Perception Funding Inc
EIN: 272945263 · Kansas City, MO · NTEE: X12
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $3.9M |
| Net Assets | $600K |
Is Perception Funding Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Perception Funding Inc
Perception Funding Inc (EIN: 272945263) is a nonprofit organization based in Kansas City, MO, classified under NTEE code X12. The organization reported total revenue of $3.8M and total assets of $600K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Perception Funding Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Perception Funding Inc is a mid-size nonprofit that has been operating for 14 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 30.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.8M |
| Total Expenses | $3.9M |
| Surplus / Deficit | $-76,940 |
| Total Assets | $600K |
| Net Assets | $600K |
| Operating Margin | -2.0% |
| Months of Reserves | 1.9 months |
Financial Health Grade: C
In 2023, Perception Funding Inc reported a deficit of $77K with expenses exceeding revenue, holds 1.9 months of operating reserves (limited).
Financial Trends
Over 12 years of filings (2012–2023), Perception Funding Inc's revenue has grown at a compound annual growth rate (CAGR) of 30.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +25.8% | +25.5% | -11.4% |
| 2022 | -0.2% | +10.8% | -9.3% |
| 2021 | +37.4% | +28.5% | +55.0% |
| 2020 | +8.9% | +10.3% | +2.1% |
| 2019 | +33.0% | +35.1% | +13.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2012 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Perception Funding Inc 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 Perception Funding Inc 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 $77K, with expenses exceeding revenue.
Frequently Asked Questions about Perception Funding Inc
Is Perception Funding Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Perception Funding Inc (EIN: 272945263) insufficient data. 0 red flags identified, 0 strengths noted.
How does Perception Funding Inc spend its money?
Detailed spending breakdown data is not yet available for Perception Funding Inc. Check back for updated IRS 990 analysis.
Are donations to Perception Funding Inc tax-deductible?
Perception Funding Inc is registered as a tax-exempt nonprofit (EIN: 272945263). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Perception Funding Inc located?
Perception Funding Inc is headquartered in Kansas City, Missouri and files with the IRS under EIN 272945263. It is classified under NTEE code X12.
How many years of IRS 990 filings does Perception Funding Inc have?
Perception Funding Inc has 12 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 $3.8M in total revenue.
Filing History
IRS 990 filing history for Perception Funding Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Perception Funding Inc's revenue has grown by 1750.4%, moving from $205K to $3.8M. Total assets increased by 559.4% over the same period, from $91K to $600K. Total functional expenses rose by 2508.4%, from $148K to $3.9M. In its most recent filing year (2023), Perception Funding Inc reported a deficit of $77K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.8M | $3.9M | $600K | $0 | — | — |
| 2022 | $3.0M | $3.1M | $677K | $0 | — | View 990 |
| 2021 | $3.0M | $2.8M | $747K | $0 | — | View 990 |
| 2020 | $2.2M | $2.2M | $482K | $-24,900 | — | View 990 |
| 2019 | $2.0M | $2.0M | $472K | $0 | — | View 990 |
| 2018 | $1.5M | $1.5M | $415K | $0 | — | View 990 |
| 2017 | $1.1M | $1.2M | $352K | $0 | — | View 990 |
| 2016 | $1.1M | $981K | $366K | $0 | — | View 990 |
| 2015 | $984K | $845K | $259K | $0 | — | View 990 |
| 2014 | $640K | $620K | $121K | $2K | — | View 990 |
| 2013 | $411K | $400K | $101K | $1K | — | View 990 |
| 2012 | $205K | $148K | $91K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.8M, expenses of $3.9M, and assets of $600K (revenue +25.8% year-over-year).
- 2022: Revenue of $3.0M, expenses of $3.1M, and assets of $677K (revenue -0.2% year-over-year).
- 2021: Revenue of $3.0M, expenses of $2.8M, and assets of $747K (revenue +37.4% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.2M, and assets of $482K (revenue +8.9% year-over-year).
- 2019: Revenue of $2.0M, expenses of $2.0M, and assets of $472K (revenue +33.0% year-over-year).
- 2018: Revenue of $1.5M, expenses of $1.5M, and assets of $415K (revenue +32.6% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.2M, and assets of $352K (revenue +5.4% year-over-year).
- 2016: Revenue of $1.1M, expenses of $981K, and assets of $366K (revenue +10.5% year-over-year).
- 2015: Revenue of $984K, expenses of $845K, and assets of $259K (revenue +53.8% year-over-year).
- 2014: Revenue of $640K, expenses of $620K, and assets of $121K (revenue +55.6% year-over-year).
- 2013: Revenue of $411K, expenses of $400K, and assets of $101K (revenue +100.4% year-over-year).
- 2012: Revenue of $205K, expenses of $148K, and assets of $91K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Perception Funding Inc:
Data Sources and Methodology
This transparency report for Perception Funding 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.