Friends Of Saturday Academy
Friends Of Saturday Academy faces recurring deficits and declining assets despite zero reported officer compensation.
EIN: 203770321 · Portland, OR · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.2M |
| Program Spending | 75% |
| Net Assets | $1.1M |
| Transparency Score | 70/100 |
Is Friends Of Saturday Academy Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of Saturday Academy directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of Saturday Academy
Friends Of Saturday Academy (EIN: 203770321) is a nonprofit organization based in Portland, OR, classified under NTEE code P20. The organization reported total revenue of $1.2M and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Saturday Academy's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Saturday Academy is a mid-size 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 -6.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $778K |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-470,574 |
| Total Assets | $1.5M |
| Total Liabilities | $387K |
| Net Assets | $1.1M |
| Operating Margin | -60.5% |
| Debt-to-Asset Ratio | 26.0% |
| Months of Reserves | 14.3 months |
Financial Health Grade: B
In 2023, Friends Of Saturday Academy reported a deficit of $471K with expenses exceeding revenue, holds 14.3 months of operating reserves (strong position), has a debt-to-asset ratio of 26.0% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Friends Of Saturday Academy's revenue has declined at a compound annual growth rate (CAGR) of -6.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -32.3% | -1.7% | -19.0% |
| 2022 | +21.4% | +26.3% | +0.4% |
| 2021 | -0.7% | -20.4% | +4.5% |
| 2020 | -50.5% | -31.7% | -15.9% |
| 2019 | -2.6% | -8.1% | +6.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Friends Of Saturday Academy with a Mission Score of 70 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: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Friends Of Saturday Academy 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 $471K, with expenses exceeding revenue.
- Debt-to-asset ratio: 26.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly favorable and suggests that leadership is either unpaid or compensated through other means not categorized as officer compensation, indicating strong financial stewardship in this area relative to the organization's 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 Friends Of Saturday Academy's IRS 990 filings:
- Recurring deficits (e.g., 202309: $777,817 revenue vs. $1,248,391 expenses)
- Declining asset base (from $2,241,899 in 201609 to $1,486,136 in 202309)
- Significant increase in liabilities in 202309 ($386,662 from $31,616 in 202109)
- Inconsistent revenue generation over time (e.g., $2,545,211 in 201509 vs. $777,817 in 202309)
Strengths
The following positive indicators were identified for Friends Of Saturday Academy:
- Zero reported officer compensation across all filings, indicating strong financial transparency in this area.
- Likely strong program spending ratio (estimated 75% of expenses).
- Long history of IRS 990 filings (13 filings), suggesting consistent compliance.
Frequently Asked Questions about Friends Of Saturday Academy
Is Friends Of Saturday Academy a legitimate charity?
Friends Of Saturday Academy (EIN: 203770321) is a registered tax-exempt nonprofit based in Oregon. Our AI analysis gives it a Mission Score of 70/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.2M. 4 red flags identified. 3 strengths noted. Financial health grade: B.
How does Friends Of Saturday Academy spend its money?
Friends Of Saturday Academy directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Friends Of Saturday Academy tax-deductible?
Friends Of Saturday Academy is registered as a tax-exempt nonprofit (EIN: 203770321). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Friends Of Saturday Academy's spending goes to programs?
Friends Of Saturday Academy directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of Saturday Academy compare to similar nonprofits?
With a transparency score of 70/100 (Good), Friends Of Saturday Academy is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of Saturday Academy located?
Friends Of Saturday Academy is headquartered in Portland, Oregon and files with the IRS under EIN 203770321. It is classified under NTEE code P20.
How many years of IRS 990 filings does Friends Of Saturday Academy have?
Friends Of Saturday Academy 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 $1.2M in total revenue.
Is Friends Of Saturday Academy a good charity?
Friends Of Saturday Academy exhibits strengths in transparency regarding executive compensation (0% reported) and a likely strong program focus (estimated 75% program spending). However, recurring deficits, such as $1,248,391 in expenses against $777,817 in revenue in 202309, and declining assets suggest financial sustainability challenges that potential donors should consider.
Why are expenses consistently higher than revenue in recent years?
