Passel Provides Foundation
EIN: 831808792 · Emmetsburg, IA · NTEE: K11
| Metric | Value |
|---|---|
| Total Revenue | $102K |
| Total Expenses | $562K |
| Net Assets | $634K |
Is Passel Provides Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Passel Provides Foundation
Passel Provides Foundation (EIN: 831808792) is a nonprofit organization based in Emmetsburg, IA, classified under NTEE code K11. The organization reported total revenue of $102K and total assets of $247K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Passel Provides Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Passel Provides Foundation is a small nonprofit that has been operating for 7 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -9.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $703K |
| Total Expenses | $562K |
| Surplus / Deficit | +$141K |
| Total Assets | $634K |
| Net Assets | $634K |
| Operating Margin | 20.1% |
| Months of Reserves | 13.6 months |
Financial Health Grade: A
In 2023, Passel Provides Foundation reported a surplus of $141K with revenue exceeding expenses, holds 13.6 months of operating reserves (strong position).
Financial Trends
Over 5 years of filings (2019–2023), Passel Provides Foundation's revenue has declined at a compound annual growth rate (CAGR) of -9.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +144.2% | +27.8% | +28.7% |
| 2022 | -58.1% | +30.9% | -27.2% |
| 2021 | +252.6% | -31.1% | +110.9% |
| 2020 | -81.1% | +15.9% | -47.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Passel Provides 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 Passel Provides 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $141K, with revenue exceeding expenses.
Frequently Asked Questions about Passel Provides Foundation
Is Passel Provides Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Passel Provides Foundation (EIN: 831808792) insufficient data. 0 red flags identified, 0 strengths noted.
How does Passel Provides Foundation spend its money?
Detailed spending breakdown data is not yet available for Passel Provides Foundation. Check back for updated IRS 990 analysis.
Are donations to Passel Provides Foundation tax-deductible?
Passel Provides Foundation is registered as a tax-exempt nonprofit (EIN: 831808792). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Passel Provides Foundation located?
Passel Provides Foundation is headquartered in Emmetsburg, Iowa and files with the IRS under EIN 831808792. It is classified under NTEE code K11.
How many years of IRS 990 filings does Passel Provides Foundation have?
Passel Provides Foundation has 5 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 $102K in total revenue.
Filing History
IRS 990 filing history for Passel Provides Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Passel Provides Foundation's revenue has declined by 31.9%, moving from $1.0M to $703K. Total assets increased by 3.5% over the same period, from $613K to $634K. Total functional expenses rose by 33.7%, from $420K to $562K. In its most recent filing year (2023), Passel Provides Foundation reported a surplus of $141K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $703K | $562K | $634K | $0 | — | — |
| 2022 | $288K | $439K | $493K | $0 | — | View 990 |
| 2021 | $687K | $336K | $677K | $33K | — | View 990 |
| 2020 | $195K | $487K | $321K | $600 | — | — |
| 2019 | $1.0M | $420K | $613K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $703K, expenses of $562K, and assets of $634K (revenue +144.2% year-over-year).
- 2022: Revenue of $288K, expenses of $439K, and assets of $493K (revenue -58.1% year-over-year).
- 2021: Revenue of $687K, expenses of $336K, and assets of $677K (revenue +252.6% year-over-year).
- 2020: Revenue of $195K, expenses of $487K, and assets of $321K (revenue -81.1% year-over-year).
- 2019: Revenue of $1.0M, expenses of $420K, and assets of $613K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Passel Provides Foundation:
Data Sources and Methodology
This transparency report for Passel Provides 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.