7% over the same period, from $1.8M to $5K. Total functional expenses fell by 30.7%, from $680K to $472K. In its most recent filing year (2023), Curry Stone Foundation reported a deficit of $12K, with expenses exceeding revenue. The organization holds $1 in liabilities against $5K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $460K | $472K | $5K | $1 | — | — |
| 2022 | $460K | $485K | $18K | $1 | — | View 990 |
| 2021 | $200K | $222K | $41K | $1 | — | View 990 |
| 2020 | $295K | $260K | $63K | $1 | — | — |
| 2019 | $405K | $438K | $28K | $1 | — | View 990 |
| 2015 | $1.5M | $738K | $741K | $1 | — | View 990 |
| 2014 | $156K | $417K | $14K | $20K | — | View 990 |
| 2013 | $33K | $798K | $250K | $1 | — | View 990 |
| 2012 | $21K | $815K | $1.0M | $23K | — | View 990 |
| 2011 | $43K | $680K | $1.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $460K, expenses of $472K, and assets of $5K (revenue +0.0% year-over-year).
- 2022: Revenue of $460K, expenses of $485K, and assets of $18K (revenue +130.0% year-over-year).
- 2021: Revenue of $200K, expenses of $222K, and assets of $41K (revenue -32.2% year-over-year).
- 2020: Revenue of $295K, expenses of $260K, and assets of $63K (revenue -27.2% year-over-year).
- 2019: Revenue of $405K, expenses of $438K, and assets of $28K (revenue -72.7% year-over-year).
- 2015: Revenue of $1.5M, expenses of $738K, and assets of $741K (revenue +846.3% year-over-year).
- 2014: Revenue of $156K, expenses of $417K, and assets of $14K (revenue +378.9% year-over-year).
- 2013: Revenue of $33K, expenses of $798K, and assets of $250K (revenue +58.6% year-over-year).
- 2012: Revenue of $21K, expenses of $815K, and assets of $1.0M (revenue -52.2% year-over-year).
- 2011: Revenue of $43K, expenses of $680K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Curry Stone Foundation:
Data Sources and Methodology
This transparency report for Curry Stone Foundation 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.