Portland Christian School System Inc
Portland Christian School System Inc shows strong financial growth and zero reported officer compensation.
EIN: 202918651 · Louisville, KY · NTEE: B20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $7.8M |
| Total Expenses | $7.0M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $13.5 |
| Net Assets | $13.1M |
| Transparency Score | 92/100 |
Is Portland Christian School System Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Portland Christian School System Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Portland Christian School System Inc
Portland Christian School System Inc (EIN: 202918651) is a nonprofit organization based in Louisville, KY, classified under NTEE code B20. The organization reported total revenue of $7.8M and total assets of $15.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Portland Christian School System Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Portland Christian School System Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 15.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13.5M |
| Total Expenses | $7.0M |
| Surplus / Deficit | +$6.5M |
| Total Assets | $15.1M |
| Total Liabilities | $2.0M |
| Net Assets | $13.1M |
| Operating Margin | 48.3% |
| Debt-to-Asset Ratio | 13.4% |
| Months of Reserves | 25.9 months |
Financial Health Grade: A
In 2023, Portland Christian School System Inc reported a surplus of $6.5M with revenue exceeding expenses, holds 25.9 months of operating reserves (strong position), has a debt-to-asset ratio of 13.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Portland Christian School System Inc's revenue has grown at a compound annual growth rate (CAGR) of 15.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +61.1% | +23.5% | +37.8% |
| 2022 | +41.3% | +17.0% | +26.5% |
| 2021 | +31.5% | +1.7% | +18.2% |
| 2020 | -4.3% | -4.9% | +0.8% |
| 2019 | +14.0% | +8.4% | -4.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2006 |
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 Christian School System Inc with a Mission Score of 92 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Portland Christian School System Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $6.5M, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.4%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization of this size with $13.5 million in revenue.
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 Christian School System Inc's IRS 990 filings:
- Unusually low reported liabilities relative to assets in recent years, which could warrant further investigation into financial structure.
- The consistent 0% officer compensation, while positive for transparency, is highly unusual for an organization with over $13 million in revenue and could suggest compensation is reported under other categories or through related entities not immediately apparent.
Strengths
The following positive indicators were identified for Portland Christian School System Inc:
- Strong revenue growth, increasing from $3.45M in 201406 to $13.5M in 202306.
- Significant financial surplus in the latest reporting period (202306), with revenue of $13,519,638 exceeding expenses of $6,987,499.
- Consistent reporting of 0% officer compensation across all 13 filings, indicating a strong commitment to directing funds to the mission.
- Healthy asset accumulation, with assets growing to $15,085,430 in 202306.
- Strong solvency with assets significantly outweighing liabilities ($15,085,430 vs $2,015,452 in 202306).
Frequently Asked Questions about Portland Christian School System Inc
Is Portland Christian School System Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Portland Christian School System Inc (EIN: 202918651) some concerns. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
How does Portland Christian School System Inc spend its money?
Portland Christian School System Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Portland Christian School System Inc tax-deductible?
Portland Christian School System Inc is registered as a tax-exempt nonprofit (EIN: 202918651). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Portland Christian School System Inc CEO make?
Portland Christian School System Inc's highest-compensated officer earns $13.5 annually. The organization reported $7.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Portland Christian School System Inc's spending goes to programs?
Portland Christian School System Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Portland Christian School System Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Portland Christian School System Inc is above average for NTEE category B20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Portland Christian School System Inc located?
Portland Christian School System Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 202918651. It is classified under NTEE code B20.
How many years of IRS 990 filings does Portland Christian School System Inc have?
Portland Christian School System Inc 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 $7.8M in total revenue.
Is Portland Christian School System Inc financially stable?
Yes, the organization appears financially stable. In 202306, revenue was $13,519,638 against expenses of $6,987,499, resulting in a significant surplus. Assets have also grown consistently, reaching $15,085,430 in 202306, far exceeding liabilities of $2,015,452.
How has Portland Christian School System Inc's revenue changed over time?
