Penn Foundation Trust
Penn Foundation Trust shows consistent asset growth and zero reported officer compensation amidst fluctuating revenues.
EIN: 10760254 · Sellersville, PA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.2M |
| Total Expenses | $186K |
| Program Spending | 85% |
| Net Assets | $7.9M |
| Transparency Score | 90/100 |
Is Penn Foundation Trust Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Penn Foundation Trust directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Penn Foundation Trust
Penn Foundation Trust (EIN: 10760254) is a nonprofit organization based in Sellersville, PA, classified under NTEE code T20. The organization reported total revenue of $3.2M and total assets of $8.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Penn Foundation Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Penn Foundation Trust is a mid-size nonprofit that has been operating for 23 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of -7.3%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $383K |
| Total Expenses | $186K |
| Surplus / Deficit | +$197K |
| Total Assets | $7.9M |
| Total Liabilities | $37K |
| Net Assets | $7.9M |
| Operating Margin | 51.4% |
| Debt-to-Asset Ratio | 0.5% |
| Months of Reserves | 509.1 months |
Financial Health Grade: A
In 2024, Penn Foundation Trust reported a surplus of $197K with revenue exceeding expenses, holds 509.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.5% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Penn Foundation Trust's revenue has declined at a compound annual growth rate (CAGR) of -7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +45.2% | +11.2% | +8.5% |
| 2023 | -61.7% | -79.0% | +6.5% |
| 2022 | -57.7% | +140.1% | -19.3% |
| 2021 | +378.5% | +49.1% | +38.1% |
| 2020 | -53.5% | -69.5% | -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 Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Penn Foundation Trust with a Mission Score of 90 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, Penn Foundation Trust 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $197K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating either a volunteer-led executive structure or that compensation is handled by a separate, related entity, which is a strong positive for donor confidence regarding direct program spending.
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 Penn Foundation Trust's IRS 990 filings:
- Significant year-over-year revenue volatility, which could impact long-term planning and sustainability if not managed effectively.
- Lack of detailed breakdown on program vs. administrative vs. fundraising expenses in the provided summary data, making a precise spending efficiency analysis challenging without full 990 access.
Strengths
The following positive indicators were identified for Penn Foundation Trust:
- Consistent asset growth, increasing from $4,644,720 in 2015 to $8,368,131 in the latest period, indicating strong financial stewardship.
- Zero reported officer compensation across all filings, demonstrating a high commitment to directing funds towards the mission.
- Efficient expense management in most years, with expenses often well below revenue, contributing to asset accumulation.
- Long history of IRS 990 filings (14 filings), indicating strong compliance and transparency.
- Healthy asset base relative to annual expenses, providing financial stability and resilience.
Frequently Asked Questions about Penn Foundation Trust
Is Penn Foundation Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Penn Foundation Trust (EIN: 10760254) some concerns. Mission Score: 90/100. 2 red flags identified, 5 strengths noted.
How does Penn Foundation Trust spend its money?
Penn Foundation Trust directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Penn Foundation Trust tax-deductible?
Penn Foundation Trust is registered as a tax-exempt nonprofit (EIN: 10760254). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Penn Foundation Trust's spending goes to programs?
Penn Foundation Trust directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Penn Foundation Trust compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Penn Foundation Trust is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Penn Foundation Trust located?
Penn Foundation Trust is headquartered in Sellersville, Pennsylvania and files with the IRS under EIN 10760254. It is classified under NTEE code T20.
How many years of IRS 990 filings does Penn Foundation Trust have?
Penn Foundation Trust 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 $3.2M in total revenue.
Is Penn Foundation Trust a good charity?
Based on the available data, Penn Foundation Trust appears to be a well-managed charity. It demonstrates strong financial health with consistent asset growth, efficient expense management in most years, and a notable commitment to transparency with 0% reported officer compensation. The consistent filing of 990s also points to good governance.
What is the primary source of Penn Foundation Trust's revenue given its fluctuations?
