Pfeil Foundation Inc

Pfeil Foundation consistently spends more than it earns, drawing down assets over the past decade.

EIN: 200495820 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28

$3.6MRevenue
$4.6MAssets
85/100Mission Score (Excellent)
T20
Pfeil Foundation Inc Financial Summary
MetricValue
Total Revenue$3.6M
Total Expenses$838K
Program Spending90%
Net Assets$4.7M
Transparency Score85/100

Is Pfeil Foundation Inc Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Pfeil Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Pfeil Foundation Inc

Pfeil Foundation Inc (EIN: 200495820) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $3.6M and total assets of $4.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pfeil Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

22Years Operating
Mid-SizeSize Classification
10Years of Filings
MixedRevenue Trajectory

Pfeil Foundation Inc is a mid-size nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.1%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$244K
Total Expenses$838K
Surplus / Deficit$-594,360
Total Assets$4.7M
Total Liabilities$1
Net Assets$4.7M
Operating Margin-243.8%
Debt-to-Asset Ratio0.0%
Months of Reserves67.4 months

Financial Health Grade: B

In 2023, Pfeil Foundation Inc reported a deficit of $594K with expenses exceeding revenue, holds 67.4 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), Pfeil Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.1%.

YearRevenue ChangeExpense ChangeAsset Change
2023+54.6%-15.4%-11.2%
2022-69.5%+149.9%-13.6%
2021+11.2%-65.6%+2.0%
2020-79.7%-63.5%-10.3%
2019+3214.0%+5474.9%-20.8%

IRS Tax-Exempt Classification

IRS Classification Codes1000
IRS Ruling Date2004

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Transparency Report

The Pfeil Foundation Inc. appears to be a grant-making private foundation, as indicated by its NTEE code T20 (Private Grantmaking Foundations) and its consistent reporting of $1 in liabilities across all available filings. This structure inherently implies a focus on distributing funds rather than direct program delivery, which impacts the interpretation of 'spending efficiency.' The organization consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and efficient use of funds in terms of executive salaries. However, the filings show a pattern of expenses frequently exceeding revenue, particularly in recent years (e.g., 202312: Revenue=$243,755, Expenses=$838,115; 202212: Revenue=$157,701, Expenses=$990,867). This suggests the foundation is drawing down its assets to fund its grantmaking activities, as evidenced by the decline in assets from $8,555,993 in 201312 to $4,703,988 in 202312. While the foundation's transparency is good in terms of publicly available 990 data and zero officer compensation, the long-term sustainability of its current spending pattern, where expenses often outpace revenue, warrants attention. The consistent $1 liability across all filings is unusual and might indicate a specific accounting practice for private foundations, but it doesn't detract from the overall picture of asset utilization. The lack of detailed program, administrative, and fundraising expense breakdowns in the provided summary data makes a precise spending efficiency calculation difficult without access to the full 990s, but the core function as a grantmaker means most expenses would typically be program-related grants.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Pfeil Foundation 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: 90%
  • fundraising: 0%

According to IRS 990 filings, Pfeil 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:

$244KTotal Revenue
$838KTotal Expenses
$4.7MTotal Assets
$1Total Liabilities
$4.7MNet Assets
  • The organization reported a deficit of $594K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

The Pfeil Foundation consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly efficient 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 Pfeil Foundation Inc's IRS 990 filings:

  • Consistent spending exceeding revenue, leading to asset depletion (e.g., assets decreased from $8.5M in 2013 to $4.7M in 2023).

Strengths

The following positive indicators were identified for Pfeil Foundation Inc:

  • Zero officer compensation, indicating highly efficient executive leadership costs.
  • Consistent grantmaking activity, as evidenced by significant expenses.
  • Low liabilities ($1 reported consistently), suggesting strong financial solvency.

Frequently Asked Questions about Pfeil Foundation Inc

Is Pfeil Foundation Inc a legitimate charity?

Pfeil Foundation Inc (EIN: 200495820) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $3.6M. 1 red flag identified. 3 strengths noted. Financial health grade: B.

How does Pfeil Foundation Inc spend its money?

Pfeil Foundation Inc directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.

