Patricia Eiting Foundation
Patricia Eiting Foundation's assets have declined by over 50% in a decade due to consistent spending exceeding revenue.
EIN: 200522040 · Portland, OR · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $61K |
| Total Expenses | $131K |
| Program Spending | 80% |
| Net Assets | $960K |
| Transparency Score | 45/100 |
Is Patricia Eiting Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Patricia Eiting Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Patricia Eiting Foundation
Patricia Eiting Foundation (EIN: 200522040) is a nonprofit organization based in Portland, OR, classified under NTEE code T22. The organization reported total revenue of $61K and total assets of $904K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Patricia Eiting Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Patricia Eiting Foundation is a micro nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $59K |
| Total Expenses | $131K |
| Surplus / Deficit | $-71,924 |
| Total Assets | $960K |
| Total Liabilities | $1 |
| Net Assets | $960K |
| Operating Margin | -121.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 88.0 months |
Financial Health Grade: B
In 2023, Patricia Eiting Foundation reported a deficit of $72K with expenses exceeding revenue, holds 88.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Patricia Eiting Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +93.2% | +60.7% | -10.0% |
| 2022 | +64.0% | -48.9% | -3.1% |
| 2020 | -196.3% | +29.5% | -13.2% |
| 2019 | -3.8% | -52.8% | -22.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Patricia Eiting Foundation with a Mission Score of 45 out of 100 (Fair). 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, Patricia Eiting 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:
- The organization reported a deficit of $72K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all filings, indicating that executive leadership is either unpaid or compensated through other means not categorized as officer compensation, which is a positive for minimizing overhead.
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 Patricia Eiting Foundation's IRS 990 filings:
- Consistent operating deficits, with expenses significantly exceeding revenue in most years (e.g., 2023 expenses $130,939 vs. revenue $59,015).
- Significant decline in total assets over time, from $2,306,114 in 2011 to $960,096 in 2023, indicating unsustainable spending.
- Negative revenue reported in 2020 (-$65,833), which is unusual and warrants further investigation into its cause.
Strengths
The following positive indicators were identified for Patricia Eiting Foundation:
- Consistently reports 0% officer compensation, indicating low executive overhead.
- Maintains negligible liabilities across all reported periods, suggesting good debt management.
Frequently Asked Questions about Patricia Eiting Foundation
Is Patricia Eiting Foundation a legitimate charity?
Patricia Eiting Foundation (EIN: 200522040) is a registered tax-exempt nonprofit based in Oregon. Our AI analysis gives it a Mission Score of 45/100. It has 10 years of IRS 990 filings on record. Total revenue: $61K. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Patricia Eiting Foundation spend its money?
Patricia Eiting Foundation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Patricia Eiting Foundation tax-deductible?
Patricia Eiting Foundation is registered as a tax-exempt nonprofit (EIN: 200522040). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Patricia Eiting Foundation's spending goes to programs?
Patricia Eiting Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Patricia Eiting Foundation compare to similar nonprofits?
With a transparency score of 45/100 (Fair), Patricia Eiting Foundation is near average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Patricia Eiting Foundation located?
Patricia Eiting Foundation is headquartered in Portland, Oregon and files with the IRS under EIN 200522040. It is classified under NTEE code T22.
How many years of IRS 990 filings does Patricia Eiting Foundation have?
Patricia Eiting 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 $61K in total revenue.
Is the Patricia Eiting Foundation financially sustainable?
Based on the consistent trend of expenses exceeding revenue and the significant decline in assets from $2.3 million in 2011 to $0.96 million in 2023, the foundation's current financial model appears unsustainable in the long term without a substantial increase in revenue or reduction in expenses.
What is the primary cause of the asset decline?
The primary cause of the asset decline is the consistent operating deficit, where annual expenses have frequently been double or more than annual revenues, forcing the foundation to draw down its principal assets to cover operations.
How does the foundation fund its operations?
Given the consistent revenue shortfalls relative to expenses, the foundation appears to be funding its operations primarily by liquidating its existing assets, as evidenced by the significant decrease in total assets over the past decade.
Filing History
IRS 990 filing history for Patricia Eiting Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Patricia Eiting Foundation's revenue has declined by 30.6%, moving from $85K to $59K. Total assets decreased by 58.4% over the same period, from $2.3M to $960K. Total functional expenses rose by 149.4%, from $53K to $131K. In its most recent filing year (2023), Patricia Eiting Foundation reported a deficit of $72K, with expenses exceeding revenue. The organization holds $1 in liabilities against $960K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $960K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $59K | $131K | $960K | $1 | — | — |
| 2022 | $31K | $82K | $1.1M | $1 | — | View 990 |
| 2021 | $19K | $160K | $1.1M | $1 | — | View 990 |
| 2020 | $-65,833 | $131K | $1.3M | $1 | — | — |
| 2019 | $68K | $101K | $1.5M | $0 | — | View 990 |
| 2015 | $71K | $214K | $1.9M | $0 | — | View 990 |
| 2014 | $65K | $225K | $2.1M | $0 | — | View 990 |
| 2013 | $56K | $98K | $2.1M | $0 | — | View 990 |
| 2012 | $49K | $228K | $2.2M | $0 | — | View 990 |
| 2011 | $85K | $53K | $2.3M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $59K, expenses of $131K, and assets of $960K (revenue +93.2% year-over-year).
- 2022: Revenue of $31K, expenses of $82K, and assets of $1.1M (revenue +64.0% year-over-year).
- 2021: Revenue of $19K, expenses of $160K, and assets of $1.1M.
- 2020: Revenue of $-65,833, expenses of $131K, and assets of $1.3M (revenue -196.3% year-over-year).
- 2019: Revenue of $68K, expenses of $101K, and assets of $1.5M (revenue -3.8% year-over-year).
- 2015: Revenue of $71K, expenses of $214K, and assets of $1.9M (revenue +8.7% year-over-year).
- 2014: Revenue of $65K, expenses of $225K, and assets of $2.1M (revenue +16.3% year-over-year).
- 2013: Revenue of $56K, expenses of $98K, and assets of $2.1M (revenue +13.9% year-over-year).
- 2012: Revenue of $49K, expenses of $228K, and assets of $2.2M (revenue -42.0% year-over-year).
- 2011: Revenue of $85K, expenses of $53K, and assets of $2.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Patricia Eiting Foundation:
Data Sources and Methodology
This transparency report for Patricia Eiting 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.