Permian Basin First Priority Inc
EIN: 263931699 · Odessa, TX · NTEE: X20
About Permian Basin First Priority Inc
Permian Basin First Priority Inc (EIN: 263931699) is a nonprofit organization based in Odessa, TX, classified under NTEE code X20. The organization reported total revenue of $924K and total assets of $962K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Permian Basin First Priority Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Permian Basin First Priority 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 Permian Basin First Priority 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.
Filing History
IRS 990 filing history for Permian Basin First Priority Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2014–2023), Permian Basin First Priority Inc's revenue has grown by 94.6%, moving from $279K to $542K. Total assets increased by 117% over the same period, from $181K to $392K. Total functional expenses rose by 218.6%, from $165K to $525K. In its most recent filing year (2023), Permian Basin First Priority Inc reported a surplus of $18K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $542K | $525K | $392K | $0 | — | — |
| 2022 | $470K | $406K | $385K | $0 | — | — |
| 2021 | $363K | $297K | $312K | $0 | — | View 990 |
| 2020 | $289K | $234K | $283K | $37K | — | View 990 |
| 2019 | $280K | $287K | $190K | $0 | — | View 990 |
| 2018 | $317K | $316K | $198K | $0 | — | View 990 |
| 2017 | $310K | $272K | $197K | $0 | — | View 990 |
| 2016 | $282K | $258K | $161K | $2K | — | View 990 |
| 2015 | $179K | $228K | $132K | $4K | — | View 990 |
| 2014 | $279K | $165K | $181K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $542K, expenses of $525K, and assets of $392K (revenue +15.3% year-over-year).
- 2022: Revenue of $470K, expenses of $406K, and assets of $385K (revenue +29.4% year-over-year).
- 2021: Revenue of $363K, expenses of $297K, and assets of $312K (revenue +25.8% year-over-year).
- 2020: Revenue of $289K, expenses of $234K, and assets of $283K (revenue +3.3% year-over-year).
- 2019: Revenue of $280K, expenses of $287K, and assets of $190K (revenue -11.7% year-over-year).
- 2018: Revenue of $317K, expenses of $316K, and assets of $198K (revenue +2.3% year-over-year).
- 2017: Revenue of $310K, expenses of $272K, and assets of $197K (revenue +9.8% year-over-year).
- 2016: Revenue of $282K, expenses of $258K, and assets of $161K (revenue +57.9% year-over-year).
- 2015: Revenue of $179K, expenses of $228K, and assets of $132K (revenue -35.9% year-over-year).
- 2014: Revenue of $279K, expenses of $165K, and assets of $181K.
Data Sources and Methodology
This transparency report for Permian Basin First Priority 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.