Pender Adult Services Inc
EIN: 581482588 · Burgaw, NC · NTEE: P81Z
Is Pender Adult Services Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pender Adult Services Inc
Pender Adult Services Inc (EIN: 581482588) is a nonprofit organization based in Burgaw, NC, classified under NTEE code P81Z. The organization reported total revenue of $3.5M and total assets of $4.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pender Adult Services Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pender Adult Services Inc is a mid-size nonprofit that has been operating for 43 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 0.5%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.4M |
| Total Expenses | $3.6M |
| Surplus / Deficit | $-208,584 |
| Total Assets | $4.5M |
| Total Liabilities | $322K |
| Net Assets | $4.2M |
| Operating Margin | -6.2% |
| Debt-to-Asset Ratio | 7.2% |
| Months of Reserves | 15.0 months |
Financial Health Grade: B
In 2024, Pender Adult Services Inc reported a deficit of $209K with expenses exceeding revenue, holds 15.0 months of operating reserves (strong position), has a debt-to-asset ratio of 7.2% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Pender Adult Services Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +3.3% | -1.3% | -4.5% |
| 2023 | -12.2% | +4.4% | -7.2% |
| 2022 | -2.3% | +11.8% | +0.8% |
| 2021 | +25.9% | +7.8% | +12.4% |
| 2020 | -0.6% | -3.8% | +11.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1983 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Pender Adult Services 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 Pender Adult Services 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $209K, with expenses exceeding revenue.
- Debt-to-asset ratio: 7.2%.
Frequently Asked Questions about Pender Adult Services Inc
Is Pender Adult Services Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Pender Adult Services Inc (EIN: 581482588) insufficient data. 0 red flags identified, 0 strengths noted.
How does Pender Adult Services Inc spend its money?
Detailed spending breakdown data is not yet available for Pender Adult Services Inc. Check back for updated IRS 990 analysis.
Are donations to Pender Adult Services Inc tax-deductible?
Pender Adult Services Inc is registered as a tax-exempt nonprofit (EIN: 581482588). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Pender Adult Services Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Pender Adult Services Inc's revenue has grown by 7.2%, moving from $3.2M to $3.4M. Total assets increased by 19.3% over the same period, from $3.8M to $4.5M. Total functional expenses rose by 13.6%, from $3.2M to $3.6M. In its most recent filing year (2024), Pender Adult Services Inc reported a deficit of $209K, with expenses exceeding revenue. The organization holds $322K in liabilities against $4.5M in assets (debt-to-asset ratio: 7.2%), resulting in net assets of $4.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $3.4M | $3.6M | $4.5M | $322K | — | — |
| 2023 | $3.3M | $3.6M | $4.7M | $327K | — | View 990 |
| 2022 | $3.7M | $3.5M | $5.1M | $330K | — | View 990 |
| 2021 | $3.8M | $3.1M | $5.0M | $536K | — | — |
| 2020 | $3.0M | $2.9M | $4.5M | $846K | — | View 990 |
| 2019 | $3.1M | $3.0M | $4.0M | $540K | — | View 990 |
| 2018 | $3.1M | $3.0M | $4.2M | $718K | — | View 990 |
| 2017 | $3.2M | $3.0M | $4.0M | $673K | — | View 990 |
| 2016 | $3.1M | $3.1M | $4.0M | $759K | — | View 990 |
| 2015 | $3.1M | $3.2M | $4.1M | $818K | — | View 990 |
| 2014 | $3.3M | $3.1M | $4.1M | $841K | — | View 990 |
| 2013 | $3.3M | $3.2M | $3.9M | $833K | — | View 990 |
| 2012 | $3.3M | $3.2M | $3.9M | $864K | — | View 990 |
| 2011 | $3.2M | $3.2M | $3.8M | $857K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $3.4M, expenses of $3.6M, and assets of $4.5M (revenue +3.3% year-over-year).
- 2023: Revenue of $3.3M, expenses of $3.6M, and assets of $4.7M (revenue -12.2% year-over-year).
- 2022: Revenue of $3.7M, expenses of $3.5M, and assets of $5.1M (revenue -2.3% year-over-year).
- 2021: Revenue of $3.8M, expenses of $3.1M, and assets of $5.0M (revenue +25.9% year-over-year).
- 2020: Revenue of $3.0M, expenses of $2.9M, and assets of $4.5M (revenue -0.6% year-over-year).
- 2019: Revenue of $3.1M, expenses of $3.0M, and assets of $4.0M (revenue -1.3% year-over-year).
- 2018: Revenue of $3.1M, expenses of $3.0M, and assets of $4.2M (revenue -2.5% year-over-year).
- 2017: Revenue of $3.2M, expenses of $3.0M, and assets of $4.0M (revenue +2.7% year-over-year).
- 2016: Revenue of $3.1M, expenses of $3.1M, and assets of $4.0M (revenue -1.9% year-over-year).
- 2015: Revenue of $3.1M, expenses of $3.2M, and assets of $4.1M (revenue -3.9% year-over-year).
- 2014: Revenue of $3.3M, expenses of $3.1M, and assets of $4.1M (revenue -0.3% year-over-year).
- 2013: Revenue of $3.3M, expenses of $3.2M, and assets of $3.9M (revenue +0.8% year-over-year).
- 2012: Revenue of $3.3M, expenses of $3.2M, and assets of $3.9M (revenue +3.1% year-over-year).
- 2011: Revenue of $3.2M, expenses of $3.2M, and assets of $3.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pender Adult Services Inc:
Data Sources and Methodology
This transparency report for Pender Adult Services 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.