Peninsula Community Foundation
Peninsula Community Foundation shows consistent growth and no reported officer compensation.
EIN: 10554374 · Cornelius, NC · NTEE: T31 · Updated: 2026-03-28
Source Check Matrix
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Identity resolved verified
Peninsula Community Foundation is mapped to EIN 10554374.
IRS BMF exempt record needs review
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IRS Form 990 index verified
13 stored filing years available.
Raw 990 source linked
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Filing depth verified
13 stored filing years available.
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Candid / GuideStar profile api pending
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13 stored filing years plus ProPublica source
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Triggered by: program expense ratio, CEO salary, revenue, grants
85% program spend, health grade A
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4 peer options surfaced
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| Metric | Value |
|---|---|
| Total Revenue | $642K |
| Total Expenses | $321K |
| Program Spending | 85% |
| Net Assets | $295K |
| Transparency Score | 85/100 |
Search Intent Cockpit
Peninsula Community Foundation Form 990, Revenue, CEO Pay, and IRS Filing Signals
Peninsula Community Foundation is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Peninsula Community Foundation in one place.
Form 990 Filing Summary
13 filing years are available, with latest revenue of $359K and expenses of $321K.
Revenue and Expenses
Peninsula Community Foundation reported $359K in revenue and $321K in expenses, a surplus of $38K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
85/100 mission score, 1 red flag, and 4 strengths are shown from structured and AI review.
Is Peninsula Community Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $273K (85%) |
Across stored filings, Peninsula Community Foundation shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Some Concerns | Good filing record; 1 red flag identified |
| Mission spend | 85% to programs | Excellent |
| Financial durability | Grade A | 13 stored filing years |
| Peer context | Compare with Cccp Community Trust | North Carolina and Philanthropy context |
Trust Check
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Next Best Actions
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Research Workflow
Turn this Form 990 profile into a donor-ready report
Request a concise report for Peninsula Community Foundation with revenue, expenses, executive compensation, red flags, peer context, and IRS source links. You can also request CSV exports or watchlist updates for future filings.
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Peninsula Community Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Peninsula Community Foundation
Peninsula Community Foundation (EIN: 10554374) is a nonprofit organization based in Cornelius, NC, classified under NTEE code T31. The organization reported total revenue of $642K and total assets of $282K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Peninsula Community Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Peninsula Community Foundation is a small nonprofit that has been operating for 24 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $359K |
| Total Expenses | $321K |
| Surplus / Deficit | +$38K |
| Total Assets | $295K |
| Total Liabilities | $183 |
| Net Assets | $295K |
| Operating Margin | 10.7% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 11.0 months |
Financial Health Grade: A
In 2023, Peninsula Community Foundation reported a surplus of $38K with revenue exceeding expenses, holds 11.0 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Peninsula Community Foundation's revenue has grown at a compound annual growth rate (CAGR) of 11.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +20.8% | +33.3% | +15.1% |
| 2022 | +39.1% | +9.1% | +28.5% |
| 2021 | +60.6% | +23.7% | -4.6% |
| 2020 | -32.6% | +4.8% | -20.9% |
| 2019 | +2.6% | +52.9% | +13.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Peninsula Community Foundation with a Mission Score of 85 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Peninsula Community Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $38K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, suggesting a volunteer-led executive team or that compensation is categorized differently, which is unusual for an organization with growing revenue and assets.
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 Peninsula Community Foundation's IRS 990 filings:
- Consistent 0% officer compensation reported, which could indicate a lack of transparency if compensation is merely reclassified rather than truly absent.
Strengths
The following positive indicators were identified for Peninsula Community Foundation:
- Consistent revenue growth, from $98,262 in 201612 to $359,397 in 202312.
- Steady asset growth, reaching $294,829 in the latest filing, indicating financial stability.
- Expenses generally managed well relative to revenue, with a positive net income in most recent periods.
- Low liabilities in most periods, suggesting good financial health and minimal debt burden.
Frequently Asked Questions about Peninsula Community Foundation
Is Peninsula Community Foundation a legitimate charity?
Peninsula Community Foundation (EIN: 10554374) is a registered tax-exempt nonprofit based in North Carolina. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $642K. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Peninsula Community Foundation spend its money?
