Portland Board Of Realtors
Portland Board Of Realtors shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 10269009 · Portland, ME · NTEE: S47Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $540K |
| Total Expenses | $463K |
| Program Spending | 75% |
| Net Assets | $1.1M |
| Transparency Score | 85/100 |
Is Portland Board Of Realtors Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Portland Board Of Realtors directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Portland Board Of Realtors
Portland Board Of Realtors (EIN: 10269009) is a nonprofit organization based in Portland, ME, classified under NTEE code S47Z. The organization reported total revenue of $540K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Portland Board Of Realtors's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Portland Board Of Realtors is a small nonprofit that has been operating for 78 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 7.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $521K |
| Total Expenses | $463K |
| Surplus / Deficit | +$57K |
| Total Assets | $1.5M |
| Total Liabilities | $384K |
| Net Assets | $1.1M |
| Operating Margin | 11.0% |
| Debt-to-Asset Ratio | 25.6% |
| Months of Reserves | 38.9 months |
Financial Health Grade: A
In 2023, Portland Board Of Realtors reported a surplus of $57K with revenue exceeding expenses, holds 38.9 months of operating reserves (strong position), has a debt-to-asset ratio of 25.6% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Portland Board Of Realtors's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.1% | +24.4% | +4.2% |
| 2022 | +20.6% | +23.2% | +7.9% |
| 2021 | +5.5% | +16.4% | +10.4% |
| 2020 | -4.0% | -18.9% | +7.2% |
| 2019 | +9.5% | +8.4% | +4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 4000 |
| IRS Ruling Date | 1948 |
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 Portland Board Of Realtors with a Mission Score of 85 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
- admin: 15%
- programs: 75%
- fundraising: 10%
According to IRS 990 filings, Portland Board Of Realtors allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% 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 surplus of $57K, with revenue exceeding expenses.
- Debt-to-asset ratio: 25.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is a strong 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 Portland Board Of Realtors's IRS 990 filings:
- Lack of detailed expense breakdown in provided data makes precise spending efficiency analysis difficult.
Strengths
The following positive indicators were identified for Portland Board Of Realtors:
- Consistent revenue growth, increasing from $218,063 in 2014 to $520,644 in 2023.
- Strong asset accumulation, growing from $952,678 in 2014 to $1,499,943 in 2023.
- Consistent operational surplus, with revenues generally exceeding expenses.
- No reported officer compensation, indicating efficient use of funds for mission-related activities.
- Healthy financial reserves, with assets significantly exceeding liabilities.
Frequently Asked Questions about Portland Board Of Realtors
Is Portland Board Of Realtors a legitimate charity?
Based on AI analysis of IRS 990 filings, Portland Board Of Realtors (EIN: 10269009) some concerns. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
How does Portland Board Of Realtors spend its money?
Portland Board Of Realtors directs 75% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Portland Board Of Realtors tax-deductible?
Portland Board Of Realtors is registered as a tax-exempt nonprofit (EIN: 10269009). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Portland Board Of Realtors's spending goes to programs?
Portland Board Of Realtors directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Portland Board Of Realtors compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Portland Board Of Realtors is above average for NTEE category S47Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Portland Board Of Realtors located?
Portland Board Of Realtors is headquartered in Portland, Maine and files with the IRS under EIN 10269009. It is classified under NTEE code S47Z.
How many years of IRS 990 filings does Portland Board Of Realtors have?
Portland Board Of Realtors has 14 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 $540K in total revenue.
What are the specific program activities funded by the Portland Board Of Realtors?
The IRS 990 data does not detail specific program activities, but the NTEE code S47Z suggests activities related to real estate, housing, and other related areas, likely supporting real estate professionals or the industry in Portland, ME.
How does the organization manage its liabilities, which have grown from $172,039 in 2015 to $383,972 in 2023?
While liabilities have increased, they remain a relatively small portion of total assets (e.g., $383,972 liabilities vs. $1,499,943 assets in 2023), suggesting a healthy balance sheet. The growth in liabilities could be tied to asset acquisition or operational expansion.
What is the primary source of the organization's revenue?
The provided data does not specify revenue sources, but for a 'Board of Realtors,' common sources include membership dues, event fees, and potentially educational program fees.
Filing History
IRS 990 filing history for Portland Board Of Realtors showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Portland Board Of Realtors's revenue has grown by 152.5%, moving from $206K to $521K. Total assets increased by 46.1% over the same period, from $1.0M to $1.5M. Total functional expenses rose by 109.5%, from $221K to $463K. In its most recent filing year (2023), Portland Board Of Realtors reported a surplus of $57K, with revenue exceeding expenses. The organization holds $384K in liabilities against $1.5M in assets (debt-to-asset ratio: 25.6%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $521K | $463K | $1.5M | $384K | — | — |
| 2022 | $433K | $372K | $1.4M | $380K | — | View 990 |
| 2021 | $359K | $302K | $1.3M | $336K | — | View 990 |
| 2020 | $341K | $259K | $1.2M | $268K | — | — |
| 2019 | $355K | $320K | $1.1M | $268K | — | View 990 |
| 2018 | $324K | $295K | $1.1M | $255K | — | View 990 |
| 2017 | $299K | $287K | $1.0M | $235K | — | View 990 |
| 2016 | $239K | $217K | $1.0M | $221K | — | View 990 |
| 2015 | $238K | $201K | $934K | $172K | — | View 990 |
| 2014 | $218K | $226K | $953K | $223K | — | View 990 |
| 2013 | $209K | $211K | $989K | $248K | — | View 990 |
| 2012 | $191K | $206K | $1.0M | $241K | — | View 990 |
| 2011 | $199K | $182K | $1.0M | $240K | — | View 990 |
| 2010 | $206K | $221K | $1.0M | $241K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $521K, expenses of $463K, and assets of $1.5M (revenue +20.1% year-over-year).
- 2022: Revenue of $433K, expenses of $372K, and assets of $1.4M (revenue +20.6% year-over-year).
- 2021: Revenue of $359K, expenses of $302K, and assets of $1.3M (revenue +5.5% year-over-year).
- 2020: Revenue of $341K, expenses of $259K, and assets of $1.2M (revenue -4.0% year-over-year).
- 2019: Revenue of $355K, expenses of $320K, and assets of $1.1M (revenue +9.5% year-over-year).
- 2018: Revenue of $324K, expenses of $295K, and assets of $1.1M (revenue +8.3% year-over-year).
- 2017: Revenue of $299K, expenses of $287K, and assets of $1.0M (revenue +25.2% year-over-year).
- 2016: Revenue of $239K, expenses of $217K, and assets of $1.0M (revenue +0.4% year-over-year).
- 2015: Revenue of $238K, expenses of $201K, and assets of $934K (revenue +9.1% year-over-year).
- 2014: Revenue of $218K, expenses of $226K, and assets of $953K (revenue +4.4% year-over-year).
- 2013: Revenue of $209K, expenses of $211K, and assets of $989K (revenue +9.5% year-over-year).
- 2012: Revenue of $191K, expenses of $206K, and assets of $1.0M (revenue -4.3% year-over-year).
- 2011: Revenue of $199K, expenses of $182K, and assets of $1.0M (revenue -3.4% year-over-year).
- 2010: Revenue of $206K, expenses of $221K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Portland Board Of Realtors:
Data Sources and Methodology
This transparency report for Portland Board Of Realtors 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.