ZUnclassifiedEIN: 341176817· Ruling Year: 1976

The Portage Foundation

Ravenna, Ohio

B+Health Score
71B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

💰
$691K
Total Revenue
📊
$657K
Total Expenses
🏦
$5.7M
Net Assets
📋
$1.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+220.1%
Year-over-year change (2022 → 2023)
Net Margin
+5.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
8.69
Net assets divided by total expenses
Liabilities-to-Assets
20.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$691,132220%$656,88856%$7,157,26610%
2022$215,89580%$421,42125%$6,528,35920%
2021$1,059,25023%$558,92519%$8,175,10214%
2020$1,375,44563%$686,03495%$7,163,83714%
2019$846,16549%$351,84812%$6,284,69610%
2018$567,23372%$312,77938%$5,732,3828%
2017$2,052,051372%$226,05325%$5,326,55367%
2016$434,400956%$301,27872%$3,190,1689%
2015-$50,768111%$174,7736%$2,926,5437%
2014$454,36515%$185,36568%$3,140,8448%
2013$396,28376%$110,26451%$2,901,28321%
2012$1,667,9031137%$73,11763%$2,395,925209%
2011$134,861$44,819$776,470

Frequently Asked Questions

What does The Portage Foundation do?

The Portage Foundation is a unclassified nonprofit organization based in Ohio. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is The Portage Foundation financially healthy?

Based on our 9-metric Financial Health Score model, The Portage Foundation has a score of 71/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does The Portage Foundation generate?

The Portage Foundation reports $527K in annual revenue and holds $7.8M in total assets, based on IRS filings.

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