MULTIPLE SCLEROSIS SOCIETY OF PORTLAND OR INC

EIN: 930511355 501(c)(3) Diseases & Disorders

PORTLAND, OR

Total Revenue
$244,686
Total Expenses
$381,117
Total Assets
$354,865
Net Assets
$322,534
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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
1951
Legal Domicile
OR
Principal Officer
ART RICHARDS
Phone
5032979544
Tax Period
2020-07-01 to 2021-06-30

MULTIPLE SCLEROSIS SOCIETY OF PORTLAND OR INC, founded in 1951, is a small nonprofit in the Diseases & Disorders sector that reported $245K in total revenue in fiscal year 2020. Revenue surged 92% from the prior year, signaling strong growth momentum. Expenses of $381K exceeded revenue, resulting in a 56% operating deficit.

Mission

IMPROVE THE QUALITY OF LIFE FOR THOSE LIVING WITH MULTIPLE SCLEROSIS, INCLUDING FAMILY MEMBERS AND CAREGIVERS.

Program Service Accomplishments

Program 1
Expenses: $61,318

THE ORGANIZATION PROVIDES FREE AIR CONDITIONERS TO MS PATIENTS

Program 2
Expenses: $30,881

PROJECT CONNECT

Program 3
Expenses: $8,889

EVENTS AND WORKSHOPS FOR CLIENTS WITH MULTIPLE SCLEROSIS, FAMILY MEMBERS OR CAREGIVERS, MSSP PROVIDES FOOD, ENTERTAINMENT AND GUEST SPEAKERS WITH CURRENT INFORMATION ON MULTIPLE SCLEROSIS OR SYMPTOM...

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EVENTS AND WORKSHOPS FOR CLIENTS WITH MULTIPLE SCLEROSIS, FAMILY MEMBERS OR CAREGIVERS, MSSP PROVIDES FOOD, ENTERTAINMENT AND GUEST SPEAKERS WITH CURRENT INFORMATION ON MULTIPLE SCLEROSIS OR SYMPTOM MANAGEMENT AND FELLOWSHIP.

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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%)

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $239,864
Program Service Revenue $0
Investment Income $4,822
Other Revenue $0
TOTAL REVENUE $244,686

Expense Breakdown

Grants Paid $2,877
Salaries & Benefits $123,889
Fundraising Expenses $114,409
Program Expenses $126,849
Other Expenses $151,321
TOTAL EXPENSES $381,117

Year-over-Year Comparison

2020 2019 Change
Revenue $244,686 $127,743 +0.9%
Expenses $381,117 $192,879 +1.0%
Net Income $-136,431 $-65,136 +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

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Governance

Voting Members
5
Independent Members
5
Employees
1
Volunteers
N/A

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
3
$73,596
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ART RICHARDS PRESIDENT 0.75
Director
$0 $0 $0
MIKE STOFIEL BOARD MEMBER 1.00
Director
$0 $0 $0
LOU ANN LINDGERT BOARD MEMBER 0.30
Director
$0 $0 $0
TERESA FORSELL SECRETARY 0.20
Officer
$0 $0 $0
CANDYCE HAYES EXECUTIVE DIRECTOR 40.00
Officer
$62,216 $11,380 $73,596
DAVE HUGHES BOARD MEMBER 0.20
Officer
$0 $0 $0
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
2021 $244,686 $381,117 $354,865 $-136,431
2020 $127,743 $192,879 $445,886 $-65,136
2019 $73,032 $211,148 $506,208 $-138,116
2018 $218,297 $210,023 $630,943 $8,274
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