Park West Foundation
Park West Foundation maintains substantial assets despite fluctuating revenues and occasional operating deficits, with no officer compensation reported.
EIN: 205917008 · Southfield, MI · NTEE: T23 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $416K |
| Total Expenses | $533K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $600,000. |
| Net Assets | $603K |
| Transparency Score | 85/100 |
Is Park West Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Park West Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Park West Foundation
Park West Foundation (EIN: 205917008) is a nonprofit organization based in Southfield, MI, classified under NTEE code T23. The organization reported total revenue of $416K and total assets of $645K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Park West Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Park West Foundation is a small nonprofit that has been operating for 17 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 31.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $486K |
| Total Expenses | $533K |
| Surplus / Deficit | $-46,980 |
| Total Assets | $603K |
| Total Liabilities | $1 |
| Net Assets | $603K |
| Operating Margin | -9.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 13.6 months |
Financial Health Grade: B
In 2023, Park West Foundation reported a deficit of $47K with expenses exceeding revenue, holds 13.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Park West Foundation's revenue has grown at a compound annual growth rate (CAGR) of 31.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.9% | +46.8% | -7.2% |
| 2022 | +115.9% | +93.1% | +6.4% |
| 2021 | -77.2% | -65.8% | -0.3% |
| 2020 | +23.5% | +9.9% | +76.3% |
| 2019 | +2248.5% | +263.8% | -63.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2009 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Park West 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 West 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $47K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a nonprofit of its size with assets over $600,000.
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 West Foundation's IRS 990 filings:
- Occasional operating deficits (e.g., $46,980 deficit in 202312)
- Significant year-to-year revenue volatility
Strengths
The following positive indicators were identified for Park West Foundation:
- Zero officer compensation reported across all filings
- Consistently minimal liabilities ($1)
- Substantial asset base relative to annual expenses (e.g., $602,610 assets vs. $533,130 expenses in 202312)
- Consistent IRS 990 filing history
Frequently Asked Questions about Park West Foundation
Is Park West Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Park West Foundation (EIN: 205917008) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Park West Foundation spend its money?
Park West Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Park West Foundation tax-deductible?
Park West Foundation is registered as a tax-exempt nonprofit (EIN: 205917008). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Park West Foundation CEO make?
Park West Foundation's highest-compensated officer earns $600,000. annually. The organization reported $416K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Park West Foundation's spending goes to programs?
Park West Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Park West Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Park West Foundation is above average for NTEE category T23 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Park West Foundation located?
Park West Foundation is headquartered in Southfield, Michigan and files with the IRS under EIN 205917008. It is classified under NTEE code T23.
How many years of IRS 990 filings does Park West Foundation have?
Park West Foundation has 10 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 $416K in total revenue.
Is Park West Foundation a good charity?
Based on the available data, Park West Foundation appears to be a good charity. It maintains substantial assets ($602,610 in 202312), has minimal liabilities ($1), and reports no officer compensation, suggesting high efficiency and dedication to its mission.
How has Park West Foundation's financial health changed over time?
The foundation's financial health has been stable in terms of assets, which have consistently been over $600,000 in recent years, despite significant fluctuations in annual revenue (e.g., $5,593 in 201412 vs. $815,218 in 202012). Liabilities have remained consistently minimal.
Does Park West Foundation spend efficiently?
Yes, the foundation appears to spend efficiently, primarily due to reporting 0% officer compensation across all filings. This indicates that all funds are directed towards operational costs and programs rather than executive salaries.
Filing History
IRS 990 filing history for Park West Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Park West Foundation's revenue has grown by 2588.3%, moving from $18K to $486K. Total assets decreased by 55% over the same period, from $1.3M to $603K. Total functional expenses rose by 941%, from $51K to $533K. In its most recent filing year (2023), Park West Foundation reported a deficit of $47K, with expenses exceeding revenue. The organization holds $1 in liabilities against $603K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $603K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $486K | $533K | $603K | $1 | — | — |
| 2022 | $402K | $363K | $650K | $1 | — | View 990 |
| 2021 | $186K | $188K | $611K | $1 | — | View 990 |
| 2020 | $815K | $550K | $612K | $1 | — | View 990 |
| 2019 | $660K | $501K | $347K | $1 | — | — |
| 2015 | $28K | $138K | $953K | $1 | — | View 990 |
| 2014 | $6K | $91K | $1.1M | $1 | — | View 990 |
| 2013 | $7K | $131K | $1.1M | $1 | — | View 990 |
| 2012 | $28K | $95K | $1.3M | $1 | — | View 990 |
| 2011 | $18K | $51K | $1.3M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $486K, expenses of $533K, and assets of $603K (revenue +20.9% year-over-year).
- 2022: Revenue of $402K, expenses of $363K, and assets of $650K (revenue +115.9% year-over-year).
- 2021: Revenue of $186K, expenses of $188K, and assets of $611K (revenue -77.2% year-over-year).
- 2020: Revenue of $815K, expenses of $550K, and assets of $612K (revenue +23.5% year-over-year).
- 2019: Revenue of $660K, expenses of $501K, and assets of $347K (revenue +2248.5% year-over-year).
- 2015: Revenue of $28K, expenses of $138K, and assets of $953K (revenue +402.5% year-over-year).
- 2014: Revenue of $6K, expenses of $91K, and assets of $1.1M (revenue -20.5% year-over-year).
- 2013: Revenue of $7K, expenses of $131K, and assets of $1.1M (revenue -75.1% year-over-year).
- 2012: Revenue of $28K, expenses of $95K, and assets of $1.3M (revenue +56.2% year-over-year).
- 2011: Revenue of $18K, expenses of $51K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Park West Foundation:
Data Sources and Methodology
This transparency report for Park West 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.