Portland Trails
Portland Trails shows consistent asset growth and zero officer compensation, with a recent deficit in 2023.
EIN: 10463028 · Portland, ME · NTEE: C30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $853K |
| Total Expenses | $816K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $1.8M |
| Transparency Score | 88/100 |
Is Portland Trails Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Portland Trails directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Portland Trails
Portland Trails (EIN: 10463028) is a nonprofit organization based in Portland, ME, classified under NTEE code C30. The organization reported total revenue of $853K and total assets of $1.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Portland Trails's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Portland Trails is a small nonprofit that has been operating for 34 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $756K |
| Total Expenses | $816K |
| Surplus / Deficit | $-59,694 |
| Total Assets | $2.0M |
| Total Liabilities | $147K |
| Net Assets | $1.8M |
| Operating Margin | -7.9% |
| Debt-to-Asset Ratio | 7.5% |
| Months of Reserves | 29.0 months |
Financial Health Grade: B
In 2023, Portland Trails reported a deficit of $60K with expenses exceeding revenue, holds 29.0 months of operating reserves (strong position), has a debt-to-asset ratio of 7.5% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Portland Trails's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.4% | +28.5% | +4.1% |
| 2022 | -4.0% | +19.3% | -0.2% |
| 2021 | +17.9% | +11.3% | +13.6% |
| 2020 | +4.7% | +1.6% | +17.2% |
| 2019 | +31.3% | -1.2% | +13.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Trails with a Mission Score of 88 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: 80%
- fundraising: 5%
According to IRS 990 filings, Portland Trails allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $60K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.5%.
Executive Compensation Analysis
Portland Trails consistently reports 0% officer compensation across all available filings, indicating that no officers received reportable compensation from the organization. This is a strong positive indicator of financial efficiency and a commitment to directing resources to programmatic activities rather than executive salaries, especially for an organization with nearly $2 million in assets.
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 Trails's IRS 990 filings:
- Expenses exceeded revenue in the latest 2023 filing, resulting in a deficit for that year.
Strengths
The following positive indicators were identified for Portland Trails:
- Consistent asset growth, reaching $1,972,625 in 2023.
- Zero reported officer compensation across all filings, indicating high efficiency.
- Low liabilities relative to assets, demonstrating strong financial stability.
- Steady revenue growth over the past decade, from $489,773 in 2014 to $755,898 in 2023.
Frequently Asked Questions about Portland Trails
Is Portland Trails a legitimate charity?
Based on AI analysis of IRS 990 filings, Portland Trails (EIN: 10463028) some concerns. Mission Score: 88/100. 1 red flag identified, 4 strengths noted.
How does Portland Trails spend its money?
Portland Trails directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Portland Trails tax-deductible?
Portland Trails is registered as a tax-exempt nonprofit (EIN: 10463028). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Portland Trails CEO make?
Portland Trails's highest-compensated officer earns $2 annually. The organization reported $853K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Portland Trails's spending goes to programs?
Portland Trails directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Portland Trails compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), Portland Trails is above average for NTEE category C30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Portland Trails located?
Portland Trails is headquartered in Portland, Maine and files with the IRS under EIN 10463028. It is classified under NTEE code C30.
How many years of IRS 990 filings does Portland Trails have?
Portland Trails 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 $853K in total revenue.
Is Portland Trails a good charity?
Based on its consistent asset growth, low liabilities, and zero reported officer compensation, Portland Trails appears to be a well-managed and efficient charity. The organization's financial health has generally improved over the past decade, and its commitment to transparency regarding executive pay is commendable.
What caused the deficit in 2023?
In 2023, Portland Trails reported expenses of $815,592 against revenues of $755,898, resulting in a deficit. Without further detail from the filing, it's not possible to pinpoint the exact cause, but it could be due to increased program activities, one-time capital expenditures, or a temporary dip in fundraising for that specific year. Given the overall positive financial trend, this may be an isolated event.
How has Portland Trails' financial health changed over time?
Portland Trails has shown significant financial growth and stability over the past decade. Revenue increased from $489,773 in 2014 to $755,898 in 2023, and assets grew from $1,189,557 to $1,972,625 in the same period. Liabilities have remained relatively low, indicating prudent financial management.
Filing History
IRS 990 filing history for Portland Trails showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Portland Trails's revenue has grown by 66.8%, moving from $453K to $756K. Total assets increased by 100% over the same period, from $986K to $2.0M. Total functional expenses rose by 98.3%, from $411K to $816K. In its most recent filing year (2023), Portland Trails reported a deficit of $60K, with expenses exceeding revenue. The organization holds $147K in liabilities against $2.0M in assets (debt-to-asset ratio: 7.5%), resulting in net assets of $1.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $756K | $816K | $2.0M | $147K | — | — |
| 2022 | $691K | $634K | $1.9M | $62K | — | View 990 |
| 2021 | $720K | $532K | $1.9M | $23K | — | View 990 |
| 2020 | $611K | $478K | $1.7M | $77K | — | — |
| 2019 | $583K | $470K | $1.4M | $17K | — | View 990 |
| 2018 | $444K | $476K | $1.3M | $15K | — | View 990 |
| 2017 | $497K | $519K | $1.3M | $20K | — | — |
| 2016 | $471K | $464K | $1.3M | $23K | — | View 990 |
| 2015 | $450K | $361K | $1.3M | $12K | — | View 990 |
| 2014 | $490K | $423K | $1.2M | $22K | — | View 990 |
| 2013 | $483K | $376K | $1.1M | $10K | — | View 990 |
| 2012 | $398K | $432K | $975K | $21K | — | View 990 |
| 2011 | $453K | $411K | $986K | $19K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $756K, expenses of $816K, and assets of $2.0M (revenue +9.4% year-over-year).
- 2022: Revenue of $691K, expenses of $634K, and assets of $1.9M (revenue -4.0% year-over-year).
- 2021: Revenue of $720K, expenses of $532K, and assets of $1.9M (revenue +17.9% year-over-year).
- 2020: Revenue of $611K, expenses of $478K, and assets of $1.7M (revenue +4.7% year-over-year).
- 2019: Revenue of $583K, expenses of $470K, and assets of $1.4M (revenue +31.3% year-over-year).
- 2018: Revenue of $444K, expenses of $476K, and assets of $1.3M (revenue -10.6% year-over-year).
- 2017: Revenue of $497K, expenses of $519K, and assets of $1.3M (revenue +5.5% year-over-year).
- 2016: Revenue of $471K, expenses of $464K, and assets of $1.3M (revenue +4.6% year-over-year).
- 2015: Revenue of $450K, expenses of $361K, and assets of $1.3M (revenue -8.1% year-over-year).
- 2014: Revenue of $490K, expenses of $423K, and assets of $1.2M (revenue +1.5% year-over-year).
- 2013: Revenue of $483K, expenses of $376K, and assets of $1.1M (revenue +21.3% year-over-year).
- 2012: Revenue of $398K, expenses of $432K, and assets of $975K (revenue -12.2% year-over-year).
- 2011: Revenue of $453K, expenses of $411K, and assets of $986K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Portland Trails:
Data Sources and Methodology
This transparency report for Portland Trails 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.