New Prospect Elementary School Pto
EIN: 570855188 · Anderson, SC · NTEE: B11
| Metric | Value |
|---|---|
| Total Revenue | $20K |
| Total Expenses | $3K |
| Net Assets | $13K |
Is New Prospect Elementary School Pto Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About New Prospect Elementary School Pto
New Prospect Elementary School Pto (EIN: 570855188) is a nonprofit organization based in Anderson, SC, classified under NTEE code B11. The organization reported total revenue of $20K and total assets of $18K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of New Prospect Elementary School Pto's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
New Prospect Elementary School Pto is a micro nonprofit that has been operating for 14 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $7K |
| Total Expenses | $3K |
| Surplus / Deficit | +$4K |
| Total Assets | $13K |
| Net Assets | $13K |
| Operating Margin | 61.3% |
| Months of Reserves | 57.3 months |
Financial Health Grade: A
In 2023, New Prospect Elementary School Pto reported a surplus of $4K with revenue exceeding expenses, holds 57.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), New Prospect Elementary School Pto's revenue has declined at a compound annual growth rate (CAGR) of -7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +54.9% | -55.0% | +49.7% |
| 2022 | -20.8% | +359.4% | -14.8% |
| 2021 | -29.4% | -57.8% | +76.6% |
| 2019 | -163.9% | +76.2% | -97.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for New Prospect Elementary School Pto has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates New Prospect Elementary School Pto with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $4K, with revenue exceeding expenses.
Frequently Asked Questions about New Prospect Elementary School Pto
Is New Prospect Elementary School Pto a legitimate charity?
New Prospect Elementary School Pto (EIN: 570855188) is a registered tax-exempt nonprofit based in South Carolina. It has 13 years of IRS 990 filings on record. Total revenue: $20K. No red flags identified. Financial health grade: A.
How does New Prospect Elementary School Pto spend its money?
New Prospect Elementary School Pto reported $20K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to New Prospect Elementary School Pto tax-deductible?
New Prospect Elementary School Pto is registered as a tax-exempt nonprofit (EIN: 570855188). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is New Prospect Elementary School Pto located?
New Prospect Elementary School Pto is headquartered in Anderson, South Carolina and files with the IRS under EIN 570855188. It is classified under NTEE code B11.
How many years of IRS 990 filings does New Prospect Elementary School Pto have?
New Prospect Elementary School Pto 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 $20K in total revenue.
Filing History
IRS 990 filing history for New Prospect Elementary School Pto showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), New Prospect Elementary School Pto's revenue has declined by 62.2%, moving from $18K to $7K. Total assets decreased by 43.2% over the same period, from $23K to $13K. Total functional expenses fell by 79.7%, from $13K to $3K. In its most recent filing year (2023), New Prospect Elementary School Pto reported a surplus of $4K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $7K | $3K | $13K | $0 | — | — |
| 2022 | $5K | $6K | $9K | $0 | — | — |
| 2021 | $6K | $1K | $10K | $0 | — | View 990 |
| 2020 | $8K | $3K | $6K | $0 | — | View 990 |
| 2019 | $-6,655 | $19K | $766 | $0 | — | View 990 |
| 2018 | $10K | $11K | $26K | $0 | — | View 990 |
| 2017 | $11K | $10K | $26K | $0 | — | View 990 |
| 2016 | $14K | $8K | $26K | $0 | — | View 990 |
| 2015 | $14K | $5K | $20K | $0 | — | View 990 |
| 2014 | $16K | $0 | $1 | $0 | — | View 990 |
| 2013 | $22K | $0 | $0 | $0 | — | View 990 |
| 2012 | $33K | $0 | $0 | $0 | — | View 990 |
| 2011 | $18K | $13K | $23K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $7K, expenses of $3K, and assets of $13K (revenue +54.9% year-over-year).
- 2022: Revenue of $5K, expenses of $6K, and assets of $9K (revenue -20.8% year-over-year).
- 2021: Revenue of $6K, expenses of $1K, and assets of $10K (revenue -29.4% year-over-year).
- 2020: Revenue of $8K, expenses of $3K, and assets of $6K.
- 2019: Revenue of $-6,655, expenses of $19K, and assets of $766 (revenue -163.9% year-over-year).
- 2018: Revenue of $10K, expenses of $11K, and assets of $26K (revenue -2.9% year-over-year).
- 2017: Revenue of $11K, expenses of $10K, and assets of $26K (revenue -21.7% year-over-year).
- 2016: Revenue of $14K, expenses of $8K, and assets of $26K (revenue -3.0% year-over-year).
- 2015: Revenue of $14K, expenses of $5K, and assets of $20K (revenue -9.6% year-over-year).
- 2014: Revenue of $16K, expenses of $0, and assets of $1 (revenue -27.8% year-over-year).
- 2013: Revenue of $22K, expenses of $0, and assets of $0 (revenue -34.3% year-over-year).
- 2012: Revenue of $33K, expenses of $0, and assets of $0 (revenue +78.2% year-over-year).
- 2011: Revenue of $18K, expenses of $13K, and assets of $23K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for New Prospect Elementary School Pto:
Data Sources and Methodology
This transparency report for New Prospect Elementary School Pto 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.