Peninsula Healthcare Connection Inc
Peninsula Healthcare Connection Inc shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 202886131 · San Jose, CA · NTEE: F30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.4M |
| Total Expenses | $5.4M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $6.39M |
| Net Assets | $2.0M |
| Transparency Score | 92/100 |
Is Peninsula Healthcare Connection Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Peninsula Healthcare Connection Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Peninsula Healthcare Connection Inc
Peninsula Healthcare Connection Inc (EIN: 202886131) is a nonprofit organization based in San Jose, CA, classified under NTEE code F30. The organization reported total revenue of $6.4M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Peninsula Healthcare Connection Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Peninsula Healthcare Connection Inc is a mid-size nonprofit that has been operating for 20 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 25.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $5.6M |
| Total Expenses | $5.4M |
| Surplus / Deficit | +$167K |
| Total Assets | $2.7M |
| Total Liabilities | $701K |
| Net Assets | $2.0M |
| Operating Margin | 3.0% |
| Debt-to-Asset Ratio | 26.1% |
| Months of Reserves | 5.9 months |
Financial Health Grade: A
In 2023, Peninsula Healthcare Connection Inc reported a surplus of $167K with revenue exceeding expenses, holds 5.9 months of operating reserves (adequate), has a debt-to-asset ratio of 26.1% (moderate leverage).
Financial Trends
Over 14 years of filings (2010–2023), Peninsula Healthcare Connection Inc's revenue has grown at a compound annual growth rate (CAGR) of 25.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +35.1% | +45.8% | +15.6% |
| 2022 | +22.8% | +26.3% | +41.4% |
| 2021 | -1.6% | +9.3% | +37.4% |
| 2020 | +50.9% | +16.3% | +223.1% |
| 2019 | +3.9% | +26.1% | -17.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Healthcare Connection Inc with a Mission Score of 92 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Peninsula Healthcare Connection Inc allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $167K, with revenue exceeding expenses.
- Debt-to-asset ratio: 26.1%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, which is highly unusual for an organization of this size ($6.39M current revenue). This suggests either a volunteer executive leadership or that executive salaries are not categorized as 'officer compensation' in their IRS 990 filings.
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 Healthcare Connection Inc's IRS 990 filings:
- Unusually low or zero reported officer compensation for an organization of this size, which may obscure actual executive remuneration if not truly volunteer-led.
Strengths
The following positive indicators were identified for Peninsula Healthcare Connection Inc:
- Consistent and significant revenue growth, from $987,437 in 2014 to $6,390,696 currently.
- Strong financial health with consistent operating surpluses, such as $167,485 in 2023 ($5,586,324 revenue vs. $5,418,839 expenses).
- Healthy accumulation of assets, growing from $33,752 in 2014 to $3,349,962 currently.
- Low liabilities relative to assets, indicating strong financial stability (e.g., 2023 liabilities of $700,833 against assets of $2,683,560).
- High potential for program spending efficiency due to 0% reported officer compensation.
Frequently Asked Questions about Peninsula Healthcare Connection Inc
Is Peninsula Healthcare Connection Inc a legitimate charity?
Peninsula Healthcare Connection Inc (EIN: 202886131) is a registered tax-exempt nonprofit based in California. Our AI analysis gives it a Mission Score of 92/100. It has 14 years of IRS 990 filings on record. Total revenue: $6.4M. 1 red flag identified. 5 strengths noted. Financial health grade: A.
How does Peninsula Healthcare Connection Inc spend its money?
Peninsula Healthcare Connection Inc directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Peninsula Healthcare Connection Inc tax-deductible?
Peninsula Healthcare Connection Inc is registered as a tax-exempt nonprofit (EIN: 202886131). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Peninsula Healthcare Connection Inc CEO make?
Peninsula Healthcare Connection Inc's highest-compensated officer earns $6.39M annually. The organization reported $6.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Peninsula Healthcare Connection Inc's spending goes to programs?
Peninsula Healthcare Connection Inc directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Peninsula Healthcare Connection Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Peninsula Healthcare Connection Inc is above average for NTEE category F30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Peninsula Healthcare Connection Inc located?
Peninsula Healthcare Connection Inc is headquartered in San Jose, California and files with the IRS under EIN 202886131. It is classified under NTEE code F30.
How many years of IRS 990 filings does Peninsula Healthcare Connection Inc have?
