Portal Foster Center Inc
EIN: 391053697 · Madison, WI · NTEE: L99
| Metric | Value |
|---|---|
| Total Revenue | $125K |
| Total Expenses | $85K |
| Net Assets | $922K |
Is Portal Foster Center Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Portal Foster Center Inc
Portal Foster Center Inc (EIN: 391053697) is a nonprofit organization based in Madison, WI, classified under NTEE code L99. The organization reported total revenue of $125K and total assets of $947K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Portal Foster Center Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Portal Foster Center Inc is a small nonprofit that has been operating for 6 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $107K |
| Total Expenses | $85K |
| Surplus / Deficit | +$22K |
| Total Assets | $934K |
| Total Liabilities | $12K |
| Net Assets | $922K |
| Operating Margin | 20.3% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 131.3 months |
Financial Health Grade: A
In 2023, Portal Foster Center Inc reported a surplus of $22K with revenue exceeding expenses, holds 131.3 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), Portal Foster Center Inc's revenue has declined at a compound annual growth rate (CAGR) of -0.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.6% | +17.1% | -1.3% |
| 2022 | +1.4% | +5.0% | +1.8% |
| 2021 | -6.8% | -8.7% | +2.2% |
| 2020 | +8.8% | +1.3% | -2.3% |
| 2019 | -14.7% | -29.2% | -8.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Portal Foster Center Inc 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 Portal Foster Center Inc 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $22K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.3%.
Frequently Asked Questions about Portal Foster Center Inc
Is Portal Foster Center Inc a legitimate charity?
Portal Foster Center Inc (EIN: 391053697) is a registered tax-exempt nonprofit based in Wisconsin. It has 12 years of IRS 990 filings on record. Total revenue: $125K. No red flags identified. Financial health grade: A.
How does Portal Foster Center Inc spend its money?
Portal Foster Center Inc reported $125K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Portal Foster Center Inc tax-deductible?
Portal Foster Center Inc is registered as a tax-exempt nonprofit (EIN: 391053697). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Portal Foster Center Inc located?
Portal Foster Center Inc is headquartered in Madison, Wisconsin and files with the IRS under EIN 391053697. It is classified under NTEE code L99.
How many years of IRS 990 filings does Portal Foster Center Inc have?
Portal Foster Center Inc has 12 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 $125K in total revenue.
Filing History
IRS 990 filing history for Portal Foster Center Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), Portal Foster Center Inc's revenue has declined by 7.7%, moving from $116K to $107K. Total assets decreased by 0.1% over the same period, from $935K to $934K. Total functional expenses fell by 28.4%, from $119K to $85K. In its most recent filing year (2023), Portal Foster Center Inc reported a surplus of $22K, with revenue exceeding expenses. The organization holds $12K in liabilities against $934K in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $922K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $107K | $85K | $934K | $12K | — | — |
| 2022 | $106K | $73K | $947K | $29K | — | View 990 |
| 2021 | $105K | $69K | $930K | $42K | — | — |
| 2020 | $113K | $76K | $910K | $53K | — | View 990 |
| 2019 | $103K | $75K | $931K | $109K | — | View 990 |
| 2017 | $121K | $106K | $1.0M | $344K | — | View 990 |
| 2016 | $219K | $109K | $1.0M | $373K | — | View 990 |
| 2015 | $130K | $113K | $1.1M | $578K | — | View 990 |
| 2014 | $118K | $100K | $891K | $356K | — | View 990 |
| 2013 | $115K | $112K | $893K | $374K | — | View 990 |
| 2012 | $110K | $124K | $905K | $389K | — | View 990 |
| 2011 | $116K | $119K | $935K | $405K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $107K, expenses of $85K, and assets of $934K (revenue +0.6% year-over-year).
- 2022: Revenue of $106K, expenses of $73K, and assets of $947K (revenue +1.4% year-over-year).
- 2021: Revenue of $105K, expenses of $69K, and assets of $930K (revenue -6.8% year-over-year).
- 2020: Revenue of $113K, expenses of $76K, and assets of $910K (revenue +8.8% year-over-year).
- 2019: Revenue of $103K, expenses of $75K, and assets of $931K (revenue -14.7% year-over-year).
- 2017: Revenue of $121K, expenses of $106K, and assets of $1.0M (revenue -44.6% year-over-year).
- 2016: Revenue of $219K, expenses of $109K, and assets of $1.0M (revenue +67.8% year-over-year).
- 2015: Revenue of $130K, expenses of $113K, and assets of $1.1M (revenue +10.7% year-over-year).
- 2014: Revenue of $118K, expenses of $100K, and assets of $891K (revenue +2.2% year-over-year).
- 2013: Revenue of $115K, expenses of $112K, and assets of $893K (revenue +4.9% year-over-year).
- 2012: Revenue of $110K, expenses of $124K, and assets of $905K (revenue -5.3% year-over-year).
- 2011: Revenue of $116K, expenses of $119K, and assets of $935K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Portal Foster Center Inc:
Data Sources and Methodology
This transparency report for Portal Foster Center Inc 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.