IdeaWorks Inc
Nonprofit profile at a glance
- EIN
- 460579356
- IRS 990-EZ coverage
- 2015–2023
- Forms available
- Form 990-EZ 2023, Form 990-N 2020
- Location
- Portland, OR, USA
- Phone
- 5039951337
- Rating confidence
- Limited
- Sector
- Performing Arts Organizations
Reported finances
- Revenue
- $104,705
- Expenses
- $91,615
- Assets
- $40,225
- Liabilities
- $8,866
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- Nickolas Harbar (President)
People named in this filing
- Nickolas Harbar (President)
- Mary Ann Willis (Secretary)
- Cristal French (Treasurer)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The purposes of the Corporation are exclusively those allowed for organizations defined under 501(c)(3) of the Internal Revenue Code. Within these limits, the purposes of the Corporation include the following: a.Facilitates resources and education for aspiring artists, crafters and makers in all aspects of their workb.Fosters innovation and collaboration between masters and students in order to produce new worksc.Endeavors to preserve cultural heritage while fostering growth and innovation
What it reported doing in 2023
Rented a space to house aspiring artists, crafters and makers.Began having artist members
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 49
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 12.5%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 0.44; rating input score 34; 34th percentile among comparable filings
- Liabilities to assets ratio: 0.22; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: -2.4% per year; rating input score 0; 24th percentile among comparable filings
- Revenue growth: -2.9% per year; rating input score 0; 14th percentile among comparable filings
- Asset growth: 18.6% per year; rating input score 100; 77th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 6 of 6 current checks pass
- Schedules: 2 filed schedules
- Filing history: 6 filing years from 2015 to 2023
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 34/100.
- High — Sustainability: Liabilities to assets ratio scored 18/100.