Pennenvironment Inc
Pennenvironment Inc consistently accumulates assets with low expenses and no reported officer compensation.
EIN: 20611111 · Philadelphia, PA · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $605K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $5.9M |
| Transparency Score | 92/100 |
Is Pennenvironment Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pennenvironment Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pennenvironment Inc
Pennenvironment Inc (EIN: 20611111) is a nonprofit organization based in Philadelphia, PA. The organization reported total revenue of $1.2M and total assets of $7.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pennenvironment Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pennenvironment Inc is a mid-size 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 1.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.4M |
| Total Expenses | $605K |
| Surplus / Deficit | +$780K |
| Total Assets | $6.6M |
| Total Liabilities | $647K |
| Net Assets | $5.9M |
| Operating Margin | 56.3% |
| Debt-to-Asset Ratio | 9.8% |
| Months of Reserves | 130.4 months |
Financial Health Grade: A
In 2023, Pennenvironment Inc reported a surplus of $780K with revenue exceeding expenses, holds 130.4 months of operating reserves (strong position), has a debt-to-asset ratio of 9.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Pennenvironment Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +9.1% | -31.7% | +2.9% |
| 2022 | +0.0% | +27.0% | +16.1% |
| 2021 | -13.0% | -8.6% | +11.9% |
| 2020 | -13.8% | -52.6% | +15.8% |
| 2019 | -5.2% | -21.1% | -21.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| 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 Pennenvironment 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: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Pennenvironment Inc 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 $780K, with revenue exceeding expenses.
- Debt-to-asset ratio: 9.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers receive compensation directly from Pennenvironment Inc, which is highly favorable for a nonprofit of its size with over $1 million in annual revenue.
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.
Strengths
The following positive indicators were identified for Pennenvironment Inc:
- Strong asset growth and financial reserves (Assets $6,572,808 in 2023)
- Consistently low expenses relative to revenue (e.g., 2023 expenses $604,853 vs. revenue $1,384,367)
- 0% reported officer compensation across all filings, indicating high efficiency and transparency
- Positive net assets and low liabilities ($647,036 in 2023)
- Consistent revenue generation over $1 million annually
Frequently Asked Questions about Pennenvironment Inc
Is Pennenvironment Inc a legitimate charity?
Pennenvironment Inc (EIN: 20611111) is a registered tax-exempt nonprofit based in Pennsylvania. Our AI analysis gives it a Mission Score of 92/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Pennenvironment Inc spend its money?
Pennenvironment Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Pennenvironment Inc tax-deductible?
Pennenvironment Inc is registered as a tax-exempt nonprofit (EIN: 20611111). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Pennenvironment Inc CEO make?
Pennenvironment Inc's highest-compensated officer earns $1 annually. The organization reported $1.2M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Pennenvironment Inc's spending goes to programs?
Pennenvironment Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Pennenvironment Inc located?
Pennenvironment Inc is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 20611111.
How many years of IRS 990 filings does Pennenvironment Inc have?
Pennenvironment Inc 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 $1.2M in total revenue.
Is Pennenvironment Inc a good charity?
Based on its financial data, Pennenvironment Inc appears to be a very good charity. It consistently maintains strong financial health, accumulates assets, and reports 0% officer compensation, indicating efficient use of funds and high transparency.
How does Pennenvironment Inc manage its expenses?
Pennenvironment Inc consistently manages its expenses well below its revenue. For example, in 2023, expenses were $604,853 against revenues of $1,384,367, allowing for significant asset growth and reserve building.
What is the trend in Pennenvironment Inc's assets?
Pennenvironment Inc has shown a strong upward trend in assets, growing from $2,538,105 in 2014 to $6,572,808 in 2023, indicating robust financial growth and stability.
Does Pennenvironment Inc pay its officers?
No, Pennenvironment Inc consistently reports 0% officer compensation in all available IRS 990 filings, suggesting that officers are either volunteers or compensated by an affiliated entity.
Filing History
IRS 990 filing history for Pennenvironment Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pennenvironment Inc's revenue has grown by 12.3%, moving from $1.2M to $1.4M. Total assets increased by 302.3% over the same period, from $1.6M to $6.6M. Total functional expenses fell by 25.9%, from $816K to $605K. In its most recent filing year (2023), Pennenvironment Inc reported a surplus of $780K, with revenue exceeding expenses. The organization holds $647K in liabilities against $6.6M in assets (debt-to-asset ratio: 9.8%), resulting in net assets of $5.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.4M | $605K | $6.6M | $647K | — | View 990 |
| 2022 | $1.3M | $886K | $6.4M | $1.2M | — | View 990 |
| 2021 | $1.3M | $698K | $5.5M | $706K | — | — |
| 2020 | $1.5M | $764K | $4.9M | $724K | — | — |
| 2019 | $1.7M | $1.6M | $4.2M | $749K | — | View 990 |
| 2018 | $1.8M | $2.0M | $5.4M | $2.0M | — | View 990 |
| 2017 | $2.0M | $1.3M | $4.3M | $639K | — | View 990 |
| 2016 | $1.7M | $1.3M | $3.8M | $794K | — | View 990 |
| 2015 | $1.6M | $1.0M | $3.3M | $647K | — | View 990 |
| 2014 | $1.3M | $999K | $2.5M | $487K | — | View 990 |
| 2013 | $1.4M | $1.3M | $2.2M | $469K | — | View 990 |
| 2012 | $1.3M | $789K | $2.1M | $517K | — | View 990 |
| 2011 | $1.2M | $816K | $1.6M | $489K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.4M, expenses of $605K, and assets of $6.6M (revenue +9.1% year-over-year).
- 2022: Revenue of $1.3M, expenses of $886K, and assets of $6.4M (revenue +0.0% year-over-year).
- 2021: Revenue of $1.3M, expenses of $698K, and assets of $5.5M (revenue -13.0% year-over-year).
- 2020: Revenue of $1.5M, expenses of $764K, and assets of $4.9M (revenue -13.8% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.6M, and assets of $4.2M (revenue -5.2% year-over-year).
- 2018: Revenue of $1.8M, expenses of $2.0M, and assets of $5.4M (revenue -9.7% year-over-year).
- 2017: Revenue of $2.0M, expenses of $1.3M, and assets of $4.3M (revenue +19.0% year-over-year).
- 2016: Revenue of $1.7M, expenses of $1.3M, and assets of $3.8M (revenue +4.8% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.0M, and assets of $3.3M (revenue +18.8% year-over-year).
- 2014: Revenue of $1.3M, expenses of $999K, and assets of $2.5M (revenue -3.3% year-over-year).
- 2013: Revenue of $1.4M, expenses of $1.3M, and assets of $2.2M (revenue +9.8% year-over-year).
- 2012: Revenue of $1.3M, expenses of $789K, and assets of $2.1M (revenue +1.8% year-over-year).
- 2011: Revenue of $1.2M, expenses of $816K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pennenvironment Inc:
Data Sources and Methodology
This transparency report for Pennenvironment 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.