Perfect Pitch Inc
Perfect Pitch Inc. revenue plummets to $1, indicating severe financial distress.
EIN: 202936604 · Billings, MT · NTEE: A68 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1 |
| Total Expenses | $6K |
| Program Spending | 80% |
| Net Assets | $31K |
| Transparency Score | 20/100 |
Is Perfect Pitch Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Perfect Pitch Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Perfect Pitch Inc
Perfect Pitch Inc (EIN: 202936604) is a nonprofit organization based in Billings, MT, classified under NTEE code A68. The organization reported total revenue of $1 and total assets of $9K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Perfect Pitch Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Perfect Pitch Inc is a micro nonprofit that has been operating for 20 years, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -38.8%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $12K |
| Total Expenses | $6K |
| Surplus / Deficit | +$6K |
| Total Assets | $31K |
| Total Liabilities | $1 |
| Net Assets | $31K |
| Operating Margin | 51.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 66.2 months |
Financial Health Grade: A
In 2015, Perfect Pitch Inc reported a surplus of $6K with revenue exceeding expenses, holds 66.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), Perfect Pitch Inc's revenue has declined at a compound annual growth rate (CAGR) of -38.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +39.9% | -5.8% | +24.3% |
| 2014 | -61.3% | -50.8% | +10.6% |
| 2013 | -21.2% | -51.2% | +72.1% |
| 2012 | -67.0% | -70.8% | +24.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| IRS Ruling Date | 2006 |
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 Perfect Pitch Inc with a Mission Score of 20 out of 100 (Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Perfect Pitch Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $6K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all filings, suggesting a volunteer-led organization or one with no paid executives, which is appropriate given its extremely low revenue and asset base.
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 Perfect Pitch Inc's IRS 990 filings:
- Latest reported revenue of $1, indicating severe financial distress.
- Significant and consistent decline in revenue over the past five filing periods, from $82,085 in 2011 to $1 currently.
- Shrinking asset base from $30,660 in 2015 to $9,225 currently, suggesting depletion of resources.
Strengths
The following positive indicators were identified for Perfect Pitch Inc:
- Consistent reporting of 0% officer compensation, indicating a lean operational structure or volunteer leadership.
- Minimal liabilities reported across all filing periods ($1), suggesting good debt management.
Frequently Asked Questions about Perfect Pitch Inc
Is Perfect Pitch Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Perfect Pitch Inc (EIN: 202936604) significant concerns. Mission Score: 20/100. 3 red flags identified, 2 strengths noted.
How does Perfect Pitch Inc spend its money?
Perfect Pitch Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Perfect Pitch Inc tax-deductible?
Perfect Pitch Inc is registered as a tax-exempt nonprofit (EIN: 202936604). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Perfect Pitch Inc's spending goes to programs?
Perfect Pitch Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Perfect Pitch Inc compare to similar nonprofits?
With a transparency score of 20/100 (Poor), Perfect Pitch Inc is below average for NTEE category A68 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Perfect Pitch Inc located?
Perfect Pitch Inc is headquartered in Billings, Montana and files with the IRS under EIN 202936604. It is classified under NTEE code A68.
How many years of IRS 990 filings does Perfect Pitch Inc have?
Perfect Pitch Inc has 5 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 $1 in total revenue.
What caused the dramatic decline in Perfect Pitch Inc.'s revenue from $82,085 in 2011 to $1 currently?
The provided data does not specify the cause, but the trend indicates a severe loss of funding or operational activity.
Is Perfect Pitch Inc. still actively operating given its current revenue of $1?
A revenue of $1 strongly suggests the organization is either dormant, in the process of winding down, or has ceased significant operations.
What is the organization's plan to address its financial instability?
The IRS 990 data does not provide strategic plans, but the current financial state indicates an urgent need for intervention or closure.
Filing History
IRS 990 filing history for Perfect Pitch Inc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Perfect Pitch Inc's revenue has declined by 85.9%, moving from $82K to $12K. Total assets increased by 193.7% over the same period, from $10K to $31K. Total functional expenses fell by 93.4%, from $84K to $6K. In its most recent filing year (2015), Perfect Pitch Inc reported a surplus of $6K, with revenue exceeding expenses. The organization holds $1 in liabilities against $31K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $31K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $12K | $6K | $31K | $1 | — | View 990 |
| 2014 | $8K | $6K | $25K | $1 | — | View 990 |
| 2013 | $21K | $12K | $22K | $1 | — | View 990 |
| 2012 | $27K | $25K | $13K | $1 | — | View 990 |
| 2011 | $82K | $84K | $10K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $12K, expenses of $6K, and assets of $31K (revenue +39.9% year-over-year).
- 2014: Revenue of $8K, expenses of $6K, and assets of $25K (revenue -61.3% year-over-year).
- 2013: Revenue of $21K, expenses of $12K, and assets of $22K (revenue -21.2% year-over-year).
- 2012: Revenue of $27K, expenses of $25K, and assets of $13K (revenue -67.0% year-over-year).
- 2011: Revenue of $82K, expenses of $84K, and assets of $10K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Perfect Pitch Inc:
Data Sources and Methodology
This transparency report for Perfect Pitch 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.