Pbs Foundation
PBS Foundation shows consistent revenue and asset growth with no reported officer compensation.
EIN: 201476451 · Arlington, VA · NTEE: A113 · Updated: 2026-03-28
Is Pbs Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pbs Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pbs Foundation
Pbs Foundation (EIN: 201476451) is a nonprofit organization based in Arlington, VA, classified under NTEE code A113. The organization reported total revenue of $65.1M and total assets of $71.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pbs Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pbs Foundation is a major nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 20.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $17.7M |
| Total Expenses | $15.9M |
| Surplus / Deficit | +$1.8M |
| Total Assets | $43.2M |
| Total Liabilities | $14.7M |
| Net Assets | $28.5M |
| Operating Margin | 10.0% |
| Debt-to-Asset Ratio | 33.9% |
| Months of Reserves | 32.5 months |
Financial Health Grade: A
In 2023, Pbs Foundation reported a surplus of $1.8M with revenue exceeding expenses, holds 32.5 months of operating reserves (strong position), has a debt-to-asset ratio of 33.9% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Pbs Foundation's revenue has grown at a compound annual growth rate (CAGR) of 20.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.4% | +39.7% | +13.7% |
| 2022 | -34.5% | -48.8% | -1.3% |
| 2021 | +152.7% | +129.8% | +118.1% |
| 2020 | +5.5% | +3.8% | -4.0% |
| 2019 | +9.7% | +90.4% | +26.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Pbs 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Pbs Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $1.8M, with revenue exceeding expenses.
- Debt-to-asset ratio: 33.9%.
Executive Compensation Analysis
The PBS Foundation consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries, which is highly unusual and suggests either volunteer leadership or compensation being reported under other categories, or that the foundation primarily serves as a pass-through entity.
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 Pbs Foundation's IRS 990 filings:
- Lack of detailed program spending breakdown in provided data
- 0% officer compensation is unusual and might warrant further investigation into how leadership is compensated or structured.
Strengths
The following positive indicators were identified for Pbs Foundation:
- Consistent revenue generation and asset growth over a decade.
- No reported officer compensation, indicating efficient use of funds.
- Maintains a healthy surplus, demonstrating financial stability.
- Significant growth in assets from $2.2M in 2014 to $43.2M in 2023.
Frequently Asked Questions about Pbs Foundation
Is Pbs Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Pbs Foundation (EIN: 201476451) some concerns. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
How does Pbs Foundation spend its money?
Pbs Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pbs Foundation tax-deductible?
Pbs Foundation is registered as a tax-exempt nonprofit (EIN: 201476451). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is PBS Foundation a good charity?
Based on the provided financial data, the PBS Foundation appears to be a financially sound organization with strong asset growth and no reported officer compensation, which are positive indicators for a charity. Its consistent revenue generation and prudent expense management suggest it is well-managed.
How has PBS Foundation's financial health changed over time?
The PBS Foundation has shown remarkable financial growth. Its assets have increased from $2,292,429 in 2014 to $43,218,575 in 2023, and annual revenues have generally trended upwards, indicating a strong and improving financial health.
What is the trend in PBS Foundation's revenue and expenses?
Revenue has fluctuated but generally increased over the decade, reaching a peak of $27,139,690 in 2021. Expenses have also increased in line with revenue, with the organization consistently maintaining a surplus, such as in 2023 where revenue was $17,715,715 and expenses were $15,942,341.
Filing History
IRS 990 filing history for Pbs Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Pbs Foundation's revenue has grown by 673.9%, moving from $2.3M to $17.7M. Total assets increased by 3223.6% over the same period, from $1.3M to $43.2M. Total functional expenses rose by 474.2%, from $2.8M to $15.9M. In its most recent filing year (2023), Pbs Foundation reported a surplus of $1.8M, with revenue exceeding expenses. The organization holds $14.7M in liabilities against $43.2M in assets (debt-to-asset ratio: 33.9%), resulting in net assets of $28.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $17.7M | $15.9M | $43.2M | $14.7M | — | View 990 |
| 2022 | $17.8M | $11.4M | $38.0M | $13.2M | — | View 990 |
| 2021 | $27.1M | $22.3M | $38.5M | $14.3M | — | View 990 |
| 2020 | $10.7M | $9.7M | $17.7M | $2.0M | — | View 990 |
| 2019 | $10.2M | $9.3M | $18.4M | $3.8M | — | View 990 |
| 2018 | $9.3M | $4.9M | $14.6M | $1.1M | — | View 990 |
| 2017 | $4.4M | $3.2M | $10.1M | $271K | — | View 990 |
| 2016 | $5.9M | $4.7M | $8.2M | $298K | — | View 990 |
| 2015 | $10.3M | $5.3M | $7.0M | $204K | — | View 990 |
| 2014 | $5.3M | $3.8M | $2.3M | $463K | — | View 990 |
| 2013 | $2.3M | $3.0M | $512K | $222K | — | View 990 |
| 2012 | $2.3M | $2.8M | $1.3M | $234K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $17.7M, expenses of $15.9M, and assets of $43.2M (revenue -0.4% year-over-year).
- 2022: Revenue of $17.8M, expenses of $11.4M, and assets of $38.0M (revenue -34.5% year-over-year).
- 2021: Revenue of $27.1M, expenses of $22.3M, and assets of $38.5M (revenue +152.7% year-over-year).
- 2020: Revenue of $10.7M, expenses of $9.7M, and assets of $17.7M (revenue +5.5% year-over-year).
- 2019: Revenue of $10.2M, expenses of $9.3M, and assets of $18.4M (revenue +9.7% year-over-year).
- 2018: Revenue of $9.3M, expenses of $4.9M, and assets of $14.6M (revenue +111.8% year-over-year).
- 2017: Revenue of $4.4M, expenses of $3.2M, and assets of $10.1M (revenue -25.3% year-over-year).
- 2016: Revenue of $5.9M, expenses of $4.7M, and assets of $8.2M (revenue -43.1% year-over-year).
- 2015: Revenue of $10.3M, expenses of $5.3M, and assets of $7.0M (revenue +94.3% year-over-year).
- 2014: Revenue of $5.3M, expenses of $3.8M, and assets of $2.3M (revenue +135.5% year-over-year).
- 2013: Revenue of $2.3M, expenses of $3.0M, and assets of $512K (revenue -1.6% year-over-year).
- 2012: Revenue of $2.3M, expenses of $2.8M, and assets of $1.3M.
Data Sources and Methodology
This transparency report for Pbs 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.