Petchers Foundation Inc
Petchers Foundation consistently grows assets with zero executive compensation.
EIN: 205272600 · Fairfield, CT · NTEE: T20 · Updated: 2026-03-28
Is Petchers Foundation Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Petchers Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Petchers Foundation Inc
Petchers Foundation Inc (EIN: 205272600) is a nonprofit organization based in Fairfield, CT, classified under NTEE code T20. The organization reported total revenue of $2.4M and total assets of $3.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Petchers Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Petchers Foundation Inc is a mid-size nonprofit that has been operating for 19 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $233K |
| Total Expenses | $209K |
| Surplus / Deficit | +$24K |
| Total Assets | $3.1M |
| Total Liabilities | $1 |
| Net Assets | $3.1M |
| Operating Margin | 10.3% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 175.1 months |
Financial Health Grade: A
In 2023, Petchers Foundation Inc reported a surplus of $24K with revenue exceeding expenses, holds 175.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Petchers Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 0.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -19.4% | -11.0% | +0.8% |
| 2022 | -62.7% | +1.6% | +1.8% |
| 2021 | +346.3% | +46.4% | +22.4% |
| 2020 | -58.0% | +13.8% | +0.6% |
| 2019 | +123.6% | +39.9% | +56.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
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 Petchers Foundation 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Petchers Foundation Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 $24K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the organization's leadership is entirely volunteer-based, which is highly commendable for a foundation of its size with assets exceeding $3 million.
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.
Strengths
The following positive indicators were identified for Petchers Foundation Inc:
- Consistent asset growth, increasing from $978,924 in 2011 to $3,055,341 in 2023.
- Zero officer compensation reported across all filings, indicating volunteer leadership and efficient use of funds.
- Minimal liabilities ($0 or $1) consistently reported, demonstrating strong financial stability.
- Expenses consistently lower than revenue in most periods, allowing for capital accumulation.
- Strong balance sheet with assets significantly exceeding liabilities.
Frequently Asked Questions about Petchers Foundation Inc
Is Petchers Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Petchers Foundation Inc (EIN: 205272600) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Petchers Foundation Inc spend its money?
Petchers Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Petchers Foundation Inc tax-deductible?
Petchers Foundation Inc is registered as a tax-exempt nonprofit (EIN: 205272600). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Petchers Foundation Inc. a good charity?
Based on the provided data, Petchers Foundation Inc. appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, minimal liabilities, and a commitment to volunteer leadership with 0% officer compensation.
How has the organization's asset base changed over time?
The organization's assets have shown consistent growth, increasing from $978,924 in 2011 to $3,055,341 in 2023, indicating effective financial management and accumulation of resources.
What is the trend in revenue and expenses?
Revenue has fluctuated significantly year-to-year, with a high of $775,382 in 2021 and a low of $148,716 in 2012. Expenses, while also fluctuating, have generally remained well below revenue, allowing for consistent asset growth. For example, in 2023, revenue was $233,463 against expenses of $209,352.
Filing History
IRS 990 filing history for Petchers Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Petchers Foundation Inc's revenue has grown by 3.8%, moving from $225K to $233K. Total assets increased by 212.1% over the same period, from $979K to $3.1M. Total functional expenses rose by 177.9%, from $75K to $209K. In its most recent filing year (2023), Petchers Foundation Inc reported a surplus of $24K, with revenue exceeding expenses. The organization holds $1 in liabilities against $3.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $233K | $209K | $3.1M | $1 | — | — |
| 2022 | $290K | $235K | $3.0M | $1 | — | View 990 |
| 2021 | $775K | $232K | $3.0M | $1 | — | View 990 |
| 2020 | $174K | $158K | $2.4M | $1 | — | View 990 |
| 2019 | $413K | $139K | $2.4M | $1 | — | — |
| 2015 | $185K | $99K | $1.5M | $1 | — | View 990 |
| 2014 | $314K | $79K | $1.5M | $1 | — | View 990 |
| 2013 | $228K | $60K | $1.2M | $1 | — | View 990 |
| 2012 | $149K | $70K | $1.1M | $1 | — | View 990 |
| 2011 | $225K | $75K | $979K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $233K, expenses of $209K, and assets of $3.1M (revenue -19.4% year-over-year).
- 2022: Revenue of $290K, expenses of $235K, and assets of $3.0M (revenue -62.7% year-over-year).
- 2021: Revenue of $775K, expenses of $232K, and assets of $3.0M (revenue +346.3% year-over-year).
- 2020: Revenue of $174K, expenses of $158K, and assets of $2.4M (revenue -58.0% year-over-year).
- 2019: Revenue of $413K, expenses of $139K, and assets of $2.4M (revenue +123.6% year-over-year).
- 2015: Revenue of $185K, expenses of $99K, and assets of $1.5M (revenue -41.1% year-over-year).
- 2014: Revenue of $314K, expenses of $79K, and assets of $1.5M (revenue +37.8% year-over-year).
- 2013: Revenue of $228K, expenses of $60K, and assets of $1.2M (revenue +53.2% year-over-year).
- 2012: Revenue of $149K, expenses of $70K, and assets of $1.1M (revenue -33.9% year-over-year).
- 2011: Revenue of $225K, expenses of $75K, and assets of $979K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Petchers Foundation Inc:
Data Sources and Methodology
This transparency report for Petchers Foundation 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.