Pennock Foundation
EIN: 382713275 · Hastings, MI
| Metric | Value |
|---|---|
| Total Expenses | $241K |
| Net Assets | $6.0M |
Is Pennock Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pennock Foundation
Pennock Foundation (EIN: 382713275) is a nonprofit organization based in Hastings, MI. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pennock Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pennock Foundation is a small nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of -18.2%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $331K |
| Total Expenses | $241K |
| Surplus / Deficit | +$90K |
| Total Assets | $6.1M |
| Total Liabilities | $86K |
| Net Assets | $6.0M |
| Operating Margin | 27.3% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 305.9 months |
Financial Health Grade: A
In 2014, Pennock Foundation reported a surplus of $90K with revenue exceeding expenses, holds 305.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 4 years of filings (2011–2014), Pennock Foundation's revenue has declined at a compound annual growth rate (CAGR) of -18.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +3.4% | +17.3% | +5.1% |
| 2013 | -55.1% | +8.2% | +5.8% |
| 2012 | +17.8% | -71.6% | +4.1% |
AI Analysis Pending
AI enrichment for Pennock Foundation 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 Pennock Foundation 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $90K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Frequently Asked Questions about Pennock Foundation
Is Pennock Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Pennock Foundation (EIN: 382713275) insufficient data. 0 red flags identified, 0 strengths noted.
How does Pennock Foundation spend its money?
Detailed spending breakdown data is not yet available for Pennock Foundation. Check back for updated IRS 990 analysis.
Are donations to Pennock Foundation tax-deductible?
Pennock Foundation is registered as a tax-exempt nonprofit (EIN: 382713275). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pennock Foundation located?
Pennock Foundation is headquartered in Hastings, Michigan and files with the IRS under EIN 382713275.
How many years of IRS 990 filings does Pennock Foundation have?
Pennock Foundation has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Pennock Foundation showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Pennock Foundation's revenue has declined by 45.3%, moving from $606K to $331K. Total assets increased by 15.7% over the same period, from $5.3M to $6.1M. Total functional expenses fell by 64%, from $667K to $241K. In its most recent filing year (2014), Pennock Foundation reported a surplus of $90K, with revenue exceeding expenses. The organization holds $86K in liabilities against $6.1M in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $6.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $331K | $241K | $6.1M | $86K | — | View 990 |
| 2013 | $320K | $205K | $5.8M | $47K | — | View 990 |
| 2012 | $714K | $189K | $5.5M | $58K | — | View 990 |
| 2011 | $606K | $667K | $5.3M | $165K | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $331K, expenses of $241K, and assets of $6.1M (revenue +3.4% year-over-year).
- 2013: Revenue of $320K, expenses of $205K, and assets of $5.8M (revenue -55.1% year-over-year).
- 2012: Revenue of $714K, expenses of $189K, and assets of $5.5M (revenue +17.8% year-over-year).
- 2011: Revenue of $606K, expenses of $667K, and assets of $5.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pennock Foundation:
Data Sources and Methodology
This transparency report for Pennock 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.