Pegasus Legal Services For Children
EIN: 460509986 · Albuquerque, NM · NTEE: I80
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.1M |
| Net Assets | $994K |
Is Pegasus Legal Services For Children Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pegasus Legal Services For Children
Pegasus Legal Services For Children (EIN: 460509986) is a nonprofit organization based in Albuquerque, NM, classified under NTEE code I80. The organization reported total revenue of $1.5M and total assets of $1.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pegasus Legal Services For Children's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pegasus Legal Services For Children is a mid-size nonprofit that has been operating for 23 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$98K |
| Total Assets | $1.3M |
| Total Liabilities | $354K |
| Net Assets | $994K |
| Operating Margin | 8.0% |
| Debt-to-Asset Ratio | 26.3% |
| Months of Reserves | 14.4 months |
Financial Health Grade: A
In 2023, Pegasus Legal Services For Children reported a surplus of $98K with revenue exceeding expenses, holds 14.4 months of operating reserves (strong position), has a debt-to-asset ratio of 26.3% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Pegasus Legal Services For Children's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.0% | -2.4% | +6.5% |
| 2022 | +7.7% | +6.7% | +30.2% |
| 2021 | +8.5% | +21.5% | +33.7% |
| 2020 | +24.3% | +4.8% | +33.3% |
| 2019 | -22.5% | -25.6% | -5.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2003 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Pegasus Legal Services For Children 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 Pegasus Legal Services For Children 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 $98K, with revenue exceeding expenses.
- Debt-to-asset ratio: 26.3%.
Frequently Asked Questions about Pegasus Legal Services For Children
Is Pegasus Legal Services For Children a legitimate charity?
Based on AI analysis of IRS 990 filings, Pegasus Legal Services For Children (EIN: 460509986) insufficient data. 0 red flags identified, 0 strengths noted.
How does Pegasus Legal Services For Children spend its money?
Detailed spending breakdown data is not yet available for Pegasus Legal Services For Children. Check back for updated IRS 990 analysis.
Are donations to Pegasus Legal Services For Children tax-deductible?
Pegasus Legal Services For Children is registered as a tax-exempt nonprofit (EIN: 460509986). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pegasus Legal Services For Children located?
Pegasus Legal Services For Children is headquartered in Albuquerque, New Mexico and files with the IRS under EIN 460509986. It is classified under NTEE code I80.
How many years of IRS 990 filings does Pegasus Legal Services For Children have?
Pegasus Legal Services For Children has 13 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 $1.5M in total revenue.
Filing History
IRS 990 filing history for Pegasus Legal Services For Children showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pegasus Legal Services For Children's revenue has grown by 110.8%, moving from $581K to $1.2M. Total assets increased by 1175.1% over the same period, from $106K to $1.3M. Total functional expenses rose by 111%, from $534K to $1.1M. In its most recent filing year (2023), Pegasus Legal Services For Children reported a surplus of $98K, with revenue exceeding expenses. The organization holds $354K in liabilities against $1.3M in assets (debt-to-asset ratio: 26.3%), resulting in net assets of $994K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.1M | $1.3M | $354K | — | View 990 |
| 2022 | $1.3M | $1.2M | $1.3M | $370K | — | View 990 |
| 2021 | $1.2M | $1.1M | $972K | $196K | — | — |
| 2020 | $1.1M | $891K | $727K | $53K | — | View 990 |
| 2019 | $878K | $850K | $545K | $71K | — | View 990 |
| 2018 | $1.1M | $1.1M | $580K | $134K | — | View 990 |
| 2017 | $1.3M | $1.1M | $582K | $126K | — | View 990 |
| 2016 | $787K | $870K | $335K | $72K | — | View 990 |
| 2015 | $835K | $718K | $480K | $133K | — | View 990 |
| 2014 | $637K | $624K | $291K | $61K | — | View 990 |
| 2013 | $655K | $611K | $284K | $67K | — | View 990 |
| 2012 | $643K | $487K | $235K | $63K | — | View 990 |
| 2011 | $581K | $534K | $106K | $89K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.1M, and assets of $1.3M (revenue -4.0% year-over-year).
- 2022: Revenue of $1.3M, expenses of $1.2M, and assets of $1.3M (revenue +7.7% year-over-year).
- 2021: Revenue of $1.2M, expenses of $1.1M, and assets of $972K (revenue +8.5% year-over-year).
- 2020: Revenue of $1.1M, expenses of $891K, and assets of $727K (revenue +24.3% year-over-year).
- 2019: Revenue of $878K, expenses of $850K, and assets of $545K (revenue -22.5% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.1M, and assets of $580K (revenue -13.2% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.1M, and assets of $582K (revenue +65.8% year-over-year).
- 2016: Revenue of $787K, expenses of $870K, and assets of $335K (revenue -5.8% year-over-year).
- 2015: Revenue of $835K, expenses of $718K, and assets of $480K (revenue +31.1% year-over-year).
- 2014: Revenue of $637K, expenses of $624K, and assets of $291K (revenue -2.8% year-over-year).
- 2013: Revenue of $655K, expenses of $611K, and assets of $284K (revenue +1.9% year-over-year).
- 2012: Revenue of $643K, expenses of $487K, and assets of $235K (revenue +10.7% year-over-year).
- 2011: Revenue of $581K, expenses of $534K, and assets of $106K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pegasus Legal Services For Children:
Data Sources and Methodology
This transparency report for Pegasus Legal Services For Children 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.