Quick charity verification for Pinnacle Community Services Inc (EIN: 166052152)
Verdict: Pinnacle Community Services Inc appears trustworthy
88/100Mission Score
$4.6MRevenue
$4.5MAssets
2Red Flags
4Strengths
Red Flags
Expenses exceeded revenue in the last two reported periods (2022 and 2023), indicating operational deficits.
Revenue has shown a slight decline from its peak of $5,313,689 in 2020 to $4,801,489 in 2023.
Strengths
Consistent reporting of 0% officer compensation across all filings, indicating high efficiency in directing funds to mission.
Stable asset base, with assets of $4,487,409 in 2023, providing financial resilience.
Manageable liabilities, consistently below 25% of assets, indicating good financial management.
Long operational history with 13 filings, demonstrating sustained presence and commitment.
AI Transparency Report
Pinnacle Community Services Inc demonstrates a consistent operational history with revenues generally in the $4-5 million range over the past decade. While the organization has experienced deficits in recent years, such as expenses exceeding revenue by over $296,000 in 2023 and over $540,000 in 2022, its asset base of approximately $4.49 million in 2023 provides a buffer. The organization's liabilities have remained manageable, typically around 20-25% of assets, indicating a stable financial position despite recent operational losses. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, which is a significant positive indicator for transparency and efficiency.
The organization's financial health appears stable, though the trend of expenses exceeding revenue in the last two reported periods (2022 and 2023) warrants monitoring. This could indicate increasing program costs or a need to diversify funding streams. However, the substantial asset base and relatively low liabilities suggest the organization has the capacity to absorb these short-term deficits. The absence of reported officer compensation is a notable strength, enhancing its spending efficiency and transparency profile.