Forest Park Elementary School Foundation
Forest Park Elementary School Foundation shows inconsistent financial performance with frequent deficits and fluctuating assets, but maintains zero liabilities and no executive compensation.
EIN: 201975263 · Portland, OR · NTEE: B122 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $180K |
| Total Expenses | $209K |
| Program Spending | 85% |
| Net Assets | $99K |
| Transparency Score | 75/100 |
Is Forest Park Elementary School Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Forest Park Elementary School Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Forest Park Elementary School Foundation
Forest Park Elementary School Foundation (EIN: 201975263) is a nonprofit organization based in Portland, OR, classified under NTEE code B122. The organization reported total revenue of $180K and total assets of $171K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Forest Park Elementary School Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Forest Park Elementary School Foundation is a small nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -4.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $153K |
| Total Expenses | $209K |
| Surplus / Deficit | $-56,606 |
| Total Assets | $99K |
| Net Assets | $99K |
| Operating Margin | -37.0% |
| Months of Reserves | 5.7 months |
Financial Health Grade: B
In 2024, Forest Park Elementary School Foundation reported a deficit of $57K with expenses exceeding revenue, holds 5.7 months of operating reserves (adequate).
Financial Trends
Over 13 years of filings (2011–2024), Forest Park Elementary School Foundation's revenue has declined at a compound annual growth rate (CAGR) of -4.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -33.0% | -49.9% | -36.4% |
| 2023 | +31.7% | +1410.2% | -55.0% |
| 2022 | +104.4% | -48.1% | +72.8% |
| 2021 | -58.5% | -80.3% | +18.6% |
| 2020 | -34.6% | -1.4% | -28.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| 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 Forest Park Elementary School Foundation with a Mission Score of 75 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, Forest Park Elementary School 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $57K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its 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.
Red Flags
The following concerns were identified during AI analysis of Forest Park Elementary School Foundation's IRS 990 filings:
- Frequent periods where expenses significantly exceed revenue (e.g., 202306, 202406)
- Highly fluctuating asset base, indicating inconsistent financial reserves
- Lack of consistent financial growth or stability over the past decade
Strengths
The following positive indicators were identified for Forest Park Elementary School Foundation:
- Zero officer compensation, indicating volunteer leadership and efficient use of donor funds for mission
- Consistently reports zero liabilities, demonstrating sound debt management
- Focus on supporting an elementary school, aligning with its NTEE code B122 (Elementary & Secondary Education)
Frequently Asked Questions about Forest Park Elementary School Foundation
Is Forest Park Elementary School Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Forest Park Elementary School Foundation (EIN: 201975263) some concerns. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
How does Forest Park Elementary School Foundation spend its money?
Forest Park Elementary School Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Forest Park Elementary School Foundation tax-deductible?
Forest Park Elementary School Foundation is registered as a tax-exempt nonprofit (EIN: 201975263). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Forest Park Elementary School Foundation's spending goes to programs?
Forest Park Elementary School Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Forest Park Elementary School Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Forest Park Elementary School Foundation is above average for NTEE category B122 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Forest Park Elementary School Foundation located?
Forest Park Elementary School Foundation is headquartered in Portland, Oregon and files with the IRS under EIN 201975263. It is classified under NTEE code B122.
How many years of IRS 990 filings does Forest Park Elementary School Foundation have?
Forest Park Elementary School Foundation 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 $180K in total revenue.
Is Forest Park Elementary School Foundation a good charity?
The foundation exhibits strong commitment to its mission by having no executive compensation and zero liabilities, suggesting efficient use of funds and sound financial management in those areas. However, its inconsistent financial performance, with expenses frequently exceeding revenue (e.g., $418,042 expenses vs. $228,094 revenue in 202306), raises questions about long-term sustainability and financial planning. Donors should consider the fluctuating asset base and occasional deficits.
How does the foundation manage its expenses relative to its revenue?
The foundation's expenses frequently exceed its revenue. For example, in 202306, expenses were $418,042 against revenues of $228,094, and in 202406, expenses were $209,415 against revenues of $152,809. This suggests the organization may be relying on prior year surpluses or reserves to cover operational costs in some periods.
What is the trend in the foundation's assets?
The foundation's assets have fluctuated significantly, from a high of $345,563 in 202206 to a low of $99,009 in 202406. This variability indicates an inconsistent financial reserve, which could impact its ability to fund programs steadily.
Does the foundation pay its officers?
No, the foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership serves on a volunteer basis.
Filing History
IRS 990 filing history for Forest Park Elementary School Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2024), Forest Park Elementary School Foundation's revenue has declined by 44.8%, moving from $277K to $153K. Total assets decreased by 59.2% over the same period, from $243K to $99K. Total functional expenses rose by 22%, from $172K to $209K. In its most recent filing year (2024), Forest Park Elementary School Foundation reported a deficit of $57K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $153K | $209K | $99K | $0 | — | — |
| 2023 | $228K | $418K | $156K | $0 | — | — |
| 2022 | $173K | $28K | $346K | $0 | — | View 990 |
| 2021 | $85K | $53K | $200K | $0 | — | View 990 |
| 2020 | $204K | $270K | $169K | $0 | — | View 990 |
| 2019 | $312K | $274K | $235K | $0 | — | View 990 |
| 2018 | $247K | $358K | $197K | $0 | — | View 990 |
| 2017 | $285K | $204K | $308K | $0 | — | View 990 |
| 2016 | $176K | $192K | $227K | $0 | — | View 990 |
| 2015 | $181K | $164K | $243K | $0 | — | View 990 |
| 2013 | $269K | $288K | $232K | $0 | — | View 990 |
| 2012 | $253K | $244K | $251K | $0 | — | View 990 |
| 2011 | $277K | $172K | $243K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $153K, expenses of $209K, and assets of $99K (revenue -33.0% year-over-year).
- 2023: Revenue of $228K, expenses of $418K, and assets of $156K (revenue +31.7% year-over-year).
- 2022: Revenue of $173K, expenses of $28K, and assets of $346K (revenue +104.4% year-over-year).
- 2021: Revenue of $85K, expenses of $53K, and assets of $200K (revenue -58.5% year-over-year).
- 2020: Revenue of $204K, expenses of $270K, and assets of $169K (revenue -34.6% year-over-year).
- 2019: Revenue of $312K, expenses of $274K, and assets of $235K (revenue +26.7% year-over-year).
- 2018: Revenue of $247K, expenses of $358K, and assets of $197K (revenue -13.4% year-over-year).
- 2017: Revenue of $285K, expenses of $204K, and assets of $308K (revenue +62.0% year-over-year).
- 2016: Revenue of $176K, expenses of $192K, and assets of $227K (revenue -2.8% year-over-year).
- 2015: Revenue of $181K, expenses of $164K, and assets of $243K (revenue -32.8% year-over-year).
- 2013: Revenue of $269K, expenses of $288K, and assets of $232K (revenue +6.4% year-over-year).
- 2012: Revenue of $253K, expenses of $244K, and assets of $251K (revenue -8.7% year-over-year).
- 2011: Revenue of $277K, expenses of $172K, and assets of $243K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Forest Park Elementary School Foundation:
Data Sources and Methodology
This transparency report for Forest Park Elementary School 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.