Centimark Foundation

Centimark Foundation consistently manages expenses below revenue with zero officer compensation.

EIN: 208911858 · Canonsburg, PA · NTEE: T20 · Updated: 2026-03-28

$5.2MRevenue

$6.0MAssets

95/100Mission Score (Excellent)

T20

About Centimark Foundation

Centimark Foundation (EIN: 208911858) is a nonprofit organization based in Canonsburg, PA, classified under NTEE code T20. The organization reported total revenue of $5.2M and total assets of $6.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Centimark Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Centimark Foundation demonstrates consistent financial activity, with its latest reported revenue at $2,590,687 and expenses at $1,981,996 for the period ending 202312. The organization has shown growth in its assets, increasing from $219,588 in 2011 to $3,234,992 in 2023, indicating a healthy accumulation of resources. Its liabilities have remained consistently low, often reported as $1, which is a strong indicator of financial stability and minimal debt burden. The foundation's spending efficiency appears reasonable, with expenses generally below or close to revenue, suggesting responsible management of incoming funds. The absence of reported officer compensation across all filings enhances its transparency and suggests that resources are directed towards its mission rather than executive salaries.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Centimark Foundation with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

admin: 10%
programs: 90%
fundraising: 0%

According to IRS 990 filings, Centimark Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The Centimark Foundation consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly favorable for a nonprofit of its size with assets exceeding $3 million.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Strengths

The following positive indicators were identified for Centimark Foundation:

Consistent positive net income (revenue exceeding expenses) in most recent years, e.g., $2,590,687 revenue vs. $1,981,996 expenses in 2023.
Zero reported officer compensation across all filings, indicating high efficiency in directing funds to programs.
Extremely low liabilities (consistently reported as $1 or $0), demonstrating strong financial health and minimal debt.
Significant growth in assets over time, from $219,588 in 2011 to $3,234,992 in 2023, enhancing long-term stability.
Stable revenue streams, generally above $1 million annually, supporting consistent operations.

Frequently Asked Questions about Centimark Foundation

Is Centimark Foundation a good charity?

Based on the provided financial data, Centimark Foundation appears to be a very good charity. It consistently manages its expenses below its revenue, maintains extremely low liabilities, and reports no officer compensation, suggesting a strong commitment to its mission and efficient use of funds.

How has Centimark Foundation's asset base changed over time?

The Centimark Foundation's assets have grown significantly, from $219,588 in 2011 to $3,234,992 in 2023, demonstrating substantial financial growth and stability over the past decade.

What is the Centimark Foundation's approach to executive compensation?

The Centimark Foundation reports 0% officer compensation in all available filings, indicating a policy of not paying salaries to its officers, which is a strong positive for donor confidence and resource allocation.

Filing History

IRS 990 filing history for Centimark Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Centimark Foundation's revenue has grown by 29.5%, moving from $2.0M to $2.6M. Total assets increased by 1373.2% over the same period, from $220K to $3.2M. Total functional expenses rose by 7.3%, from $1.8M to $2.0M. In its most recent filing year (2023), Centimark Foundation reported a surplus of $609K, with revenue exceeding expenses. The organization holds $1 in liabilities against $3.2M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.2M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.6M	$2.0M	$3.2M	$1	—	—
2022	$1.0M	$1.2M	$2.6M	$1	—	View 990
2021	$1.8M	$1.0M	$2.8M	$1	—	View 990
2020	$1.8M	$640K	$2.0M	$1	—	—
2019	$1.8M	$1.3M	$888K	$1	—	View 990
2015	$1.6M	$1.6M	$155K	$1	—	View 990
2014	$1.7M	$1.6M	$173K	$0	—	View 990
2013	$1.5M	$1.5M	$83K	$0	—	View 990
2012	$1.5M	$1.7M	$45K	$0	—	View 990
2011	$2.0M	$1.8M	$220K	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.6M, expenses of $2.0M, and assets of $3.2M (revenue +155.4% year-over-year).
2022: Revenue of $1.0M, expenses of $1.2M, and assets of $2.6M (revenue -43.7% year-over-year).
2021: Revenue of $1.8M, expenses of $1.0M, and assets of $2.8M (revenue +-0.0% year-over-year).
2020: Revenue of $1.8M, expenses of $640K, and assets of $2.0M (revenue +-0.0% year-over-year).
2019: Revenue of $1.8M, expenses of $1.3M, and assets of $888K (revenue +12.6% year-over-year).
2015: Revenue of $1.6M, expenses of $1.6M, and assets of $155K (revenue -4.2% year-over-year).
2014: Revenue of $1.7M, expenses of $1.6M, and assets of $173K (revenue +11.3% year-over-year).
2013: Revenue of $1.5M, expenses of $1.5M, and assets of $83K (revenue -0.1% year-over-year).
2012: Revenue of $1.5M, expenses of $1.7M, and assets of $45K (revenue -25.0% year-over-year).
2011: Revenue of $2.0M, expenses of $1.8M, and assets of $220K.

Data Sources and Methodology

This transparency report for Centimark Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.