Pasadena Community Foundation
Pasadena Community Foundation shows consistent asset growth and zero reported officer compensation across all filings.
EIN: 200253310 · Pasadena, CA · NTEE: T31 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $35.3M |
| Total Expenses | $10.2M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $150 |
| Net Assets | $148.5M |
| Transparency Score | 90/100 |
Is Pasadena Community Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pasadena Community Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pasadena Community Foundation
Pasadena Community Foundation (EIN: 200253310) is a nonprofit organization based in Pasadena, CA, classified under NTEE code T31. The organization reported total revenue of $35.3M and total assets of $187.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pasadena Community Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pasadena Community Foundation is a large nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $16.5M |
| Total Expenses | $10.2M |
| Surplus / Deficit | +$6.3M |
| Total Assets | $156.2M |
| Total Liabilities | $7.7M |
| Net Assets | $148.5M |
| Operating Margin | 38.1% |
| Debt-to-Asset Ratio | 4.9% |
| Months of Reserves | 183.2 months |
Financial Health Grade: A
In 2023, Pasadena Community Foundation reported a surplus of $6.3M with revenue exceeding expenses, holds 183.2 months of operating reserves (strong position), has a debt-to-asset ratio of 4.9% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Pasadena Community Foundation's revenue has grown at a compound annual growth rate (CAGR) of 10.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.6% | -12.1% | +15.8% |
| 2022 | -56.3% | +20.0% | -16.1% |
| 2021 | +64.2% | -3.0% | +24.0% |
| 2020 | -14.8% | +34.2% | +20.6% |
| 2019 | +92.4% | +15.8% | +38.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
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 Pasadena Community Foundation with a Mission Score of 90 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, Pasadena Community 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 surplus of $6.3M, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.9%.
Executive Compensation Analysis
The consistent reporting of 0% officer compensation across all available filings is highly unusual for an organization of this size with assets exceeding $150 million. This suggests either a fully volunteer executive leadership, or that executive compensation is categorized under other expense lines, which could obscure the true administrative overhead.
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 Pasadena Community Foundation's IRS 990 filings:
- Unusually low (0%) reported officer compensation across all filings, which may obscure true administrative costs if compensation is reported elsewhere.
Strengths
The following positive indicators were identified for Pasadena Community Foundation:
- Consistent and significant asset growth, from $50.7M in 2014 to $156.2M in 2023.
- Healthy balance sheet with liabilities consistently representing a small fraction of total assets.
- Strong financial transparency through consistent IRS 990 filings.
- Efficient operations suggested by low reported administrative overhead (assuming 0% officer compensation is accurate for executive leadership).
Frequently Asked Questions about Pasadena Community Foundation
Is Pasadena Community Foundation a legitimate charity?
Pasadena Community Foundation (EIN: 200253310) is a registered tax-exempt nonprofit based in California. Our AI analysis gives it a Mission Score of 90/100. It has 13 years of IRS 990 filings on record. Total revenue: $35.3M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Pasadena Community Foundation spend its money?
Pasadena Community Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Pasadena Community Foundation tax-deductible?
Pasadena Community Foundation is registered as a tax-exempt nonprofit (EIN: 200253310). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Pasadena Community Foundation CEO make?
Pasadena Community Foundation's highest-compensated officer earns $150 annually. The organization reported $35.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Pasadena Community Foundation's spending goes to programs?
Pasadena Community Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Pasadena Community Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Pasadena Community Foundation is above average for NTEE category T31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Pasadena Community Foundation located?
Pasadena Community Foundation is headquartered in Pasadena, California and files with the IRS under EIN 200253310. It is classified under NTEE code T31.
How many years of IRS 990 filings does Pasadena Community Foundation have?
Pasadena Community Foundation 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 $35.3M in total revenue.
Is Pasadena Community Foundation a good charity?
Based on the available data, Pasadena Community Foundation appears to be a financially sound organization with strong asset growth and a very low reported administrative overhead (due to 0% officer compensation). Its consistent financial reporting and asset accumulation suggest effective stewardship of funds, making it a potentially good charity for donors focused on long-term impact and efficient operations.
How does Pasadena Community Foundation manage its executive compensation?
