Therapy Works Nw
Therapy Works Nw shows consistent operations with growing assets, occasional deficits, and no reported officer compensation.
EIN: 205560832 · Gresham, OR · NTEE: P30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $696K |
| Total Expenses | $729K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $700,000 |
| Net Assets | $430K |
| Transparency Score | 75/100 |
Is Therapy Works Nw Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Therapy Works Nw directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Therapy Works Nw
Therapy Works Nw (EIN: 205560832) is a nonprofit organization based in Gresham, OR, classified under NTEE code P30. The organization reported total revenue of $696K and total assets of $473K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Therapy Works Nw's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Therapy Works Nw is a small nonprofit that has been operating for 19 years, with 11 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of 23.0%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $696K |
| Total Expenses | $729K |
| Surplus / Deficit | $-32,843 |
| Total Assets | $473K |
| Total Liabilities | $43K |
| Net Assets | $430K |
| Operating Margin | -4.7% |
| Debt-to-Asset Ratio | 9.2% |
| Months of Reserves | 7.8 months |
Financial Health Grade: B
In 2021, Therapy Works Nw reported a deficit of $33K with expenses exceeding revenue, holds 7.8 months of operating reserves (strong position), has a debt-to-asset ratio of 9.2% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2021), Therapy Works Nw's revenue has grown at a compound annual growth rate (CAGR) of 23.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | +9.9% | -2.0% | +5.4% |
| 2020 | -24.1% | -11.4% | +7.1% |
| 2019 | +2.2% | +13.3% | +1.6% |
| 2018 | +37.3% | +28.3% | +28.9% |
| 2017 | +22.8% | +19.2% | +6.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
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 Therapy Works Nw 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Therapy Works Nw 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 (2021)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $33K, with expenses exceeding revenue.
- Debt-to-asset ratio: 9.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all 11 filings, which is highly unusual for an organization with revenues reaching nearly $700,000 in its latest period. This suggests either a fully volunteer-led executive team or that executive compensation is categorized under other expense lines, warranting further investigation.
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 Therapy Works Nw's IRS 990 filings:
- Recurring operational deficits in multiple years (e.g., 202112, 202012, 201912) where expenses exceeded revenue.
- Consistent reporting of 0% officer compensation, which is unusual for an organization of this size and could obscure how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Therapy Works Nw:
- Consistent growth in assets, from $89,965 in 201212 to $473,128 in 202112, indicating financial health.
- Relatively low liabilities ($43,487 in 202112) compared to assets, suggesting good financial management.
- Long history of IRS 990 filings (11 filings), demonstrating commitment to transparency.
- No reported officer compensation, potentially indicating a highly efficient or volunteer-led executive structure.
Frequently Asked Questions about Therapy Works Nw
Is Therapy Works Nw a legitimate charity?
Based on AI analysis of IRS 990 filings, Therapy Works Nw (EIN: 205560832) some concerns. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
How does Therapy Works Nw spend its money?
Therapy Works Nw directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Therapy Works Nw tax-deductible?
Therapy Works Nw is registered as a tax-exempt nonprofit (EIN: 205560832). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Therapy Works Nw CEO make?
Therapy Works Nw's highest-compensated officer earns $700,000 annually. The organization reported $696K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Therapy Works Nw's spending goes to programs?
Therapy Works Nw directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Therapy Works Nw compare to similar nonprofits?
With a transparency score of 75/100 (Good), Therapy Works Nw is above average for NTEE category P30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Therapy Works Nw located?
Therapy Works Nw is headquartered in Gresham, Oregon and files with the IRS under EIN 205560832. It is classified under NTEE code P30.
How many years of IRS 990 filings does Therapy Works Nw have?
Therapy Works Nw has 11 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 $696K in total revenue.
How does Therapy Works Nw sustain operations with recurring deficits?
In several periods, such as 202112 (expenses $728,634 vs. revenue $695,791) and 202012 (expenses $743,473 vs. revenue $633,153), the organization reported expenses exceeding revenue. This suggests they may be drawing from reserves, receiving deferred revenue, or relying on prior year surpluses to cover operational gaps.
What is the nature of the 'Officer Comp=0%' reporting?
The consistent reporting of 0% officer compensation across all 11 filings is highly unusual for an organization of this size and revenue. It could indicate a volunteer board and executive leadership, or that compensation for key management is reported under other expense categories, which would require reviewing the full 990 for clarity.
What is the organization's long-term financial stability given the fluctuating revenues and occasional deficits?
While revenues fluctuate and deficits occur in some years, the organization's assets have shown consistent growth, from $89,965 in 201212 to $473,128 in 202112, and liabilities remain relatively low. This asset growth provides a buffer and indicates a degree of financial stability despite year-to-year operational variances.
Filing History
IRS 990 filing history for Therapy Works Nw showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2021), Therapy Works Nw's revenue has grown by 695.2%, moving from $87K to $696K. Total assets increased by 1243% over the same period, from $35K to $473K. Total functional expenses rose by 925.9%, from $71K to $729K. In its most recent filing year (2021), Therapy Works Nw reported a deficit of $33K, with expenses exceeding revenue. The organization holds $43K in liabilities against $473K in assets (debt-to-asset ratio: 9.2%), resulting in net assets of $430K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $696K | $729K | $473K | $43K | — | View 990 |
| 2020 | $633K | $743K | $449K | $167K | — | View 990 |
| 2019 | $835K | $839K | $419K | $27K | — | View 990 |
| 2018 | $817K | $741K | $412K | $16K | — | View 990 |
| 2017 | $595K | $577K | $320K | $0 | — | View 990 |
| 2016 | $484K | $484K | $302K | $0 | — | View 990 |
| 2015 | $399K | $401K | $234K | $2K | — | View 990 |
| 2014 | $427K | $291K | $294K | $6K | — | View 990 |
| 2013 | $212K | $176K | $128K | $6K | — | View 990 |
| 2012 | $157K | $99K | $90K | $3K | — | View 990 |
| 2011 | $87K | $71K | $35K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $696K, expenses of $729K, and assets of $473K (revenue +9.9% year-over-year).
- 2020: Revenue of $633K, expenses of $743K, and assets of $449K (revenue -24.1% year-over-year).
- 2019: Revenue of $835K, expenses of $839K, and assets of $419K (revenue +2.2% year-over-year).
- 2018: Revenue of $817K, expenses of $741K, and assets of $412K (revenue +37.3% year-over-year).
- 2017: Revenue of $595K, expenses of $577K, and assets of $320K (revenue +22.8% year-over-year).
- 2016: Revenue of $484K, expenses of $484K, and assets of $302K (revenue +21.5% year-over-year).
- 2015: Revenue of $399K, expenses of $401K, and assets of $234K (revenue -6.6% year-over-year).
- 2014: Revenue of $427K, expenses of $291K, and assets of $294K (revenue +101.2% year-over-year).
- 2013: Revenue of $212K, expenses of $176K, and assets of $128K (revenue +35.5% year-over-year).
- 2012: Revenue of $157K, expenses of $99K, and assets of $90K (revenue +79.0% year-over-year).
- 2011: Revenue of $87K, expenses of $71K, and assets of $35K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Therapy Works Nw:
Data Sources and Methodology
This transparency report for Therapy Works Nw 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.