Picket Fence Foundation
EIN: 862886492 · Chillicothe, IL · NTEE: J30
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $668K |
| Net Assets | $554K |
Is Picket Fence Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Picket Fence Foundation
Picket Fence Foundation (EIN: 862886492) is a nonprofit organization based in Chillicothe, IL, classified under NTEE code J30. The organization reported total revenue of $1.2M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Picket Fence Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Picket Fence Foundation is a mid-size nonprofit that has been operating for 4 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 98.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $667K |
| Total Expenses | $668K |
| Surplus / Deficit | $-893 |
| Total Assets | $1.0M |
| Total Liabilities | $495K |
| Net Assets | $554K |
| Operating Margin | -0.1% |
| Debt-to-Asset Ratio | 47.2% |
| Months of Reserves | 18.9 months |
Financial Health Grade: B
In 2023, Picket Fence Foundation reported a deficit of $893 with expenses exceeding revenue, holds 18.9 months of operating reserves (strong position), has a debt-to-asset ratio of 47.2% (moderate leverage).
Financial Trends
Over 3 years of filings (2021–2023), Picket Fence Foundation's revenue has grown at a compound annual growth rate (CAGR) of 98.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.6% | +15.9% | -1.6% |
| 2022 | +410.9% | +236.9% | +32.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2022 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Picket Fence Foundation 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 Picket Fence Foundation 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $893, with expenses exceeding revenue.
- Debt-to-asset ratio: 47.2%.
Frequently Asked Questions about Picket Fence Foundation
Is Picket Fence Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Picket Fence Foundation (EIN: 862886492) insufficient data. 0 red flags identified, 0 strengths noted.
How does Picket Fence Foundation spend its money?
Detailed spending breakdown data is not yet available for Picket Fence Foundation. Check back for updated IRS 990 analysis.
Are donations to Picket Fence Foundation tax-deductible?
Picket Fence Foundation is registered as a tax-exempt nonprofit (EIN: 862886492). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Picket Fence Foundation located?
Picket Fence Foundation is headquartered in Chillicothe, Illinois and files with the IRS under EIN 862886492. It is classified under NTEE code J30.
How many years of IRS 990 filings does Picket Fence Foundation have?
Picket Fence Foundation has 3 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1.2M in total revenue.
Filing History
IRS 990 filing history for Picket Fence Foundation showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Picket Fence Foundation's revenue has grown by 295.5%, moving from $169K to $667K. Total assets increased by 29.8% over the same period, from $809K to $1.0M. Total functional expenses rose by 290.4%, from $171K to $668K. In its most recent filing year (2023), Picket Fence Foundation reported a deficit of $893, with expenses exceeding revenue. The organization holds $495K in liabilities against $1.0M in assets (debt-to-asset ratio: 47.2%), resulting in net assets of $554K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $667K | $668K | $1.0M | $495K | — | View 990 |
| 2022 | $862K | $577K | $1.1M | $512K | — | — |
| 2021 | $169K | $171K | $809K | $538K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $667K, expenses of $668K, and assets of $1.0M (revenue -22.6% year-over-year).
- 2022: Revenue of $862K, expenses of $577K, and assets of $1.1M (revenue +410.9% year-over-year).
- 2021: Revenue of $169K, expenses of $171K, and assets of $809K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Picket Fence Foundation:
Data Sources and Methodology
This transparency report for Picket Fence Foundation 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.