Oregon Youth Sailing Foundation

Oregon Youth Sailing Foundation faces recent deficit with expenses exceeding revenue by over $56,000 in 2023.

EIN: 208876486 · Portland, OR · NTEE: N67 · Updated: 2026-03-28

$87KRevenue
$71KAssets
70/100Mission Score (Good)
N67
Oregon Youth Sailing Foundation Financial Summary
MetricValue
Total Revenue$87K
Total Expenses$133K
Program Spending80%
Net Assets$53K
Transparency Score70/100

Is Oregon Youth Sailing Foundation Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
3 FoundRed Flags

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

Oregon Youth Sailing Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Oregon Youth Sailing Foundation

Oregon Youth Sailing Foundation (EIN: 208876486) is a nonprofit organization based in Portland, OR, classified under NTEE code N67. The organization reported total revenue of $87K and total assets of $71K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Oregon Youth Sailing Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

18Years Operating
MicroSize Classification
10Years of Filings
MixedRevenue Trajectory

Oregon Youth Sailing Foundation is a micro nonprofit that has been operating for 18 years, with 10 years of IRS 990 filings on record (2014–2023). Revenue has grown at a compound annual rate of 6.7%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$76K
Total Expenses$133K
Surplus / Deficit$-56,791
Total Assets$53K
Net Assets$53K
Operating Margin-74.3%
Months of Reserves4.8 months

Financial Health Grade: B

In 2023, Oregon Youth Sailing Foundation reported a deficit of $57K with expenses exceeding revenue, holds 4.8 months of operating reserves (adequate).

Financial Trends

Over 10 years of filings (2014–2023), Oregon Youth Sailing Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.

YearRevenue ChangeExpense ChangeAsset Change
2023-29.8%+30.4%-51.5%
2022-17.4%-12.7%+6.4%
2021+27.5%+42.8%+16.6%
2020-13.2%-11.7%+31.8%
2019+157.8%+60.2%+44.9%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2008

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

AI Transparency Report

The Oregon Youth Sailing Foundation demonstrates a fluctuating financial picture over the past decade. While the organization has generally maintained positive net assets, the most recent filing (202312) shows expenses significantly exceeding revenue ($133,175 vs. $76,384), resulting in a substantial deficit for the year. This trend of expenses outpacing revenue was also observed in 202212 and 201812, indicating potential challenges in consistent financial sustainability. The organization's assets have also seen a decline from a high of $110,226 in 202212 to $53,435 in 202312, suggesting a draw on reserves to cover operational costs. Spending efficiency is difficult to fully assess without a detailed functional expense breakdown, which is not provided in the summary data. However, the consistent reporting of 0% officer compensation across all filings suggests a strong volunteer-driven model, which can contribute to lower administrative overhead. The organization's transparency is commendable in its consistent filing of IRS Form 990s, providing a clear historical record of its financial activities. The absence of liabilities in the latest filing (202312) is a positive indicator of financial health, despite the annual deficit. Overall, the foundation appears to be a small, community-focused organization with a reliance on volunteer efforts. The recent financial performance, particularly the significant deficit in 202312, warrants closer examination to understand the underlying causes and the organization's strategy for achieving long-term financial stability. While the lack of officer compensation is a strength, the fluctuating revenue and expense patterns suggest a need for more predictable funding streams or tighter expense management.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Oregon Youth Sailing Foundation 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: 80%
  • fundraising: 5%

According to IRS 990 filings, Oregon Youth Sailing Foundation 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:

$76KTotal Revenue
$133KTotal Expenses
$53KTotal Assets
$53KNet Assets
  • The organization reported a deficit of $57K, with expenses exceeding revenue.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all filings, indicating that the organization's leadership is entirely volunteer-based, 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 Youth Sailing Foundation's IRS 990 filings:

  • Significant deficit in the most recent fiscal year (202312) where expenses ($133,175) far exceeded revenue ($76,384).
  • Declining asset base from $110,226 in 202212 to $53,435 in 202312, suggesting reliance on reserves.
  • Inconsistent revenue generation, with significant fluctuations year-to-year (e.g., $131,766 in 202112 down to $76,384 in 202312).

