Eclipseorg Foundation Inc
Eclipseorg Foundation Inc faces significant financial challenges with declining revenue and persistent liabilities exceeding assets.
EIN: 200838203 · Portland, OR · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $550K |
| Total Expenses | $902K |
| Program Spending | 75% |
| Net Assets | $-571,059 |
| Transparency Score | 45/100 |
Is Eclipseorg Foundation Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eclipseorg Foundation Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Eclipseorg Foundation Inc
Eclipseorg Foundation Inc (EIN: 200838203) is a nonprofit organization based in Portland, OR. The organization reported total revenue of $550K and total assets of $392K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eclipseorg Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eclipseorg Foundation Inc is a small nonprofit that has been operating for 20 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -13.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $829K |
| Total Expenses | $902K |
| Surplus / Deficit | $-73,218 |
| Total Assets | $525K |
| Total Liabilities | $1.1M |
| Net Assets | $-571,059 |
| Operating Margin | -8.8% |
| Debt-to-Asset Ratio | 208.8% |
| Months of Reserves | 7.0 months |
Financial Health Grade: C
In 2023, Eclipseorg Foundation Inc reported a deficit of $73K with expenses exceeding revenue, holds 7.0 months of operating reserves (strong position), has a debt-to-asset ratio of 208.8% (high leverage).
Financial Trends
Over 12 years of filings (2012–2023), Eclipseorg Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -13.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -38.7% | -13.0% | -0.3% |
| 2022 | -69.8% | -78.4% | +1.6% |
| 2021 | -29.4% | -23.4% | -74.0% |
| 2020 | +25.8% | +12.3% | +8.8% |
| 2019 | -0.7% | +2.0% | -0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Eclipseorg Foundation Inc with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Eclipseorg Foundation Inc allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 $73K, with expenses exceeding revenue.
- Debt-to-asset ratio: 208.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is a strong positive for minimizing overhead related to leadership salaries.
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 Eclipseorg Foundation Inc's IRS 990 filings:
- Significant and consistent decline in revenue and assets over recent years (e.g., revenue from $6.3M in 2020 to $0.8M in 2023).
- Liabilities consistently exceed assets, indicating potential insolvency (e.g., $1,096,117 liabilities vs. $525,058 assets in 2023).
- Consistent net deficit spending where expenses frequently outpace revenue.
- Unknown NTEE code, making it difficult to categorize and understand the organization's mission and program focus.
Strengths
The following positive indicators were identified for Eclipseorg Foundation Inc:
- 0% officer compensation reported across all filings, indicating no executive salaries are paid from organizational funds.
- Long filing history (12 filings) suggests a commitment to IRS compliance, even amidst financial challenges.
Frequently Asked Questions about Eclipseorg Foundation Inc
Is Eclipseorg Foundation Inc a legitimate charity?
Eclipseorg Foundation Inc (EIN: 200838203) is a registered tax-exempt nonprofit based in Oregon. Our AI analysis gives it a Mission Score of 45/100. It has 12 years of IRS 990 filings on record. Total revenue: $550K. 4 red flags identified. 2 strengths noted. Financial health grade: C.
How does Eclipseorg Foundation Inc spend its money?
Eclipseorg Foundation Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Eclipseorg Foundation Inc tax-deductible?
Eclipseorg Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200838203). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Eclipseorg Foundation Inc's spending goes to programs?
Eclipseorg Foundation Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Eclipseorg Foundation Inc located?
Eclipseorg Foundation Inc is headquartered in Portland, Oregon and files with the IRS under EIN 200838203.
How many years of IRS 990 filings does Eclipseorg Foundation Inc have?
Eclipseorg Foundation Inc has 12 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 $550K in total revenue.
What caused the drastic decline in revenue and assets since 2020?
The filings show a sharp decrease in revenue from $6,344,002 in 2020 to $829,241 in 2023, and assets from $1,992,544 to $525,058 in the same period. Understanding the underlying reasons for this decline is crucial for assessing future stability.
