Patrons Of The Centre Inc
Patrons Of The Centre Inc shows consistent asset growth and no executive compensation.
EIN: 205573558 · Newnan, GA · NTEE: A6B · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $232K |
| Total Expenses | $177K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $815K |
| Transparency Score | 90/100 |
Is Patrons Of The Centre Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Patrons Of The Centre Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Patrons Of The Centre Inc
Patrons Of The Centre Inc (EIN: 205573558) is a nonprofit organization based in Newnan, GA, classified under NTEE code A6B. The organization reported total revenue of $232K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Patrons Of The Centre Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Patrons Of The Centre Inc is a small nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 6.7%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $191K |
| Total Expenses | $177K |
| Surplus / Deficit | +$14K |
| Total Assets | $826K |
| Total Liabilities | $11K |
| Net Assets | $815K |
| Operating Margin | 7.3% |
| Debt-to-Asset Ratio | 1.3% |
| Months of Reserves | 55.9 months |
Financial Health Grade: A
In 2024, Patrons Of The Centre Inc reported a surplus of $14K with revenue exceeding expenses, holds 55.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.3% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Patrons Of The Centre Inc's revenue has grown at a compound annual growth rate (CAGR) of 6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -47.6% | +3.2% | +14.9% |
| 2023 | +133.0% | +14.7% | +35.4% |
| 2022 | +20.6% | +212.6% | +2.4% |
| 2021 | -8.7% | -72.5% | +13.6% |
| 2020 | -24.6% | +11.5% | -3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Patrons Of The Centre Inc 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, Patrons Of The Centre Inc 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $14K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.3%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the organization. This is highly unusual for an organization with assets exceeding $1 million and suggests a volunteer-led or externally funded leadership structure.
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 Patrons Of The Centre Inc's IRS 990 filings:
- Fluctuating annual revenue, which could impact long-term planning if not managed effectively.
Strengths
The following positive indicators were identified for Patrons Of The Centre Inc:
- Consistent asset growth, indicating strong financial management and sustainability.
- Zero officer compensation reported, demonstrating a high commitment to mission and efficient use of funds.
- Positive net income in most recent periods (e.g., $191,357 revenue vs. $177,433 expenses in 2024).
- Excellent transparency with 14 IRS 990 filings.
- Low liabilities relative to assets, indicating financial stability (e.g., $11,001 liabilities vs. $826,482 assets in 2024).
Frequently Asked Questions about Patrons Of The Centre Inc
Is Patrons Of The Centre Inc a legitimate charity?
Patrons Of The Centre Inc (EIN: 205573558) is a registered tax-exempt nonprofit based in Georgia. Our AI analysis gives it a Mission Score of 90/100. It has 14 years of IRS 990 filings on record. Total revenue: $232K. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Patrons Of The Centre Inc spend its money?
Patrons Of The Centre Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Patrons Of The Centre Inc tax-deductible?
Patrons Of The Centre Inc is registered as a tax-exempt nonprofit (EIN: 205573558). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Patrons Of The Centre Inc CEO make?
Patrons Of The Centre Inc's highest-compensated officer earns $1 annually. The organization reported $232K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Patrons Of The Centre Inc's spending goes to programs?
Patrons Of The Centre Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Patrons Of The Centre Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Patrons Of The Centre Inc is above average for NTEE category A6B nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Patrons Of The Centre Inc located?
Patrons Of The Centre Inc is headquartered in Newnan, Georgia and files with the IRS under EIN 205573558. It is classified under NTEE code A6B.
How many years of IRS 990 filings does Patrons Of The Centre Inc have?
Patrons Of The Centre Inc has 14 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 $232K in total revenue.
Is Patrons Of The Centre Inc a good charity?
Based on the available data, Patrons Of The Centre Inc appears to be a good charity. It demonstrates strong financial health with growing assets, efficient spending (low expenses relative to revenue in most years), and excellent transparency with zero reported officer compensation.
How has Patrons Of The Centre Inc's financial health changed over time?
Patrons Of The Centre Inc has shown significant financial growth. Assets have steadily increased from $297,364 in 2015 to $1,166,521 currently. While revenue has fluctuated, the organization has generally maintained a surplus, indicating sound financial management.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, indicating that its leadership is entirely volunteer-based or compensated through other means not reported as officer compensation on the 990. This is a strong indicator of dedication to mission over personal gain.
Filing History
IRS 990 filing history for Patrons Of The Centre Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Patrons Of The Centre Inc's revenue has grown by 131.2%, moving from $83K to $191K. Total assets increased by 364.2% over the same period, from $178K to $826K. Total functional expenses rose by 151.9%, from $70K to $177K. In its most recent filing year (2024), Patrons Of The Centre Inc reported a surplus of $14K, with revenue exceeding expenses. The organization holds $11K in liabilities against $826K in assets (debt-to-asset ratio: 1.3%), resulting in net assets of $815K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $191K | $177K | $826K | $11K | — | — |
| 2023 | $365K | $172K | $719K | $2K | — | View 990 |
| 2022 | $157K | $150K | $531K | $7K | — | View 990 |
| 2021 | $130K | $48K | $519K | $2K | — | — |
| 2020 | $142K | $174K | $457K | $21K | — | View 990 |
| 2019 | $189K | $156K | $472K | $4K | — | View 990 |
| 2018 | $78K | $73K | $454K | $19K | — | View 990 |
| 2017 | $259K | $304K | $429K | $0 | — | View 990 |
| 2016 | $376K | $200K | $473K | $0 | — | View 990 |
| 2015 | $215K | $203K | $297K | $0 | — | View 990 |
| 2014 | $267K | $200K | $286K | $0 | — | View 990 |
| 2013 | $174K | $136K | $220K | $0 | — | View 990 |
| 2012 | $128K | $125K | $181K | $0 | — | View 990 |
| 2011 | $83K | $70K | $178K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $191K, expenses of $177K, and assets of $826K (revenue -47.6% year-over-year).
- 2023: Revenue of $365K, expenses of $172K, and assets of $719K (revenue +133.0% year-over-year).
- 2022: Revenue of $157K, expenses of $150K, and assets of $531K (revenue +20.6% year-over-year).
- 2021: Revenue of $130K, expenses of $48K, and assets of $519K (revenue -8.7% year-over-year).
- 2020: Revenue of $142K, expenses of $174K, and assets of $457K (revenue -24.6% year-over-year).
- 2019: Revenue of $189K, expenses of $156K, and assets of $472K (revenue +141.3% year-over-year).
- 2018: Revenue of $78K, expenses of $73K, and assets of $454K (revenue -69.8% year-over-year).
- 2017: Revenue of $259K, expenses of $304K, and assets of $429K (revenue -31.0% year-over-year).
- 2016: Revenue of $376K, expenses of $200K, and assets of $473K (revenue +75.1% year-over-year).
- 2015: Revenue of $215K, expenses of $203K, and assets of $297K (revenue -19.5% year-over-year).
- 2014: Revenue of $267K, expenses of $200K, and assets of $286K (revenue +53.0% year-over-year).
- 2013: Revenue of $174K, expenses of $136K, and assets of $220K (revenue +36.6% year-over-year).
- 2012: Revenue of $128K, expenses of $125K, and assets of $181K (revenue +54.2% year-over-year).
- 2011: Revenue of $83K, expenses of $70K, and assets of $178K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Patrons Of The Centre Inc:
Data Sources and Methodology
This transparency report for Patrons Of The Centre 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.