Penuel Foundation
EIN: 461178350 · Olathe, KS · NTEE: P20
| Metric | Value |
|---|---|
| Total Revenue | $54K |
| Total Expenses | $57K |
| Net Assets | $142K |
Is Penuel Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Penuel Foundation
Penuel Foundation (EIN: 461178350) is a nonprofit organization based in Olathe, KS, classified under NTEE code P20. The organization reported total revenue of $54K and total assets of $42K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Penuel Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Penuel Foundation is a micro nonprofit that has been operating for 12 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of -44.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $52K |
| Total Expenses | $57K |
| Surplus / Deficit | $-4,669 |
| Total Assets | $142K |
| Net Assets | $142K |
| Operating Margin | -8.9% |
| Months of Reserves | 30.0 months |
Financial Health Grade: B
In 2023, Penuel Foundation reported a deficit of $5K with expenses exceeding revenue, holds 30.0 months of operating reserves (strong position).
Financial Trends
Over 3 years of filings (2021–2023), Penuel Foundation's revenue has declined at a compound annual growth rate (CAGR) of -44.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -35.1% | -37.4% | -3.2% |
| 2022 | -53.0% | +334.5% | -6.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Penuel 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 Penuel 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $5K, with expenses exceeding revenue.
Frequently Asked Questions about Penuel Foundation
Is Penuel Foundation a legitimate charity?
Penuel Foundation (EIN: 461178350) is a registered tax-exempt nonprofit based in Kansas. It has 3 years of IRS 990 filings on record. Total revenue: $54K. No red flags identified. Financial health grade: B.
How does Penuel Foundation spend its money?
Penuel Foundation reported $54K in total revenue in IRS 990 filings. 3 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Penuel Foundation tax-deductible?
Penuel Foundation is registered as a tax-exempt nonprofit (EIN: 461178350). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Penuel Foundation located?
Penuel Foundation is headquartered in Olathe, Kansas and files with the IRS under EIN 461178350. It is classified under NTEE code P20.
How many years of IRS 990 filings does Penuel Foundation have?
Penuel Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $54K in total revenue.
Filing History
IRS 990 filing history for Penuel Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Penuel Foundation's revenue has declined by 69.5%, moving from $172K to $52K. Total assets decreased by 9.6% over the same period, from $158K to $142K. Total functional expenses rose by 171.8%, from $21K to $57K. In its most recent filing year (2023), Penuel Foundation reported a deficit of $5K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $52K | $57K | $142K | $0 | — | — |
| 2022 | $81K | $91K | $147K | $0 | — | View 990 |
| 2021 | $172K | $21K | $158K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $52K, expenses of $57K, and assets of $142K (revenue -35.1% year-over-year).
- 2022: Revenue of $81K, expenses of $91K, and assets of $147K (revenue -53.0% year-over-year).
- 2021: Revenue of $172K, expenses of $21K, and assets of $158K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Penuel Foundation:
Data Sources and Methodology
This transparency report for Penuel 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.