Oregon Chapter American College Ofcardiology Education Foundation

Oregon Chapter American College Ofcardiology Education Foundation maintains stable operations with volunteer leadership and no executive compensation.

EIN: 205915188 · Gig Harbor, WA · NTEE: G12 · Updated: 2026-03-28

$201KRevenue
$307KAssets
85/100Mission Score (Excellent)
G12
Oregon Chapter American College Ofcardiology Education Foundation Financial Summary
MetricValue
Total Revenue$201K
Total Expenses$171K
Program Spending85%
Net Assets$221K
Transparency Score85/100

Is Oregon Chapter American College Ofcardiology Education Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Oregon Chapter American College Ofcardiology Education Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Oregon Chapter American College Ofcardiology Education Foundation

Oregon Chapter American College Ofcardiology Education Foundation (EIN: 205915188) is a nonprofit organization based in Gig Harbor, WA, classified under NTEE code G12. The organization reported total revenue of $201K and total assets of $307K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oregon Chapter American College Ofcardiology Education Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

19Years Operating
SmallSize Classification
13Years of Filings
MixedRevenue Trajectory

Oregon Chapter American College Ofcardiology Education Foundation is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 38.4%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$147K
Total Expenses$171K
Surplus / Deficit$-24,005
Total Assets$268K
Total Liabilities$48K
Net Assets$221K
Operating Margin-16.3%
Debt-to-Asset Ratio17.7%
Months of Reserves18.8 months

Financial Health Grade: B

In 2023, Oregon Chapter American College Ofcardiology Education Foundation reported a deficit of $24K with expenses exceeding revenue, holds 18.8 months of operating reserves (strong position), has a debt-to-asset ratio of 17.7% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Oregon Chapter American College Ofcardiology Education Foundation's revenue has grown at a compound annual growth rate (CAGR) of 38.4%.

YearRevenue ChangeExpense ChangeAsset Change
2023-10.5%+8.3%-8.0%
2022+87.1%+85.4%+22.3%
2021-31.3%-16.5%-15.3%
2020-29.2%-43.6%+21.9%
2019-7.2%+28.6%+8.0%

IRS Tax-Exempt Classification

IRS Classification Codes2000
IRS Ruling Date2007

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Oregon Chapter American College Ofcardiology Education Foundation demonstrates consistent financial activity, with revenues and expenses generally in a similar range over the past decade. For example, in 2023, the organization reported revenues of $147,165 against expenses of $171,170, indicating a slight deficit. Assets have shown growth over time, reaching $268,347 in 2023, up from $136,614 in 2014. The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and efficient use of funds for its mission. This suggests a commitment to directing resources towards its educational objectives rather than executive salaries. While specific program spending details are not provided in the summary data, the absence of officer compensation implies a high proportion of funds are likely allocated to program delivery and administrative support. The organization's financial health appears stable, with assets generally exceeding liabilities, though liabilities have fluctuated, reaching $47,607 in 2023. The consistent filing of IRS Form 990s over 13 periods indicates good transparency and adherence to regulatory requirements. Overall, the foundation appears to be a well-managed entity with a focus on its mission, supported by volunteer leadership and a stable financial base. Its consistent operations and lack of executive compensation are positive indicators for its financial health and spending efficiency.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Oregon Chapter American College Ofcardiology Education Foundation with a Mission Score of 85 out of 100 (Excellent). 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: 85%
  • fundraising: 5%

According to IRS 990 filings, Oregon Chapter American College Ofcardiology Education Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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:

$147KTotal Revenue
$171KTotal Expenses
$268KTotal Assets
$48KTotal Liabilities
$221KNet Assets
  • The organization reported a deficit of $24K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 17.7%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership serves on a volunteer basis and no funds are diverted to executive salaries, which is highly commendable for an organization of its 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 Oregon Chapter American College Ofcardiology Education Foundation's IRS 990 filings:

  • Occasional operating deficits (e.g., 2023: expenses $171,170 exceeded revenue $147,165)

Strengths

The following positive indicators were identified for Oregon Chapter American College Ofcardiology Education Foundation:

  • Consistent 0% officer compensation, indicating volunteer leadership and efficient use of funds.
  • Regular IRS 990 filings over 13 periods, demonstrating strong transparency.
  • Assets have shown growth over the past decade, improving financial stability.
  • Generally stable revenue and expense patterns over time.

Frequently Asked Questions about Oregon Chapter American College Ofcardiology Education Foundation

Is Oregon Chapter American College Ofcardiology Education Foundation a legitimate charity?

Oregon Chapter American College Ofcardiology Education Foundation (EIN: 205915188) is a registered tax-exempt nonprofit based in Washington. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $201K. 1 red flag identified. 4 strengths noted. Financial health grade: B.