The IRS 990 data alone does not specify the exact sources of revenue. The significant fluctuations, such as the jump to $1,627,606 in 2021 and subsequent drops, suggest a reliance on grants, large donations, or investment income rather than consistent program service fees. Further investigation into Schedule A or B of the 990 would be needed to identify specific funding streams.
How does Penn Foundation Trust manage its expenses so efficiently?
The organization consistently reports expenses significantly lower than revenue in many periods (e.g., $1,627,606 revenue vs. $331,715 expenses in 2021). This efficiency, coupled with 0% officer compensation, suggests a lean operational structure, potentially a high reliance on volunteers, or a focus on direct program delivery with minimal overhead. The NTEE code T20 (Mental Health & Crisis Intervention) implies a direct service model.
Filing History
IRS 990 filing history for Penn Foundation Trust showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Penn Foundation Trust's revenue has declined by 62.8%, moving from $1.0M to $383K. Total assets decreased by 5.5% over the same period, from $8.4M to $7.9M. Total functional expenses fell by 28.8%, from $261K to $186K. In its most recent filing year (2024), Penn Foundation Trust reported a surplus of $197K, with revenue exceeding expenses. The organization holds $37K in liabilities against $7.9M in assets (debt-to-asset ratio: 0.5%), resulting in net assets of $7.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $383K | $186K | $7.9M | $37K | — | — |
| 2023 | $264K | $167K | $7.3M | $44K | — | View 990 |
| 2022 | $689K | $796K | $6.8M | $64K | — | View 990 |
| 2021 | $1.6M | $332K | $8.5M | $614 | — | View 990 |
| 2020 | $340K | $222K | $6.1M | $55K | — | View 990 |
| 2019 | $732K | $729K | $6.5M | $390K | — | View 990 |
| 2018 | $633K | $180K | $6.6M | $463K | — | View 990 |
| 2017 | $553K | $549K | $5.9M | $421K | — | View 990 |
| 2016 | $767K | $192K | $5.1M | $0 | — | View 990 |
| 2015 | $505K | $93K | $4.6M | $0 | — | View 990 |
| 2014 | $900K | $30K | $4.3M | $0 | — | View 990 |
| 2013 | $508K | $2.8M | $3.2M | $0 | — | View 990 |
| 2012 | $1.4M | $4.4M | $5.3M | $4K | — | View 990 |
| 2011 | $1.0M | $261K | $8.4M | $13K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $383K, expenses of $186K, and assets of $7.9M (revenue +45.2% year-over-year).
- 2023: Revenue of $264K, expenses of $167K, and assets of $7.3M (revenue -61.7% year-over-year).
- 2022: Revenue of $689K, expenses of $796K, and assets of $6.8M (revenue -57.7% year-over-year).
- 2021: Revenue of $1.6M, expenses of $332K, and assets of $8.5M (revenue +378.5% year-over-year).
- 2020: Revenue of $340K, expenses of $222K, and assets of $6.1M (revenue -53.5% year-over-year).
- 2019: Revenue of $732K, expenses of $729K, and assets of $6.5M (revenue +15.6% year-over-year).
- 2018: Revenue of $633K, expenses of $180K, and assets of $6.6M (revenue +14.6% year-over-year).
- 2017: Revenue of $553K, expenses of $549K, and assets of $5.9M (revenue -27.9% year-over-year).
- 2016: Revenue of $767K, expenses of $192K, and assets of $5.1M (revenue +51.8% year-over-year).
- 2015: Revenue of $505K, expenses of $93K, and assets of $4.6M (revenue -43.9% year-over-year).
- 2014: Revenue of $900K, expenses of $30K, and assets of $4.3M (revenue +77.2% year-over-year).
- 2013: Revenue of $508K, expenses of $2.8M, and assets of $3.2M (revenue -64.4% year-over-year).
- 2012: Revenue of $1.4M, expenses of $4.4M, and assets of $5.3M (revenue +38.7% year-over-year).
- 2011: Revenue of $1.0M, expenses of $261K, and assets of $8.4M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Penn Foundation Trust:
Data Sources and Methodology
This transparency report for Penn Foundation Trust 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.