Friends Of The Children Portland Foundation
Friends Of The Children Portland Foundation shows fluctuating revenue and consistent 0% officer compensation amidst substantial assets.
EIN: 201241534 · Seattle, WA · NTEE: O11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.3M |
| Total Expenses | $277K |
| Program Spending | 80% |
| Net Assets | $6.5M |
| Transparency Score | 75/100 |
Is Friends Of The Children Portland Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of The Children Portland Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of The Children Portland Foundation
Friends Of The Children Portland Foundation (EIN: 201241534) is a nonprofit organization based in Seattle, WA, classified under NTEE code O11. The organization reported total revenue of $2.3M and total assets of $7.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of The Children Portland Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of The Children Portland Foundation is a mid-size nonprofit that has been operating for 21 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of -8.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $181K |
| Total Expenses | $277K |
| Surplus / Deficit | $-95,654 |
| Total Assets | $6.7M |
| Total Liabilities | $126K |
| Net Assets | $6.5M |
| Operating Margin | -52.9% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 289.6 months |
Financial Health Grade: B
In 2023, Friends Of The Children Portland Foundation reported a deficit of $96K with expenses exceeding revenue, holds 289.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Friends Of The Children Portland Foundation's revenue has declined at a compound annual growth rate (CAGR) of -8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -66.6% | -20.8% | -0.3% |
| 2022 | -43.0% | +62.5% | -14.1% |
| 2020 | -115.6% | -47.6% | +1.6% |
| 2019 | -67.8% | +27.6% | -3.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 The Children Portland 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: 80%
- fundraising: 10%
According to IRS 990 filings, Friends Of The Children Portland Foundation allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% 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 $96K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.9%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers or that the executive leadership is entirely volunteer-based. This is a positive sign for directing funds to programs but could also suggest a need for more detailed disclosure if other forms of compensation exist.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Friends Of The Children Portland Foundation's IRS 990 filings:
- Inconsistent revenue, including negative revenue in 202008 ($-37,165).
- Expenses exceeding revenue in recent periods (e.g., 202308: $276,563 expenses vs. $180,909 revenue), indicating potential reliance on asset drawdowns.
- Lack of detailed functional expense breakdown in provided data makes precise spending efficiency analysis challenging.
Strengths
The following positive indicators were identified for Friends Of The Children Portland Foundation:
- Consistent reporting of 0% officer compensation, indicating a commitment to minimizing executive overhead.
- Substantial asset base ($7,528,024) provides financial stability and capacity.
- Long filing history (12 filings) suggests established operations and compliance.
Frequently Asked Questions about Friends Of The Children Portland Foundation
Is Friends Of The Children Portland Foundation a legitimate charity?
Friends Of The Children Portland Foundation (EIN: 201241534) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $2.3M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Friends Of The Children Portland Foundation spend its money?
Friends Of The Children Portland Foundation directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Friends Of The Children Portland Foundation tax-deductible?
Friends Of The Children Portland Foundation is registered as a tax-exempt nonprofit (EIN: 201241534). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Friends Of The Children Portland Foundation's spending goes to programs?
Friends Of The Children Portland Foundation directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Friends Of The Children Portland Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Friends Of The Children Portland Foundation is above average for NTEE category O11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of The Children Portland Foundation located?
Friends Of The Children Portland Foundation is headquartered in Seattle, Washington and files with the IRS under EIN 201241534. It is classified under NTEE code O11.
How many years of IRS 990 filings does Friends Of The Children Portland Foundation have?
Friends Of The Children Portland Foundation has 12 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 $2.3M in total revenue.
How does Friends Of The Children Portland Foundation sustain its operations with fluctuating revenue, including negative revenue in 202008?
The organization's substantial asset base, currently $7,528,024, likely provides a buffer against revenue fluctuations, allowing it to cover expenses even during periods of low or negative income. However, consistent deficits, such as expenses exceeding revenue in 202308 ($276,563 expenses vs. $180,909 revenue), could erode assets over time.
What is the nature of the 'Officer Comp=0%' reported across all filings, and how is executive leadership compensated?
The consistent reporting of 0% officer compensation suggests either a fully volunteer executive leadership or that compensation is structured in a way that is not reported under 'Officer Comp' on the 990, such as through a related entity or as general staff salaries. Further clarification would enhance transparency.
Given the NTEE code O11 (Youth Development, Services), how effectively are the organization's assets being utilized to achieve its mission?
With assets of $7,528,024 and varying annual expenses, the organization holds significant financial resources. The effectiveness of asset utilization depends on how these assets are invested and drawn upon to fund program activities, especially during periods of lower revenue.
Filing History
IRS 990 filing history for Friends Of The Children Portland Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Friends Of The Children Portland Foundation's revenue has declined by 63.1%, moving from $490K to $181K. Total assets increased by 32.9% over the same period, from $5.0M to $6.7M. Total functional expenses fell by 35.6%, from $429K to $277K. In its most recent filing year (2023), Friends Of The Children Portland Foundation reported a deficit of $96K, with expenses exceeding revenue. The organization holds $126K in liabilities against $6.7M in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $6.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $181K | $277K | $6.7M | $126K | — | View 990 |
| 2022 | $542K | $349K | $6.7M | $231K | — | View 990 |
| 2021 | $950K | $215K | $7.8M | $217K | — | View 990 |
| 2020 | $-37,165 | $328K | $6.3M | $146K | — | — |
| 2019 | $239K | $627K | $6.2M | $223K | — | View 990 |
| 2018 | $742K | $491K | $6.5M | $66K | — | View 990 |
| 2017 | $932K | $624K | $6.1M | $50K | — | View 990 |
| 2016 | $948K | $502K | $6.1M | $429K | — | View 990 |
| 2015 | $1.1M | $384K | $6.1M | $405K | — | View 990 |
| 2014 | $395K | $487K | $5.9M | $11K | — | View 990 |
| 2013 | $688K | $402K | $5.3M | $0 | — | View 990 |
| 2012 | $490K | $429K | $5.0M | $12K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $181K, expenses of $277K, and assets of $6.7M (revenue -66.6% year-over-year).
- 2022: Revenue of $542K, expenses of $349K, and assets of $6.7M (revenue -43.0% year-over-year).
- 2021: Revenue of $950K, expenses of $215K, and assets of $7.8M.
- 2020: Revenue of $-37,165, expenses of $328K, and assets of $6.3M (revenue -115.6% year-over-year).
- 2019: Revenue of $239K, expenses of $627K, and assets of $6.2M (revenue -67.8% year-over-year).
- 2018: Revenue of $742K, expenses of $491K, and assets of $6.5M (revenue -20.3% year-over-year).
- 2017: Revenue of $932K, expenses of $624K, and assets of $6.1M (revenue -1.7% year-over-year).
- 2016: Revenue of $948K, expenses of $502K, and assets of $6.1M (revenue -12.8% year-over-year).
- 2015: Revenue of $1.1M, expenses of $384K, and assets of $6.1M (revenue +175.3% year-over-year).
- 2014: Revenue of $395K, expenses of $487K, and assets of $5.9M (revenue -42.6% year-over-year).
- 2013: Revenue of $688K, expenses of $402K, and assets of $5.3M (revenue +40.4% year-over-year).
- 2012: Revenue of $490K, expenses of $429K, and assets of $5.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of The Children Portland Foundation:
Data Sources and Methodology
This transparency report for Friends Of The Children Portland 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.