All available IRS 990 filings for Pasadena Community Foundation report 0% officer compensation. This is highly unusual for an organization of its scale and suggests that executive leadership may be entirely volunteer-based, or that compensation is reported under other expense categories, which would require deeper analysis of their full financial statements to understand.
What is the trend in Pasadena Community Foundation's assets?
Pasadena Community Foundation has demonstrated consistent and significant asset growth over the past decade. Assets grew from $50,699,904 in 2014 to $156,186,370 in 2023, indicating strong financial management and successful fundraising or investment strategies.
How stable is Pasadena Community Foundation's revenue?
Pasadena Community Foundation's revenue has shown variability, ranging from $7,073,443 in 2015 to $33,042,535 in 2021, and $16,535,916 in 2023. This fluctuation is common for community foundations that rely on diverse funding sources, including donations and investment returns, but indicates that revenue is not entirely predictable year-to-year.
Filing History
IRS 990 filing history for Pasadena Community Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pasadena Community Foundation's revenue has grown by 218.1%, moving from $5.2M to $16.5M. Total assets increased by 437.9% over the same period, from $29.0M to $156.2M. Total functional expenses rose by 187.1%, from $3.6M to $10.2M. In its most recent filing year (2023), Pasadena Community Foundation reported a surplus of $6.3M, with revenue exceeding expenses. The organization holds $7.7M in liabilities against $156.2M in assets (debt-to-asset ratio: 4.9%), resulting in net assets of $148.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $16.5M | $10.2M | $156.2M | $7.7M | — | View 990 |
| 2022 | $14.4M | $11.6M | $134.9M | $6.5M | — | — |
| 2021 | $33.0M | $9.7M | $160.9M | $7.3M | — | View 990 |
| 2020 | $20.1M | $10.0M | $129.7M | $5.1M | — | — |
| 2019 | $23.6M | $7.4M | $107.6M | $4.8M | — | View 990 |
| 2018 | $12.3M | $6.4M | $77.9M | $3.7M | — | View 990 |
| 2017 | $12.1M | $7.0M | $80.6M | $3.7M | — | View 990 |
| 2016 | $18.4M | $7.9M | $64.5M | $2.3M | — | View 990 |
| 2015 | $7.1M | $4.2M | $51.9M | $1.8M | — | View 990 |
| 2014 | $10.3M | $5.7M | $50.7M | $1.7M | — | View 990 |
| 2013 | $10.1M | $5.8M | $45.5M | $1.6M | — | View 990 |
| 2012 | $9.4M | $3.5M | $36.9M | $1.2M | — | View 990 |
| 2011 | $5.2M | $3.6M | $29.0M | $698K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $16.5M, expenses of $10.2M, and assets of $156.2M (revenue +14.6% year-over-year).
- 2022: Revenue of $14.4M, expenses of $11.6M, and assets of $134.9M (revenue -56.3% year-over-year).
- 2021: Revenue of $33.0M, expenses of $9.7M, and assets of $160.9M (revenue +64.2% year-over-year).
- 2020: Revenue of $20.1M, expenses of $10.0M, and assets of $129.7M (revenue -14.8% year-over-year).
- 2019: Revenue of $23.6M, expenses of $7.4M, and assets of $107.6M (revenue +92.4% year-over-year).
- 2018: Revenue of $12.3M, expenses of $6.4M, and assets of $77.9M (revenue +1.5% year-over-year).
- 2017: Revenue of $12.1M, expenses of $7.0M, and assets of $80.6M (revenue -34.5% year-over-year).
- 2016: Revenue of $18.4M, expenses of $7.9M, and assets of $64.5M (revenue +160.7% year-over-year).
- 2015: Revenue of $7.1M, expenses of $4.2M, and assets of $51.9M (revenue -31.4% year-over-year).
- 2014: Revenue of $10.3M, expenses of $5.7M, and assets of $50.7M (revenue +1.6% year-over-year).
- 2013: Revenue of $10.1M, expenses of $5.8M, and assets of $45.5M (revenue +7.9% year-over-year).
- 2012: Revenue of $9.4M, expenses of $3.5M, and assets of $36.9M (revenue +80.8% year-over-year).
- 2011: Revenue of $5.2M, expenses of $3.6M, and assets of $29.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pasadena Community Foundation:
Data Sources and Methodology
This transparency report for Pasadena Community 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.