Parker Nelson Foundation
EIN: 26013012 · Johnston, RI
| Metric | Value |
|---|---|
| Total Revenue | $160K |
| Total Expenses | $45K |
| Net Assets | $636K |
Is Parker Nelson Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Parker Nelson Foundation
Parker Nelson Foundation (EIN: 26013012) is a nonprofit organization based in Johnston, RI. The organization reported total revenue of $160K and total assets of $646K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Parker Nelson Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Parker Nelson Foundation is a small nonprofit that has been operating for 58 years, with 11 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -5.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $27K |
| Total Expenses | $45K |
| Surplus / Deficit | $-18,332 |
| Total Assets | $636K |
| Total Liabilities | $1 |
| Net Assets | $636K |
| Operating Margin | -67.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 168.2 months |
Financial Health Grade: B
In 2024, Parker Nelson Foundation reported a deficit of $18K with expenses exceeding revenue, holds 168.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2011–2024), Parker Nelson Foundation's revenue has declined at a compound annual growth rate (CAGR) of -5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -13.3% | -17.3% | -2.7% |
| 2023 | -53.2% | +1.4% | -3.5% |
| 2022 | +40.0% | +1.0% | +1.9% |
| 2021 | -21.4% | +8.1% | -0.8% |
| 2020 | +207.5% | -4.9% | +1.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1968 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Parker Nelson Foundation 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 Parker Nelson Foundation 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 $18K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Parker Nelson Foundation
Is Parker Nelson Foundation a legitimate charity?
Parker Nelson Foundation (EIN: 26013012) is a registered tax-exempt nonprofit based in Rhode Island. It has 11 years of IRS 990 filings on record. Total revenue: $160K. No red flags identified. Financial health grade: B.
How does Parker Nelson Foundation spend its money?
Parker Nelson Foundation reported $160K in total revenue in IRS 990 filings. 11 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Parker Nelson Foundation tax-deductible?
Parker Nelson Foundation is registered as a tax-exempt nonprofit (EIN: 26013012). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Parker Nelson Foundation located?
Parker Nelson Foundation is headquartered in Johnston, Rhode Island and files with the IRS under EIN 26013012.
How many years of IRS 990 filings does Parker Nelson Foundation have?
Parker Nelson Foundation has 11 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 $160K in total revenue.
Filing History
IRS 990 filing history for Parker Nelson Foundation showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2011–2024), Parker Nelson Foundation's revenue has declined by 49.1%, moving from $53K to $27K. Total assets decreased by 7.6% over the same period, from $689K to $636K. Total functional expenses rose by 371.2%, from $10K to $45K. In its most recent filing year (2024), Parker Nelson Foundation reported a deficit of $18K, with expenses exceeding revenue. The organization holds $1 in liabilities against $636K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $636K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $27K | $45K | $636K | $1 | — | — |
| 2023 | $31K | $55K | $654K | $1 | — | View 990 |
| 2022 | $67K | $54K | $678K | $1 | — | View 990 |
| 2021 | $48K | $54K | $665K | $1 | — | — |
| 2020 | $61K | $50K | $671K | $1 | — | — |
| 2019 | $20K | $52K | $659K | $0 | — | View 990 |
| 2015 | $52K | $48K | $702K | $0 | — | View 990 |
| 2014 | $78K | $54K | $699K | $0 | — | View 990 |
| 2013 | $51K | $34K | $675K | $0 | — | View 990 |
| 2012 | $15K | $46K | $658K | $0 | — | View 990 |
| 2011 | $53K | $10K | $689K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $27K, expenses of $45K, and assets of $636K (revenue -13.3% year-over-year).
- 2023: Revenue of $31K, expenses of $55K, and assets of $654K (revenue -53.2% year-over-year).
- 2022: Revenue of $67K, expenses of $54K, and assets of $678K (revenue +40.0% year-over-year).
- 2021: Revenue of $48K, expenses of $54K, and assets of $665K (revenue -21.4% year-over-year).
- 2020: Revenue of $61K, expenses of $50K, and assets of $671K (revenue +207.5% year-over-year).
- 2019: Revenue of $20K, expenses of $52K, and assets of $659K (revenue -61.8% year-over-year).
- 2015: Revenue of $52K, expenses of $48K, and assets of $702K (revenue -34.1% year-over-year).
- 2014: Revenue of $78K, expenses of $54K, and assets of $699K (revenue +54.1% year-over-year).
- 2013: Revenue of $51K, expenses of $34K, and assets of $675K (revenue +245.7% year-over-year).
- 2012: Revenue of $15K, expenses of $46K, and assets of $658K (revenue -72.4% year-over-year).
- 2011: Revenue of $53K, expenses of $10K, and assets of $689K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Parker Nelson Foundation:
Data Sources and Methodology
This transparency report for Parker Nelson 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.