Peter H Michaelson Foundation
Peter H Michaelson Foundation consistently operates at a deficit, drawing on its substantial asset base.
EIN: 133503389 · Portland, OR · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $68K |
| Total Expenses | $68K |
| Program Spending | 70% |
| Net Assets | $1.2M |
| Transparency Score | 75/100 |
Is Peter H Michaelson Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Peter H Michaelson Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Peter H Michaelson Foundation
Peter H Michaelson Foundation (EIN: 133503389) is a nonprofit organization based in Portland, OR. The organization reported total revenue of $68K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Peter H Michaelson Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Peter H Michaelson Foundation is a micro nonprofit that has been operating for 37 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $60K |
| Total Expenses | $68K |
| Surplus / Deficit | $-7,700 |
| Total Assets | $1.2M |
| Total Liabilities | $1 |
| Net Assets | $1.2M |
| Operating Margin | -12.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 210.2 months |
Financial Health Grade: B
In 2023, Peter H Michaelson Foundation reported a deficit of $8K with expenses exceeding revenue, holds 210.2 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), Peter H Michaelson Foundation's revenue has grown at a compound annual growth rate (CAGR) of 8.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +33.4% | -25.7% | -0.6% |
| 2022 | -39.8% | +19.3% | -15.2% |
| 2021 | +44.9% | +52.7% | +1.1% |
| 2019 | -118.9% | -46.0% | +9.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1989 |
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 Peter H Michaelson Foundation with a Mission Score of 75 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Peter H Michaelson Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
No officer compensation has been reported in any of the available filings, indicating that the foundation's leadership is either unpaid or volunteer-based, which is a positive for resource allocation.
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 Peter H Michaelson Foundation's IRS 990 filings:
- Consistent operational deficits (e.g., 2023 expenses $67,635 vs. revenue $59,935; 2022 expenses $91,030 vs. revenue $44,941)
- Lack of detailed expense breakdown in provided data, making program efficiency difficult to fully assess.
Strengths
The following positive indicators were identified for Peter H Michaelson Foundation:
- Substantial asset base ($1,168,994) provides financial stability.
- No reported officer compensation, indicating efficient use of funds at the leadership level.
- Low liabilities ($1 in recent years) suggests good financial management of obligations.
Frequently Asked Questions about Peter H Michaelson Foundation
Is Peter H Michaelson Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Peter H Michaelson Foundation (EIN: 133503389) some concerns. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
How does Peter H Michaelson Foundation spend its money?
Peter H Michaelson Foundation directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Peter H Michaelson Foundation tax-deductible?
Peter H Michaelson Foundation is registered as a tax-exempt nonprofit (EIN: 133503389). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Peter H Michaelson Foundation's spending goes to programs?
Peter H Michaelson Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
Where is Peter H Michaelson Foundation located?
Peter H Michaelson Foundation is headquartered in Portland, Oregon and files with the IRS under EIN 133503389.
How many years of IRS 990 filings does Peter H Michaelson Foundation have?
Peter H Michaelson 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 $68K in total revenue.
Is the Peter H Michaelson Foundation financially sustainable given its consistent deficit spending?
While the foundation consistently spends more than its annual revenue, its substantial asset base of over $1.1 million provides a buffer. This pattern is common for private foundations that distribute grants from their endowment rather than relying solely on annual donations. However, prolonged significant deficits could eventually erode the principal.
What are the primary expenses of the foundation, given the lack of detailed breakdowns?
Without detailed expense breakdowns in the provided data, it's impossible to definitively state the primary expenses. However, for a foundation of this type, common expenses include grants to other organizations, investment management fees, and general administrative costs.
How does the foundation generate its revenue?
The revenue figures, which fluctuate and are relatively low compared to assets, suggest that the foundation primarily generates income through investment returns on its endowment, rather than significant public fundraising or program service fees. The negative revenue in 2019 further supports this, possibly indicating investment losses.
Filing History
IRS 990 filing history for Peter H Michaelson Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Peter H Michaelson Foundation's revenue has grown by 151.4%, moving from $24K to $60K. Total assets decreased by 24.1% over the same period, from $1.6M to $1.2M. Total functional expenses rose by 34.1%, from $50K to $68K. In its most recent filing year (2023), Peter H Michaelson Foundation reported a deficit of $8K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $60K | $68K | $1.2M | $1 | — | — |
| 2022 | $45K | $91K | $1.2M | $1 | — | View 990 |
| 2021 | $75K | $76K | $1.4M | $1 | — | — |
| 2020 | $52K | $50K | $1.4M | $1 | — | View 990 |
| 2019 | $-8,105 | $66K | $1.3M | $0 | — | View 990 |
| 2015 | $43K | $123K | $1.2M | $0 | — | View 990 |
| 2014 | $49K | $138K | $1.4M | $0 | — | View 990 |
| 2013 | $26K | $75K | $1.6M | $0 | — | View 990 |
| 2012 | $70K | $47K | $1.6M | $0 | — | View 990 |
| 2011 | $24K | $50K | $1.6M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $60K, expenses of $68K, and assets of $1.2M (revenue +33.4% year-over-year).
- 2022: Revenue of $45K, expenses of $91K, and assets of $1.2M (revenue -39.8% year-over-year).
- 2021: Revenue of $75K, expenses of $76K, and assets of $1.4M (revenue +44.9% year-over-year).
- 2020: Revenue of $52K, expenses of $50K, and assets of $1.4M.
- 2019: Revenue of $-8,105, expenses of $66K, and assets of $1.3M (revenue -118.9% year-over-year).
- 2015: Revenue of $43K, expenses of $123K, and assets of $1.2M (revenue -12.9% year-over-year).
- 2014: Revenue of $49K, expenses of $138K, and assets of $1.4M (revenue +92.8% year-over-year).
- 2013: Revenue of $26K, expenses of $75K, and assets of $1.6M (revenue -63.7% year-over-year).
- 2012: Revenue of $70K, expenses of $47K, and assets of $1.6M (revenue +195.0% year-over-year).
- 2011: Revenue of $24K, expenses of $50K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Peter H Michaelson Foundation:
Data Sources and Methodology
This transparency report for Peter H Michaelson 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.