Portland Fashion Institute
EIN: 365051224 · Portland, OR · NTEE: B40
| Metric | Value |
|---|---|
| Total Revenue | $650K |
| Total Expenses | $398K |
| Net Assets | $251K |
Is Portland Fashion Institute Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Portland Fashion Institute
Portland Fashion Institute (EIN: 365051224) is a nonprofit organization based in Portland, OR, classified under NTEE code B40. The organization reported total revenue of $650K and total assets of $559K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Portland Fashion Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Portland Fashion Institute is a small nonprofit that has been operating for 3 years, with 2 years of IRS 990 filings on record (2022–2023). Revenue has grown at a compound annual rate of 5.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $522K |
| Total Expenses | $398K |
| Surplus / Deficit | +$124K |
| Total Assets | $260K |
| Total Liabilities | $9K |
| Net Assets | $251K |
| Operating Margin | 23.7% |
| Debt-to-Asset Ratio | 3.4% |
| Months of Reserves | 7.8 months |
Financial Health Grade: A
In 2023, Portland Fashion Institute reported a surplus of $124K with revenue exceeding expenses, holds 7.8 months of operating reserves (strong position), has a debt-to-asset ratio of 3.4% (very low leverage).
Financial Trends
Over 2 years of filings (2022–2023), Portland Fashion Institute's revenue has grown at a compound annual growth rate (CAGR) of 5.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +5.4% | +8.2% | +79.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2023 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Portland Fashion Institute 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 Portland Fashion Institute 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 $124K, with revenue exceeding expenses.
- Debt-to-asset ratio: 3.4%.
Frequently Asked Questions about Portland Fashion Institute
Is Portland Fashion Institute a legitimate charity?
Portland Fashion Institute (EIN: 365051224) is a registered tax-exempt nonprofit based in Oregon. It has 2 years of IRS 990 filings on record. Total revenue: $650K. No red flags identified. Financial health grade: A.
How does Portland Fashion Institute spend its money?
Portland Fashion Institute reported $650K in total revenue in IRS 990 filings. 2 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Portland Fashion Institute tax-deductible?
Portland Fashion Institute is registered as a tax-exempt nonprofit (EIN: 365051224). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Portland Fashion Institute located?
Portland Fashion Institute is headquartered in Portland, Oregon and files with the IRS under EIN 365051224. It is classified under NTEE code B40.
How many years of IRS 990 filings does Portland Fashion Institute have?
Portland Fashion Institute has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $650K in total revenue.
Filing History
IRS 990 filing history for Portland Fashion Institute showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2022–2023), Portland Fashion Institute's revenue has grown by 5.4%, moving from $495K to $522K. Total assets increased by 79.7% over the same period, from $145K to $260K. Total functional expenses rose by 8.2%, from $368K to $398K. In its most recent filing year (2023), Portland Fashion Institute reported a surplus of $124K, with revenue exceeding expenses. The organization holds $9K in liabilities against $260K in assets (debt-to-asset ratio: 3.4%), resulting in net assets of $251K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $522K | $398K | $260K | $9K | — | — |
| 2022 | $495K | $368K | $145K | $17K | — | — |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Portland Fashion Institute:
Data Sources and Methodology
This transparency report for Portland Fashion Institute 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.