Penobscot Valley Pi Beta Phi House Inc

Penobscot Valley Pi Beta Phi House Inc. maintains stable finances with consistent asset growth and no reported liabilities.

EIN: 10282340 · Hampden, ME · Updated: 2026-03-28

$6KRevenue

$93KAssets

85/100Mission Score (Excellent)

About Penobscot Valley Pi Beta Phi House Inc

Penobscot Valley Pi Beta Phi House Inc (EIN: 10282340) is a nonprofit organization based in Hampden, ME. The organization reported total revenue of $6K and total assets of $93K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Penobscot Valley Pi Beta Phi House Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Penobscot Valley Pi Beta Phi House Inc. demonstrates consistent financial stability with a steady increase in assets over the past decade, growing from $74,256 in 2015 to $90,986 in 2024. The organization consistently reports zero liabilities, indicating a strong balance sheet and no reliance on debt. Revenue and expenses fluctuate year-to-year, but expenses generally remain well below revenue, allowing for asset growth. For example, in 2024, revenue was $7,513 against expenses of $5,747, resulting in a surplus. The organization's financial health appears sound for its size and operational scope.

Spending efficiency is high, as evidenced by the consistent reporting of 0% officer compensation across all available filings, suggesting a volunteer-driven or very lean operational model. With no officer compensation, a significant portion of expenses would likely be directed towards program services or essential administrative costs. The absence of detailed expense breakdowns in the provided data makes a precise program spending ratio difficult to calculate, but the overall financial management indicates a focus on maintaining assets and covering operational costs without excessive overhead.

Transparency is good given the consistent filing of IRS Form 990s over 13 periods. The consistent reporting of zero liabilities and zero officer compensation enhances trust. However, the lack of a specific NTEE code and detailed expense categories in the provided summary limits a deeper analysis of program-specific spending and overall mission alignment beyond general financial health. For an organization of its size, the available data suggests a well-managed and transparent approach to its finances.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Penobscot Valley Pi Beta Phi House Inc 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: 20%
programs: 80%
fundraising: 0%

According to IRS 990 filings, Penobscot Valley Pi Beta Phi House Inc allocates its expenses as follows: admin: 20%, programs: 80%, fundraising: 0%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Executive compensation is consistently reported as 0% across all available filings, indicating that the organization is likely run by volunteers or has no paid officers, which is highly efficient for an organization of its size.

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 Penobscot Valley Pi Beta Phi House Inc's IRS 990 filings:

Unknown NTEE Code limits understanding of specific mission alignment
Lack of detailed expense breakdown in provided data prevents precise program spending analysis

Strengths

The following positive indicators were identified for Penobscot Valley Pi Beta Phi House Inc:

Consistent asset growth, from $74,256 in 2015 to $90,986 in 2024
Zero reported liabilities across all filings, indicating strong financial health
0% officer compensation, demonstrating high operational efficiency and volunteer-driven leadership
Consistent IRS 990 filing history (13 filings), showing good transparency
Expenses consistently below revenue, leading to financial surpluses

Frequently Asked Questions about Penobscot Valley Pi Beta Phi House Inc

Is Penobscot Valley Pi Beta Phi House Inc a good charity?

Based on the financial data, the organization appears to be well-managed, financially stable, and highly efficient due to 0% officer compensation and consistent asset growth. Its consistent IRS filings also indicate good transparency.

How does the organization manage its expenses?

Expenses consistently remain below revenue, allowing for asset growth. For instance, in 2024, expenses were $5,747 against $7,513 in revenue. The organization also reports 0% officer compensation, suggesting a very lean operational model.

What is the trend in the organization's assets?

Assets have shown a consistent upward trend, growing from $74,256 in 2015 to $90,986 in 2024, indicating financial stability and prudent management.

Filing History

IRS 990 filing history for Penobscot Valley Pi Beta Phi House Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2012–2024), Penobscot Valley Pi Beta Phi House Inc's revenue has grown by 96.2%, moving from $4K to $8K. Total assets increased by 23.2% over the same period, from $74K to $91K. Total functional expenses rose by 154.9%, from $2K to $6K. In its most recent filing year (2024), Penobscot Valley Pi Beta Phi House Inc reported a surplus of $2K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2024	$8K	$6K	$91K	$0	—	—
2023	$3K	$2K	$89K	$0	—	—
2022	$3K	$2K	$89K	$0	—	View 990
2021	$4K	$1K	$88K	$0	—	View 990
2020	$5K	$3K	$85K	$0	—	View 990
2019	$4K	$3K	$83K	$0	—	View 990
2018	$4K	$3K	$82K	$0	—	—
2017	$7K	$2K	$81K	$0	—	View 990
2016	$4K	$2K	$76K	$0	—	View 990
2015	$3K	$2K	$74K	$0	—	View 990
2014	$5K	$3K	$74K	$0	—	View 990
2013	$3K	$6K	$72K	$0	—	View 990
2012	$4K	$2K	$74K	$0	—	View 990

Year-by-Year Financial Summary

2024: Revenue of $8K, expenses of $6K, and assets of $91K (revenue +191.2% year-over-year).
2023: Revenue of $3K, expenses of $2K, and assets of $89K (revenue -13.5% year-over-year).
2022: Revenue of $3K, expenses of $2K, and assets of $89K (revenue -24.0% year-over-year).
2021: Revenue of $4K, expenses of $1K, and assets of $88K (revenue -18.3% year-over-year).
2020: Revenue of $5K, expenses of $3K, and assets of $85K (revenue +17.4% year-over-year).
2019: Revenue of $4K, expenses of $3K, and assets of $83K (revenue +5.3% year-over-year).
2018: Revenue of $4K, expenses of $3K, and assets of $82K (revenue -44.0% year-over-year).
2017: Revenue of $7K, expenses of $2K, and assets of $81K (revenue +68.1% year-over-year).
2016: Revenue of $4K, expenses of $2K, and assets of $76K (revenue +42.0% year-over-year).
2015: Revenue of $3K, expenses of $2K, and assets of $74K (revenue -43.8% year-over-year).
2014: Revenue of $5K, expenses of $3K, and assets of $74K (revenue +56.2% year-over-year).
2013: Revenue of $3K, expenses of $6K, and assets of $72K (revenue -13.4% year-over-year).
2012: Revenue of $4K, expenses of $2K, and assets of $74K.

Data Sources and Methodology

This transparency report for Penobscot Valley Pi Beta Phi House 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.