Patient Empowerment Network
EIN: 271295230 · Bothell, WA · NTEE: B99
| Metric | Value |
|---|---|
| Total Revenue | $2.1M |
| Total Expenses | $2.0M |
| Net Assets | $310K |
Is Patient Empowerment Network Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Patient Empowerment Network
Patient Empowerment Network (EIN: 271295230) is a nonprofit organization based in Bothell, WA, classified under NTEE code B99. The organization reported total revenue of $2.1M and total assets of $370K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Patient Empowerment Network's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Patient Empowerment Network is a mid-size nonprofit that has been operating for 15 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of 23.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $2.0M |
| Surplus / Deficit | $-105,135 |
| Total Assets | $1.2M |
| Total Liabilities | $914K |
| Net Assets | $310K |
| Operating Margin | -5.6% |
| Debt-to-Asset Ratio | 74.7% |
| Months of Reserves | 7.4 months |
Financial Health Grade: C
In 2023, Patient Empowerment Network reported a deficit of $105K with expenses exceeding revenue, holds 7.4 months of operating reserves (strong position), has a debt-to-asset ratio of 74.7% (high leverage).
Financial Trends
Over 11 years of filings (2013–2023), Patient Empowerment Network's revenue has grown at a compound annual growth rate (CAGR) of 23.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.0% | -3.8% | +3.6% |
| 2022 | +43.3% | +47.1% | +19.2% |
| 2021 | +60.4% | +44.7% | +151.0% |
| 2020 | +11.5% | +17.3% | +73.0% |
| 2019 | +9.0% | -0.6% | +2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Patient Empowerment Network 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 Patient Empowerment Network 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 $105K, with expenses exceeding revenue.
- Debt-to-asset ratio: 74.7%.
Frequently Asked Questions about Patient Empowerment Network
Is Patient Empowerment Network a legitimate charity?
Patient Empowerment Network (EIN: 271295230) is a registered tax-exempt nonprofit based in Washington. It has 11 years of IRS 990 filings on record. Total revenue: $2.1M. No red flags identified. Financial health grade: C.
How does Patient Empowerment Network spend its money?
Patient Empowerment Network reported $2.1M 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 Patient Empowerment Network tax-deductible?
Patient Empowerment Network is registered as a tax-exempt nonprofit (EIN: 271295230). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Patient Empowerment Network located?
Patient Empowerment Network is headquartered in Bothell, Washington and files with the IRS under EIN 271295230. It is classified under NTEE code B99.
How many years of IRS 990 filings does Patient Empowerment Network have?
Patient Empowerment Network 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 $2.1M in total revenue.
Filing History
IRS 990 filing history for Patient Empowerment Network showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Patient Empowerment Network's revenue has grown by 699.8%, moving from $236K to $1.9M. Total assets increased by 638.2% over the same period, from $166K to $1.2M. Total functional expenses rose by 2623.8%, from $73K to $2.0M. In its most recent filing year (2023), Patient Empowerment Network reported a deficit of $105K, with expenses exceeding revenue. The organization holds $914K in liabilities against $1.2M in assets (debt-to-asset ratio: 74.7%), resulting in net assets of $310K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $2.0M | $1.2M | $914K | — | — |
| 2022 | $2.1M | $2.1M | $1.2M | $778K | — | View 990 |
| 2021 | $1.5M | $1.4M | $991K | $676K | — | — |
| 2020 | $932K | $971K | $395K | $206K | — | View 990 |
| 2019 | $836K | $828K | $228K | $152 | — | View 990 |
| 2018 | $767K | $833K | $222K | $1K | — | View 990 |
| 2017 | $1.2M | $1.2M | $291K | $1K | — | View 990 |
| 2016 | $1.3M | $1.2M | $255K | $322 | — | View 990 |
| 2015 | $1.0M | $1.1M | $240K | $288 | — | View 990 |
| 2014 | $710K | $557K | $319K | $260 | — | View 990 |
| 2013 | $236K | $73K | $166K | $49 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $2.0M, and assets of $1.2M (revenue -12.0% year-over-year).
- 2022: Revenue of $2.1M, expenses of $2.1M, and assets of $1.2M (revenue +43.3% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.4M, and assets of $991K (revenue +60.4% year-over-year).
- 2020: Revenue of $932K, expenses of $971K, and assets of $395K (revenue +11.5% year-over-year).
- 2019: Revenue of $836K, expenses of $828K, and assets of $228K (revenue +9.0% year-over-year).
- 2018: Revenue of $767K, expenses of $833K, and assets of $222K (revenue -38.5% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.2M, and assets of $291K (revenue -1.1% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.2M, and assets of $255K (revenue +22.1% year-over-year).
- 2015: Revenue of $1.0M, expenses of $1.1M, and assets of $240K (revenue +45.4% year-over-year).
- 2014: Revenue of $710K, expenses of $557K, and assets of $319K (revenue +201.4% year-over-year).
- 2013: Revenue of $236K, expenses of $73K, and assets of $166K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Patient Empowerment Network:
Data Sources and Methodology
This transparency report for Patient Empowerment Network 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.