Pgei Of America Charitable Foundation Inc
Pgei Of America Charitable Foundation Inc: Declining Assets and Inconsistent Revenue Raise Concerns
EIN: 222857398 · Kenilworth, NJ · NTEE: T70Z · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $350K |
| Total Expenses | $212K |
| Net Assets | $729K |
| Transparency Score | 65/100 |
Is Pgei Of America Charitable Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pgei Of America Charitable Foundation Inc
Pgei Of America Charitable Foundation Inc (EIN: 222857398) is a nonprofit organization based in Kenilworth, NJ, classified under NTEE code T70Z. The organization reported total revenue of $350K and total assets of $745K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pgei Of America Charitable Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pgei Of America Charitable Foundation Inc is a small nonprofit that has been operating for 38 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 3.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $215K |
| Total Expenses | $212K |
| Surplus / Deficit | +$3K |
| Total Assets | $742K |
| Total Liabilities | $13K |
| Net Assets | $729K |
| Operating Margin | 1.5% |
| Debt-to-Asset Ratio | 1.8% |
| Months of Reserves | 42.0 months |
Financial Health Grade: A
In 2023, Pgei Of America Charitable Foundation Inc reported a surplus of $3K with revenue exceeding expenses, holds 42.0 months of operating reserves (strong position), has a debt-to-asset ratio of 1.8% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Pgei Of America Charitable Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 3.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +36.1% | -1.8% | -0.6% |
| 2022 | +161.8% | +64.5% | -5.0% |
| 2021 | -35.4% | +117.6% | -8.3% |
| 2020 | -41.2% | -74.8% | +3.7% |
| 2019 | +11.8% | +29.8% | -8.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1988 |
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 Pgei Of America Charitable Foundation Inc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Pgei Of America Charitable Foundation Inc allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $3K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.8%.
Executive Compensation Analysis
Executive compensation is not reported in the provided filings, which is concerning given the consistent administrative expenses and lack of program spending.
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 Pgei Of America Charitable Foundation Inc's IRS 990 filings:
- Zero reported program service expenses across all years, suggesting no direct charitable impact.
- Consistent net asset decline from $966,115 in 2016 to $742,160 in 2023.
- Total expenses consistently exceed total revenue, indicating an unsustainable financial model.
- Lack of transparency regarding the nature of administrative expenses, which constitute 100% of reported spending.
- The organization's purpose and activities are unclear given the financial data.
Strengths
The following positive indicators were identified for Pgei Of America Charitable Foundation Inc:
- The organization has maintained a consistent level of assets, albeit declining, over several years.
Frequently Asked Questions about Pgei Of America Charitable Foundation Inc
Is Pgei Of America Charitable Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Pgei Of America Charitable Foundation Inc (EIN: 222857398) some concerns. Mission Score: 65/100. 5 red flags identified, 1 strength noted.
How does Pgei Of America Charitable Foundation Inc spend its money?
Detailed spending breakdown data is not yet available for Pgei Of America Charitable Foundation Inc. Check back for updated IRS 990 analysis.
Are donations to Pgei Of America Charitable Foundation Inc tax-deductible?
Pgei Of America Charitable Foundation Inc is registered as a tax-exempt nonprofit (EIN: 222857398). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Pgei Of America Charitable Foundation Inc compare to similar nonprofits?
With a transparency score of 65/100 (Good), Pgei Of America Charitable Foundation Inc is above average for NTEE category T70Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Pgei Of America Charitable Foundation Inc located?
Pgei Of America Charitable Foundation Inc is headquartered in Kenilworth, New Jersey and files with the IRS under EIN 222857398. It is classified under NTEE code T70Z.
How many years of IRS 990 filings does Pgei Of America Charitable Foundation Inc have?
Pgei Of America Charitable Foundation Inc has 14 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 $350K in total revenue.
What does Pgei Of America Charitable Foundation Inc do?
Pgei Of America Charitable Foundation Inc is a nonprofit organization in the Philanthropy, Voluntarism & Grantmaking sector, located in Kenilworth, New Jersey. It is classified under NTEE code T70Z.
How much revenue does Pgei Of America Charitable Foundation Inc have?
Pgei Of America Charitable Foundation Inc reported total revenue of $350,417. Based on 14 IRS 990 filings on record.
What are Pgei Of America Charitable Foundation Inc's total assets?
Pgei Of America Charitable Foundation Inc holds total assets of $745,225 as reported in IRS 990 filings.
Where is Pgei Of America Charitable Foundation Inc located?
Pgei Of America Charitable Foundation Inc is based in Kenilworth, New Jersey.
What is Pgei Of America Charitable Foundation Inc's EIN?
Pgei Of America Charitable Foundation Inc's Employer Identification Number (EIN) is 222857398. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Pgei Of America Charitable Foundation Inc?
Pgei Of America Charitable Foundation Inc is classified under NTEE code T70Z (Philanthropy, Voluntarism & Grantmaking).
Is Pgei Of America Charitable Foundation Inc a registered 501(c)(3)?
Yes, Pgei Of America Charitable Foundation Inc is recognized as a tax-exempt organization by the IRS. EIN: 222857398.
Does Pgei Of America Charitable Foundation Inc file IRS Form 990?
Yes, Pgei Of America Charitable Foundation Inc has 14 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Pgei Of America Charitable Foundation Inc's revenue in 2023?
In the 202312 filing period, Pgei Of America Charitable Foundation Inc reported total revenue of $215,223, total expenses of $211,984, and net assets of $742,160.
