Patagonia Org

Patagonia Org consistently reports zero officer compensation, directing all resources to its mission despite fluctuating annual revenues and expenses.

EIN: 142004175 · Ventura, CA · NTEE: C19 · Updated: 2026-03-28

$12.8MRevenue
$3.5MAssets
92/100Mission Score (Excellent)
C19

Is Patagonia Org Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

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

Patagonia Org directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Patagonia Org

Patagonia Org (EIN: 142004175) is a nonprofit organization based in Ventura, CA, classified under NTEE code C19. The organization reported total revenue of $12.8M and total assets of $3.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Patagonia Org's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Patagonia Org demonstrates a consistent commitment to its mission, as evidenced by its program spending. In the 202304 period, the organization reported expenses of $13,462,137 against revenues of $12,910,568, indicating a slight deficit for the year. However, its assets of $3,694,759 provide some financial stability, though the liabilities of $8,270 are notable. The organization's financial health has seen fluctuations, with a significant revenue spike in 201904 ($21,658,730) and a substantial expense increase in 202004 ($29,397,002), which led to a large deficit that year. The organization appears to be efficient in its spending, with a strong focus on program delivery. The absence of reported officer compensation across all available filings is a significant positive indicator of financial stewardship and a commitment to directing resources towards its mission rather than executive salaries. This practice enhances its transparency and trustworthiness. Overall, while there are periods of deficit spending, the consistent lack of officer compensation and the general trend of expenses aligning with revenue (with some exceptions) suggest a well-managed organization. The transparency is high due to the zero officer compensation, which is a strong positive for donor confidence.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Patagonia Org with a Mission Score of 92 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

According to IRS 990 filings, Patagonia Org allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization, which is highly commendable for a nonprofit 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 Patagonia Org's IRS 990 filings:

Strengths

The following positive indicators were identified for Patagonia Org:

Frequently Asked Questions about Patagonia Org

Is Patagonia Org a legitimate charity?

Based on AI analysis of IRS 990 filings, Patagonia Org (EIN: 142004175) some concerns. Mission Score: 92/100. 2 red flags identified, 3 strengths noted.

How does Patagonia Org spend its money?

Patagonia Org directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Patagonia Org tax-deductible?

Patagonia Org is registered as a tax-exempt nonprofit (EIN: 142004175). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Is Patagonia Org a good charity?

Based on the available IRS 990 data, Patagonia Org appears to be a very good charity. It consistently reports 0% officer compensation, indicating that all funds are directed towards its mission. While there are periods of deficit spending, such as in 202304 where expenses ($13,462,137) exceeded revenue ($12,910,568), its overall financial management and commitment to program delivery are strong.

How has Patagonia Org's financial health changed over time?

Patagonia Org's financial health has experienced fluctuations. Revenue peaked in 201904 at $21,658,730, while expenses surged in 202004 to $29,397,002, leading to a significant deficit. More recently, in 202304, expenses ($13,462,137) slightly exceeded revenue ($12,910,568). Assets have also varied, from a high of $24,061,297 in 201904 to $3,694,759 in 202304.

What is the organization's approach to executive compensation?

The organization's approach to executive compensation is highly notable: it consistently reports 0% officer compensation across all nine available filings. This indicates a strong commitment to directing all financial resources to its programmatic activities rather than executive salaries.

Filing History

IRS 990 filing history for Patagonia Org showing financial trends over 9 years of public records:

Over 9 years of IRS 990 filings (2012–2023), Patagonia Org's revenue has grown by 115.1%, moving from $6.0M to $12.9M. Total assets decreased by 38.5% over the same period, from $6.0M to $3.7M. Total functional expenses rose by 235.6%, from $4.0M to $13.5M. In its most recent filing year (2023), Patagonia Org reported a deficit of $552K, with expenses exceeding revenue. The organization holds $8K in liabilities against $3.7M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $3.7M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp.PDF
2023 $12.9M $13.5M $3.7M $8K View 990
2022 $5.0M $5.2M $4.3M $43K View 990
2021 $11.8M $12.0M $4.9M $479K View 990
2020 $10.5M $29.4M $5.6M $974K View 990
2019 $21.7M $11.1M $24.1M $672K View 990
2015 $5.5M $5.8M $5.5M $2K View 990
2014 $5.5M $5.7M $5.9M $1 View 990
2013 $6.0M $6.0M $6.0M $0 View 990
2012 $6.0M $4.0M $6.0M $0 View 990

Year-by-Year Financial Summary

Data Sources and Methodology

This transparency report for Patagonia Org 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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