Greater Portland Inc
Greater Portland Inc consistently operates around $1 million annually, with recent years showing expenses exceeding revenue and no reported officer compensation.
EIN: 205922785 · Portland, OR · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.4M |
| Total Expenses | $1.4M |
| Program Spending | 75% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $310K |
| Transparency Score | 70/100 |
Is Greater Portland Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Greater Portland Inc directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Greater Portland Inc
Greater Portland Inc (EIN: 205922785) is a nonprofit organization based in Portland, OR, classified under NTEE code S41. The organization reported total revenue of $3.4M and total assets of $2.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Greater Portland Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Greater Portland Inc is a mid-size nonprofit that has been operating for 17 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $943K |
| Total Expenses | $1.4M |
| Surplus / Deficit | $-459,878 |
| Total Assets | $491K |
| Total Liabilities | $181K |
| Net Assets | $310K |
| Operating Margin | -48.8% |
| Debt-to-Asset Ratio | 36.8% |
| Months of Reserves | 4.2 months |
Financial Health Grade: B
In 2023, Greater Portland Inc reported a deficit of $460K with expenses exceeding revenue, holds 4.2 months of operating reserves (adequate), has a debt-to-asset ratio of 36.8% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Greater Portland Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.9% | +29.3% | -44.3% |
| 2022 | -1.9% | +2.9% | -13.3% |
| 2021 | -26.6% | +6.6% | -8.9% |
| 2020 | +20.3% | -3.4% | +32.7% |
| 2019 | -2.8% | -5.9% | +10.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
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 Greater Portland Inc 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, Greater Portland Inc 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 $460K, with expenses exceeding revenue.
- Debt-to-asset ratio: 36.8%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is highly unusual for an organization with annual expenses exceeding $1 million. This suggests that executive compensation may be reported under other expense categories, or that key leadership roles are filled by volunteers or compensated through a related entity, which warrants further scrutiny for complete transparency.
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 Greater Portland Inc's IRS 990 filings:
- Consistent reporting of 0% officer compensation, which is highly unusual for an organization of this size and activity level.
- Expenses exceeding revenue in multiple recent periods (e.g., 202312, 202212, 202112), indicating potential operational deficits.
- Significant decrease in assets from $881,939 in 202212 to $491,114 in 202312, alongside an increase in liabilities.
Strengths
The following positive indicators were identified for Greater Portland Inc:
- Consistent filing of IRS Form 990s (14 filings), demonstrating a commitment to transparency.
- Stable operational presence over a decade, with annual revenues consistently around $1 million.
- NTEE code S41 (Economic Development) indicates a clear mission focus on community benefit.
Frequently Asked Questions about Greater Portland Inc
Is Greater Portland Inc a legitimate charity?
Greater Portland Inc (EIN: 205922785) is a registered tax-exempt nonprofit based in Oregon. Our AI analysis gives it a Mission Score of 70/100. It has 14 years of IRS 990 filings on record. Total revenue: $3.4M. 3 red flags identified. 3 strengths noted. Financial health grade: B.
How does Greater Portland Inc spend its money?
Greater Portland Inc directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Greater Portland Inc tax-deductible?
Greater Portland Inc is registered as a tax-exempt nonprofit (EIN: 205922785). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Greater Portland Inc CEO make?
Greater Portland Inc's highest-compensated officer earns $1 annually. The organization reported $3.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Greater Portland Inc's spending goes to programs?
Greater Portland Inc directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Greater Portland Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Greater Portland Inc is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Greater Portland Inc located?
Greater Portland Inc is headquartered in Portland, Oregon and files with the IRS under EIN 205922785. It is classified under NTEE code S41.
How many years of IRS 990 filings does Greater Portland Inc have?
Greater Portland Inc has 14 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 $3.4M in total revenue.
Why is officer compensation consistently reported as 0% across all filings?
The consistent reporting of 0% officer compensation is unusual for an organization of this size and could indicate that executive compensation is reported under other categories, or that key leadership roles are filled by volunteers or compensated through other entities. This requires further clarification to understand the true cost of leadership.
What is the detailed breakdown of expenses, particularly for the periods where expenses significantly exceeded revenue?
In 202312, expenses were $1,402,430 while revenue was $942,552. Similarly, in 202212, expenses were $1,084,274 against $925,351 in revenue. A detailed breakdown of these expenses would clarify where the funds are being allocated and identify potential areas for cost efficiency or revenue enhancement.
How does Greater Portland Inc plan to address the trend of expenses exceeding revenue in recent years?
The organization has experienced several periods where expenses outpaced revenue, notably in 202312, 202212, 202112, and 201712. Understanding the strategy to balance the budget and ensure long-term financial sustainability is crucial.
Filing History
IRS 990 filing history for Greater Portland Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Greater Portland Inc's revenue has grown by 23.1%, moving from $766K to $943K. Total assets increased by 38.4% over the same period, from $355K to $491K. Total functional expenses rose by 110.2%, from $667K to $1.4M. In its most recent filing year (2023), Greater Portland Inc reported a deficit of $460K, with expenses exceeding revenue. The organization holds $181K in liabilities against $491K in assets (debt-to-asset ratio: 36.8%), resulting in net assets of $310K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $943K | $1.4M | $491K | $181K | — | — |
| 2022 | $925K | $1.1M | $882K | $112K | — | View 990 |
| 2021 | $944K | $1.1M | $1.0M | $88K | — | View 990 |
| 2020 | $1.3M | $989K | $1.1M | $77K | — | View 990 |
| 2019 | $1.1M | $1.0M | $842K | $133K | — | — |
| 2018 | $1.1M | $1.1M | $761K | $96K | — | View 990 |
| 2017 | $982K | $1.1M | $701K | $46K | — | View 990 |
| 2016 | $1.1M | $1.1M | $774K | $40K | — | View 990 |
| 2015 | $1.2M | $1.0M | $763K | $78K | — | View 990 |
| 2014 | $1.2M | $1.2M | $551K | $58K | — | View 990 |
| 2013 | $1.2M | $1.3M | $594K | $111K | — | View 990 |
| 2012 | $1.3M | $1.3M | $646K | $134K | — | View 990 |
| 2011 | $1.3M | $1.1M | $676K | $121K | — | View 990 |
| 2010 | $766K | $667K | $355K | $22K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $943K, expenses of $1.4M, and assets of $491K (revenue +1.9% year-over-year).
- 2022: Revenue of $925K, expenses of $1.1M, and assets of $882K (revenue -1.9% year-over-year).
- 2021: Revenue of $944K, expenses of $1.1M, and assets of $1.0M (revenue -26.6% year-over-year).
- 2020: Revenue of $1.3M, expenses of $989K, and assets of $1.1M (revenue +20.3% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.0M, and assets of $842K (revenue -2.8% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.1M, and assets of $761K (revenue +11.9% year-over-year).
- 2017: Revenue of $982K, expenses of $1.1M, and assets of $701K (revenue -10.6% year-over-year).
- 2016: Revenue of $1.1M, expenses of $1.1M, and assets of $774K (revenue -10.9% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.0M, and assets of $763K (revenue +0.8% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.2M, and assets of $551K (revenue -1.8% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.3M, and assets of $594K (revenue -2.4% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.3M, and assets of $646K (revenue -2.6% year-over-year).
- 2011: Revenue of $1.3M, expenses of $1.1M, and assets of $676K (revenue +71.1% year-over-year).
- 2010: Revenue of $766K, expenses of $667K, and assets of $355K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Greater Portland Inc:
Data Sources and Methodology
This transparency report for Greater Portland 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.