Portland Boathouse
Portland Boathouse operates with fluctuating revenues and expenses, showing recent deficits but maintaining stable assets and no officer compensation.
EIN: 200358880 · Portland, OR · NTEE: B60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $116K |
| Total Expenses | $125K |
| Program Spending | 85% |
| Net Assets | $219K |
| Transparency Score | 75/100 |
Is Portland Boathouse Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Portland Boathouse directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Portland Boathouse
Portland Boathouse (EIN: 200358880) is a nonprofit organization based in Portland, OR, classified under NTEE code B60. The organization reported total revenue of $116K and total assets of $219K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Portland Boathouse's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Portland Boathouse is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $110K |
| Total Expenses | $125K |
| Surplus / Deficit | $-14,873 |
| Total Assets | $219K |
| Net Assets | $219K |
| Operating Margin | -13.5% |
| Months of Reserves | 21.0 months |
Financial Health Grade: B
In 2023, Portland Boathouse reported a deficit of $15K with expenses exceeding revenue, holds 21.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Portland Boathouse's revenue has declined at a compound annual growth rate (CAGR) of -1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.2% | -4.1% | -8.3% |
| 2022 | -35.3% | +23.8% | -3.7% |
| 2021 | +2.4% | -47.0% | +37.8% |
| 2020 | +12.0% | -18.8% | -11.6% |
| 2019 | -2.9% | +82.3% | -30.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| 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 Portland Boathouse 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Portland Boathouse allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $15K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is likely volunteer-based, which is highly efficient for a nonprofit of this 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 Portland Boathouse's IRS 990 filings:
- Recent periods show expenses exceeding revenue (e.g., 202312 and 202212), which if sustained, could impact long-term financial health.
Strengths
The following positive indicators were identified for Portland Boathouse:
- Consistent IRS 990 filing history (13 filings) demonstrates strong transparency.
- Zero officer compensation across all reported periods indicates efficient use of funds and volunteer leadership.
- Stable asset base ($219,368 in 202312) with minimal to no liabilities ($0 in 202312) suggests financial prudence.
- Long operational history with consistent revenue generation.
Frequently Asked Questions about Portland Boathouse
Is Portland Boathouse a legitimate charity?
Portland Boathouse (EIN: 200358880) is a registered tax-exempt nonprofit based in Oregon. Our AI analysis gives it a Mission Score of 75/100. It has 13 years of IRS 990 filings on record. Total revenue: $116K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Portland Boathouse spend its money?
Portland Boathouse directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Portland Boathouse tax-deductible?
Portland Boathouse is registered as a tax-exempt nonprofit (EIN: 200358880). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Portland Boathouse's spending goes to programs?
Portland Boathouse directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Portland Boathouse compare to similar nonprofits?
With a transparency score of 75/100 (Good), Portland Boathouse is above average for NTEE category B60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Portland Boathouse located?
Portland Boathouse is headquartered in Portland, Oregon and files with the IRS under EIN 200358880. It is classified under NTEE code B60.
How many years of IRS 990 filings does Portland Boathouse have?
Portland Boathouse has 13 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 $116K in total revenue.
Is Portland Boathouse a good charity?
Portland Boathouse appears to be a good charity, particularly due to its consistent reporting, stable asset base, and the fact that no officer compensation has been reported across all 13 filings, suggesting a high dedication of resources to its mission rather than administrative overhead.
Why are expenses sometimes higher than revenue?
The organization has experienced periods where expenses exceeded revenue, such as in 202312 (expenses $125,207 vs. revenue $110,334) and 202212 (expenses $130,593 vs. revenue $116,398). This could be due to strategic investments, timing of grants, or temporary operational costs, which are not uncommon for smaller nonprofits.
How does the lack of officer compensation impact the organization?
The consistent 0% officer compensation across all filings significantly reduces administrative overhead, allowing a greater proportion of funds to be directed towards program activities. This indicates a highly dedicated, likely volunteer, leadership structure.
What is the trend in Portland Boathouse's financial stability?
While revenue and expenses fluctuate, the organization's assets have remained relatively stable, ranging from $180,307 to $293,757 over the years, and liabilities are consistently low or zero, indicating a generally stable financial position despite periodic operational deficits.
Filing History
IRS 990 filing history for Portland Boathouse showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Portland Boathouse's revenue has declined by 13.2%, moving from $127K to $110K. Total assets increased by 10.1% over the same period, from $199K to $219K. Total functional expenses rose by 37.5%, from $91K to $125K. In its most recent filing year (2023), Portland Boathouse reported a deficit of $15K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $110K | $125K | $219K | $0 | — | — |
| 2022 | $116K | $131K | $239K | $5K | — | View 990 |
| 2021 | $180K | $106K | $248K | $0 | — | View 990 |
| 2020 | $176K | $199K | $180K | $6K | — | View 990 |
| 2019 | $157K | $245K | $204K | $6K | — | View 990 |
| 2018 | $161K | $135K | $294K | $7K | — | View 990 |
| 2017 | $126K | $124K | $267K | $7K | — | View 990 |
| 2016 | $142K | $112K | $264K | $7K | — | View 990 |
| 2015 | $123K | $118K | $235K | $7K | — | View 990 |
| 2014 | $109K | $108K | $230K | $7K | — | View 990 |
| 2013 | $113K | $101K | $230K | $7K | — | View 990 |
| 2012 | $115K | $96K | $218K | $7K | — | View 990 |
| 2011 | $127K | $91K | $199K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $110K, expenses of $125K, and assets of $219K (revenue -5.2% year-over-year).
- 2022: Revenue of $116K, expenses of $131K, and assets of $239K (revenue -35.3% year-over-year).
- 2021: Revenue of $180K, expenses of $106K, and assets of $248K (revenue +2.4% year-over-year).
- 2020: Revenue of $176K, expenses of $199K, and assets of $180K (revenue +12.0% year-over-year).
- 2019: Revenue of $157K, expenses of $245K, and assets of $204K (revenue -2.9% year-over-year).
- 2018: Revenue of $161K, expenses of $135K, and assets of $294K (revenue +27.9% year-over-year).
- 2017: Revenue of $126K, expenses of $124K, and assets of $267K (revenue -11.1% year-over-year).
- 2016: Revenue of $142K, expenses of $112K, and assets of $264K (revenue +15.9% year-over-year).
- 2015: Revenue of $123K, expenses of $118K, and assets of $235K (revenue +12.9% year-over-year).
- 2014: Revenue of $109K, expenses of $108K, and assets of $230K (revenue -3.7% year-over-year).
- 2013: Revenue of $113K, expenses of $101K, and assets of $230K (revenue -1.9% year-over-year).
- 2012: Revenue of $115K, expenses of $96K, and assets of $218K (revenue -9.7% year-over-year).
- 2011: Revenue of $127K, expenses of $91K, and assets of $199K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Portland Boathouse:
Data Sources and Methodology
This transparency report for Portland Boathouse 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.