Panhandle Regional Economic Development Coalition Inc
EIN: 731549211 · Guymon, OK
| Metric | Value |
|---|---|
| Total Revenue | $60K |
| Total Expenses | $75K |
| Net Assets | $103K |
Is Panhandle Regional Economic Development Coalition Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Panhandle Regional Economic Development Coalition Inc
Panhandle Regional Economic Development Coalition Inc (EIN: 731549211) is a nonprofit organization based in Guymon, OK. The organization reported total revenue of $60K and total assets of $103K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Panhandle Regional Economic Development Coalition Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Panhandle Regional Economic Development Coalition Inc is a micro nonprofit that has been operating for 28 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 2.9%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $60K |
| Total Expenses | $75K |
| Surplus / Deficit | $-15,327 |
| Total Assets | $103K |
| Net Assets | $103K |
| Operating Margin | -25.7% |
| Months of Reserves | 16.4 months |
Financial Health Grade: B
In 2022, Panhandle Regional Economic Development Coalition Inc reported a deficit of $15K with expenses exceeding revenue, holds 16.4 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Panhandle Regional Economic Development Coalition Inc's revenue has grown at a compound annual growth rate (CAGR) of 2.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -2.5% | -10.1% | -13.0% |
| 2021 | -0.6% | +4.3% | -15.9% |
| 2020 | +27.9% | +89.0% | -11.8% |
| 2019 | -52.2% | -54.6% | +4.0% |
| 2018 | +23.4% | -4.4% | +5.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1998 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Panhandle Regional Economic Development Coalition 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 Panhandle Regional Economic Development Coalition 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $15K, with expenses exceeding revenue.
Frequently Asked Questions about Panhandle Regional Economic Development Coalition Inc
Is Panhandle Regional Economic Development Coalition Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Panhandle Regional Economic Development Coalition Inc (EIN: 731549211) insufficient data. 0 red flags identified, 0 strengths noted.
How does Panhandle Regional Economic Development Coalition Inc spend its money?
Detailed spending breakdown data is not yet available for Panhandle Regional Economic Development Coalition Inc. Check back for updated IRS 990 analysis.
Are donations to Panhandle Regional Economic Development Coalition Inc tax-deductible?
Panhandle Regional Economic Development Coalition Inc is registered as a tax-exempt nonprofit (EIN: 731549211). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Panhandle Regional Economic Development Coalition Inc located?
Panhandle Regional Economic Development Coalition Inc is headquartered in Guymon, Oklahoma and files with the IRS under EIN 731549211.
How many years of IRS 990 filings does Panhandle Regional Economic Development Coalition Inc have?
Panhandle Regional Economic Development Coalition Inc has 12 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 $60K in total revenue.
Filing History
IRS 990 filing history for Panhandle Regional Economic Development Coalition Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Panhandle Regional Economic Development Coalition Inc's revenue has grown by 37.5%, moving from $43K to $60K. Total assets decreased by 35.1% over the same period, from $158K to $103K. Total functional expenses rose by 113.7%, from $35K to $75K. In its most recent filing year (2022), Panhandle Regional Economic Development Coalition Inc reported a deficit of $15K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $60K | $75K | $103K | $0 | — | — |
| 2021 | $61K | $83K | $118K | $0 | — | — |
| 2020 | $62K | $80K | $140K | $0 | — | View 990 |
| 2019 | $48K | $42K | $159K | $329 | — | View 990 |
| 2018 | $101K | $93K | $153K | $0 | — | View 990 |
| 2017 | $82K | $98K | $146K | $0 | — | View 990 |
| 2016 | $93K | $82K | $162K | $0 | — | View 990 |
| 2015 | $98K | $104K | $151K | $0 | — | View 990 |
| 2014 | $76K | $67K | $157K | $0 | — | View 990 |
| 2013 | $74K | $77K | $149K | $0 | — | View 990 |
| 2012 | $65K | $72K | $152K | $0 | — | View 990 |
| 2011 | $43K | $35K | $158K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $60K, expenses of $75K, and assets of $103K (revenue -2.5% year-over-year).
- 2021: Revenue of $61K, expenses of $83K, and assets of $118K (revenue -0.6% year-over-year).
- 2020: Revenue of $62K, expenses of $80K, and assets of $140K (revenue +27.9% year-over-year).
- 2019: Revenue of $48K, expenses of $42K, and assets of $159K (revenue -52.2% year-over-year).
- 2018: Revenue of $101K, expenses of $93K, and assets of $153K (revenue +23.4% year-over-year).
- 2017: Revenue of $82K, expenses of $98K, and assets of $146K (revenue -12.6% year-over-year).
- 2016: Revenue of $93K, expenses of $82K, and assets of $162K (revenue -4.8% year-over-year).
- 2015: Revenue of $98K, expenses of $104K, and assets of $151K (revenue +29.1% year-over-year).
- 2014: Revenue of $76K, expenses of $67K, and assets of $157K (revenue +2.3% year-over-year).
- 2013: Revenue of $74K, expenses of $77K, and assets of $149K (revenue +13.6% year-over-year).
- 2012: Revenue of $65K, expenses of $72K, and assets of $152K (revenue +50.5% year-over-year).
- 2011: Revenue of $43K, expenses of $35K, and assets of $158K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Panhandle Regional Economic Development Coalition Inc:
Data Sources and Methodology
This transparency report for Panhandle Regional Economic Development Coalition 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.