Eugene Ski Swap Inc
Eugene Ski Swap Inc. consistently operates near break-even with no officer compensation.
EIN: 203118351 · Salem, OR · NTEE: M124 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $47K |
| Total Expenses | $34K |
| Program Spending | 90% |
| Net Assets | $9K |
| Transparency Score | 85/100 |
Is Eugene Ski Swap Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Eugene Ski Swap Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Eugene Ski Swap Inc
Eugene Ski Swap Inc (EIN: 203118351) is a nonprofit organization based in Salem, OR, classified under NTEE code M124. The organization reported total revenue of $47K and total assets of $8K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Eugene Ski Swap Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Eugene Ski Swap Inc is a micro nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $34K |
| Total Expenses | $34K |
| Surplus / Deficit | $-343 |
| Total Assets | $9K |
| Net Assets | $9K |
| Operating Margin | -1.0% |
| Months of Reserves | 3.2 months |
Financial Health Grade: B
In 2023, Eugene Ski Swap Inc reported a deficit of $343 with expenses exceeding revenue, holds 3.2 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2023), Eugene Ski Swap Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.0% | +3.7% | -3.6% |
| 2022 | -24.4% | +8.3% | -29.9% |
| 2020 | -102.4% | -100.0% | -9.6% |
| 2019 | +70.5% | +43.6% | +9.2% |
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 Eugene Ski Swap Inc 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: 90%
- fundraising: 0%
According to IRS 990 filings, Eugene Ski Swap Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $343, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating a volunteer-led organization. This is highly commendable for an organization of its size, ensuring all revenue is directed towards its 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 Eugene Ski Swap Inc's IRS 990 filings:
- Fluctuating revenue year-over-year, making long-term financial planning potentially challenging.
Strengths
The following positive indicators were identified for Eugene Ski Swap Inc:
- Consistent 0% officer compensation, indicating a volunteer-driven model and efficient use of funds.
- No reported liabilities across all filings, demonstrating strong financial health and responsible management.
- Consistent filing of IRS Form 990, ensuring transparency and public accountability.
- Expenses generally align with revenue, indicating sound financial management and a focus on operational sustainability.
Frequently Asked Questions about Eugene Ski Swap Inc
Is Eugene Ski Swap Inc a legitimate charity?
Eugene Ski Swap Inc (EIN: 203118351) is a registered tax-exempt nonprofit based in Oregon. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $47K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Eugene Ski Swap Inc spend its money?
Eugene Ski Swap Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Eugene Ski Swap Inc tax-deductible?
Eugene Ski Swap Inc is registered as a tax-exempt nonprofit (EIN: 203118351). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Eugene Ski Swap Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Eugene Ski Swap Inc is above average for NTEE category M124 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Eugene Ski Swap Inc located?
Eugene Ski Swap Inc is headquartered in Salem, Oregon and files with the IRS under EIN 203118351. It is classified under NTEE code M124.
How many years of IRS 990 filings does Eugene Ski Swap Inc have?
Eugene Ski Swap Inc 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 $47K in total revenue.
Is Eugene Ski Swap Inc. a good charity?
Based on the available data, Eugene Ski Swap Inc. appears to be a well-managed, efficient, and transparent organization. It consistently operates with no officer compensation, and its expenses are closely aligned with its revenue, indicating responsible financial stewardship. The absence of liabilities further strengthens its financial standing.
How does Eugene Ski Swap Inc. manage its expenses?
Eugene Ski Swap Inc. manages its expenses very tightly, often operating near a break-even point. For example, in 2023, expenses were $34,000 against revenue of $33,657. This suggests a focus on direct program delivery and minimal overhead, especially given the 0% officer compensation.
What is the trend in Eugene Ski Swap Inc.'s revenue?
Eugene Ski Swap Inc.'s revenue has fluctuated over the years, ranging from a low of $-598 in 2020 to a high of $38,063 in 2021. The latest reported revenue for 2023 was $33,657, showing a generally stable, albeit variable, income stream.
Filing History
IRS 990 filing history for Eugene Ski Swap Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Eugene Ski Swap Inc's revenue has grown by 153.9%, moving from $13K to $34K. Total assets increased by 906200% over the same period, from $1 to $9K. Total functional expenses rose by 135.4%, from $14K to $34K. In its most recent filing year (2023), Eugene Ski Swap Inc reported a deficit of $343, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $34K | $34K | $9K | $0 | — | View 990 |
| 2022 | $29K | $33K | $9K | $0 | — | View 990 |
| 2021 | $38K | $30K | $13K | $0 | — | — |
| 2020 | $-598 | $0 | $6K | $0 | — | View 990 |
| 2019 | $25K | $24K | $6K | $0 | — | View 990 |
| 2018 | $14K | $17K | $6K | $0 | — | View 990 |
| 2017 | $24K | $21K | $8K | $0 | — | View 990 |
| 2016 | $18K | $18K | $5K | $0 | — | View 990 |
| 2015 | $5K | $5K | $5K | $0 | — | View 990 |
| 2014 | $9K | $9K | $5K | $0 | — | View 990 |
| 2013 | $11K | $11K | $5K | $0 | — | View 990 |
| 2012 | $15K | $14K | $6K | $0 | — | View 990 |
| 2011 | $13K | $14K | $1 | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $34K, expenses of $34K, and assets of $9K (revenue +17.0% year-over-year).
- 2022: Revenue of $29K, expenses of $33K, and assets of $9K (revenue -24.4% year-over-year).
- 2021: Revenue of $38K, expenses of $30K, and assets of $13K.
- 2020: Revenue of $-598, expenses of $0, and assets of $6K (revenue -102.4% year-over-year).
- 2019: Revenue of $25K, expenses of $24K, and assets of $6K (revenue +70.5% year-over-year).
- 2018: Revenue of $14K, expenses of $17K, and assets of $6K (revenue -40.6% year-over-year).
- 2017: Revenue of $24K, expenses of $21K, and assets of $8K (revenue +33.0% year-over-year).
- 2016: Revenue of $18K, expenses of $18K, and assets of $5K (revenue +262.6% year-over-year).
- 2015: Revenue of $5K, expenses of $5K, and assets of $5K (revenue -47.1% year-over-year).
- 2014: Revenue of $9K, expenses of $9K, and assets of $5K (revenue -12.2% year-over-year).
- 2013: Revenue of $11K, expenses of $11K, and assets of $5K (revenue -28.7% year-over-year).
- 2012: Revenue of $15K, expenses of $14K, and assets of $6K (revenue +14.3% year-over-year).
- 2011: Revenue of $13K, expenses of $14K, and assets of $1.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Eugene Ski Swap Inc:
Data Sources and Methodology
This transparency report for Eugene Ski Swap 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.