Are donations to Pfeil Foundation Inc tax-deductible?

Pfeil Foundation Inc is registered as a tax-exempt nonprofit (EIN: 200495820). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How does Pfeil Foundation Inc compare to similar nonprofits?

With a transparency score of 85/100 (Excellent), Pfeil Foundation Inc is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.

Where is Pfeil Foundation Inc located?

Pfeil Foundation Inc is headquartered in Wilmington, Delaware and files with the IRS under EIN 200495820. It is classified under NTEE code T20.

How many years of IRS 990 filings does Pfeil Foundation Inc have?

Pfeil Foundation Inc has 10 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 $3.6M in total revenue.

Is Pfeil Foundation Inc. a good charity?

As a private grantmaking foundation, its 'goodness' is measured by its grantmaking impact. Financially, it demonstrates strong efficiency in executive compensation (0%) and appears to be actively distributing funds, though it is drawing down its asset base. Its consistent $1 liability across all filings is unusual but not necessarily a negative indicator for a private foundation.

Why are expenses consistently higher than revenue for Pfeil Foundation Inc.?

The foundation's expenses frequently exceed its revenue (e.g., 202312: Revenue=$243,755, Expenses=$838,115). This indicates that the foundation is likely spending from its endowment or accumulated assets to fund its grantmaking activities, rather than solely relying on annual income.

What is the trend in Pfeil Foundation Inc.'s assets?

The foundation's assets have shown a significant downward trend over the past decade, decreasing from $8,555,993 in 201312 to $4,703,988 in 202312. This aligns with the observation that expenses often exceed revenue, suggesting asset utilization for grantmaking.

How does Pfeil Foundation Inc. manage executive compensation?

The foundation reports 0% officer compensation in all available filings, indicating that its officers are not compensated, which is a highly efficient practice and suggests volunteer leadership.

Filing History

IRS 990 filing history for Pfeil Foundation Inc showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2023), Pfeil Foundation Inc's revenue has grown by 128.9%, moving from $107K to $244K. Total assets decreased by 37.7% over the same period, from $7.6M to $4.7M. Total functional expenses rose by 96.2%, from $427K to $838K. In its most recent filing year (2023), Pfeil Foundation Inc reported a deficit of $594K, with expenses exceeding revenue. The organization holds $1 in liabilities against $4.7M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $4.7M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $244K $838K $4.7M $1 View 990
2022 $158K $991K $5.3M $1 View 990
2021 $517K $396K $6.1M $1 View 990
2020 $465K $1.2M $6.0M $1 View 990
2019 $2.3M $3.2M $6.7M $1
2015 $69K $57K $8.5M $1 View 990
2014 $399K $510K $8.4M $1 View 990
2013 $1.7M $646K $8.6M $1 View 990
2012 $854K $860K $7.5M $1 View 990
2011 $107K $427K $7.6M $1 View 990

Year-by-Year Financial Summary

  • 2023: Revenue of $244K, expenses of $838K, and assets of $4.7M (revenue +54.6% year-over-year).
  • 2022: Revenue of $158K, expenses of $991K, and assets of $5.3M (revenue -69.5% year-over-year).
  • 2021: Revenue of $517K, expenses of $396K, and assets of $6.1M (revenue +11.2% year-over-year).
  • 2020: Revenue of $465K, expenses of $1.2M, and assets of $6.0M (revenue -79.7% year-over-year).
  • 2019: Revenue of $2.3M, expenses of $3.2M, and assets of $6.7M (revenue +3214.0% year-over-year).
  • 2015: Revenue of $69K, expenses of $57K, and assets of $8.5M (revenue -82.7% year-over-year).
  • 2014: Revenue of $399K, expenses of $510K, and assets of $8.4M (revenue -75.9% year-over-year).
  • 2013: Revenue of $1.7M, expenses of $646K, and assets of $8.6M (revenue +94.1% year-over-year).
  • 2012: Revenue of $854K, expenses of $860K, and assets of $7.5M (revenue +701.5% year-over-year).
  • 2011: Revenue of $107K, expenses of $427K, and assets of $7.6M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Pfeil Foundation Inc:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Pfeil 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.

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