Friends Of Pioneer Homestead
Friends Of Pioneer Homestead faces significant financial challenges with consistent operating deficits and increasing liabilities.
EIN: 200122268 · Jackson, WY · NTEE: L112 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $88K |
| Total Expenses | $196K |
| Program Spending | 70% |
| Net Assets | $1.1M |
| Transparency Score | 55/100 |
Is Friends Of Pioneer Homestead Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Friends Of Pioneer Homestead directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Friends Of Pioneer Homestead
Friends Of Pioneer Homestead (EIN: 200122268) is a nonprofit organization based in Jackson, WY, classified under NTEE code L112. The organization reported total revenue of $88K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Friends Of Pioneer Homestead's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Friends Of Pioneer Homestead is a micro 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 -0.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $44K |
| Total Expenses | $196K |
| Surplus / Deficit | $-152,188 |
| Total Assets | $1.6M |
| Total Liabilities | $517K |
| Net Assets | $1.1M |
| Operating Margin | -348.2% |
| Debt-to-Asset Ratio | 32.1% |
| Months of Reserves | 98.8 months |
Financial Health Grade: B
In 2023, Friends Of Pioneer Homestead reported a deficit of $152K with expenses exceeding revenue, holds 98.8 months of operating reserves (strong position), has a debt-to-asset ratio of 32.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Friends Of Pioneer Homestead's revenue has declined at a compound annual growth rate (CAGR) of -0.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +46.4% | +107.4% | -5.3% |
| 2022 | -64.8% | -34.7% | -2.5% |
| 2021 | +12.3% | -51.2% | +72.9% |
| 2020 | -73.1% | +335.8% | +7.8% |
| 2019 | +591.7% | +5.7% | +42.4% |
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 Friends Of Pioneer Homestead with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Friends Of Pioneer Homestead allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $152K, with expenses exceeding revenue.
- Debt-to-asset ratio: 32.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filing periods, indicating that no officers or key employees receive compensation from the organization, which is a positive sign for resource allocation.
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 Pioneer Homestead's IRS 990 filings:
- Consistent operating deficits (e.g., 2023: $43,701 revenue vs. $195,889 expenses)
- Significant increase in liabilities from $0 in 2017 to $517,225 in 2023
- Expenses frequently exceed revenue, indicating unsustainable financial practices
- Lack of detailed functional expense breakdown to assess spending efficiency
Strengths
The following positive indicators were identified for Friends Of Pioneer Homestead:
- No officer compensation reported across all filing periods, indicating efficient use of funds for leadership
- Substantial asset base ($1,555,259) provides some financial cushion, though being depleted by deficits
- Clear mission focus as indicated by NTEE code L112 (Historical Societies and Historic Preservation)
- Good filing history with 13 available IRS 990 filings
Frequently Asked Questions about Friends Of Pioneer Homestead
Is Friends Of Pioneer Homestead a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Pioneer Homestead (EIN: 200122268) some concerns. Mission Score: 55/100. 4 red flags identified, 4 strengths noted.
How does Friends Of Pioneer Homestead spend its money?
Friends Of Pioneer Homestead directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Friends Of Pioneer Homestead tax-deductible?
Friends Of Pioneer Homestead is registered as a tax-exempt nonprofit (EIN: 200122268). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Friends Of Pioneer Homestead's spending goes to programs?
Friends Of Pioneer Homestead directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Friends Of Pioneer Homestead compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Friends Of Pioneer Homestead is near average for NTEE category L112 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Friends Of Pioneer Homestead located?
Friends Of Pioneer Homestead is headquartered in Jackson, Wyoming and files with the IRS under EIN 200122268. It is classified under NTEE code L112.
How many years of IRS 990 filings does Friends Of Pioneer Homestead have?
Friends Of Pioneer Homestead has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $88K in total revenue.
Is Friends Of Pioneer Homestead financially sustainable?
