White Rose Educational Fund Incorporated
White Rose Educational Fund shows strong asset growth and zero executive compensation, but experienced a deficit in 2023.
EIN: 203190654 · Portland, OR · NTEE: B82 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $50K |
| Total Expenses | $70K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $49,539 |
| Net Assets | $81K |
| Transparency Score | 92/100 |
Is White Rose Educational Fund Incorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
White Rose Educational Fund Incorporated directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About White Rose Educational Fund Incorporated
White Rose Educational Fund Incorporated (EIN: 203190654) is a nonprofit organization based in Portland, OR, classified under NTEE code B82. The organization reported total revenue of $50K and total assets of $67K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of White Rose Educational Fund Incorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
White Rose Educational Fund Incorporated is a micro nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 20.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $58K |
| Total Expenses | $70K |
| Surplus / Deficit | $-12,664 |
| Total Assets | $81K |
| Net Assets | $81K |
| Operating Margin | -21.9% |
| Months of Reserves | 13.8 months |
Financial Health Grade: B
In 2023, White Rose Educational Fund Incorporated reported a deficit of $13K with expenses exceeding revenue, holds 13.8 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), White Rose Educational Fund Incorporated's revenue has grown at a compound annual growth rate (CAGR) of 20.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -29.0% | +5.4% | -13.5% |
| 2022 | +29.9% | +35.6% | +18.5% |
| 2021 | +756.3% | +208.9% | +20.4% |
| 2020 | -88.2% | -58.7% | -11.5% |
| 2019 | +186.7% | +65.2% | +45.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
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 White Rose Educational Fund Incorporated 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, White Rose Educational Fund Incorporated 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 deficit of $13K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or directors receive salaries from the organization, which is highly commendable for an organization of its size (latest revenue $49,539).
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 White Rose Educational Fund Incorporated's IRS 990 filings:
- Expenses exceeded revenue in 2023 ($70,480 expenses vs. $57,816 revenue), leading to a deficit for the year.
Strengths
The following positive indicators were identified for White Rose Educational Fund Incorporated:
- Consistent 0% officer compensation across all filings, indicating high efficiency and dedication to mission.
- Zero liabilities reported in all filings, demonstrating strong financial health and no debt.
- Significant asset growth over the past decade, from $6,915 in 2014 to $81,114 in 2023.
- Generally strong revenue generation, with several years exceeding $50,000.
Frequently Asked Questions about White Rose Educational Fund Incorporated
Is White Rose Educational Fund Incorporated a legitimate charity?
White Rose Educational Fund Incorporated (EIN: 203190654) is a registered tax-exempt nonprofit based in Oregon. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $50K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does White Rose Educational Fund Incorporated spend its money?
White Rose Educational Fund Incorporated directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to White Rose Educational Fund Incorporated tax-deductible?
White Rose Educational Fund Incorporated is registered as a tax-exempt nonprofit (EIN: 203190654). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the White Rose Educational Fund Incorporated CEO make?
White Rose Educational Fund Incorporated's highest-compensated officer earns $49,539 annually. The organization reported $50K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of White Rose Educational Fund Incorporated's spending goes to programs?
White Rose Educational Fund Incorporated directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does White Rose Educational Fund Incorporated compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), White Rose Educational Fund Incorporated is above average for NTEE category B82 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is White Rose Educational Fund Incorporated located?
White Rose Educational Fund Incorporated is headquartered in Portland, Oregon and files with the IRS under EIN 203190654. It is classified under NTEE code B82.
How many years of IRS 990 filings does White Rose Educational Fund Incorporated have?
White Rose Educational Fund Incorporated 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 $50K in total revenue.
Is White Rose Educational Fund a good charity?
Based on the available data, White Rose Educational Fund appears to be a good charity. They consistently report 0% officer compensation, indicating a strong commitment to their mission. Their assets have grown significantly over the past decade, and they maintain zero liabilities. While they did experience a deficit in 2023, their overall financial health and dedication to program spending are positive indicators.
How has the organization's revenue trended over time?
The organization's revenue has shown significant fluctuation but an overall upward trend. It ranged from a low of $7,326 in 2020 to a high of $81,471 in 2022. The latest reported revenue for 2023 was $57,816, which is a decrease from the previous year but still robust compared to earlier periods.
What is the organization's financial stability?
The organization demonstrates good financial stability. They consistently report zero liabilities, indicating no debt burden. Their assets have steadily increased from $6,915 in 2014 to $81,114 in 2023, providing a solid financial cushion. Although expenses exceeded revenue in 2023, their accumulated assets suggest resilience.
Filing History
IRS 990 filing history for White Rose Educational Fund Incorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), White Rose Educational Fund Incorporated's revenue has grown by 869.1%, moving from $6K to $58K. Total assets increased by 967.4% over the same period, from $8K to $81K. Total functional expenses rose by 1749.4%, from $4K to $70K. In its most recent filing year (2023), White Rose Educational Fund Incorporated reported a deficit of $13K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $58K | $70K | $81K | $0 | — | View 990 |
| 2022 | $81K | $67K | $94K | $0 | — | View 990 |
| 2021 | $63K | $49K | $79K | $0 | — | View 990 |
| 2020 | $7K | $16K | $66K | $0 | — | View 990 |
| 2019 | $62K | $39K | $74K | $0 | — | View 990 |
| 2018 | $22K | $23K | $51K | $0 | — | View 990 |
| 2017 | $52K | $33K | $53K | $0 | — | View 990 |
| 2016 | $37K | $26K | $34K | $0 | — | — |
| 2015 | $38K | $22K | $23K | $0 | — | — |
| 2014 | $9K | $10K | $7K | $0 | — | — |
| 2013 | $18K | $15K | $8K | $0 | — | — |
| 2012 | $17K | $19K | $6K | $0 | — | — |
| 2011 | $6K | $4K | $8K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $58K, expenses of $70K, and assets of $81K (revenue -29.0% year-over-year).
- 2022: Revenue of $81K, expenses of $67K, and assets of $94K (revenue +29.9% year-over-year).
- 2021: Revenue of $63K, expenses of $49K, and assets of $79K (revenue +756.3% year-over-year).
- 2020: Revenue of $7K, expenses of $16K, and assets of $66K (revenue -88.2% year-over-year).
- 2019: Revenue of $62K, expenses of $39K, and assets of $74K (revenue +186.7% year-over-year).
- 2018: Revenue of $22K, expenses of $23K, and assets of $51K (revenue -58.4% year-over-year).
- 2017: Revenue of $52K, expenses of $33K, and assets of $53K (revenue +38.5% year-over-year).
- 2016: Revenue of $37K, expenses of $26K, and assets of $34K (revenue -1.7% year-over-year).
- 2015: Revenue of $38K, expenses of $22K, and assets of $23K (revenue +310.3% year-over-year).
- 2014: Revenue of $9K, expenses of $10K, and assets of $7K (revenue -48.0% year-over-year).
- 2013: Revenue of $18K, expenses of $15K, and assets of $8K (revenue +2.3% year-over-year).
- 2012: Revenue of $17K, expenses of $19K, and assets of $6K (revenue +192.9% year-over-year).
- 2011: Revenue of $6K, expenses of $4K, and assets of $8K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for White Rose Educational Fund Incorporated:
Data Sources and Methodology
This transparency report for White Rose Educational Fund Incorporated 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.