Friends Of Explorer Post 58
EIN: 50634136 · Portland, OR · NTEE: O114
| Metric | Value |
|---|---|
| Total Revenue | $499K |
| Total Expenses | $355K |
| Net Assets | $464K |
Is Friends Of Explorer Post 58 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Friends Of Explorer Post 58
Friends Of Explorer Post 58 (EIN: 50634136) is a nonprofit organization based in Portland, OR, classified under NTEE code O114. The organization reported total revenue of $499K and total assets of $634K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Explorer Post 58's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Explorer Post 58 is a small nonprofit that has been operating for 18 years, with 8 years of IRS 990 filings on record (2016–2023). Revenue has grown at a compound annual rate of 28.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $428K |
| Total Expenses | $355K |
| Surplus / Deficit | +$73K |
| Total Assets | $476K |
| Total Liabilities | $12K |
| Net Assets | $464K |
| Operating Margin | 17.0% |
| Debt-to-Asset Ratio | 2.5% |
| Months of Reserves | 16.1 months |
Financial Health Grade: A
In 2023, Friends Of Explorer Post 58 reported a surplus of $73K with revenue exceeding expenses, holds 16.1 months of operating reserves (strong position), has a debt-to-asset ratio of 2.5% (very low leverage).
Financial Trends
Over 8 years of filings (2016–2023), Friends Of Explorer Post 58's revenue has grown at a compound annual growth rate (CAGR) of 28.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.0% | +10.5% | +24.7% |
| 2022 | +11.8% | +28.5% | +13.0% |
| 2021 | +31.8% | +21.7% | +33.5% |
| 2020 | -21.3% | -23.6% | +19.9% |
| 2019 | +20.5% | +20.6% | +29.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2008 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Friends Of Explorer Post 58 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 Friends Of Explorer Post 58 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 $73K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.5%.
Frequently Asked Questions about Friends Of Explorer Post 58
Is Friends Of Explorer Post 58 a legitimate charity?
Friends Of Explorer Post 58 (EIN: 50634136) is a registered tax-exempt nonprofit based in Oregon. It has 8 years of IRS 990 filings on record. Total revenue: $499K. No red flags identified. Financial health grade: A.
How does Friends Of Explorer Post 58 spend its money?
Friends Of Explorer Post 58 reported $499K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Friends Of Explorer Post 58 tax-deductible?
Friends Of Explorer Post 58 is registered as a tax-exempt nonprofit (EIN: 50634136). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Friends Of Explorer Post 58 located?
Friends Of Explorer Post 58 is headquartered in Portland, Oregon and files with the IRS under EIN 50634136. It is classified under NTEE code O114.
How many years of IRS 990 filings does Friends Of Explorer Post 58 have?
Friends Of Explorer Post 58 has 8 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 $499K in total revenue.
Filing History
IRS 990 filing history for Friends Of Explorer Post 58 showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2016–2023), Friends Of Explorer Post 58's revenue has grown by 473.8%, moving from $75K to $428K. Total assets increased by 424.5% over the same period, from $91K to $476K. Total functional expenses rose by 520.7%, from $57K to $355K. In its most recent filing year (2023), Friends Of Explorer Post 58 reported a surplus of $73K, with revenue exceeding expenses. The organization holds $12K in liabilities against $476K in assets (debt-to-asset ratio: 2.5%), resulting in net assets of $464K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $428K | $355K | $476K | $12K | — | View 990 |
| 2022 | $372K | $321K | $381K | $-5,376 | — | View 990 |
| 2021 | $333K | $250K | $337K | $1K | — | — |
| 2020 | $253K | $206K | $253K | $1K | — | View 990 |
| 2019 | $321K | $269K | $211K | $6K | — | View 990 |
| 2018 | $267K | $223K | $163K | $10K | — | View 990 |
| 2017 | $123K | $110K | $109K | $0 | — | View 990 |
| 2016 | $75K | $57K | $91K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $428K, expenses of $355K, and assets of $476K (revenue +15.0% year-over-year).
- 2022: Revenue of $372K, expenses of $321K, and assets of $381K (revenue +11.8% year-over-year).
- 2021: Revenue of $333K, expenses of $250K, and assets of $337K (revenue +31.8% year-over-year).
- 2020: Revenue of $253K, expenses of $206K, and assets of $253K (revenue -21.3% year-over-year).
- 2019: Revenue of $321K, expenses of $269K, and assets of $211K (revenue +20.5% year-over-year).
- 2018: Revenue of $267K, expenses of $223K, and assets of $163K (revenue +115.9% year-over-year).
- 2017: Revenue of $123K, expenses of $110K, and assets of $109K (revenue +65.6% year-over-year).
- 2016: Revenue of $75K, expenses of $57K, and assets of $91K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Explorer Post 58:
Data Sources and Methodology
This transparency report for Friends Of Explorer Post 58 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.