Patsy Reeve Foundation Inc
EIN: 821059864 · Phoenix, AZ · NTEE: P03
| Metric | Value |
|---|---|
| Total Revenue | $445K |
| Total Expenses | $228K |
| Net Assets | $285K |
Is Patsy Reeve Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Patsy Reeve Foundation Inc
Patsy Reeve Foundation Inc (EIN: 821059864) is a nonprofit organization based in Phoenix, AZ, classified under NTEE code P03. The organization reported total revenue of $445K and total assets of $311K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Patsy Reeve Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Patsy Reeve Foundation Inc is a small nonprofit that has been operating for 9 years, with 6 years of IRS 990 filings on record (2018–2023). 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 | $224K |
| Total Expenses | $228K |
| Surplus / Deficit | $-4,516 |
| Total Assets | $285K |
| Net Assets | $285K |
| Operating Margin | -2.0% |
| Months of Reserves | 15.0 months |
Financial Health Grade: B
In 2023, Patsy Reeve Foundation Inc reported a deficit of $5K with expenses exceeding revenue, holds 15.0 months of operating reserves (strong position).
Financial Trends
Over 6 years of filings (2018–2023), Patsy Reeve Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 23.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -18.9% | +15.0% | -1.6% |
| 2022 | +389.8% | +69.5% | +35.4% |
| 2021 | -80.4% | +45.8% | -22.1% |
| 2020 | +119.7% | -22.0% | +302.8% |
| 2019 | +65.0% | +142.0% | +68.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2017 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Patsy Reeve Foundation 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 Patsy Reeve Foundation 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 $5K, with expenses exceeding revenue.
Frequently Asked Questions about Patsy Reeve Foundation Inc
Is Patsy Reeve Foundation Inc a legitimate charity?
Patsy Reeve Foundation Inc (EIN: 821059864) is a registered tax-exempt nonprofit based in Arizona. It has 6 years of IRS 990 filings on record. Total revenue: $445K. No red flags identified. Financial health grade: B.
How does Patsy Reeve Foundation Inc spend its money?
Patsy Reeve Foundation Inc reported $445K in total revenue in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Patsy Reeve Foundation Inc tax-deductible?
Patsy Reeve Foundation Inc is registered as a tax-exempt nonprofit (EIN: 821059864). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Patsy Reeve Foundation Inc located?
Patsy Reeve Foundation Inc is headquartered in Phoenix, Arizona and files with the IRS under EIN 821059864. It is classified under NTEE code P03.
How many years of IRS 990 filings does Patsy Reeve Foundation Inc have?
Patsy Reeve Foundation Inc has 6 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 $445K in total revenue.
Filing History
IRS 990 filing history for Patsy Reeve Foundation Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2018–2023), Patsy Reeve Foundation Inc's revenue has grown by 182.7%, moving from $79K to $224K. Total assets increased by 602.3% over the same period, from $41K to $285K. Total functional expenses rose by 436.5%, from $43K to $228K. In its most recent filing year (2023), Patsy Reeve Foundation Inc reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $224K | $228K | $285K | $0 | — | View 990 |
| 2022 | $276K | $198K | $290K | $0 | — | View 990 |
| 2021 | $56K | $117K | $214K | $0 | — | View 990 |
| 2020 | $287K | $80K | $275K | $0 | — | View 990 |
| 2019 | $131K | $103K | $68K | $0 | — | View 990 |
| 2018 | $79K | $43K | $41K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $224K, expenses of $228K, and assets of $285K (revenue -18.9% year-over-year).
- 2022: Revenue of $276K, expenses of $198K, and assets of $290K (revenue +389.8% year-over-year).
- 2021: Revenue of $56K, expenses of $117K, and assets of $214K (revenue -80.4% year-over-year).
- 2020: Revenue of $287K, expenses of $80K, and assets of $275K (revenue +119.7% year-over-year).
- 2019: Revenue of $131K, expenses of $103K, and assets of $68K (revenue +65.0% year-over-year).
- 2018: Revenue of $79K, expenses of $43K, and assets of $41K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Patsy Reeve Foundation Inc:
Data Sources and Methodology
This transparency report for Patsy Reeve Foundation 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.