How does Oregon Chapter American College Ofcardiology Education Foundation spend its money?

Oregon Chapter American College Ofcardiology Education Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Oregon Chapter American College Ofcardiology Education Foundation tax-deductible?

Oregon Chapter American College Ofcardiology Education Foundation is registered as a tax-exempt nonprofit (EIN: 205915188). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Oregon Chapter American College Ofcardiology Education Foundation's spending goes to programs?

Oregon Chapter American College Ofcardiology Education Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Oregon Chapter American College Ofcardiology Education Foundation compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Oregon Chapter American College Ofcardiology Education Foundation is above average for NTEE category G12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Oregon Chapter American College Ofcardiology Education Foundation located?

Oregon Chapter American College Ofcardiology Education Foundation is headquartered in Gig Harbor, Washington and files with the IRS under EIN 205915188. It is classified under NTEE code G12.

How many years of IRS 990 filings does Oregon Chapter American College Ofcardiology Education Foundation have?

Oregon Chapter American College Ofcardiology Education Foundation 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 $201K in total revenue.

Is Oregon Chapter American College Ofcardiology Education Foundation a good charity?

Based on the provided data, the organization appears to be a good charity. It consistently reports 0% officer compensation, indicating a strong commitment to its mission and efficient use of funds. Its financial filings are regular, showing transparency.

How has the organization's financial health changed over the last decade?

The organization's assets have grown from $136,614 in 2014 to $268,347 in 2023, indicating an improvement in its financial health. Revenues and expenses have fluctuated but generally remained stable, with occasional deficits like in 2023 ($147,165 revenue vs. $171,170 expenses).

What is the trend in the organization's liabilities?

Liabilities have varied significantly, from $0 in several years (e.g., 2015-2018, 2021) to a high of $130,063 in 2014, and $47,607 in 2023. While not consistently zero, they generally remain manageable relative to assets.

Filing History

IRS 990 filing history for Oregon Chapter American College Ofcardiology Education Foundation showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Oregon Chapter American College Ofcardiology Education Foundation's revenue has grown by 4855.1%, moving from $3K to $147K. Total assets increased by 450.3% over the same period, from $49K to $268K. Total functional expenses rose by 9367.4%, from $2K to $171K. In its most recent filing year (2023), Oregon Chapter American College Ofcardiology Education Foundation reported a deficit of $24K, with expenses exceeding revenue. The organization holds $48K in liabilities against $268K in assets (debt-to-asset ratio: 17.7%), resulting in net assets of $221K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $147K $171K $268K $48K
2022 $164K $158K $292K $47K View 990
2021 $88K $85K $238K $0 View 990
2020 $128K $102K $281K $46K View 990
2019 $181K $181K $231K $21K View 990
2018 $195K $141K $214K $0 View 990
2017 $171K $158K $160K $0 View 990
2016 $126K $122K $147K $0 View 990
2015 $127K $117K $142K $0 View 990
2014 $103K $96K $137K $130K View 990
2013 $148K $107K $129K $0 View 990
2012 $121K $82K $88K $0 View 990
2011 $3K $2K $49K $0 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $147K, expenses of $171K, and assets of $268K (revenue -10.5% year-over-year).
  • 2022: Revenue of $164K, expenses of $158K, and assets of $292K (revenue +87.1% year-over-year).
  • 2021: Revenue of $88K, expenses of $85K, and assets of $238K (revenue -31.3% year-over-year).
  • 2020: Revenue of $128K, expenses of $102K, and assets of $281K (revenue -29.2% year-over-year).
  • 2019: Revenue of $181K, expenses of $181K, and assets of $231K (revenue -7.2% year-over-year).
  • 2018: Revenue of $195K, expenses of $141K, and assets of $214K (revenue +14.0% year-over-year).
  • 2017: Revenue of $171K, expenses of $158K, and assets of $160K (revenue +35.2% year-over-year).
  • 2016: Revenue of $126K, expenses of $122K, and assets of $147K (revenue -0.6% year-over-year).
  • 2015: Revenue of $127K, expenses of $117K, and assets of $142K (revenue +23.6% year-over-year).
  • 2014: Revenue of $103K, expenses of $96K, and assets of $137K (revenue -30.6% year-over-year).
  • 2013: Revenue of $148K, expenses of $107K, and assets of $129K (revenue +22.3% year-over-year).
  • 2012: Revenue of $121K, expenses of $82K, and assets of $88K (revenue +3977.4% year-over-year).
  • 2011: Revenue of $3K, expenses of $2K, and assets of $49K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Oregon Chapter American College Ofcardiology Education Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Oregon Chapter American College Ofcardiology Education 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.

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