PORTLAND REGIONAL EDUCATIONAL TELECOMMUNICATIONS CORPORATION (EIN 841360071) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1983

Legal Domicile

Principal Officer

ELIZABETH SMITH

Phone

5033138685

Tax Period

2024-04-01 to 2025-03-31

PORTLAND REGIONAL EDUCATIONAL TELECOMMUNICATIONS CORPORATION, founded in 1983, is a small nonprofit that reported $778K in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. Net assets of $7.7M represent 119 months of operating reserves.

Mission

PORTLAND REGIONAL EDUCATIONAL TELECOMMUNICATIONS CORPORATION OPERATES FOR "CHARITABLE, SCIENTIFIC AND EDUCATION AND "SOCIAL WELFARE" PURPOSES.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $176,827

Other Revenue $601,335

TOTAL REVENUE $778,162

Expense Breakdown

Grants Paid $524,000

Salaries & Benefits $117,909

Fundraising Expenses $0

Program Expenses $733,351

Other Expenses $161,225

TOTAL EXPENSES $803,134

Year-over-Year Comparison

	2024	2023	Change
Revenue	$778,162	$716,148	+0.1%
Expenses	$803,134	$460,560	+0.7%
Net Income	$-24,972	$255,588	-1.1%

Key Indicators

✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✓ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$82,971

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOHN SCHWARTZ	PRESIDENT	1.00	Officer Director	$0	$0	$0
THOM HARTMANN	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
THOMAS NEUBURGER	TREASURER	1.00	Officer Director	$0	$0	$0
KARI CHISHOLM	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH SMITH	EXECUTIVE DIR	40.00	Officer	$76,058	$6,913	$82,971

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$778,162	$803,134	$7,849,666	$-24,972
2024	$716,148	$460,560	$7,672,062	$255,588
2023	$2,092,002	$690,087	$6,627,276	$1,401,915
2022	$1,143,600	$900,903	$5,481,784	$242,697
2021	$1,013,462	$1,051,215	$5,370,694	$-37,753
2020	$737,205	$747,270	$4,642,661	$-10,065
2019	$575,743	$475,984	$4,823,317	$99,759

PORTLAND REGIONAL EDUCATIONAL TELECOMMUNICATIONS CORPORATION