Paloian Family Foundation Inc
EIN: 274539210 · Fairfield, CT · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $12K |
| Total Expenses | $25K |
| Net Assets | $678 |
Is Paloian Family 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 Paloian Family Foundation Inc
Paloian Family Foundation Inc (EIN: 274539210) is a nonprofit organization based in Fairfield, CT, classified under NTEE code T22. The organization reported total revenue of $12K and total assets of $503 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Paloian Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Paloian Family Foundation Inc is a micro nonprofit that has been operating for 12 years, with 8 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -16.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $26K |
| Total Expenses | $25K |
| Surplus / Deficit | +$321 |
| Total Assets | $679 |
| Total Liabilities | $1 |
| Net Assets | $678 |
| Operating Margin | 1.2% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 0.3 months |
Financial Health Grade: A
In 2023, Paloian Family Foundation Inc reported a surplus of $321 with revenue exceeding expenses, holds 0.3 months of operating reserves (limited), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 8 years of filings (2013–2023), Paloian Family Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -16.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.7% | -30.2% | +89.7% |
| 2022 | -30.7% | -20.1% | -89.7% |
| 2021 | +40.8% | +31.4% | +236.3% |
| 2020 | -18.5% | -18.7% | -35.5% |
| 2019 | -79.2% | -78.3% | -78.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Paloian Family 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 Paloian Family 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $321, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Paloian Family Foundation Inc
Is Paloian Family Foundation Inc a legitimate charity?
Paloian Family Foundation Inc (EIN: 274539210) is a registered tax-exempt nonprofit based in Connecticut. It has 8 years of IRS 990 filings on record. Total revenue: $12K. No red flags identified. Financial health grade: A.
How does Paloian Family Foundation Inc spend its money?
Paloian Family Foundation Inc reported $12K in total revenue in IRS 990 filings. 8 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Paloian Family Foundation Inc tax-deductible?
Paloian Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 274539210). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Paloian Family Foundation Inc located?
Paloian Family Foundation Inc is headquartered in Fairfield, Connecticut and files with the IRS under EIN 274539210. It is classified under NTEE code T22.
How many years of IRS 990 filings does Paloian Family Foundation Inc have?
Paloian Family Foundation Inc has 8 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 $12K in total revenue.
Filing History
IRS 990 filing history for Paloian Family Foundation Inc showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2013–2023), Paloian Family Foundation Inc's revenue has declined by 82.9%, moving from $150K to $26K. Total assets decreased by 95.7% over the same period, from $16K to $679. Total functional expenses fell by 84.6%, from $165K to $25K. In its most recent filing year (2023), Paloian Family Foundation Inc reported a surplus of $321, with revenue exceeding expenses. The organization holds $1 in liabilities against $679 in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $678.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $26K | $25K | $679 | $1 | — | — |
| 2022 | $33K | $36K | $358 | $1 | — | — |
| 2021 | $48K | $45K | $3K | $260 | — | View 990 |
| 2020 | $34K | $35K | $1K | $243 | — | — |
| 2019 | $42K | $43K | $2K | $234 | — | View 990 |
| 2015 | $201K | $196K | $8K | $215 | — | View 990 |
| 2014 | $250K | $263K | $3K | $330 | — | View 990 |
| 2013 | $150K | $165K | $16K | $323 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $26K, expenses of $25K, and assets of $679 (revenue -22.7% year-over-year).
- 2022: Revenue of $33K, expenses of $36K, and assets of $358 (revenue -30.7% year-over-year).
- 2021: Revenue of $48K, expenses of $45K, and assets of $3K (revenue +40.8% year-over-year).
- 2020: Revenue of $34K, expenses of $35K, and assets of $1K (revenue -18.5% year-over-year).
- 2019: Revenue of $42K, expenses of $43K, and assets of $2K (revenue -79.2% year-over-year).
- 2015: Revenue of $201K, expenses of $196K, and assets of $8K (revenue -19.6% year-over-year).
- 2014: Revenue of $250K, expenses of $263K, and assets of $3K (revenue +66.7% year-over-year).
- 2013: Revenue of $150K, expenses of $165K, and assets of $16K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Paloian Family Foundation Inc:
Data Sources and Methodology
This transparency report for Paloian Family 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.