Performa Inc
Performa Inc. shows strong financial rebound in 2023 with significant revenue surplus and asset growth, maintaining 0% officer compensation.
EIN: 201286572 · New York, NY · NTEE: A51 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.9M |
| Total Expenses | $1.8M |
| Program Spending | 80% |
| Net Assets | $801K |
| Transparency Score | 85/100 |
Is Performa Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Performa Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Performa Inc
Performa Inc (EIN: 201286572) is a nonprofit organization based in New York, NY, classified under NTEE code A51. The organization reported total revenue of $1.9M and total assets of $874K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Performa Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Performa 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 8.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.8M |
| Total Expenses | $1.8M |
| Surplus / Deficit | +$971K |
| Total Assets | $1.4M |
| Total Liabilities | $626K |
| Net Assets | $801K |
| Operating Margin | 34.9% |
| Debt-to-Asset Ratio | 43.9% |
| Months of Reserves | 9.5 months |
Financial Health Grade: A
In 2023, Performa Inc reported a surplus of $971K with revenue exceeding expenses, holds 9.5 months of operating reserves (strong position), has a debt-to-asset ratio of 43.9% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Performa Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +46.6% | -24.8% | +173.0% |
| 2022 | +26.2% | +115.8% | -5.2% |
| 2021 | -33.0% | -56.3% | +71.3% |
| 2020 | +120.0% | +93.6% | -17.9% |
| 2019 | -56.9% | -44.9% | -39.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2100 |
| 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 Performa 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Performa 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $971K, with revenue exceeding expenses.
- Debt-to-asset ratio: 43.9%.
Executive Compensation Analysis
Performa Inc. consistently reports 0% officer compensation across all available filings, indicating that no portion of its expenses is allocated to executive salaries, which is highly commendable for a nonprofit 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 Performa Inc's IRS 990 filings:
- Fluctuating financial performance with periods of significant deficits (e.g., 202206, 202006, 201906, 201806, 201606, 201406 where expenses exceeded revenue).
Strengths
The following positive indicators were identified for Performa Inc:
- Strong financial rebound in the latest filing (202306) with a substantial surplus of $970,916.
- Consistent reporting of 0% officer compensation across all filings, indicating high efficiency in executive pay.
- Significant growth in assets to $1,427,264 in 2023, enhancing long-term stability.
- Positive net assets (Assets exceeding Liabilities) in most recent filing ($1,427,264 assets vs $626,426 liabilities).
Frequently Asked Questions about Performa Inc
Is Performa Inc a legitimate charity?
Performa Inc (EIN: 201286572) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.9M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Performa Inc spend its money?
Performa Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Performa Inc tax-deductible?
Performa Inc is registered as a tax-exempt nonprofit (EIN: 201286572). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Performa Inc's spending goes to programs?
Performa Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Performa Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Performa Inc is above average for NTEE category A51 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Performa Inc located?
Performa Inc is headquartered in New York, New York and files with the IRS under EIN 201286572. It is classified under NTEE code A51.
How many years of IRS 990 filings does Performa Inc have?
Performa 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 $1.9M in total revenue.
Is Performa Inc. financially stable?
Yes, Performa Inc. appears financially stable, especially given its strong revenue of $2,779,202 exceeding expenses of $1,808,286 in the latest filing (202306), and a significant increase in assets to $1,427,264.
Does Performa Inc. pay its executives?
No, Performa Inc. consistently reports 0% officer compensation in all available IRS 990 filings, indicating no executive salaries are paid.
How has Performa Inc.'s financial health changed over time?
Performa Inc. has experienced fluctuations in revenue and expenses, with periods of deficits (e.g., 202206, 202006) and surpluses (e.g., 202306, 202106). However, its asset base has generally grown, reaching a high of $1,427,264 in 2023, suggesting overall strengthening.
What is the trend in Performa Inc.'s assets?
Performa Inc.'s assets have shown a positive growth trend, particularly in the latest period, increasing from $522,855 in 2022 to $1,427,264 in 2023, indicating improved financial reserves.
Filing History
IRS 990 filing history for Performa Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Performa Inc's revenue has grown by 172.7%, moving from $1.0M to $2.8M. Total assets increased by 700.8% over the same period, from $178K to $1.4M. Total functional expenses rose by 107%, from $874K to $1.8M. In its most recent filing year (2023), Performa Inc reported a surplus of $971K, with revenue exceeding expenses. The organization holds $626K in liabilities against $1.4M in assets (debt-to-asset ratio: 43.9%), resulting in net assets of $801K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.8M | $1.8M | $1.4M | $626K | — | View 990 |
| 2022 | $1.9M | $2.4M | $523K | $690K | — | View 990 |
| 2021 | $1.5M | $1.1M | $552K | $361K | — | View 990 |
| 2020 | $2.2M | $2.6M | $322K | $519K | — | View 990 |
| 2019 | $1.0M | $1.3M | $392K | $278K | — | View 990 |
| 2018 | $2.4M | $2.4M | $644K | $230K | — | View 990 |
| 2017 | $1.5M | $1.3M | $696K | $255K | — | View 990 |
| 2016 | $2.0M | $2.4M | $655K | $376K | — | View 990 |
| 2015 | $2.5M | $1.5M | $962K | $234K | — | View 990 |
| 2014 | $2.3M | $2.5M | $398K | $593K | — | View 990 |
| 2013 | $956K | $948K | $129K | $193K | — | View 990 |
| 2012 | $2.4M | $2.5M | $118K | $190K | — | View 990 |
| 2011 | $1.0M | $874K | $178K | $99K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.8M, expenses of $1.8M, and assets of $1.4M (revenue +46.6% year-over-year).
- 2022: Revenue of $1.9M, expenses of $2.4M, and assets of $523K (revenue +26.2% year-over-year).
- 2021: Revenue of $1.5M, expenses of $1.1M, and assets of $552K (revenue -33.0% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.6M, and assets of $322K (revenue +120.0% year-over-year).
- 2019: Revenue of $1.0M, expenses of $1.3M, and assets of $392K (revenue -56.9% year-over-year).
- 2018: Revenue of $2.4M, expenses of $2.4M, and assets of $644K (revenue +58.6% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.3M, and assets of $696K (revenue -23.8% year-over-year).
- 2016: Revenue of $2.0M, expenses of $2.4M, and assets of $655K (revenue -20.6% year-over-year).
- 2015: Revenue of $2.5M, expenses of $1.5M, and assets of $962K (revenue +6.5% year-over-year).
- 2014: Revenue of $2.3M, expenses of $2.5M, and assets of $398K (revenue +142.0% year-over-year).
- 2013: Revenue of $956K, expenses of $948K, and assets of $129K (revenue -60.4% year-over-year).
- 2012: Revenue of $2.4M, expenses of $2.5M, and assets of $118K (revenue +136.7% year-over-year).
- 2011: Revenue of $1.0M, expenses of $874K, and assets of $178K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Performa Inc:
Data Sources and Methodology
This transparency report for Performa 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.