Park Springs Foundation
Park Springs Foundation consistently grows assets with zero reported officer compensation.
EIN: 208710411 · Stone Mountain, GA · NTEE: B820 · Updated: 2026-03-28
Is Park Springs Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Park Springs Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Park Springs Foundation
Park Springs Foundation (EIN: 208710411) is a nonprofit organization based in Stone Mountain, GA, classified under NTEE code B820. The organization reported total revenue of $349K and total assets of $483K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Park Springs Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Park Springs Foundation with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Park Springs Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through other means not reported as officer compensation, which is highly unusual for an organization with growing assets and revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Park Springs Foundation's IRS 990 filings:
- Lack of detailed expense breakdown (program vs. admin vs. fundraising) in available data makes precise efficiency assessment difficult.
- Unusually low (0%) reported officer compensation for an organization with growing assets, which might warrant further inquiry into how leadership is supported.
Strengths
The following positive indicators were identified for Park Springs Foundation:
- Consistent asset growth, from $99,898 in 2014 to $503,875 in 2023, indicating strong financial management.
- Zero reported liabilities across all filings, demonstrating excellent financial stability.
- Positive net income in most recent years (e.g., $112,243 revenue vs. $85,585 expenses in 2023), contributing to sustainability.
- Zero reported officer compensation, suggesting a highly cost-efficient or volunteer-driven leadership structure.
- Consistent filing of IRS Form 990s, indicating good transparency practices.
Frequently Asked Questions about Park Springs Foundation
Is Park Springs Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Park Springs Foundation (EIN: 208710411) some concerns. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
How does Park Springs Foundation spend its money?
Park Springs Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Park Springs Foundation tax-deductible?
Park Springs Foundation is registered as a tax-exempt nonprofit (EIN: 208710411). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Park Springs Foundation a good charity?
Based on its financial stability, consistent asset growth (from $99,898 in 2014 to $503,875 in 2023), and zero reported officer compensation, Park Springs Foundation appears to be a financially sound and efficient organization. However, without detailed program expense breakdowns, it's hard to fully assess its impact.
How has Park Springs Foundation's financial health changed over time?
The organization has shown significant financial improvement, transitioning from periods of expense exceeding revenue (e.g., 2014-2016) to consistent surpluses in recent years (e.g., $112,243 revenue vs. $85,585 expenses in 2023), leading to substantial asset growth from $99,898 in 2014 to $503,875 in 2023.
What is the significance of 0% officer compensation?
Zero officer compensation suggests that the organization's leadership is either entirely volunteer or compensated through non-officer roles, which can free up more funds for programs. This is a strong indicator of dedication and cost-efficiency, but it's also unusual for an organization of its size and asset base.
Filing History
IRS 990 filing history for Park Springs Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Park Springs Foundation's revenue has grown by 40.2%, moving from $80K to $112K. Total assets increased by 271.5% over the same period, from $136K to $504K. Total functional expenses rose by 204%, from $28K to $86K. In its most recent filing year (2023), Park Springs Foundation reported a surplus of $27K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $112K | $86K | $504K | $0 | — | — |
| 2022 | $95K | $53K | $459K | $0 | — | View 990 |
| 2021 | $106K | $88K | $477K | $0 | — | View 990 |
| 2020 | $256K | $65K | $432K | $0 | — | View 990 |
| 2019 | $87K | $61K | $165K | $0 | — | View 990 |
| 2018 | $107K | $67K | $138K | $0 | — | View 990 |
| 2017 | $61K | $50K | $99K | $0 | — | View 990 |
| 2016 | $50K | $52K | $88K | $0 | — | View 990 |
| 2015 | $42K | $51K | $90K | $0 | — | View 990 |
| 2014 | $29K | $46K | $100K | $0 | — | View 990 |
| 2013 | $19K | $28K | $117K | $0 | — | View 990 |
| 2012 | $17K | $27K | $125K | $0 | — | View 990 |
| 2011 | $80K | $28K | $136K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $112K, expenses of $86K, and assets of $504K (revenue +18.2% year-over-year).
- 2022: Revenue of $95K, expenses of $53K, and assets of $459K (revenue -10.3% year-over-year).
- 2021: Revenue of $106K, expenses of $88K, and assets of $477K (revenue -58.6% year-over-year).
- 2020: Revenue of $256K, expenses of $65K, and assets of $432K (revenue +192.7% year-over-year).
- 2019: Revenue of $87K, expenses of $61K, and assets of $165K (revenue -18.3% year-over-year).
- 2018: Revenue of $107K, expenses of $67K, and assets of $138K (revenue +74.9% year-over-year).
- 2017: Revenue of $61K, expenses of $50K, and assets of $99K (revenue +22.7% year-over-year).
- 2016: Revenue of $50K, expenses of $52K, and assets of $88K (revenue +19.8% year-over-year).
- 2015: Revenue of $42K, expenses of $51K, and assets of $90K (revenue +45.0% year-over-year).
- 2014: Revenue of $29K, expenses of $46K, and assets of $100K (revenue +51.0% year-over-year).
- 2013: Revenue of $19K, expenses of $28K, and assets of $117K (revenue +9.8% year-over-year).
- 2012: Revenue of $17K, expenses of $27K, and assets of $125K (revenue -78.4% year-over-year).
- 2011: Revenue of $80K, expenses of $28K, and assets of $136K.
Data Sources and Methodology
This transparency report for Park Springs Foundation 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.