Parent Teacher Organization
EIN: 223128846 · Tolland, CT
Is Parent Teacher Organization Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Parent Teacher Organization
Parent Teacher Organization (EIN: 223128846) is a nonprofit organization based in Tolland, CT. The organization reported total revenue of $60K and total assets of $72K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Parent Teacher Organization's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Parent Teacher Organization is a micro nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of -12.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $50K |
| Total Expenses | $60K |
| Surplus / Deficit | $-9,857 |
| Total Assets | $54K |
| Net Assets | $54K |
| Operating Margin | -19.9% |
| Months of Reserves | 10.9 months |
Financial Health Grade: B
In 2024, Parent Teacher Organization reported a deficit of $10K with expenses exceeding revenue, holds 10.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2012–2024), Parent Teacher Organization's revenue has declined at a compound annual growth rate (CAGR) of -12.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -36.4% | -14.5% | -15.4% |
| 2023 | -22.5% | -32.1% | +15.2% |
| 2022 | +93.2% | +42.7% | -3.0% |
| 2021 | -21.2% | +7.7% | -25.5% |
| 2020 | -31.5% | -31.8% | -0.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Parent Teacher Organization 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 Parent Teacher Organization 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $10K, with expenses exceeding revenue.
Frequently Asked Questions about Parent Teacher Organization
Is Parent Teacher Organization a legitimate charity?
Based on AI analysis of IRS 990 filings, Parent Teacher Organization (EIN: 223128846) insufficient data. 0 red flags identified, 0 strengths noted.
How does Parent Teacher Organization spend its money?
Detailed spending breakdown data is not yet available for Parent Teacher Organization. Check back for updated IRS 990 analysis.
Are donations to Parent Teacher Organization tax-deductible?
Parent Teacher Organization is registered as a tax-exempt nonprofit (EIN: 223128846). 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 Parent Teacher Organization showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Parent Teacher Organization's revenue has declined by 79.8%, moving from $246K to $50K. Total assets decreased by 51.4% over the same period, from $111K to $54K. Total functional expenses fell by 68.7%, from $190K to $60K. In its most recent filing year (2024), Parent Teacher Organization reported a deficit of $10K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $50K | $60K | $54K | $0 | — | — |
| 2023 | $78K | $70K | $64K | $0 | — | View 990 |
| 2022 | $101K | $102K | $55K | $0 | — | View 990 |
| 2021 | $52K | $72K | $57K | $0 | — | — |
| 2020 | $66K | $67K | $77K | $0 | — | — |
| 2019 | $97K | $98K | $77K | $0 | — | View 990 |
| 2018 | $107K | $91K | $78K | $0 | — | — |
| 2017 | $77K | $77K | $62K | $0 | — | View 990 |
| 2016 | $103K | $108K | $62K | $0 | — | View 990 |
| 2015 | $94K | $95K | $66K | $0 | — | View 990 |
| 2014 | $93K | $89K | $68K | $0 | — | View 990 |
| 2013 | $150K | $197K | $64K | $0 | — | View 990 |
| 2012 | $246K | $190K | $111K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $50K, expenses of $60K, and assets of $54K (revenue -36.4% year-over-year).
- 2023: Revenue of $78K, expenses of $70K, and assets of $64K (revenue -22.5% year-over-year).
- 2022: Revenue of $101K, expenses of $102K, and assets of $55K (revenue +93.2% year-over-year).
- 2021: Revenue of $52K, expenses of $72K, and assets of $57K (revenue -21.2% year-over-year).
- 2020: Revenue of $66K, expenses of $67K, and assets of $77K (revenue -31.5% year-over-year).
- 2019: Revenue of $97K, expenses of $98K, and assets of $77K (revenue -10.1% year-over-year).
- 2018: Revenue of $107K, expenses of $91K, and assets of $78K (revenue +39.3% year-over-year).
- 2017: Revenue of $77K, expenses of $77K, and assets of $62K (revenue -25.2% year-over-year).
- 2016: Revenue of $103K, expenses of $108K, and assets of $62K (revenue +9.8% year-over-year).
- 2015: Revenue of $94K, expenses of $95K, and assets of $66K (revenue +1.4% year-over-year).
- 2014: Revenue of $93K, expenses of $89K, and assets of $68K (revenue -38.0% year-over-year).
- 2013: Revenue of $150K, expenses of $197K, and assets of $64K (revenue -39.1% year-over-year).
- 2012: Revenue of $246K, expenses of $190K, and assets of $111K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Parent Teacher Organization:
Data Sources and Methodology
This transparency report for Parent Teacher Organization 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.