Strengths

The following positive indicators were identified for Oregon Youth Sailing Foundation:

  • Consistent 0% officer compensation, indicating a strong volunteer-driven model and efficient use of funds for leadership.
  • No reported liabilities in the most recent filing (202312), suggesting a debt-free operational status.
  • Consistent IRS 990 filing history, demonstrating transparency and compliance over a decade.

Frequently Asked Questions about Oregon Youth Sailing Foundation

Is Oregon Youth Sailing Foundation a legitimate charity?

Oregon Youth Sailing Foundation (EIN: 208876486) is a registered tax-exempt nonprofit based in Oregon. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $87K. 3 red flags identified. 3 strengths noted. Financial health grade: B.

How does Oregon Youth Sailing Foundation spend its money?

Oregon Youth Sailing Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Oregon Youth Sailing Foundation tax-deductible?

Oregon Youth Sailing Foundation is registered as a tax-exempt nonprofit (EIN: 208876486). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

What percentage of Oregon Youth Sailing Foundation's spending goes to programs?

Oregon Youth Sailing Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

How does Oregon Youth Sailing Foundation compare to similar nonprofits?

With a transparency score of 70/100 (Good), Oregon Youth Sailing Foundation is above average for NTEE category N67 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Oregon Youth Sailing Foundation located?

Oregon Youth Sailing Foundation is headquartered in Portland, Oregon and files with the IRS under EIN 208876486. It is classified under NTEE code N67.

How many years of IRS 990 filings does Oregon Youth Sailing Foundation have?

Oregon Youth Sailing Foundation has 10 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 $87K in total revenue.

Is Oregon Youth Sailing Foundation financially stable?

The organization's financial stability is questionable given the significant deficit in 202312 ($76,384 revenue vs. $133,175 expenses) and the decline in assets from $110,226 in 202212 to $53,435 in 202312. While it has periods of surplus, the recent trend suggests potential challenges.

How does the organization manage its administrative costs?

The consistent reporting of 0% officer compensation across all filings strongly suggests a very lean administrative structure, likely relying heavily on volunteers, which helps keep administrative costs low.

What caused the large expense increase in 2023?

The provided data does not detail the specific categories of expenses. The increase from $102,141 in 202212 to $133,175 in 202312 would require a deeper dive into the full IRS Form 990 to identify the specific drivers.

Filing History

IRS 990 filing history for Oregon Youth Sailing Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2014–2023), Oregon Youth Sailing Foundation's revenue has grown by 79.1%, moving from $43K to $76K. Total assets increased by 69.4% over the same period, from $32K to $53K. Total functional expenses rose by 283.3%, from $35K to $133K. In its most recent filing year (2023), Oregon Youth Sailing Foundation reported a deficit of $57K, with expenses exceeding revenue.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $76K $133K $53K $0
2022 $109K $102K $110K $79K View 990
2021 $132K $117K $104K $76K
2020 $103K $82K $89K $41K View 990
2019 $119K $93K $67K $32K View 990
2018 $46K $58K $47K $14K View 990
2017 $36K $7K $53K $19K View 990
2016 $21K $12K $25K $9K View 990
2015 $36K $52K $16K $8K View 990
2014 $43K $35K $32K $3K View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $76K, expenses of $133K, and assets of $53K (revenue -29.8% year-over-year).
  • 2022: Revenue of $109K, expenses of $102K, and assets of $110K (revenue -17.4% year-over-year).
  • 2021: Revenue of $132K, expenses of $117K, and assets of $104K (revenue +27.5% year-over-year).
  • 2020: Revenue of $103K, expenses of $82K, and assets of $89K (revenue -13.2% year-over-year).
  • 2019: Revenue of $119K, expenses of $93K, and assets of $67K (revenue +157.8% year-over-year).
  • 2018: Revenue of $46K, expenses of $58K, and assets of $47K (revenue +29.9% year-over-year).
  • 2017: Revenue of $36K, expenses of $7K, and assets of $53K (revenue +71.7% year-over-year).
  • 2016: Revenue of $21K, expenses of $12K, and assets of $25K (revenue -42.3% year-over-year).
  • 2015: Revenue of $36K, expenses of $52K, and assets of $16K (revenue -15.9% year-over-year).
  • 2014: Revenue of $43K, expenses of $35K, and assets of $32K.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Oregon Youth Sailing Foundation:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing

Data Sources and Methodology

This transparency report for Oregon Youth Sailing 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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