Our 42 Nd Avenue
EIN: 461225723 · Portland, OR · NTEE: S30
| Metric | Value |
|---|---|
| Total Revenue | $388K |
| Total Expenses | $268K |
| Net Assets | $304K |
Is Our 42 Nd Avenue Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Our 42 Nd Avenue
Our 42 Nd Avenue (EIN: 461225723) is a nonprofit organization based in Portland, OR, classified under NTEE code S30. The organization reported total revenue of $388K and total assets of $357K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Our 42 Nd Avenue's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Our 42 Nd Avenue is a small nonprofit that has been operating for 12 years, with 8 years of IRS 990 filings on record (2013–2020). Revenue has grown at a compound annual rate of 30.3%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $388K |
| Total Expenses | $268K |
| Surplus / Deficit | +$120K |
| Total Assets | $357K |
| Total Liabilities | $53K |
| Net Assets | $304K |
| Operating Margin | 30.9% |
| Debt-to-Asset Ratio | 14.9% |
| Months of Reserves | 16.0 months |
Financial Health Grade: A
In 2020, Our 42 Nd Avenue reported a surplus of $120K with revenue exceeding expenses, holds 16.0 months of operating reserves (strong position), has a debt-to-asset ratio of 14.9% (very low leverage).
Financial Trends
Over 8 years of filings (2013–2020), Our 42 Nd Avenue's revenue has grown at a compound annual growth rate (CAGR) of 30.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +5.7% | -15.5% | +37.5% |
| 2019 | -36.1% | -21.7% | -70.8% |
| 2018 | +73.8% | +18.3% | +25.9% |
| 2017 | +33.8% | +24.0% | -0.9% |
| 2016 | +86.7% | +134.5% | +1388.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Our 42 Nd Avenue has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Our 42 Nd Avenue with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $120K, with revenue exceeding expenses.
- Debt-to-asset ratio: 14.9%.
Frequently Asked Questions about Our 42 Nd Avenue
Is Our 42 Nd Avenue a legitimate charity?
Based on AI analysis of IRS 990 filings, Our 42 Nd Avenue (EIN: 461225723) insufficient data. 0 red flags identified, 0 strengths noted.
How does Our 42 Nd Avenue spend its money?
Detailed spending breakdown data is not yet available for Our 42 Nd Avenue. Check back for updated IRS 990 analysis.
Are donations to Our 42 Nd Avenue tax-deductible?
Our 42 Nd Avenue is registered as a tax-exempt nonprofit (EIN: 461225723). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Our 42 Nd Avenue located?
Our 42 Nd Avenue is headquartered in Portland, Oregon and files with the IRS under EIN 461225723. It is classified under NTEE code S30.
How many years of IRS 990 filings does Our 42 Nd Avenue have?
Our 42 Nd Avenue has 8 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 $388K in total revenue.
Filing History
IRS 990 filing history for Our 42 Nd Avenue showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2013–2020), Our 42 Nd Avenue's revenue has grown by 537.6%, moving from $61K to $388K. Total assets increased by 1286% over the same period, from $26K to $357K. Total functional expenses rose by 664.2%, from $35K to $268K. In its most recent filing year (2020), Our 42 Nd Avenue reported a surplus of $120K, with revenue exceeding expenses. The organization holds $53K in liabilities against $357K in assets (debt-to-asset ratio: 14.9%), resulting in net assets of $304K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $388K | $268K | $357K | $53K | — | View 990 |
| 2019 | $367K | $317K | $260K | $76K | — | View 990 |
| 2018 | $575K | $405K | $889K | $716K | — | View 990 |
| 2017 | $331K | $343K | $706K | $702K | — | View 990 |
| 2016 | $247K | $276K | $712K | $697K | — | View 990 |
| 2015 | $132K | $118K | $48K | $3K | — | View 990 |
| 2014 | $95K | $90K | $31K | $157 | — | View 990 |
| 2013 | $61K | $35K | $26K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $388K, expenses of $268K, and assets of $357K (revenue +5.7% year-over-year).
- 2019: Revenue of $367K, expenses of $317K, and assets of $260K (revenue -36.1% year-over-year).
- 2018: Revenue of $575K, expenses of $405K, and assets of $889K (revenue +73.8% year-over-year).
- 2017: Revenue of $331K, expenses of $343K, and assets of $706K (revenue +33.8% year-over-year).
- 2016: Revenue of $247K, expenses of $276K, and assets of $712K (revenue +86.7% year-over-year).
- 2015: Revenue of $132K, expenses of $118K, and assets of $48K (revenue +39.6% year-over-year).
- 2014: Revenue of $95K, expenses of $90K, and assets of $31K (revenue +55.8% year-over-year).
- 2013: Revenue of $61K, expenses of $35K, and assets of $26K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Our 42 Nd Avenue:
Data Sources and Methodology
This transparency report for Our 42 Nd Avenue 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.