Based on the provided data, the organization is not financially sustainable in its current state, as expenses have consistently outpaced revenue in most recent years, leading to a significant increase in liabilities from $0 in 2017 to $517,225 in 2023.
What is the primary reason for the increase in liabilities?
The primary reason for the increase in liabilities appears to be the consistent operating deficits, where expenses have exceeded revenue, forcing the organization to incur debt or draw down on reserves to cover costs.
How does the organization fund its operations given the revenue shortfalls?
Given the revenue shortfalls, the organization likely funds its operations by drawing upon its substantial assets (currently $1,555,259) or by incurring new liabilities, as evidenced by the significant increase in liabilities over time.
What is the trend in the organization's assets?
The organization's assets have shown fluctuations but generally increased from $625,933 in 2017 to a peak of $1,746,106 in 2021, before slightly declining to $1,613,050 in 2023. However, this growth is accompanied by a disproportionate increase in liabilities.
Filing History
IRS 990 filing history for Friends Of Pioneer Homestead showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Friends Of Pioneer Homestead's revenue has declined by 1.7%, moving from $44K to $44K. Total assets increased by 231.7% over the same period, from $486K to $1.6M. Total functional expenses rose by 9778.4%, from $2K to $196K. In its most recent filing year (2023), Friends Of Pioneer Homestead reported a deficit of $152K, with expenses exceeding revenue. The organization holds $517K in liabilities against $1.6M in assets (debt-to-asset ratio: 32.1%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $44K | $196K | $1.6M | $517K | — | — |
| 2022 | $30K | $94K | $1.7M | $455K | — | View 990 |
| 2021 | $85K | $145K | $1.7M | $434K | — | View 990 |
| 2020 | $76K | $296K | $1.0M | $415K | — | — |
| 2019 | $281K | $68K | $937K | $122K | — | View 990 |
| 2018 | $41K | $64K | $658K | $55K | — | View 990 |
| 2017 | $81K | $83K | $626K | $0 | — | View 990 |
| 2016 | $44K | $86K | $628K | $0 | — | View 990 |
| 2015 | $45K | $28K | $670K | $0 | — | View 990 |
| 2014 | $48K | $64K | $653K | $0 | — | View 990 |
| 2013 | $46K | $60K | $669K | $0 | — | View 990 |
| 2012 | $42K | $37K | $491K | $0 | — | View 990 |
| 2011 | $44K | $2K | $486K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $44K, expenses of $196K, and assets of $1.6M (revenue +46.4% year-over-year).
- 2022: Revenue of $30K, expenses of $94K, and assets of $1.7M (revenue -64.8% year-over-year).
- 2021: Revenue of $85K, expenses of $145K, and assets of $1.7M (revenue +12.3% year-over-year).
- 2020: Revenue of $76K, expenses of $296K, and assets of $1.0M (revenue -73.1% year-over-year).
- 2019: Revenue of $281K, expenses of $68K, and assets of $937K (revenue +591.7% year-over-year).
- 2018: Revenue of $41K, expenses of $64K, and assets of $658K (revenue -50.2% year-over-year).
- 2017: Revenue of $81K, expenses of $83K, and assets of $626K (revenue +85.9% year-over-year).
- 2016: Revenue of $44K, expenses of $86K, and assets of $628K (revenue -3.0% year-over-year).
- 2015: Revenue of $45K, expenses of $28K, and assets of $670K (revenue -5.2% year-over-year).
- 2014: Revenue of $48K, expenses of $64K, and assets of $653K (revenue +3.0% year-over-year).
- 2013: Revenue of $46K, expenses of $60K, and assets of $669K (revenue +9.7% year-over-year).
- 2012: Revenue of $42K, expenses of $37K, and assets of $491K (revenue -5.1% year-over-year).
- 2011: Revenue of $44K, expenses of $2K, and assets of $486K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Friends Of Pioneer Homestead:
Data Sources and Methodology
This transparency report for Friends Of Pioneer Homestead 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.