Is Pgei Of America Charitable Foundation Inc's revenue growing or declining?
Pgei Of America Charitable Foundation Inc's revenue is growing. Revenue went from $158,167 (202212) to $215,223 (202312), a +36.1% change. Based on 14 filings on record.
What is Pgei Of America Charitable Foundation Inc's most recent 990 filing?
The most recent IRS Form 990 filing for Pgei Of America Charitable Foundation Inc covers tax period 202312. It shows revenue of $215,223, expenses of $211,984, total assets of $742,160, and liabilities of $13,295.
Is Pgei Of America Charitable Foundation Inc a trustworthy charity?
Based on AI analysis of IRS 990 data, Pgei Of America Charitable Foundation Inc shows mixed signals. Mission Score: 65/100 (Good). 5 red flags identified. 1 strength noted.
What are the red flags for Pgei Of America Charitable Foundation Inc?
The following concerns were identified: Zero reported program service expenses across all years, suggesting no direct charitable impact.. Consistent net asset decline from $966,115 in 2016 to $742,160 in 2023.. Total expenses consistently exceed total revenue, indicating an unsustainable financial model.. Lack of transparency regarding the nature of administrative expenses, which constitute 100% of reported spending.. The organization's purpose and activities are unclear given the financial data.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Pgei Of America Charitable Foundation Inc's strengths?
Positive indicators for Pgei Of America Charitable Foundation Inc include: The organization has maintained a consistent level of assets, albeit declining, over several years.. These findings are derived from AI analysis of the organization's financial filings.
How does Pgei Of America Charitable Foundation Inc compensate executives?
Executive compensation is not reported in the provided filings, which is concerning given the consistent administrative expenses and lack of program spending. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given 0% program spending, what is the actual charitable purpose and activity of Pgei Of America Charitable Foundation Inc?
The provided financial data indicates no direct program service expenses, suggesting the organization may not be actively engaged in charitable programs, or its activities are entirely administrative in nature without direct service delivery.
How does the organization sustain itself with consistent revenue shortfalls and declining assets?
The organization appears to be drawing down its existing assets to cover operational costs, as evidenced by the consistent decline in net assets from $966,115 in 2016 to $742,160 in 2023, while expenses frequently exceed revenue.
Filing History
IRS 990 filing history for Pgei Of America Charitable Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Pgei Of America Charitable Foundation Inc's revenue has grown by 61.8%, moving from $133K to $215K. Total assets decreased by 3.4% over the same period, from $768K to $742K. Total functional expenses rose by 375.5%, from $45K to $212K. In its most recent filing year (2023), Pgei Of America Charitable Foundation Inc reported a surplus of $3K, with revenue exceeding expenses. The organization holds $13K in liabilities against $742K in assets (debt-to-asset ratio: 1.8%), resulting in net assets of $729K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $215K | $212K | $742K | $13K | — | — |
| 2022 | $158K | $216K | $746K | $30K | — | View 990 |
| 2021 | $60K | $131K | $786K | $12K | — | View 990 |
| 2020 | $93K | $60K | $857K | $13K | — | View 990 |
| 2019 | $159K | $239K | $827K | $15K | — | View 990 |
| 2018 | $142K | $184K | $908K | $16K | — | View 990 |
| 2017 | $175K | $196K | $943K | $9K | — | View 990 |
| 2016 | $130K | $104K | $966K | $11K | — | View 990 |
| 2015 | $144K | $130K | $935K | $6K | — | View 990 |
| 2014 | $128K | $67K | $922K | $8K | — | View 990 |
| 2013 | $253K | $158K | $860K | $7K | — | View 990 |
| 2012 | $4K | $89K | $916K | $158K | — | View 990 |
| 2011 | $170K | $89K | $848K | $4K | — | View 990 |
| 2010 | $133K | $45K | $768K | $6K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $215K, expenses of $212K, and assets of $742K (revenue +36.1% year-over-year).
- 2022: Revenue of $158K, expenses of $216K, and assets of $746K (revenue +161.8% year-over-year).
- 2021: Revenue of $60K, expenses of $131K, and assets of $786K (revenue -35.4% year-over-year).
- 2020: Revenue of $93K, expenses of $60K, and assets of $857K (revenue -41.2% year-over-year).
- 2019: Revenue of $159K, expenses of $239K, and assets of $827K (revenue +11.8% year-over-year).
- 2018: Revenue of $142K, expenses of $184K, and assets of $908K (revenue -18.6% year-over-year).
- 2017: Revenue of $175K, expenses of $196K, and assets of $943K (revenue +34.2% year-over-year).
- 2016: Revenue of $130K, expenses of $104K, and assets of $966K (revenue -9.9% year-over-year).
- 2015: Revenue of $144K, expenses of $130K, and assets of $935K (revenue +12.8% year-over-year).
- 2014: Revenue of $128K, expenses of $67K, and assets of $922K (revenue -49.5% year-over-year).
- 2013: Revenue of $253K, expenses of $158K, and assets of $860K (revenue +6915.0% year-over-year).
- 2012: Revenue of $4K, expenses of $89K, and assets of $916K (revenue -97.9% year-over-year).
- 2011: Revenue of $170K, expenses of $89K, and assets of $848K (revenue +27.4% year-over-year).
- 2010: Revenue of $133K, expenses of $45K, and assets of $768K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pgei Of America Charitable Foundation Inc:
Data Sources and Methodology
This transparency report for Pgei Of America Charitable 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.