Peoria Industrial Inc
Peoria Industrial Inc consistently generates significant revenue surpluses with no reported officer compensation.
EIN: 201718440 · Dallas, TX · NTEE: S470 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $5.8M |
| Total Expenses | $706K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $74 |
| Net Assets | $57.7M |
| Transparency Score | 95/100 |
Is Peoria Industrial Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Peoria Industrial Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Peoria Industrial Inc
Peoria Industrial Inc (EIN: 201718440) is a nonprofit organization based in Dallas, TX, classified under NTEE code S470. The organization reported total revenue of $5.8M and total assets of $74.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Peoria Industrial Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Peoria Industrial Inc is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.1M |
| Total Expenses | $706K |
| Surplus / Deficit | +$2.4M |
| Total Assets | $74.1M |
| Total Liabilities | $16.4M |
| Net Assets | $57.7M |
| Operating Margin | 77.4% |
| Debt-to-Asset Ratio | 22.1% |
| Months of Reserves | 1259.7 months |
Financial Health Grade: A
In 2023, Peoria Industrial Inc reported a surplus of $2.4M with revenue exceeding expenses, holds 1259.7 months of operating reserves (strong position), has a debt-to-asset ratio of 22.1% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Peoria Industrial Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.9% | -16.1% | -18.8% |
| 2022 | -18.7% | +9.7% | -8.1% |
| 2021 | +0.5% | +15.0% | +17.3% |
| 2020 | +9.4% | +11.0% | +5.0% |
| 2019 | +12.2% | +12.6% | +18.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
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 Peoria Industrial Inc with a Mission Score of 95 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Peoria Industrial Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% 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 $2.4M, with revenue exceeding expenses.
- Debt-to-asset ratio: 22.1%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization of this size with assets exceeding $74 million. This suggests either a fully volunteer-led executive team or that compensation is reported under different categories, warranting further investigation for complete transparency.
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 Peoria Industrial Inc's IRS 990 filings:
- Significant decrease in assets from 2022 to 2023 without clear explanation in summary data
- 0% officer compensation for an organization with over $74 million in assets, which is highly unusual and may indicate reporting nuances
Strengths
The following positive indicators were identified for Peoria Industrial Inc:
- Consistent revenue generation exceeding expenses across all reported periods
- Strong financial health with substantial asset base ($74,112,150 in 2023)
- No reported officer compensation, indicating high efficiency and mission focus
- Low expense ratio relative to revenue, suggesting efficient operations (e.g., 2023 expenses were only 22.6% of revenue)
Frequently Asked Questions about Peoria Industrial Inc
Is Peoria Industrial Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Peoria Industrial Inc (EIN: 201718440) some concerns. Mission Score: 95/100. 2 red flags identified, 4 strengths noted.
How does Peoria Industrial Inc spend its money?
Peoria Industrial Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Peoria Industrial Inc tax-deductible?
Peoria Industrial Inc is registered as a tax-exempt nonprofit (EIN: 201718440). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Peoria Industrial Inc CEO make?
Peoria Industrial Inc's highest-compensated officer earns $74 annually. The organization reported $5.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Peoria Industrial Inc's spending goes to programs?
Peoria Industrial Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Peoria Industrial Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Peoria Industrial Inc is above average for NTEE category S470 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Peoria Industrial Inc located?
Peoria Industrial Inc is headquartered in Dallas, Texas and files with the IRS under EIN 201718440. It is classified under NTEE code S470.
How many years of IRS 990 filings does Peoria Industrial Inc have?
Peoria Industrial 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 $5.8M in total revenue.
Is Peoria Industrial Inc a good charity?
Based on the available financial data, Peoria Industrial Inc appears to be a financially healthy organization with a strong track record of generating revenue surpluses and maintaining substantial assets. The absence of reported officer compensation is a significant positive indicator of mission focus and efficiency.
Why did assets decrease from $91.3M in 2022 to $74.1M in 2023?
The decrease in assets by approximately $17.2 million between 2022 and 2023 is a notable change that would require further review of the detailed financial statements to understand the underlying reasons, such as asset sales, revaluation, or significant investments.
