Phffft Company Inc
Phffft Company Inc experiences significant financial growth and surplus in its latest fiscal year, with no reported officer compensation.
EIN: 133761279 · Seattle, WA · NTEE: A60Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $178K |
| Total Expenses | $203K |
| Program Spending | 80% |
| Net Assets | $282K |
| Transparency Score | 85/100 |
Is Phffft Company Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Phffft Company Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Phffft Company Inc
Phffft Company Inc (EIN: 133761279) is a nonprofit organization based in Seattle, WA, classified under NTEE code A60Z. The organization reported total revenue of $178K and total assets of $274K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Phffft Company Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Phffft Company Inc is a small nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 17.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $404K |
| Total Expenses | $203K |
| Surplus / Deficit | +$201K |
| Total Assets | $290K |
| Total Liabilities | $8K |
| Net Assets | $282K |
| Operating Margin | 49.7% |
| Debt-to-Asset Ratio | 2.7% |
| Months of Reserves | 17.1 months |
Financial Health Grade: A
In 2023, Phffft Company Inc reported a surplus of $201K with revenue exceeding expenses, holds 17.1 months of operating reserves (strong position), has a debt-to-asset ratio of 2.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Phffft Company Inc's revenue has grown at a compound annual growth rate (CAGR) of 17.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +190.5% | +49.2% | +899.6% |
| 2022 | +108.9% | +105.7% | +3.3% |
| 2021 | -67.1% | -63.4% | +9.9% |
| 2020 | +44.0% | +7.5% | +183.7% |
| 2019 | -13.6% | +19.3% | -92.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Phffft Company 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Phffft Company Inc allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. 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 $201K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.7%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no funds are allocated to officer salaries, which is highly favorable for a nonprofit of its size with fluctuating revenues.
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 Phffft Company Inc's IRS 990 filings:
- Inconsistent financial performance in prior years, with several periods of expenses exceeding revenue (e.g., 201905, 201705, 201605, 201405).
Strengths
The following positive indicators were identified for Phffft Company Inc:
- Significant financial surplus in the latest fiscal year (202305), with revenue exceeding expenses by over $200,000.
- Substantial growth in assets, reaching $289,953 in 202305, indicating improved financial reserves.
- Consistent reporting of 0% officer compensation across all filings, demonstrating a strong commitment to directing funds to the mission.
- Long history of IRS 990 filings (13 periods), indicating transparency and compliance.
Frequently Asked Questions about Phffft Company Inc
Is Phffft Company Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Phffft Company Inc (EIN: 133761279) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Phffft Company Inc spend its money?
Phffft Company Inc directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Phffft Company Inc tax-deductible?
Phffft Company Inc is registered as a tax-exempt nonprofit (EIN: 133761279). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Phffft Company Inc's spending goes to programs?
Phffft Company Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Phffft Company Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Phffft Company Inc is above average for NTEE category A60Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Phffft Company Inc located?
Phffft Company Inc is headquartered in Seattle, Washington and files with the IRS under EIN 133761279. It is classified under NTEE code A60Z.
How many years of IRS 990 filings does Phffft Company Inc have?
Phffft Company 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 $178K in total revenue.
Is Phffft Company Inc financially stable?
Based on the 202305 filing, Phffft Company Inc appears to be financially stable, reporting a significant surplus of over $200,000 (Revenue $403,853 - Expenses $203,103) and substantial asset growth to $289,953. However, prior years showed more volatile financial performance.
How has Phffft Company Inc's financial health changed over time?
Phffft Company Inc's financial health has been inconsistent, with periods of deficits (e.g., 201905, 201705) and modest surpluses, but the 202305 period marks a significant positive shift with strong revenue growth and a large surplus.
Does Phffft Company Inc pay its executives?
No, the available IRS 990 data consistently shows 0% officer compensation for Phffft Company Inc across all 13 reported periods, indicating no executive salaries are paid.
What is the trend in Phffft Company Inc's assets?
Phffft Company Inc's assets have shown significant growth, particularly from $29,007 in 202205 to $289,953 in 202305, after generally remaining below $30,000 in earlier years, indicating improved financial reserves.
Filing History
IRS 990 filing history for Phffft Company Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Phffft Company Inc's revenue has grown by 592.2%, moving from $58K to $404K. Total assets increased by 7294.9% over the same period, from $4K to $290K. Total functional expenses rose by 242.1%, from $59K to $203K. In its most recent filing year (2023), Phffft Company Inc reported a surplus of $201K, with revenue exceeding expenses. The organization holds $8K in liabilities against $290K in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $282K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $404K | $203K | $290K | $8K | — | View 990 |
| 2022 | $139K | $136K | $29K | $421 | — | View 990 |
| 2021 | $67K | $66K | $28K | $2K | — | — |
| 2020 | $202K | $181K | $26K | $155 | — | View 990 |
| 2019 | $141K | $168K | $9K | $5K | — | View 990 |
| 2018 | $163K | $141K | $113K | $81K | — | View 990 |
| 2017 | $137K | $143K | $11K | $837 | — | View 990 |
| 2016 | $98K | $109K | $17K | $1K | — | View 990 |
| 2015 | $104K | $92K | $26K | $42 | — | View 990 |
| 2014 | $95K | $109K | $15K | $904 | — | View 990 |
| 2013 | $82K | $59K | $33K | $4K | — | View 990 |
| 2012 | $71K | $69K | $6K | $695 | — | View 990 |
| 2011 | $58K | $59K | $4K | $299 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $404K, expenses of $203K, and assets of $290K (revenue +190.5% year-over-year).
- 2022: Revenue of $139K, expenses of $136K, and assets of $29K (revenue +108.9% year-over-year).
- 2021: Revenue of $67K, expenses of $66K, and assets of $28K (revenue -67.1% year-over-year).
- 2020: Revenue of $202K, expenses of $181K, and assets of $26K (revenue +44.0% year-over-year).
- 2019: Revenue of $141K, expenses of $168K, and assets of $9K (revenue -13.6% year-over-year).
- 2018: Revenue of $163K, expenses of $141K, and assets of $113K (revenue +18.7% year-over-year).
- 2017: Revenue of $137K, expenses of $143K, and assets of $11K (revenue +39.1% year-over-year).
- 2016: Revenue of $98K, expenses of $109K, and assets of $17K (revenue -5.2% year-over-year).
- 2015: Revenue of $104K, expenses of $92K, and assets of $26K (revenue +9.5% year-over-year).
- 2014: Revenue of $95K, expenses of $109K, and assets of $15K (revenue +15.5% year-over-year).
- 2013: Revenue of $82K, expenses of $59K, and assets of $33K (revenue +15.1% year-over-year).
- 2012: Revenue of $71K, expenses of $69K, and assets of $6K (revenue +22.4% year-over-year).
- 2011: Revenue of $58K, expenses of $59K, and assets of $4K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Phffft Company Inc:
Data Sources and Methodology
This transparency report for Phffft Company 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.