Portland Released-time Education Program is a 501(c)(3) organization based in Portland, Oregon, registered in 1986, with $53,761 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$54K
▼ 21.3% vs prior year
Education median: $200K
Expenses (FY2024)
$64K
Net assets
$114K
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Portland Released-time Education Program— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Portland Released-time Education Program: 22 mo reserves · -18% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Portland Released-time Education Program— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Portland Released-time Education Program: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $80K (FY2010) to $54K (FY2024) across 13 reported years.
Financial snapshot
Operating margin
-18.4%
Spent more than it raised in the latest fiscal year.
Total assets
$129K
Total liabilities
$15K
Net assets
$114K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $53,761▼21.3% | $63,633▲1.8% | $114,149▼8.0% | $128,855▼4.8% | 990EZ |
| 2023 | $68,349▼10.1% | $62,527▼12.7% | $124,022▲4.9% | $135,367▲7.0% | 990EZ |
| 2022 | $76,022▲23.7% | $71,637 | $118,200▲3.9% | $126,483▲7.4% | 990EZ |
| 2021 | $61,448▲1.8% | $71,661▲13.8% | $113,815▼8.2% | $117,801▼5.0% | 990EZ |
| 2020 | $60,354▲5.9% | $62,949▲4.9% | $124,028▼2.1% | $124,028▼2.1% | 990EZ |
| 2019 | $56,975▼15.9% | $60,009▼4.9% | $126,661▼2.3% | $126,661▼2.3% | 990EZ |
| 2018 | $67,782▲8.7% | $63,100▼2.9% | $129,695▲3.7% | $129,695▲3.7% | 990EZ |
| 2017 | $62,341▼22.6% | $64,963▼21.0% | $125,013▲0.5% | $125,013▲0.5% | 990EZ |
| 2014 | $80,538▲7.3% | $82,255▼8.5% | $124,366▼1.4% | $124,366▼1.4% | 990EZ |
| 2013 | $75,068▼4.6% | $89,905▲33.6% | $126,083▼10.8% | $126,083▼10.8% | 990EZ |
| 2012 | $78,699▲6.9% | $67,275▲2.4% | $141,400▲8.8% | $141,400▲8.8% | 990EZ |
| 2011 | $73,635▼7.6% | $65,705▼18.7% | $129,976▲6.5% | $129,976▲6.5% | 990EZ |
| 2010 | $79,728 | $80,823 | $122,046 | $122,046 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Portland Released-time Education Program (EIN 93-0908463) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.