How does Peoria Industrial Inc manage to operate with 0% officer compensation?
The consistent reporting of 0% officer compensation across all filings suggests that the organization's leadership may be entirely volunteer-based, or that executive salaries are categorized differently within the IRS 990, which would require a deeper dive into the full filing to confirm.
What is the primary use of the significant revenue surplus?
With revenue consistently exceeding expenses (e.g., $3,117,716 revenue vs. $706,006 expenses in 2023), the organization generates substantial surpluses. The use of these funds, whether for program expansion, asset accumulation, or reserves, would be detailed in the full IRS 990.
Filing History
IRS 990 filing history for Peoria Industrial Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Peoria Industrial Inc's revenue has grown by 137.4%, moving from $1.3M to $3.1M. Total assets increased by 134.7% over the same period, from $31.6M to $74.1M. Total functional expenses rose by 364.2%, from $152K to $706K. In its most recent filing year (2023), Peoria Industrial Inc reported a surplus of $2.4M, with revenue exceeding expenses. The organization holds $16.4M in liabilities against $74.1M in assets (debt-to-asset ratio: 22.1%), resulting in net assets of $57.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.1M | $706K | $74.1M | $16.4M | — | — |
| 2022 | $2.6M | $841K | $91.3M | $16.1M | — | View 990 |
| 2021 | $3.2M | $767K | $99.3M | $15.9M | — | View 990 |
| 2020 | $3.2M | $667K | $84.7M | $15.5M | — | View 990 |
| 2019 | $2.9M | $601K | $80.6M | $15.9M | — | — |
| 2018 | $2.6M | $534K | $67.9M | $15.5M | — | View 990 |
| 2017 | $2.3M | $421K | $62.6M | $15.4M | — | View 990 |
| 2016 | $2.3M | $380K | $53.9M | $15.2M | — | View 990 |
| 2015 | $2.1M | $306K | $49.8M | $15.5M | — | View 990 |
| 2014 | $1.7M | $220K | $37.1M | $15.2M | — | View 990 |
| 2013 | $1.4M | $-320,243 | $35.6M | $15.1M | — | View 990 |
| 2012 | $1.3M | $669K | $32.6M | $15.8M | — | View 990 |
| 2011 | $1.3M | $152K | $31.6M | $15.5M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.1M, expenses of $706K, and assets of $74.1M (revenue +18.9% year-over-year).
- 2022: Revenue of $2.6M, expenses of $841K, and assets of $91.3M (revenue -18.7% year-over-year).
- 2021: Revenue of $3.2M, expenses of $767K, and assets of $99.3M (revenue +0.5% year-over-year).
- 2020: Revenue of $3.2M, expenses of $667K, and assets of $84.7M (revenue +9.4% year-over-year).
- 2019: Revenue of $2.9M, expenses of $601K, and assets of $80.6M (revenue +12.2% year-over-year).
- 2018: Revenue of $2.6M, expenses of $534K, and assets of $67.9M (revenue +13.5% year-over-year).
- 2017: Revenue of $2.3M, expenses of $421K, and assets of $62.6M (revenue -0.1% year-over-year).
- 2016: Revenue of $2.3M, expenses of $380K, and assets of $53.9M (revenue +7.3% year-over-year).
- 2015: Revenue of $2.1M, expenses of $306K, and assets of $49.8M (revenue +24.8% year-over-year).
- 2014: Revenue of $1.7M, expenses of $220K, and assets of $37.1M (revenue +26.8% year-over-year).
- 2013: Revenue of $1.4M, expenses of $-320,243, and assets of $35.6M (revenue +2.3% year-over-year).
- 2012: Revenue of $1.3M, expenses of $669K, and assets of $32.6M (revenue +0.9% year-over-year).
- 2011: Revenue of $1.3M, expenses of $152K, and assets of $31.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Peoria Industrial Inc:
Data Sources and Methodology
This transparency report for Peoria Industrial 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.