Maitripa College
Maitripa College reports significant deficit spending in 2023 despite substantial asset base and zero officer compensation.
EIN: 202884155 · Portland, OR · NTEE: B50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $997K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $9.3M |
| Net Assets | $9.2M |
| Transparency Score | 75/100 |
Is Maitripa College Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Maitripa College directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Maitripa College
Maitripa College (EIN: 202884155) is a nonprofit organization based in Portland, OR, classified under NTEE code B50. The organization reported total revenue of $1.7M and total assets of $9.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Maitripa College's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Maitripa College is a mid-size nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $422K |
| Total Expenses | $997K |
| Surplus / Deficit | $-575,445 |
| Total Assets | $9.3M |
| Total Liabilities | $66K |
| Net Assets | $9.2M |
| Operating Margin | -136.5% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 112.1 months |
Financial Health Grade: B
In 2023, Maitripa College reported a deficit of $575K with expenses exceeding revenue, holds 112.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 12 years of filings (2010–2023), Maitripa College's revenue has grown at a compound annual growth rate (CAGR) of 2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -28.4% | +69.3% | -14.1% |
| 2021 | -81.9% | -24.1% | +3.9% |
| 2020 | +576.5% | +9.8% | +38.4% |
| 2018 | -93.9% | +45.2% | -8.4% |
| 2017 | +2106.1% | +4.8% | +1391.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Maitripa College 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Maitripa College allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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 $575K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive compensation from the organization, which is highly unusual for an organization of its asset size ($9.3M).
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 Maitripa College's IRS 990 filings:
- Significant deficit spending in the latest filing (2023 expenses $997,063 vs. revenue $421,618).
- Highly volatile revenue streams, making financial planning and sustainability challenging.
- Unusually low liabilities ($65,557 in 2023) relative to assets, which could indicate conservative financial management or a lack of operational debt.
Strengths
The following positive indicators were identified for Maitripa College:
- Strong asset base ($9,373,666) providing financial stability.
- Consistent reporting of 0% officer compensation, indicating efficient use of funds for leadership.
- Long history of IRS 990 filings (12 filings), demonstrating commitment to transparency.
- Significant asset growth over the past decade, from $38,019 in 2012 to over $9 million.
Frequently Asked Questions about Maitripa College
Is Maitripa College a legitimate charity?
Maitripa College (EIN: 202884155) is a registered tax-exempt nonprofit based in Oregon. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.7M. 3 red flags identified. 4 strengths noted. Financial health grade: B.
How does Maitripa College spend its money?
Maitripa College directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Maitripa College tax-deductible?
Maitripa College is registered as a tax-exempt nonprofit (EIN: 202884155). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Maitripa College CEO make?
Maitripa College's highest-compensated officer earns $9.3M annually. The organization reported $1.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Maitripa College's spending goes to programs?
Maitripa College directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Maitripa College compare to similar nonprofits?
With a transparency score of 75/100 (Good), Maitripa College is above average for NTEE category B50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Maitripa College located?
Maitripa College is headquartered in Portland, Oregon and files with the IRS under EIN 202884155. It is classified under NTEE code B50.
How many years of IRS 990 filings does Maitripa College have?
Maitripa College 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 $1.7M in total revenue.
Is Maitripa College financially sustainable given recent deficit spending?
In 2023, Maitripa College's expenses ($997,063) significantly exceeded its revenue ($421,618). While the organization has substantial assets ($9,373,666), sustained deficit spending could impact long-term financial health if not addressed.
How does Maitripa College fund its operations without officer compensation?
The filings consistently show 0% officer compensation, suggesting that leadership may be volunteer-based or compensated through other means not reported as officer compensation on the 990, or that the organization relies heavily on non-personnel expenses for its mission.
What caused the large revenue fluctuations, such as the $7.9M in 2017?
The IRS 990 data shows significant revenue spikes, like $7,912,111 in 2017 and $3,256,927 in 2020. These large, infrequent increases often indicate substantial one-time donations, grants, or capital contributions rather than consistent operational income.
Filing History
IRS 990 filing history for Maitripa College showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2010–2023), Maitripa College's revenue has grown by 34.1%, moving from $314K to $422K. Total assets increased by 19175.6% over the same period, from $48K to $9.3M. Total functional expenses rose by 211.1%, from $321K to $997K. In its most recent filing year (2023), Maitripa College reported a deficit of $575K, with expenses exceeding revenue. The organization holds $66K in liabilities against $9.3M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $9.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $422K | $997K | $9.3M | $66K | — | — |
| 2021 | $589K | $589K | $10.8M | $0 | — | View 990 |
| 2020 | $3.3M | $776K | $10.4M | $0 | — | View 990 |
| 2018 | $481K | $707K | $7.5M | $0 | — | View 990 |
| 2017 | $7.9M | $487K | $8.2M | $0 | — | View 990 |
| 2016 | $359K | $464K | $552K | $0 | — | View 990 |
| 2015 | $968K | $487K | $646K | $788 | — | View 990 |
| 2014 | $459K | $387K | $164K | $594 | — | View 990 |
| 2013 | $427K | $333K | $109K | $17K | — | View 990 |
| 2012 | $361K | $350K | $38K | $41K | — | View 990 |
| 2011 | $321K | $329K | $31K | $45K | — | View 990 |
| 2010 | $314K | $321K | $48K | $55K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $422K, expenses of $997K, and assets of $9.3M (revenue -28.4% year-over-year).
- 2021: Revenue of $589K, expenses of $589K, and assets of $10.8M (revenue -81.9% year-over-year).
- 2020: Revenue of $3.3M, expenses of $776K, and assets of $10.4M (revenue +576.5% year-over-year).
- 2018: Revenue of $481K, expenses of $707K, and assets of $7.5M (revenue -93.9% year-over-year).
- 2017: Revenue of $7.9M, expenses of $487K, and assets of $8.2M (revenue +2106.1% year-over-year).
- 2016: Revenue of $359K, expenses of $464K, and assets of $552K (revenue -63.0% year-over-year).
- 2015: Revenue of $968K, expenses of $487K, and assets of $646K (revenue +110.9% year-over-year).
- 2014: Revenue of $459K, expenses of $387K, and assets of $164K (revenue +7.4% year-over-year).
- 2013: Revenue of $427K, expenses of $333K, and assets of $109K (revenue +18.5% year-over-year).
- 2012: Revenue of $361K, expenses of $350K, and assets of $38K (revenue +12.2% year-over-year).
- 2011: Revenue of $321K, expenses of $329K, and assets of $31K (revenue +2.2% year-over-year).
- 2010: Revenue of $314K, expenses of $321K, and assets of $48K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Maitripa College:
Data Sources and Methodology
This transparency report for Maitripa College 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.