Robert J And Leona Dearmond Public Foundation
EIN: 272459165 · Portland, OR · NTEE: T122
| Metric | Value |
|---|---|
| Total Revenue | $6.5M |
| Total Expenses | $806K |
| Net Assets | $10.7M |
Is Robert J And Leona Dearmond Public Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Robert J And Leona Dearmond Public Foundation
Robert J And Leona Dearmond Public Foundation (EIN: 272459165) is a nonprofit organization based in Portland, OR, classified under NTEE code T122. The organization reported total revenue of $6.5M and total assets of $15.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Robert J And Leona Dearmond Public Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Robert J And Leona Dearmond Public Foundation is a mid-size nonprofit that has been operating for 15 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 39.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $804K |
| Total Expenses | $806K |
| Surplus / Deficit | $-2,754 |
| Total Assets | $15.2M |
| Total Liabilities | $4.5M |
| Net Assets | $10.7M |
| Operating Margin | -0.3% |
| Debt-to-Asset Ratio | 29.7% |
| Months of Reserves | 226.9 months |
Financial Health Grade: B
In 2023, Robert J And Leona Dearmond Public Foundation reported a deficit of $3K with expenses exceeding revenue, holds 226.9 months of operating reserves (strong position), has a debt-to-asset ratio of 29.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Robert J And Leona Dearmond Public Foundation's revenue has grown at a compound annual growth rate (CAGR) of 39.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -95.7% | -86.1% | -25.3% |
| 2022 | +14393.8% | +703.4% | +792.6% |
| 2020 | -123.3% | +44.3% | -5.2% |
| 2019 | -95.7% | -70.3% | +3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Robert J And Leona Dearmond Public Foundation 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 Robert J And Leona Dearmond Public Foundation 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 deficit of $3K, with expenses exceeding revenue.
- Debt-to-asset ratio: 29.7%.
Frequently Asked Questions about Robert J And Leona Dearmond Public Foundation
Is Robert J And Leona Dearmond Public Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Robert J And Leona Dearmond Public Foundation (EIN: 272459165) insufficient data. 0 red flags identified, 0 strengths noted.
How does Robert J And Leona Dearmond Public Foundation spend its money?
Detailed spending breakdown data is not yet available for Robert J And Leona Dearmond Public Foundation. Check back for updated IRS 990 analysis.
Are donations to Robert J And Leona Dearmond Public Foundation tax-deductible?
Robert J And Leona Dearmond Public Foundation is registered as a tax-exempt nonprofit (EIN: 272459165). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Robert J And Leona Dearmond Public Foundation located?
Robert J And Leona Dearmond Public Foundation is headquartered in Portland, Oregon and files with the IRS under EIN 272459165. It is classified under NTEE code T122.
How many years of IRS 990 filings does Robert J And Leona Dearmond Public Foundation have?
Robert J And Leona Dearmond Public Foundation 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 $6.5M in total revenue.
Filing History
IRS 990 filing history for Robert J And Leona Dearmond Public Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Robert J And Leona Dearmond Public Foundation's revenue has grown by 5436.2%, moving from $15K to $804K. Total assets increased by 441303.6% over the same period, from $3K to $15.2M. Total functional expenses rose by 4536.4%, from $17K to $806K. In its most recent filing year (2023), Robert J And Leona Dearmond Public Foundation reported a deficit of $3K, with expenses exceeding revenue. The organization holds $4.5M in liabilities against $15.2M in assets (debt-to-asset ratio: 29.7%), resulting in net assets of $10.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $804K | $806K | $15.2M | $4.5M | — | — |
| 2022 | $18.8M | $5.8M | $20.4M | $5.6M | — | — |
| 2021 | $130K | $722K | $2.3M | $716K | — | View 990 |
| 2020 | $-29,718 | $313K | $2.3M | $366K | — | — |
| 2019 | $128K | $217K | $2.5M | $343K | — | View 990 |
| 2018 | $2.9M | $731K | $2.4M | $423K | — | View 990 |
| 2017 | $265K | $277K | $9K | $0 | — | — |
| 2016 | $200K | $199K | $21K | $0 | — | View 990 |
| 2015 | $150K | $152K | $20K | $0 | — | View 990 |
| 2014 | $120K | $106K | $23K | $0 | — | View 990 |
| 2013 | $100K | $88K | $16K | $6K | — | View 990 |
| 2012 | $79K | $79K | $3K | $6K | — | View 990 |
| 2011 | $15K | $17K | $3K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $804K, expenses of $806K, and assets of $15.2M (revenue -95.7% year-over-year).
- 2022: Revenue of $18.8M, expenses of $5.8M, and assets of $20.4M (revenue +14393.8% year-over-year).
- 2021: Revenue of $130K, expenses of $722K, and assets of $2.3M.
- 2020: Revenue of $-29,718, expenses of $313K, and assets of $2.3M (revenue -123.3% year-over-year).
- 2019: Revenue of $128K, expenses of $217K, and assets of $2.5M (revenue -95.7% year-over-year).
- 2018: Revenue of $2.9M, expenses of $731K, and assets of $2.4M (revenue +1010.6% year-over-year).
- 2017: Revenue of $265K, expenses of $277K, and assets of $9K (revenue +32.5% year-over-year).
- 2016: Revenue of $200K, expenses of $199K, and assets of $21K (revenue +33.3% year-over-year).
- 2015: Revenue of $150K, expenses of $152K, and assets of $20K (revenue +25.0% year-over-year).
- 2014: Revenue of $120K, expenses of $106K, and assets of $23K (revenue +20.0% year-over-year).
- 2013: Revenue of $100K, expenses of $88K, and assets of $16K (revenue +27.0% year-over-year).
- 2012: Revenue of $79K, expenses of $79K, and assets of $3K (revenue +442.6% year-over-year).
- 2011: Revenue of $15K, expenses of $17K, and assets of $3K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Robert J And Leona Dearmond Public Foundation:
Data Sources and Methodology
This transparency report for Robert J And Leona Dearmond Public Foundation 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.