Peninsula Healthcare Connection Inc has 14 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 $6.4M in total revenue.
How does Peninsula Healthcare Connection Inc manage to report 0% officer compensation with its significant revenue?
The consistent reporting of 0% officer compensation across all filings, despite current revenue of $6,390,696, suggests that either the executive leadership is entirely volunteer-based, or their compensation is categorized differently within the IRS 990, such as being included in general salaries and wages rather than specifically as 'officer compensation'.
What is the primary driver of Peninsula Healthcare Connection Inc's substantial revenue growth?
While the specific drivers are not detailed in the provided financial summary, the consistent year-over-year increase in revenue, from $987,437 in 2014 to $6,390,696 currently, indicates successful program expansion, increased grant funding, or growing service demand within its NTEE F30 (Health Care) category.
Is the organization's asset growth sustainable?
Yes, the organization's asset growth appears sustainable, with assets increasing from $33,752 in 2014 to $3,349,962 currently, consistently outpacing liabilities. For example, in 2023, assets were $2,683,560 against liabilities of $700,833, indicating a healthy financial position and capacity for future operations.
Filing History
IRS 990 filing history for Peninsula Healthcare Connection Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Peninsula Healthcare Connection Inc's revenue has grown by 1807.1%, moving from $293K to $5.6M. Total assets increased by 29991.5% over the same period, from $9K to $2.7M. Total functional expenses rose by 1541.4%, from $330K to $5.4M. In its most recent filing year (2023), Peninsula Healthcare Connection Inc reported a surplus of $167K, with revenue exceeding expenses. The organization holds $701K in liabilities against $2.7M in assets (debt-to-asset ratio: 26.1%), resulting in net assets of $2.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $5.6M | $5.4M | $2.7M | $701K | — | View 990 |
| 2022 | $4.1M | $3.7M | $2.3M | $507K | — | View 990 |
| 2021 | $3.4M | $2.9M | $1.6M | $245K | — | View 990 |
| 2020 | $3.4M | $2.7M | $1.2M | $223K | — | View 990 |
| 2019 | $2.3M | $2.3M | $370K | $126K | — | View 990 |
| 2018 | $2.2M | $1.8M | $449K | $158K | — | View 990 |
| 2017 | $1.4M | $1.5M | $183K | $240K | — | View 990 |
| 2016 | $1.6M | $1.6M | $255K | $164K | — | View 990 |
| 2015 | $1.3M | $1.4M | $1K | $126K | — | View 990 |
| 2014 | $987K | $980K | $34K | $47K | — | View 990 |
| 2013 | $195K | $211K | $17K | $38K | — | View 990 |
| 2012 | $370K | $395K | $6K | $11K | — | View 990 |
| 2011 | $337K | $325K | $21K | $0 | — | View 990 |
| 2010 | $293K | $330K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $5.6M, expenses of $5.4M, and assets of $2.7M (revenue +35.1% year-over-year).
- 2022: Revenue of $4.1M, expenses of $3.7M, and assets of $2.3M (revenue +22.8% year-over-year).
- 2021: Revenue of $3.4M, expenses of $2.9M, and assets of $1.6M (revenue -1.6% year-over-year).
- 2020: Revenue of $3.4M, expenses of $2.7M, and assets of $1.2M (revenue +50.9% year-over-year).
- 2019: Revenue of $2.3M, expenses of $2.3M, and assets of $370K (revenue +3.9% year-over-year).
- 2018: Revenue of $2.2M, expenses of $1.8M, and assets of $449K (revenue +57.9% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.5M, and assets of $183K (revenue -14.7% year-over-year).
- 2016: Revenue of $1.6M, expenses of $1.6M, and assets of $255K (revenue +26.9% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.4M, and assets of $1K (revenue +29.3% year-over-year).
- 2014: Revenue of $987K, expenses of $980K, and assets of $34K (revenue +406.9% year-over-year).
- 2013: Revenue of $195K, expenses of $211K, and assets of $17K (revenue -47.3% year-over-year).
- 2012: Revenue of $370K, expenses of $395K, and assets of $6K (revenue +9.6% year-over-year).
- 2011: Revenue of $337K, expenses of $325K, and assets of $21K (revenue +15.1% year-over-year).
- 2010: Revenue of $293K, expenses of $330K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Peninsula Healthcare Connection Inc:
Data Sources and Methodology
This transparency report for Peninsula Healthcare Connection 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.