Ethiopian And Eritrean Cultural And Resource Center
EIN: 822848405 · Portland, OR · NTEE: A20
| Metric | Value |
|---|---|
| Total Revenue | $529K |
| Total Expenses | $901K |
| Net Assets | $934K |
Is Ethiopian And Eritrean Cultural And Resource Center Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ethiopian And Eritrean Cultural And Resource Center
Ethiopian And Eritrean Cultural And Resource Center (EIN: 822848405) is a nonprofit organization based in Portland, OR, classified under NTEE code A20. The organization reported total revenue of $529K and total assets of $238K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ethiopian And Eritrean Cultural And Resource Center's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ethiopian And Eritrean Cultural And Resource Center is a small nonprofit that has been operating for 8 years, with 5 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 179.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.7M |
| Total Expenses | $901K |
| Surplus / Deficit | +$813K |
| Total Assets | $934K |
| Net Assets | $934K |
| Operating Margin | 47.4% |
| Months of Reserves | 12.4 months |
Financial Health Grade: A
In 2023, Ethiopian And Eritrean Cultural And Resource Center reported a surplus of $813K with revenue exceeding expenses, holds 12.4 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2020–2023), Ethiopian And Eritrean Cultural And Resource Center's revenue has grown at a compound annual growth rate (CAGR) of 179.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +184.6% | +38.9% | +673.8% |
| 2022 | +56.5% | +140.3% | -27.7% |
| 2021 | +297.6% | +233.9% | +166.5% |
| 2020 | +23.9% | +151.9% | +34.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2018 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ethiopian And Eritrean Cultural And Resource Center has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Ethiopian And Eritrean Cultural And Resource Center with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $813K, with revenue exceeding expenses.
Frequently Asked Questions about Ethiopian And Eritrean Cultural And Resource Center
Is Ethiopian And Eritrean Cultural And Resource Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Ethiopian And Eritrean Cultural And Resource Center (EIN: 822848405) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ethiopian And Eritrean Cultural And Resource Center spend its money?
Detailed spending breakdown data is not yet available for Ethiopian And Eritrean Cultural And Resource Center. Check back for updated IRS 990 analysis.
Are donations to Ethiopian And Eritrean Cultural And Resource Center tax-deductible?
Ethiopian And Eritrean Cultural And Resource Center is registered as a tax-exempt nonprofit (EIN: 822848405). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Ethiopian And Eritrean Cultural And Resource Center located?
Ethiopian And Eritrean Cultural And Resource Center is headquartered in Portland, Oregon and files with the IRS under EIN 822848405. It is classified under NTEE code A20.
How many years of IRS 990 filings does Ethiopian And Eritrean Cultural And Resource Center have?
Ethiopian And Eritrean Cultural And Resource Center has 5 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 $529K in total revenue.
Filing History
IRS 990 filing history for Ethiopian And Eritrean Cultural And Resource Center showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2020–2023), Ethiopian And Eritrean Cultural And Resource Center's revenue has grown by 2093.5%, moving from $78K to $1.7M. Total assets increased by 1900% over the same period, from $47K to $934K. Total functional expenses rose by 2707.3%, from $32K to $901K. In its most recent filing year (2023), Ethiopian And Eritrean Cultural And Resource Center reported a surplus of $813K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.7M | $901K | $934K | $0 | — | — |
| 2022 | $602K | $648K | $121K | $0 | — | View 990 |
| 2021 | $385K | $270K | $167K | $0 | — | View 990 |
| 2020 | $97K | $81K | $63K | $50 | — | View 990 |
| 2020 | $78K | $32K | $47K | $50 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.7M, expenses of $901K, and assets of $934K (revenue +184.6% year-over-year).
- 2022: Revenue of $602K, expenses of $648K, and assets of $121K (revenue +56.5% year-over-year).
- 2021: Revenue of $385K, expenses of $270K, and assets of $167K (revenue +297.6% year-over-year).
- 2020: Revenue of $97K, expenses of $81K, and assets of $63K (revenue +23.9% year-over-year).
- 2020: Revenue of $78K, expenses of $32K, and assets of $47K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ethiopian And Eritrean Cultural And Resource Center:
Data Sources and Methodology
This transparency report for Ethiopian And Eritrean Cultural And Resource Center 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.