Peninsula Community Foundation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Peninsula Community Foundation tax-deductible?
Peninsula Community Foundation is registered as a tax-exempt nonprofit (EIN: 10554374). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Peninsula Community Foundation's spending goes to programs?
Peninsula Community Foundation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Peninsula Community Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Peninsula Community Foundation is above average for NTEE category T31 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Peninsula Community Foundation located?
Peninsula Community Foundation is headquartered in Cornelius, North Carolina and files with the IRS under EIN 10554374. It is classified under NTEE code T31.
How many years of IRS 990 filings does Peninsula Community Foundation have?
Peninsula Community Foundation 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 $642K in total revenue.
How does Peninsula Community Foundation manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization may be entirely volunteer-led at the executive level, or that executive salaries are categorized under other expense lines, which would require further detail from the organization to clarify.
What is the primary use of the organization's growing assets?
As a Community Foundation (NTEE T31), the growing assets, reaching $294,829 in 202312, are typically used to generate investment income for grantmaking and to support various community initiatives, though specific program details are not available in the provided financial summary.
Has the organization experienced any significant financial challenges?
While there were periods where expenses exceeded revenue (e.g., 202112: Revenue=$213,894, Expenses=$220,717; 202012: Revenue=$133,165, Expenses=$178,480), the overall trend shows consistent revenue growth and asset accumulation, indicating resilience and effective financial management over time.
Filing History
IRS 990 filing history for Peninsula Community Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Peninsula Community Foundation's revenue has grown by 256.8%, moving from $101K to $359K. Total assets increased by 112.6% over the same period, from $139K to $295K. Total functional expenses rose by 337.8%, from $73K to $321K. In its most recent filing year (2023), Peninsula Community Foundation reported a surplus of $38K, with revenue exceeding expenses. The organization holds $183 in liabilities against $295K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $295K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $359K | $321K | $295K | $183 | — | — |
| 2022 | $298K | $241K | $256K | $0 | — | View 990 |
| 2021 | $214K | $221K | $199K | $0 | — | View 990 |
| 2020 | $133K | $178K | $209K | $3K | — | — |
| 2019 | $198K | $170K | $264K | $13K | — | View 990 |
| 2018 | $193K | $111K | $233K | $9K | — | View 990 |
| 2017 | $124K | $119K | $146K | $3K | — | — |
| 2016 | $98K | $178K | $143K | $5K | — | View 990 |
| 2015 | $122K | $104K | $225K | $7K | — | View 990 |
| 2014 | $127K | $101K | $200K | $64 | — | View 990 |
| 2013 | $89K | $96K | $174K | $59 | — | View 990 |
| 2012 | $157K | $114K | $185K | $3K | — | View 990 |
| 2011 | $101K | $73K | $139K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $359K, expenses of $321K, and assets of $295K (revenue +20.8% year-over-year).
- 2022: Revenue of $298K, expenses of $241K, and assets of $256K (revenue +39.1% year-over-year).
- 2021: Revenue of $214K, expenses of $221K, and assets of $199K (revenue +60.6% year-over-year).
- 2020: Revenue of $133K, expenses of $178K, and assets of $209K (revenue -32.6% year-over-year).
- 2019: Revenue of $198K, expenses of $170K, and assets of $264K (revenue +2.6% year-over-year).
- 2018: Revenue of $193K, expenses of $111K, and assets of $233K (revenue +55.8% year-over-year).
- 2017: Revenue of $124K, expenses of $119K, and assets of $146K (revenue +25.8% year-over-year).
- 2016: Revenue of $98K, expenses of $178K, and assets of $143K (revenue -19.2% year-over-year).
- 2015: Revenue of $122K, expenses of $104K, and assets of $225K (revenue -4.2% year-over-year).
- 2014: Revenue of $127K, expenses of $101K, and assets of $200K (revenue +42.6% year-over-year).
- 2013: Revenue of $89K, expenses of $96K, and assets of $174K (revenue -43.5% year-over-year).
- 2012: Revenue of $157K, expenses of $114K, and assets of $185K (revenue +56.2% year-over-year).
- 2011: Revenue of $101K, expenses of $73K, and assets of $139K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Peninsula Community Foundation:
Data Sources and Methodology
This transparency report for Peninsula Community 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.