Je Pittman And Marjorie B Pittman Foundation Inc
Je Pittman And Marjorie B Pittman Foundation Inc maintains strong asset growth with zero officer compensation.
EIN: 204355074 · Enterprise, AL · NTEE: T22 · Updated: 2026-03-28
Is Je Pittman And Marjorie B Pittman Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Je Pittman And Marjorie B Pittman Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Je Pittman And Marjorie B Pittman Foundation Inc
Je Pittman And Marjorie B Pittman Foundation Inc (EIN: 204355074) is a nonprofit organization based in Enterprise, AL, classified under NTEE code T22. The organization reported total revenue of $33K and total assets of $382K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Je Pittman And Marjorie B Pittman Foundation Inc'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 Je Pittman And Marjorie B Pittman Foundation Inc 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: 90%
- fundraising: 0%
According to IRS 990 filings, Je Pittman And Marjorie B Pittman Foundation Inc 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
Executive compensation has consistently been reported as 0% across all available filings, indicating that the foundation operates without paying salaries to its officers, which is highly efficient for an organization of its size with assets of $354,220 in 2023.
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 Je Pittman And Marjorie B Pittman Foundation Inc:
- Consistent asset growth from $199,928 in 2011 to $354,220 in 2023.
- Zero officer compensation reported across all filings, indicating high operational efficiency.
- Minimal liabilities consistently reported, often just $1, reflecting strong financial health.
- Consistent filing of IRS Form 990s over a decade, demonstrating transparency.
- Expenses generally kept below revenue, contributing to financial stability.
Frequently Asked Questions about Je Pittman And Marjorie B Pittman Foundation Inc
Is Je Pittman And Marjorie B Pittman Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Je Pittman And Marjorie B Pittman Foundation Inc (EIN: 204355074) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does Je Pittman And Marjorie B Pittman Foundation Inc spend its money?
Je Pittman And Marjorie B Pittman Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Je Pittman And Marjorie B Pittman Foundation Inc tax-deductible?
Je Pittman And Marjorie B Pittman Foundation Inc is registered as a tax-exempt nonprofit (EIN: 204355074). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Je Pittman And Marjorie B Pittman Foundation Inc a good charity?
Based on the available financial data, the foundation appears to be a well-managed entity. It consistently grows its assets, maintains minimal liabilities, and reports 0% officer compensation, suggesting high efficiency and a strong focus on its mission without significant overhead.
How has the foundation's asset base changed over time?
The foundation's assets have shown consistent growth, increasing from $199,928 in 2011 to $354,220 in 2023, indicating sound financial management and accumulation of resources.
What is the trend in revenue and expenses?
Revenue has fluctuated, with a high of $55,160 in 2015 and a recent $28,621 in 2023. Expenses have generally been lower than revenue, contributing to asset growth, though there were years like 2021 ($9,698 revenue vs. $21,888 expenses) where expenses exceeded revenue.
Filing History
IRS 990 filing history for Je Pittman And Marjorie B Pittman Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Je Pittman And Marjorie B Pittman Foundation Inc's revenue has declined by 21.4%, moving from $36K to $29K. Total assets increased by 77.2% over the same period, from $200K to $354K. Total functional expenses rose by 21.5%, from $18K to $22K. In its most recent filing year (2023), Je Pittman And Marjorie B Pittman Foundation Inc reported a surplus of $7K, with revenue exceeding expenses. The organization holds $1 in liabilities against $354K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $354K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $29K | $22K | $354K | $1 | — | — |
| 2022 | $26K | $24K | $339K | $1 | — | — |
| 2021 | $10K | $22K | $381K | $1 | — | — |
| 2020 | $8K | $7K | $367K | $1 | — | — |
| 2019 | $10K | $18K | $339K | $1 | — | View 990 |
| 2015 | $55K | $19K | $278K | $1 | — | View 990 |
| 2014 | $36K | $23K | $288K | $1 | — | View 990 |
| 2013 | $43K | $5K | $260K | $1 | — | View 990 |
| 2012 | $33K | $19K | $204K | $9K | — | View 990 |
| 2011 | $36K | $18K | $200K | $21K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $29K, expenses of $22K, and assets of $354K (revenue +11.7% year-over-year).
- 2022: Revenue of $26K, expenses of $24K, and assets of $339K (revenue +164.1% year-over-year).
- 2021: Revenue of $10K, expenses of $22K, and assets of $381K (revenue +17.0% year-over-year).
- 2020: Revenue of $8K, expenses of $7K, and assets of $367K (revenue -18.3% year-over-year).
- 2019: Revenue of $10K, expenses of $18K, and assets of $339K (revenue -81.6% year-over-year).
- 2015: Revenue of $55K, expenses of $19K, and assets of $278K (revenue +53.0% year-over-year).
- 2014: Revenue of $36K, expenses of $23K, and assets of $288K (revenue -15.4% year-over-year).
- 2013: Revenue of $43K, expenses of $5K, and assets of $260K (revenue +30.0% year-over-year).
- 2012: Revenue of $33K, expenses of $19K, and assets of $204K (revenue -10.0% year-over-year).
- 2011: Revenue of $36K, expenses of $18K, and assets of $200K.
Data Sources and Methodology
This transparency report for Je Pittman And Marjorie B Pittman Foundation Inc 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.