P S 11 Programs Inc
P S 11 Programs Inc operates with tight margins and no reported officer compensation, showing fluctuating asset levels.
EIN: 133980802 · New York, NY · NTEE: O50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.7M |
| Total Expenses | $1.6M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.5 |
| Net Assets | $52K |
| Transparency Score | 85/100 |
Is P S 11 Programs Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
P S 11 Programs Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About P S 11 Programs Inc
P S 11 Programs Inc (EIN: 133980802) is a nonprofit organization based in New York, NY, classified under NTEE code O50. The organization reported total revenue of $1.7M and total assets of $78K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of P S 11 Programs Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
P S 11 Programs Inc is a mid-size nonprofit that has been operating for 27 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.6M |
| Surplus / Deficit | $-33,216 |
| Total Assets | $275K |
| Total Liabilities | $223K |
| Net Assets | $52K |
| Operating Margin | -2.2% |
| Debt-to-Asset Ratio | 81.0% |
| Months of Reserves | 2.1 months |
Financial Health Grade: D
In 2023, P S 11 Programs Inc reported a deficit of $33K with expenses exceeding revenue, holds 2.1 months of operating reserves (limited), has a debt-to-asset ratio of 81.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), P S 11 Programs Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.3% | +13.6% | +7.9% |
| 2022 | +106.6% | +72.2% | +0.9% |
| 2021 | -35.2% | -27.9% | +11.2% |
| 2020 | -21.8% | -24.0% | +2536.8% |
| 2019 | +7.7% | +5.6% | -54.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1999 |
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 P S 11 Programs Inc with a Mission Score of 85 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, P S 11 Programs Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $33K, with expenses exceeding revenue.
- Debt-to-asset ratio: 81.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not categorized as officer compensation, which is highly unusual for an organization with over $1.5 million in annual revenue.
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 P S 11 Programs Inc's IRS 990 filings:
- Significant fluctuations in assets without clear explanation in public filings (e.g., $275,403 in 2023 to $77,552 latest).
- Operating with consistently low asset reserves relative to annual expenses, potentially indicating limited financial stability.
- No reported officer compensation for an organization with over $1.5 million in revenue, which is unusual and warrants further inquiry into leadership compensation structure.
Strengths
The following positive indicators were identified for P S 11 Programs Inc:
- Consistent history of IRS 990 filings, indicating good compliance and transparency.
- Zero reported officer compensation across all filings, suggesting a high dedication of funds to programs.
- Generally stable revenue generation over the past decade, indicating consistent donor or grant support.
Frequently Asked Questions about P S 11 Programs Inc
Is P S 11 Programs Inc a legitimate charity?
P S 11 Programs Inc (EIN: 133980802) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.7M. 3 red flags identified. 3 strengths noted. Financial health grade: D.
How does P S 11 Programs Inc spend its money?
P S 11 Programs Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to P S 11 Programs Inc tax-deductible?
P S 11 Programs Inc is registered as a tax-exempt nonprofit (EIN: 133980802). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the P S 11 Programs Inc CEO make?
P S 11 Programs Inc's highest-compensated officer earns $1.5 annually. The organization reported $1.7M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of P S 11 Programs Inc's spending goes to programs?
P S 11 Programs Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does P S 11 Programs Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), P S 11 Programs Inc is above average for NTEE category O50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is P S 11 Programs Inc located?
P S 11 Programs Inc is headquartered in New York, New York and files with the IRS under EIN 133980802. It is classified under NTEE code O50.
How many years of IRS 990 filings does P S 11 Programs Inc have?
P S 11 Programs Inc 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 $1.7M in total revenue.
How does P S 11 Programs Inc manage to operate with no reported officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership may be entirely volunteer-based or compensated through mechanisms not classified as 'officer compensation' on the IRS Form 990. This is a significant operational characteristic for an organization of its size.
What caused the significant fluctuation in assets, such as the drop from $275,403 in 2023 to $77,552 in the latest period?
The substantial decrease in assets from $275,403 in 2023 to $77,552 in the latest period could be due to several factors, including significant capital expenditures, repayment of liabilities, or a temporary decline in funding that necessitated drawing down reserves. Further detailed financial statements would be needed to pinpoint the exact cause.
What is the organization's strategy for building financial reserves, given its relatively low asset base compared to annual revenue?
With assets of $77,552 against latest revenue of $1,703,593, the organization appears to operate with limited financial reserves. This suggests a strategy focused on immediate program delivery rather than accumulating substantial reserves, which could make it vulnerable to funding fluctuations.
Filing History
IRS 990 filing history for P S 11 Programs Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), P S 11 Programs Inc's revenue has grown by 162.5%, moving from $579K to $1.5M. Total assets increased by 5902.7% over the same period, from $5K to $275K. Total functional expenses rose by 168.9%, from $578K to $1.6M. In its most recent filing year (2023), P S 11 Programs Inc reported a deficit of $33K, with expenses exceeding revenue. The organization holds $223K in liabilities against $275K in assets (debt-to-asset ratio: 81.0%), resulting in net assets of $52K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.6M | $275K | $223K | — | — |
| 2022 | $1.5M | $1.4M | $255K | $170K | — | View 990 |
| 2021 | $726K | $795K | $253K | $300K | — | View 990 |
| 2020 | $1.1M | $1.1M | $228K | $206K | — | — |
| 2019 | $1.4M | $1.4M | $9K | $7K | — | View 990 |
| 2018 | $1.3M | $1.4M | $19K | $1K | — | View 990 |
| 2017 | $1.3M | $1.3M | $63K | $4K | — | — |
| 2016 | $1.3M | $1.2M | $22K | $13K | — | View 990 |
| 2015 | $1.1M | $1.1M | $2K | $1K | — | View 990 |
| 2014 | $985K | $983K | $4K | $2K | — | View 990 |
| 2013 | $803K | $803K | $7K | $7K | — | View 990 |
| 2012 | $707K | $707K | $5K | $5K | — | View 990 |
| 2011 | $579K | $578K | $5K | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.6M, and assets of $275K (revenue +1.3% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.4M, and assets of $255K (revenue +106.6% year-over-year).
- 2021: Revenue of $726K, expenses of $795K, and assets of $253K (revenue -35.2% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.1M, and assets of $228K (revenue -21.8% year-over-year).
- 2019: Revenue of $1.4M, expenses of $1.4M, and assets of $9K (revenue +7.7% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.4M, and assets of $19K (revenue -1.4% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.3M, and assets of $63K (revenue +7.4% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.2M, and assets of $22K (revenue +15.9% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $2K (revenue +10.1% year-over-year).
- 2014: Revenue of $985K, expenses of $983K, and assets of $4K (revenue +22.6% year-over-year).
- 2013: Revenue of $803K, expenses of $803K, and assets of $7K (revenue +13.7% year-over-year).
- 2012: Revenue of $707K, expenses of $707K, and assets of $5K (revenue +22.0% year-over-year).
- 2011: Revenue of $579K, expenses of $578K, and assets of $5K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for P S 11 Programs Inc:
Data Sources and Methodology
This transparency report for P S 11 Programs 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.