Para Resources Foundation Inc
EIN: 30318406 · Burlington, VT
| Metric | Value |
|---|---|
| Total Revenue | $1 |
| Net Assets | $122K |
Is Para Resources 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 Para Resources Foundation Inc
Para Resources Foundation Inc (EIN: 30318406) is a nonprofit organization based in Burlington, VT. The organization reported total revenue of $1 and total assets of $122K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Para Resources Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Para Resources Foundation Inc is a micro nonprofit, with 6 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of -73.7%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $0 |
| Surplus / Deficit | +$1 |
| Total Assets | $122K |
| Total Liabilities | $1 |
| Net Assets | $122K |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 0.0% |
Financial Health Grade: A
In 2020, Para Resources Foundation Inc reported a surplus of $1 with revenue exceeding expenses, has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 6 years of filings (2011–2020), Para Resources Foundation Inc's revenue has declined at a compound annual growth rate (CAGR) of -73.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +0.0% | — | +0.0% |
| 2014 | -100.0% | -99.9% | -0.8% |
| 2013 | -35.6% | -75.8% | -10.8% |
| 2012 | -95.5% | +66.4% | -34.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Para Resources 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 Para Resources 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 (2020)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Para Resources Foundation Inc
Is Para Resources Foundation Inc a legitimate charity?
Para Resources Foundation Inc (EIN: 30318406) is a registered tax-exempt nonprofit based in Vermont. It has 6 years of IRS 990 filings on record. Total revenue: $1. No red flags identified. Financial health grade: A.
How does Para Resources Foundation Inc spend its money?
Para Resources Foundation Inc reported $1 in total revenue in IRS 990 filings. 6 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Para Resources Foundation Inc tax-deductible?
Para Resources Foundation Inc is registered as a tax-exempt nonprofit (EIN: 30318406). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Para Resources Foundation Inc located?
Para Resources Foundation Inc is headquartered in Burlington, Vermont and files with the IRS under EIN 30318406.
How many years of IRS 990 filings does Para Resources Foundation Inc have?
Para Resources Foundation Inc has 6 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 in total revenue.
Filing History
IRS 990 filing history for Para Resources Foundation Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2020), Para Resources Foundation Inc's revenue has declined by 100%, moving from $165K to $1. Total assets decreased by 42.4% over the same period, from $212K to $122K. Total functional expenses fell by 100%, from $49K to $0. The organization holds $1 in liabilities against $122K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $122K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $1 | $0 | $122K | $1 | — | View 990 |
| 2015 | $1 | $0 | $122K | $0 | — | View 990 |
| 2014 | $0 | $13 | $122K | $0 | — | View 990 |
| 2013 | $5K | $20K | $123K | $0 | — | View 990 |
| 2012 | $7K | $81K | $138K | $0 | — | View 990 |
| 2011 | $165K | $49K | $212K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $1, expenses of $0, and assets of $122K (revenue +0.0% year-over-year).
- 2015: Revenue of $1, expenses of $0, and assets of $122K.
- 2014: Revenue of $0, expenses of $13, and assets of $122K (revenue -100.0% year-over-year).
- 2013: Revenue of $5K, expenses of $20K, and assets of $123K (revenue -35.6% year-over-year).
- 2012: Revenue of $7K, expenses of $81K, and assets of $138K (revenue -95.5% year-over-year).
- 2011: Revenue of $165K, expenses of $49K, and assets of $212K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Para Resources Foundation Inc:
Data Sources and Methodology
This transparency report for Para Resources 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.