Friends Of Peninsula State Parkincorporated
Friends Of Peninsula State Parkincorporated shows strong financial health with consistent revenue and zero officer compensation.
EIN: 208536005 · Fish Creek, WI · NTEE: N32 · Updated: 2026-03-28
Is Friends Of Peninsula State Parkincorporated Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of Peninsula State Parkincorporated directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Friends Of Peninsula State Parkincorporated
Friends Of Peninsula State Parkincorporated (EIN: 208536005) is a nonprofit organization based in Fish Creek, WI, classified under NTEE code N32. The organization reported total revenue of $522K and total assets of $560K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Peninsula State Parkincorporated's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Friends Of Peninsula State Parkincorporated with a Mission Score of 90 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, Friends Of Peninsula State Parkincorporated 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly favorable for a nonprofit of its size with latest revenue of $522,488.
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.
Red Flags
The following concerns were identified during AI analysis of Friends Of Peninsula State Parkincorporated's IRS 990 filings:
- Periods of significantly higher expenses than revenue (e.g., 201910 with $138,416 revenue vs. $844,090 expenses; 202010 with $121,797 revenue vs. $403,772 expenses) warrant further investigation into the nature of these expenditures.
Strengths
The following positive indicators were identified for Friends Of Peninsula State Parkincorporated:
- Consistent IRS 990 filing history, indicating good transparency.
- 0% officer compensation reported across all available periods, suggesting volunteer leadership or highly efficient compensation practices.
- Strong asset growth from $89,097 in 201410 to $422,051 in 202310, demonstrating financial stability.
- Low liabilities across all periods, indicating sound financial management and minimal debt.
- Positive revenue-to-expense ratio in recent years (e.g., 202310 revenue $244,746 vs. expenses $84,673).
Frequently Asked Questions about Friends Of Peninsula State Parkincorporated
Is Friends Of Peninsula State Parkincorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Peninsula State Parkincorporated (EIN: 208536005) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Friends Of Peninsula State Parkincorporated spend its money?
Friends Of Peninsula State Parkincorporated directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of Peninsula State Parkincorporated tax-deductible?
Friends Of Peninsula State Parkincorporated is registered as a tax-exempt nonprofit (EIN: 208536005). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Friends Of Peninsula State Parkincorporated a good charity?
Based on the available financial data, Friends Of Peninsula State Parkincorporated appears to be a good charity. It consistently files its IRS 990s, reports 0% officer compensation, and has demonstrated strong financial management with growing assets and low liabilities in recent years. Its NTEE code N32 (Parks and Recreation Areas) aligns with its name, suggesting a clear mission focus.
How has the organization's financial stability changed over time?
The organization's financial stability has significantly improved over time. Assets have grown from $89,097 in 201410 to $422,051 in 202310, and liabilities have remained consistently low, often at or near zero. While there were periods of high expenses (e.g., 201910, 202010), the overall trend shows increasing financial strength and capacity.
What caused the high expenses in 2019 and 2020?
The IRS 990 data alone does not specify the exact causes for the high expenses in 201910 ($844,090) and 202010 ($403,772). These could represent significant capital projects, large program expenditures, or one-time investments. Further investigation into the detailed Form 990s for those specific years would be needed to understand the nature of these expenditures.
Filing History
IRS 990 filing history for Friends Of Peninsula State Parkincorporated showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friends Of Peninsula State Parkincorporated's revenue has grown by 395.7%, moving from $49K to $245K. Total assets increased by 386.2% over the same period, from $87K to $422K. Total functional expenses rose by 56.6%, from $54K to $85K. In its most recent filing year (2023), Friends Of Peninsula State Parkincorporated reported a surplus of $160K, with revenue exceeding expenses. The organization holds $15K in liabilities against $422K in assets (debt-to-asset ratio: 3.5%), resulting in net assets of $407K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $245K | $85K | $422K | $15K | — | View 990 |
| 2022 | $257K | $258K | $257K | $14K | — | View 990 |
| 2021 | $225K | $121K | $255K | $0 | — | View 990 |
| 2020 | $122K | $404K | $146K | $3K | — | View 990 |
| 2019 | $138K | $844K | $427K | $3K | — | View 990 |
| 2018 | $416K | $163K | $856K | $3K | — | View 990 |
| 2017 | $466K | $49K | $603K | $3K | — | View 990 |
| 2016 | $145K | $58K | $187K | $4K | — | View 990 |
| 2015 | $58K | $50K | $97K | $0 | — | View 990 |
| 2014 | $64K | $51K | $89K | $0 | — | View 990 |
| 2013 | $45K | $36K | $76K | $411 | — | View 990 |
| 2012 | $53K | $73K | $67K | $0 | — | View 990 |
| 2011 | $49K | $54K | $87K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $245K, expenses of $85K, and assets of $422K (revenue -4.9% year-over-year).
- 2022: Revenue of $257K, expenses of $258K, and assets of $257K (revenue +14.5% year-over-year).
- 2021: Revenue of $225K, expenses of $121K, and assets of $255K (revenue +84.5% year-over-year).
- 2020: Revenue of $122K, expenses of $404K, and assets of $146K (revenue -12.0% year-over-year).
- 2019: Revenue of $138K, expenses of $844K, and assets of $427K (revenue -66.7% year-over-year).
- 2018: Revenue of $416K, expenses of $163K, and assets of $856K (revenue -10.7% year-over-year).
- 2017: Revenue of $466K, expenses of $49K, and assets of $603K (revenue +222.0% year-over-year).
- 2016: Revenue of $145K, expenses of $58K, and assets of $187K (revenue +150.9% year-over-year).
- 2015: Revenue of $58K, expenses of $50K, and assets of $97K (revenue -9.8% year-over-year).
- 2014: Revenue of $64K, expenses of $51K, and assets of $89K (revenue +42.3% year-over-year).
- 2013: Revenue of $45K, expenses of $36K, and assets of $76K (revenue -14.7% year-over-year).
- 2012: Revenue of $53K, expenses of $73K, and assets of $67K (revenue +6.6% year-over-year).
- 2011: Revenue of $49K, expenses of $54K, and assets of $87K.
Data Sources and Methodology
This transparency report for Friends Of Peninsula State Parkincorporated 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.