North 10 Philadelphia
North 10 Philadelphia maintains strong asset growth and reports no officer compensation.
EIN: 205105110 · Philadelphia, PA · NTEE: O20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.7M |
| Total Expenses | $2.7M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $18,792,660 |
| Net Assets | $21.3M |
| Transparency Score | 90/100 |
Is North 10 Philadelphia Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
North 10 Philadelphia directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About North 10 Philadelphia
North 10 Philadelphia (EIN: 205105110) is a nonprofit organization based in Philadelphia, PA, classified under NTEE code O20. The organization reported total revenue of $6.7M and total assets of $18.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of North 10 Philadelphia's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
North 10 Philadelphia is a mid-size nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2015–2019). Revenue has grown at a compound annual rate of 40.4%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.0M |
| Total Expenses | $2.7M |
| Surplus / Deficit | $-769,456 |
| Total Assets | $21.4M |
| Total Liabilities | $106K |
| Net Assets | $21.3M |
| Operating Margin | -39.2% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 94.1 months |
Financial Health Grade: B
In 2019, North 10 Philadelphia reported a deficit of $769K with expenses exceeding revenue, holds 94.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 5 years of filings (2015–2019), North 10 Philadelphia's revenue has grown at a compound annual growth rate (CAGR) of 40.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | -68.8% | -13.4% | +0.6% |
| 2018 | +7.9% | +47.4% | +11.3% |
| 2017 | -49.7% | +57.8% | +27.8% |
| 2016 | +2196.6% | +132.5% | +55.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2019 |
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 North 10 Philadelphia 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, North 10 Philadelphia 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 (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $769K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization. This is highly unusual for an organization of this size with current assets of $18,792,660 and revenue of $6,723,717, suggesting either a volunteer-led executive team or compensation is covered by a related entity, which would warrant further investigation for full transparency.
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 North 10 Philadelphia's IRS 990 filings:
- Unusually low or 0% reported officer compensation for an organization of this size, which may obscure actual executive remuneration if paid by a related entity.
Strengths
The following positive indicators were identified for North 10 Philadelphia:
- Consistent reporting of 0% officer compensation, indicating a strong commitment to program spending.
- Significant asset growth from $9,634,514 in 2015 to $18,792,660 currently, demonstrating financial stability and capacity.
- Relatively low liabilities compared to assets, indicating a healthy balance sheet.
- Latest revenue of $6,723,717 shows a strong rebound from a dip in 2019.
Frequently Asked Questions about North 10 Philadelphia
Is North 10 Philadelphia a legitimate charity?
Based on AI analysis of IRS 990 filings, North 10 Philadelphia (EIN: 205105110) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does North 10 Philadelphia spend its money?
North 10 Philadelphia directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to North 10 Philadelphia tax-deductible?
North 10 Philadelphia is registered as a tax-exempt nonprofit (EIN: 205105110). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the North 10 Philadelphia CEO make?
North 10 Philadelphia's highest-compensated officer earns $18,792,660 annually. The organization reported $6.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of North 10 Philadelphia's spending goes to programs?
North 10 Philadelphia directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does North 10 Philadelphia compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), North 10 Philadelphia is above average for NTEE category O20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is North 10 Philadelphia located?
North 10 Philadelphia is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 205105110. It is classified under NTEE code O20.
How many years of IRS 990 filings does North 10 Philadelphia have?
North 10 Philadelphia has 5 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 $6.7M in total revenue.
Is North 10 Philadelphia a good charity?
Based on the available IRS 990 data, North 10 Philadelphia appears to be a financially stable organization with significant assets and a strong commitment to directing funds towards its mission, as evidenced by 0% reported officer compensation. Its asset growth and relatively low liabilities are positive indicators.
How does North 10 Philadelphia manage its executive compensation?
The IRS 990 filings consistently report 0% officer compensation, which is exceptional for an organization of its size. This suggests a highly volunteer-driven leadership or that executive salaries are covered by an external source, which would require deeper inquiry to understand the full compensation structure.
What is the trend in North 10 Philadelphia's revenue?
North 10 Philadelphia's revenue has fluctuated significantly, peaking at $11,601,527 in 2016, dropping to $1,962,611 in 2019, and then rebounding to $6,723,717 in the latest period. This indicates variability in funding sources or project cycles.
Are North 10 Philadelphia's assets growing?
Yes, the organization's assets have shown substantial growth, increasing from $9,634,514 in 2015 to $18,792,660 currently, demonstrating strong financial accumulation and capacity over time.
Filing History
IRS 990 filing history for North 10 Philadelphia showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2015–2019), North 10 Philadelphia's revenue has grown by 288.5%, moving from $505K to $2.0M. Total assets increased by 122.3% over the same period, from $9.6M to $21.4M. Total functional expenses rose by 368.1%, from $584K to $2.7M. In its most recent filing year (2019), North 10 Philadelphia reported a deficit of $769K, with expenses exceeding revenue. The organization holds $106K in liabilities against $21.4M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $21.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $2.0M | $2.7M | $21.4M | $106K | — | View 990 |
| 2018 | $6.3M | $3.2M | $21.3M | $104K | — | — |
| 2017 | $5.8M | $2.1M | $19.1M | $74K | — | View 990 |
| 2016 | $11.6M | $1.4M | $15.0M | $112K | — | View 990 |
| 2015 | $505K | $584K | $9.6M | $94K | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $2.0M, expenses of $2.7M, and assets of $21.4M (revenue -68.8% year-over-year).
- 2018: Revenue of $6.3M, expenses of $3.2M, and assets of $21.3M (revenue +7.9% year-over-year).
- 2017: Revenue of $5.8M, expenses of $2.1M, and assets of $19.1M (revenue -49.7% year-over-year).
- 2016: Revenue of $11.6M, expenses of $1.4M, and assets of $15.0M (revenue +2196.6% year-over-year).
- 2015: Revenue of $505K, expenses of $584K, and assets of $9.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for North 10 Philadelphia:
Data Sources and Methodology
This transparency report for North 10 Philadelphia 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.