In the 202309 period, expenses were $1,248,391 while revenue was $777,817, creating a deficit. Similar trends were observed in 202209 and 202009. This could be due to strategic investments, temporary funding gaps, or operational inefficiencies, and warrants further investigation into the organization's financial planning and fundraising strategies.
What caused the significant increase in liabilities in 202309?
Liabilities increased from $31,616 in 202109 to $386,662 in 202309. This substantial jump could indicate new debt, deferred revenue, or other financial obligations that need to be understood to assess the organization's financial risk.
How has the organization's asset base changed over time?
The organization's assets have decreased from a peak of $2,241,899 in 201609 to $1,486,136 in 202309. This decline, alongside recurring deficits, suggests that the organization may be drawing down reserves or experiencing a reduction in its overall financial resources.
What is the long-term financial outlook for Friends Of Saturday Academy?
Given the pattern of recurring deficits and declining assets, the long-term financial outlook requires careful monitoring. While the absence of officer compensation is positive, the organization needs to address its revenue generation and expense management to ensure sustainable operations.
Filing History
IRS 990 filing history for Friends Of Saturday Academy showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friends Of Saturday Academy's revenue has declined by 57.6%, moving from $1.8M to $778K. Total assets increased by 87.7% over the same period, from $792K to $1.5M. Total functional expenses fell by 29.4%, from $1.8M to $1.2M. In its most recent filing year (2023), Friends Of Saturday Academy reported a deficit of $471K, with expenses exceeding revenue. The organization holds $387K in liabilities against $1.5M in assets (debt-to-asset ratio: 26.0%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $778K | $1.2M | $1.5M | $387K | — | — |
| 2022 | $1.1M | $1.3M | $1.8M | $319K | — | View 990 |
| 2021 | $946K | $1.0M | $1.8M | $32K | — | View 990 |
| 2020 | $953K | $1.3M | $1.7M | $35K | — | View 990 |
| 2019 | $1.9M | $1.8M | $2.1M | $78K | — | View 990 |
| 2018 | $2.0M | $2.0M | $2.0M | $75K | — | View 990 |
| 2017 | $1.8M | $2.0M | $2.0M | $103K | — | View 990 |
| 2016 | $2.1M | $2.1M | $2.2M | $155K | — | View 990 |
| 2015 | $2.5M | $2.1M | $2.2M | $137K | — | View 990 |
| 2014 | $2.2M | $1.8M | $1.7M | $123K | — | View 990 |
| 2013 | $1.9M | $1.7M | $1.3M | $111K | — | View 990 |
| 2012 | $1.9M | $1.6M | $1.1M | $114K | — | View 990 |
| 2011 | $1.8M | $1.8M | $792K | $158K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $778K, expenses of $1.2M, and assets of $1.5M (revenue -32.3% year-over-year).
- 2022: Revenue of $1.1M, expenses of $1.3M, and assets of $1.8M (revenue +21.4% year-over-year).
- 2021: Revenue of $946K, expenses of $1.0M, and assets of $1.8M (revenue -0.7% year-over-year).
- 2020: Revenue of $953K, expenses of $1.3M, and assets of $1.7M (revenue -50.5% year-over-year).
- 2019: Revenue of $1.9M, expenses of $1.8M, and assets of $2.1M (revenue -2.6% year-over-year).
- 2018: Revenue of $2.0M, expenses of $2.0M, and assets of $2.0M (revenue +10.1% year-over-year).
- 2017: Revenue of $1.8M, expenses of $2.0M, and assets of $2.0M (revenue -14.7% year-over-year).
- 2016: Revenue of $2.1M, expenses of $2.1M, and assets of $2.2M (revenue -17.3% year-over-year).
- 2015: Revenue of $2.5M, expenses of $2.1M, and assets of $2.2M (revenue +16.3% year-over-year).
- 2014: Revenue of $2.2M, expenses of $1.8M, and assets of $1.7M (revenue +12.7% year-over-year).
- 2013: Revenue of $1.9M, expenses of $1.7M, and assets of $1.3M (revenue +1.6% year-over-year).
- 2012: Revenue of $1.9M, expenses of $1.6M, and assets of $1.1M (revenue +4.2% year-over-year).
- 2011: Revenue of $1.8M, expenses of $1.8M, and assets of $792K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Saturday Academy:
Data Sources and Methodology
This transparency report for Friends Of Saturday Academy 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.