P230 Foundation Inc
EIN: 462091228 · Toccoa, GA · NTEE: X20
Is P230 Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About P230 Foundation Inc
P230 Foundation Inc (EIN: 462091228) is a nonprofit organization based in Toccoa, GA, classified under NTEE code X20. The organization reported total revenue of $157K and total assets of $261K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of P230 Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for P230 Foundation Inc 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 P230 Foundation Inc 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.
Frequently Asked Questions about P230 Foundation Inc
Is P230 Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, P230 Foundation Inc (EIN: 462091228) insufficient data. 0 red flags identified, 0 strengths noted.
How does P230 Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for P230 Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to P230 Foundation Inc tax-deductible?
P230 Foundation Inc is registered as a tax-exempt nonprofit (EIN: 462091228). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for P230 Foundation Inc showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), P230 Foundation Inc's revenue has grown by 114.6%, moving from $87K to $186K. Total assets increased by 734.6% over the same period, from $28K to $233K. Total functional expenses rose by 134.2%, from $66K to $155K. In its most recent filing year (2023), P230 Foundation Inc reported a surplus of $31K, with revenue exceeding expenses. The organization holds $300 in liabilities against $233K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $233K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $186K | $155K | $233K | $300 | — | — |
| 2022 | $214K | $111K | $202K | $230 | — | View 990 |
| 2021 | $119K | $110K | $123K | $0 | — | View 990 |
| 2020 | $146K | $127K | $114K | $0 | — | View 990 |
| 2019 | $127K | $87K | $95K | $0 | — | View 990 |
| 2018 | $109K | $99K | $55K | $0 | — | View 990 |
| 2017 | $116K | $100K | $45K | $0 | — | View 990 |
| 2016 | $97K | $96K | $29K | $0 | — | View 990 |
| 2015 | $87K | $66K | $28K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $186K, expenses of $155K, and assets of $233K (revenue -13.0% year-over-year).
- 2022: Revenue of $214K, expenses of $111K, and assets of $202K (revenue +80.4% year-over-year).
- 2021: Revenue of $119K, expenses of $110K, and assets of $123K (revenue -18.6% year-over-year).
- 2020: Revenue of $146K, expenses of $127K, and assets of $114K (revenue +14.8% year-over-year).
- 2019: Revenue of $127K, expenses of $87K, and assets of $95K (revenue +16.6% year-over-year).
- 2018: Revenue of $109K, expenses of $99K, and assets of $55K (revenue -6.4% year-over-year).
- 2017: Revenue of $116K, expenses of $100K, and assets of $45K (revenue +20.3% year-over-year).
- 2016: Revenue of $97K, expenses of $96K, and assets of $29K (revenue +11.5% year-over-year).
- 2015: Revenue of $87K, expenses of $66K, and assets of $28K.
Data Sources and Methodology
This transparency report for P230 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.