Pellet Fuels Institute
EIN: 411725001 · Seattle, WA · NTEE: S41
| Metric | Value |
|---|---|
| Total Revenue | $346K |
| Total Expenses | $329K |
| Net Assets | $328K |
Is Pellet Fuels Institute Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pellet Fuels Institute
Pellet Fuels Institute (EIN: 411725001) is a nonprofit organization based in Seattle, WA, classified under NTEE code S41. The organization reported total revenue of $346K and total assets of $348K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pellet Fuels Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pellet Fuels Institute is a small nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $330K |
| Total Expenses | $329K |
| Surplus / Deficit | +$843 |
| Total Assets | $377K |
| Total Liabilities | $49K |
| Net Assets | $328K |
| Operating Margin | 0.3% |
| Debt-to-Asset Ratio | 13.0% |
| Months of Reserves | 13.8 months |
Financial Health Grade: A
In 2023, Pellet Fuels Institute reported a surplus of $843 with revenue exceeding expenses, holds 13.8 months of operating reserves (strong position), has a debt-to-asset ratio of 13.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Pellet Fuels Institute's revenue has declined at a compound annual growth rate (CAGR) of -2.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.9% | +12.4% | -0.4% |
| 2022 | +8.1% | +18.1% | +18.5% |
| 2021 | +39.7% | +17.0% | +28.0% |
| 2020 | -19.6% | -33.4% | +25.0% |
| 2019 | -6.9% | -11.0% | -0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Pellet Fuels Institute 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 Pellet Fuels Institute 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 $843, with revenue exceeding expenses.
- Debt-to-asset ratio: 13.0%.
Frequently Asked Questions about Pellet Fuels Institute
Is Pellet Fuels Institute a legitimate charity?
Pellet Fuels Institute (EIN: 411725001) is a registered tax-exempt nonprofit based in Washington. It has 13 years of IRS 990 filings on record. Total revenue: $346K. No red flags identified. Financial health grade: A.
How does Pellet Fuels Institute spend its money?
Pellet Fuels Institute reported $346K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Pellet Fuels Institute tax-deductible?
Pellet Fuels Institute is registered as a tax-exempt nonprofit (EIN: 411725001). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pellet Fuels Institute located?
Pellet Fuels Institute is headquartered in Seattle, Washington and files with the IRS under EIN 411725001. It is classified under NTEE code S41.
How many years of IRS 990 filings does Pellet Fuels Institute have?
Pellet Fuels Institute 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 $346K in total revenue.
Filing History
IRS 990 filing history for Pellet Fuels Institute showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pellet Fuels Institute's revenue has declined by 27.7%, moving from $456K to $330K. Total assets increased by 1.4% over the same period, from $372K to $377K. Total functional expenses fell by 22.8%, from $426K to $329K. In its most recent filing year (2023), Pellet Fuels Institute reported a surplus of $843, with revenue exceeding expenses. The organization holds $49K in liabilities against $377K in assets (debt-to-asset ratio: 13.0%), resulting in net assets of $328K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $330K | $329K | $377K | $49K | — | View 990 |
| 2022 | $350K | $292K | $379K | $59K | — | View 990 |
| 2021 | $324K | $248K | $320K | $38K | — | View 990 |
| 2020 | $232K | $212K | $250K | $41K | — | — |
| 2019 | $289K | $318K | $200K | $23K | — | View 990 |
| 2018 | $310K | $357K | $202K | $2K | — | View 990 |
| 2017 | $405K | $388K | $268K | $18K | — | View 990 |
| 2016 | $541K | $487K | $300K | $68K | — | View 990 |
| 2015 | $518K | $537K | $277K | $99K | — | View 990 |
| 2014 | $458K | $520K | $201K | $4K | — | View 990 |
| 2013 | $435K | $440K | $372K | $113K | — | View 990 |
| 2012 | $450K | $422K | $421K | $161K | — | View 990 |
| 2011 | $456K | $426K | $372K | $149K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $330K, expenses of $329K, and assets of $377K (revenue -5.9% year-over-year).
- 2022: Revenue of $350K, expenses of $292K, and assets of $379K (revenue +8.1% year-over-year).
- 2021: Revenue of $324K, expenses of $248K, and assets of $320K (revenue +39.7% year-over-year).
- 2020: Revenue of $232K, expenses of $212K, and assets of $250K (revenue -19.6% year-over-year).
- 2019: Revenue of $289K, expenses of $318K, and assets of $200K (revenue -6.9% year-over-year).
- 2018: Revenue of $310K, expenses of $357K, and assets of $202K (revenue -23.5% year-over-year).
- 2017: Revenue of $405K, expenses of $388K, and assets of $268K (revenue -25.1% year-over-year).
- 2016: Revenue of $541K, expenses of $487K, and assets of $300K (revenue +4.5% year-over-year).
- 2015: Revenue of $518K, expenses of $537K, and assets of $277K (revenue +13.1% year-over-year).
- 2014: Revenue of $458K, expenses of $520K, and assets of $201K (revenue +5.4% year-over-year).
- 2013: Revenue of $435K, expenses of $440K, and assets of $372K (revenue -3.5% year-over-year).
- 2012: Revenue of $450K, expenses of $422K, and assets of $421K (revenue -1.3% year-over-year).
- 2011: Revenue of $456K, expenses of $426K, and assets of $372K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pellet Fuels Institute:
Data Sources and Methodology
This transparency report for Pellet Fuels Institute 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.