How does the organization plan to address its consistent net deficit spending?
In most recent years, expenses have exceeded revenue (e.g., 2023: Revenue $829,241, Expenses $902,459). This pattern of deficit spending is unsustainable and needs a clear strategy for resolution.
What is the nature of the significant liabilities that consistently exceed assets?
Liabilities have consistently been higher than assets, reaching $1,096,117 against $525,058 in assets in 2023. A detailed understanding of these liabilities is essential to evaluate financial risk.
What are the organization's primary program activities given its NTEE code is unknown?
Without an NTEE code, it's difficult to ascertain the specific focus of their programs. More information on their activities would help assess their impact.
Filing History
IRS 990 filing history for Eclipseorg Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Eclipseorg Foundation Inc's revenue has declined by 79.8%, moving from $4.1M to $829K. Total assets decreased by 78.3% over the same period, from $2.4M to $525K. Total functional expenses fell by 78.7%, from $4.2M to $902K. In its most recent filing year (2023), Eclipseorg Foundation Inc reported a deficit of $73K, with expenses exceeding revenue. The organization holds $1.1M in liabilities against $525K in assets (debt-to-asset ratio: 208.8%), resulting in net assets of $-571,059.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $829K | $902K | $525K | $1.1M | — | — |
| 2022 | $1.4M | $1.0M | $527K | $1.0M | — | View 990 |
| 2021 | $4.5M | $4.8M | $519K | $1.3M | — | View 990 |
| 2020 | $6.3M | $6.3M | $2.0M | $2.5M | — | View 990 |
| 2019 | $5.0M | $5.6M | $1.8M | $2.4M | — | — |
| 2018 | $5.1M | $5.5M | $1.8M | $1.9M | — | View 990 |
| 2017 | $4.7M | $4.9M | $2.0M | $1.6M | — | View 990 |
| 2016 | $4.7M | $4.9M | $2.5M | $2.0M | — | View 990 |
| 2015 | $4.4M | $4.4M | $2.2M | $1.6M | — | View 990 |
| 2014 | $3.8M | $4.2M | $2.3M | $1.6M | — | View 990 |
| 2013 | $4.5M | $4.3M | $2.5M | $1.4M | — | View 990 |
| 2012 | $4.1M | $4.2M | $2.4M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $829K, expenses of $902K, and assets of $525K (revenue -38.7% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.0M, and assets of $527K (revenue -69.8% year-over-year).
- 2021: Revenue of $4.5M, expenses of $4.8M, and assets of $519K (revenue -29.4% year-over-year).
- 2020: Revenue of $6.3M, expenses of $6.3M, and assets of $2.0M (revenue +25.8% year-over-year).
- 2019: Revenue of $5.0M, expenses of $5.6M, and assets of $1.8M (revenue -0.7% year-over-year).
- 2018: Revenue of $5.1M, expenses of $5.5M, and assets of $1.8M (revenue +7.1% year-over-year).
- 2017: Revenue of $4.7M, expenses of $4.9M, and assets of $2.0M (revenue +0.1% year-over-year).
- 2016: Revenue of $4.7M, expenses of $4.9M, and assets of $2.5M (revenue +7.8% year-over-year).
- 2015: Revenue of $4.4M, expenses of $4.4M, and assets of $2.2M (revenue +16.8% year-over-year).
- 2014: Revenue of $3.8M, expenses of $4.2M, and assets of $2.3M (revenue -16.0% year-over-year).
- 2013: Revenue of $4.5M, expenses of $4.3M, and assets of $2.5M (revenue +9.0% year-over-year).
- 2012: Revenue of $4.1M, expenses of $4.2M, and assets of $2.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eclipseorg Foundation Inc:
Data Sources and Methodology
This transparency report for Eclipseorg Foundation Inc 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.