Central Peninsula Health Foundation
Central Peninsula Health Foundation shows strong financial growth and zero executive compensation over a decade.
EIN: 202778670 · Soldotna, AK · NTEE: E112 · Updated: 2026-03-28
Is Central Peninsula Health Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Central Peninsula Health Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Central Peninsula Health Foundation
Central Peninsula Health Foundation (EIN: 202778670) is a nonprofit organization based in Soldotna, AK, classified under NTEE code E112. The organization reported total revenue of $1.6M and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central Peninsula Health Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central Peninsula Health Foundation is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.6M |
| Total Expenses | $432K |
| Surplus / Deficit | +$1.1M |
| Total Assets | $2.5M |
| Total Liabilities | $45K |
| Net Assets | $2.5M |
| Operating Margin | 72.4% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 69.5 months |
Financial Health Grade: A
In 2023, Central Peninsula Health Foundation reported a surplus of $1.1M with revenue exceeding expenses, holds 69.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Central Peninsula Health Foundation's revenue has grown at a compound annual growth rate (CAGR) of 13.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +434.3% | -9.3% | +88.3% |
| 2022 | -59.6% | +39.3% | -12.4% |
| 2021 | +15.7% | -29.2% | +34.3% |
| 2020 | +18.0% | +4.7% | +6.9% |
| 2019 | +29.3% | +10.1% | +12.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Central Peninsula Health Foundation with a Mission Score of 92 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: 85%
- fundraising: 5%
According to IRS 990 filings, Central Peninsula Health Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $1.1M, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.8%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all 13 available filings, indicating that the organization is either entirely volunteer-led or operates with a very lean, unpaid executive structure, which is highly commendable for a foundation of its size with assets exceeding $2.5 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 Central Peninsula Health Foundation:
- Consistent asset growth, increasing from $849,165 in 2014 to $2,502,596 in 2023.
- Zero officer compensation reported across all 13 filings, indicating high efficiency and volunteer leadership.
- Strong financial surplus in recent years, particularly in 2023 with revenue of $1,566,489 against expenses of $431,820.
- Excellent transparency with consistent IRS 990 filings over a long period.
- Low liabilities relative to assets, especially in recent years, indicating financial stability.
Frequently Asked Questions about Central Peninsula Health Foundation
Is Central Peninsula Health Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Central Peninsula Health Foundation (EIN: 202778670) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Central Peninsula Health Foundation spend its money?
Central Peninsula Health Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Central Peninsula Health Foundation tax-deductible?
Central Peninsula Health Foundation is registered as a tax-exempt nonprofit (EIN: 202778670). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Central Peninsula Health Foundation a good charity?
Based on the provided financial data, Central Peninsula Health Foundation appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a remarkable commitment to efficiency with 0% officer compensation reported over a decade.
How has the organization's financial health changed over time?
The organization's financial health has significantly improved over time. Assets have grown from $849,165 in 2014 to $2,502,596 in 2023, and revenue has seen substantial increases, particularly in the 2023 period, indicating robust growth and stability.
What is the trend in revenue versus expenses?
For most periods, revenue has exceeded expenses, often by a significant margin, contributing to asset growth. The 2023 period is particularly strong, with revenue of $1,566,489 far surpassing expenses of $431,820, indicating effective financial management and accumulation of resources.
Filing History
IRS 990 filing history for Central Peninsula Health Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Central Peninsula Health Foundation's revenue has grown by 343.1%, moving from $354K to $1.6M. Total assets increased by 365.4% over the same period, from $538K to $2.5M. Total functional expenses rose by 61.1%, from $268K to $432K. In its most recent filing year (2023), Central Peninsula Health Foundation reported a surplus of $1.1M, with revenue exceeding expenses. The organization holds $45K in liabilities against $2.5M in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.6M | $432K | $2.5M | $45K | — | View 990 |
| 2022 | $293K | $476K | $1.3M | $6K | — | View 990 |
| 2021 | $725K | $342K | $1.5M | $10K | — | View 990 |
| 2020 | $627K | $483K | $1.1M | $6K | — | View 990 |
| 2019 | $531K | $461K | $1.1M | $77K | — | View 990 |
| 2018 | $411K | $419K | $935K | $26K | — | View 990 |
| 2017 | $740K | $390K | $968K | $53K | — | View 990 |
| 2016 | $444K | $351K | $952K | $386K | — | View 990 |
| 2015 | $372K | $313K | $891K | $418K | — | View 990 |
| 2014 | $363K | $384K | $849K | $435K | — | View 990 |
| 2013 | $380K | $312K | $744K | $309K | — | View 990 |
| 2012 | $331K | $326K | $606K | $191K | — | View 990 |
| 2011 | $354K | $268K | $538K | $128K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.6M, expenses of $432K, and assets of $2.5M (revenue +434.3% year-over-year).
- 2022: Revenue of $293K, expenses of $476K, and assets of $1.3M (revenue -59.6% year-over-year).
- 2021: Revenue of $725K, expenses of $342K, and assets of $1.5M (revenue +15.7% year-over-year).
- 2020: Revenue of $627K, expenses of $483K, and assets of $1.1M (revenue +18.0% year-over-year).
- 2019: Revenue of $531K, expenses of $461K, and assets of $1.1M (revenue +29.3% year-over-year).
- 2018: Revenue of $411K, expenses of $419K, and assets of $935K (revenue -44.5% year-over-year).
- 2017: Revenue of $740K, expenses of $390K, and assets of $968K (revenue +66.6% year-over-year).
- 2016: Revenue of $444K, expenses of $351K, and assets of $952K (revenue +19.5% year-over-year).
- 2015: Revenue of $372K, expenses of $313K, and assets of $891K (revenue +2.2% year-over-year).
- 2014: Revenue of $363K, expenses of $384K, and assets of $849K (revenue -4.4% year-over-year).
- 2013: Revenue of $380K, expenses of $312K, and assets of $744K (revenue +14.8% year-over-year).
- 2012: Revenue of $331K, expenses of $326K, and assets of $606K (revenue -6.4% year-over-year).
- 2011: Revenue of $354K, expenses of $268K, and assets of $538K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Central Peninsula Health Foundation:
Data Sources and Methodology
This transparency report for Central Peninsula Health 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.