Portland Christian School System Inc has experienced substantial revenue growth, increasing from $3,450,998 in 201406 to $13,519,638 in 202306, demonstrating a strong upward trend.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation across all 13 available filings, indicating that no officers received salaries from the organization, which is a highly transparent and mission-focused approach.
Are the organization's assets growing?
Yes, the organization's assets have shown consistent growth, increasing from $7,324,811 in 202006 to $15,085,430 in 202306.
Filing History
IRS 990 filing history for Portland Christian School System Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Portland Christian School System Inc's revenue has grown by 472.1%, moving from $2.4M to $13.5M. Total assets increased by 104.7% over the same period, from $7.4M to $15.1M. Total functional expenses rose by 183.7%, from $2.5M to $7.0M. In its most recent filing year (2023), Portland Christian School System Inc reported a surplus of $6.5M, with revenue exceeding expenses. The organization holds $2.0M in liabilities against $15.1M in assets (debt-to-asset ratio: 13.4%), resulting in net assets of $13.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13.5M | $7.0M | $15.1M | $2.0M | — | — |
| 2022 | $8.4M | $5.7M | $10.9M | $4.4M | — | View 990 |
| 2021 | $5.9M | $4.8M | $8.7M | $4.8M | — | View 990 |
| 2020 | $4.5M | $4.8M | $7.3M | $4.6M | — | View 990 |
| 2019 | $4.7M | $5.0M | $7.3M | $4.3M | — | View 990 |
| 2018 | $4.1M | $4.6M | $7.6M | $4.4M | — | View 990 |
| 2017 | $5.3M | $4.2M | $8.0M | $4.2M | — | View 990 |
| 2016 | $4.0M | $3.9M | $8.9M | $4.1M | — | View 990 |
| 2015 | $3.8M | $3.9M | $9.0M | $4.2M | — | View 990 |
| 2014 | $3.5M | $3.8M | $9.9M | $5.0M | — | View 990 |
| 2013 | $3.8M | $4.0M | $10.3M | $5.0M | — | View 990 |
| 2012 | $3.9M | $3.5M | $10.9M | $4.6M | — | View 990 |
| 2011 | $2.4M | $2.5M | $7.4M | $1.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13.5M, expenses of $7.0M, and assets of $15.1M (revenue +61.1% year-over-year).
- 2022: Revenue of $8.4M, expenses of $5.7M, and assets of $10.9M (revenue +41.3% year-over-year).
- 2021: Revenue of $5.9M, expenses of $4.8M, and assets of $8.7M (revenue +31.5% year-over-year).
- 2020: Revenue of $4.5M, expenses of $4.8M, and assets of $7.3M (revenue -4.3% year-over-year).
- 2019: Revenue of $4.7M, expenses of $5.0M, and assets of $7.3M (revenue +14.0% year-over-year).
- 2018: Revenue of $4.1M, expenses of $4.6M, and assets of $7.6M (revenue -21.9% year-over-year).
- 2017: Revenue of $5.3M, expenses of $4.2M, and assets of $8.0M (revenue +33.6% year-over-year).
- 2016: Revenue of $4.0M, expenses of $3.9M, and assets of $8.9M (revenue +3.5% year-over-year).
- 2015: Revenue of $3.8M, expenses of $3.9M, and assets of $9.0M (revenue +11.0% year-over-year).
- 2014: Revenue of $3.5M, expenses of $3.8M, and assets of $9.9M (revenue -8.5% year-over-year).
- 2013: Revenue of $3.8M, expenses of $4.0M, and assets of $10.3M (revenue -4.2% year-over-year).
- 2012: Revenue of $3.9M, expenses of $3.5M, and assets of $10.9M (revenue +66.6% year-over-year).
- 2011: Revenue of $2.4M, expenses of $2.5M, and assets of $7.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Portland Christian School System Inc:
Data Sources and Methodology
This transparency report for Portland Christian School System 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.