Parkview Health Systems Inc
EIN: 840935138 · Pueblo, CO · NTEE: E21Z
| Metric | Value |
|---|---|
| Total Revenue | $71.3M |
| Total Expenses | $64.4M |
| Net Assets | $-869,184 |
Is Parkview Health Systems Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Parkview Health Systems Inc
Parkview Health Systems Inc (EIN: 840935138) is a nonprofit organization based in Pueblo, CO, classified under NTEE code E21Z. The organization reported total revenue of $71.3M and total assets of $112K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Parkview Health Systems Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Parkview Health Systems Inc is a major nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 45.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $63.7M |
| Total Expenses | $64.4M |
| Surplus / Deficit | $-657,603 |
| Total Assets | $166K |
| Total Liabilities | $1.0M |
| Net Assets | $-869,184 |
| Operating Margin | -1.0% |
| Debt-to-Asset Ratio | 624.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: D
In 2023, Parkview Health Systems Inc reported a deficit of $658K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 624.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Parkview Health Systems Inc's revenue has grown at a compound annual growth rate (CAGR) of 45.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +15.8% | +17.1% | -15.6% |
| 2022 | +11.2% | +11.4% | -13.5% |
| 2021 | +1.1% | +0.8% | +36.3% |
| 2020 | +12.5% | +11.8% | -75.4% |
| 2019 | +9.8% | +9.9% | +43.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Parkview Health Systems 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 Parkview Health Systems 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $658K, with expenses exceeding revenue.
- Debt-to-asset ratio: 624.0%.
Frequently Asked Questions about Parkview Health Systems Inc
Is Parkview Health Systems Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Parkview Health Systems Inc (EIN: 840935138) insufficient data. 0 red flags identified, 0 strengths noted.
How does Parkview Health Systems Inc spend its money?
Detailed spending breakdown data is not yet available for Parkview Health Systems Inc. Check back for updated IRS 990 analysis.
Are donations to Parkview Health Systems Inc tax-deductible?
Parkview Health Systems Inc is registered as a tax-exempt nonprofit (EIN: 840935138). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Parkview Health Systems Inc located?
Parkview Health Systems Inc is headquartered in Pueblo, Colorado and files with the IRS under EIN 840935138. It is classified under NTEE code E21Z.
How many years of IRS 990 filings does Parkview Health Systems Inc have?
Parkview Health Systems Inc has 13 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 $71.3M in total revenue.
Filing History
IRS 990 filing history for Parkview Health Systems Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Parkview Health Systems Inc's revenue has grown by 8939.5%, moving from $705K to $63.7M. Total assets decreased by 98% over the same period, from $8.2M to $166K. Total functional expenses rose by 13243.2%, from $483K to $64.4M. In its most recent filing year (2023), Parkview Health Systems Inc reported a deficit of $658K, with expenses exceeding revenue. The organization holds $1.0M in liabilities against $166K in assets (debt-to-asset ratio: 624.0%), resulting in net assets of $-869,184.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $63.7M | $64.4M | $166K | $1.0M | — | — |
| 2022 | $55.1M | $55.0M | $197K | $434K | — | View 990 |
| 2021 | $49.5M | $49.4M | $227K | $531K | — | View 990 |
| 2020 | $49.0M | $49.0M | $167K | $641K | — | View 990 |
| 2019 | $43.6M | $43.8M | $679K | $1.2M | — | View 990 |
| 2018 | $39.7M | $39.9M | $473K | $741K | — | View 990 |
| 2017 | $29.3M | $29.0M | $1.2M | $1.3M | — | View 990 |
| 2016 | $31.4M | $17.4M | $1.4M | $1.8M | — | View 990 |
| 2015 | $31K | $14.4M | $1.2M | $4K | — | View 990 |
| 2014 | $49K | $13.5M | $1.6M | $3K | — | View 990 |
| 2013 | $57K | $11.9M | $1.8M | $4K | — | View 990 |
| 2012 | $186K | $12.8M | $2.1M | $13K | — | View 990 |
| 2011 | $705K | $483K | $8.2M | $4K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $63.7M, expenses of $64.4M, and assets of $166K (revenue +15.8% year-over-year).
- 2022: Revenue of $55.1M, expenses of $55.0M, and assets of $197K (revenue +11.2% year-over-year).
- 2021: Revenue of $49.5M, expenses of $49.4M, and assets of $227K (revenue +1.1% year-over-year).
- 2020: Revenue of $49.0M, expenses of $49.0M, and assets of $167K (revenue +12.5% year-over-year).
- 2019: Revenue of $43.6M, expenses of $43.8M, and assets of $679K (revenue +9.8% year-over-year).
- 2018: Revenue of $39.7M, expenses of $39.9M, and assets of $473K (revenue +35.4% year-over-year).
- 2017: Revenue of $29.3M, expenses of $29.0M, and assets of $1.2M (revenue -6.5% year-over-year).
- 2016: Revenue of $31.4M, expenses of $17.4M, and assets of $1.4M (revenue +101819.4% year-over-year).
- 2015: Revenue of $31K, expenses of $14.4M, and assets of $1.2M (revenue -37.5% year-over-year).
- 2014: Revenue of $49K, expenses of $13.5M, and assets of $1.6M (revenue -13.7% year-over-year).
- 2013: Revenue of $57K, expenses of $11.9M, and assets of $1.8M (revenue -69.2% year-over-year).
- 2012: Revenue of $186K, expenses of $12.8M, and assets of $2.1M (revenue -73.7% year-over-year).
- 2011: Revenue of $705K, expenses of $483K, and assets of $8.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Parkview Health Systems Inc:
Data Sources and Methodology
This transparency report for Parkview Health Systems 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.