Pilipino American Association Of Delaware
EIN: 300233505 · Newark, DE · NTEE: Q20
| Metric | Value |
|---|---|
| Total Revenue | $17K |
| Total Expenses | $13K |
| Net Assets | $39K |
Is Pilipino American Association Of Delaware Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pilipino American Association Of Delaware
Pilipino American Association Of Delaware (EIN: 300233505) is a nonprofit organization based in Newark, DE, classified under NTEE code Q20. The organization reported total revenue of $17K and total assets of $44K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pilipino American Association Of Delaware's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pilipino American Association Of Delaware is a micro nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $13K |
| Total Expenses | $13K |
| Surplus / Deficit | $-44 |
| Total Assets | $41K |
| Total Liabilities | $2K |
| Net Assets | $39K |
| Operating Margin | -0.3% |
| Debt-to-Asset Ratio | 5.0% |
| Months of Reserves | 38.1 months |
Financial Health Grade: B
In 2023, Pilipino American Association Of Delaware reported a deficit of $44 with expenses exceeding revenue, holds 38.1 months of operating reserves (strong position), has a debt-to-asset ratio of 5.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Pilipino American Association Of Delaware's revenue has grown at a compound annual growth rate (CAGR) of 10.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +34.4% | -11.0% | +5.2% |
| 2022 | +4476.7% | +1057.0% | -11.2% |
| 2021 | -84.6% | -51.9% | -2.3% |
| 2020 | -90.2% | -77.8% | -2.7% |
| 2019 | -14.2% | -16.8% | +4.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2004 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Pilipino American Association Of Delaware 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 Pilipino American Association Of Delaware 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 $44, with expenses exceeding revenue.
- Debt-to-asset ratio: 5.0%.
Frequently Asked Questions about Pilipino American Association Of Delaware
Is Pilipino American Association Of Delaware a legitimate charity?
Pilipino American Association Of Delaware (EIN: 300233505) is a registered tax-exempt nonprofit based in Delaware. It has 13 years of IRS 990 filings on record. Total revenue: $17K. No red flags identified. Financial health grade: B.
How does Pilipino American Association Of Delaware spend its money?
Pilipino American Association Of Delaware reported $17K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Pilipino American Association Of Delaware tax-deductible?
Pilipino American Association Of Delaware is registered as a tax-exempt nonprofit (EIN: 300233505). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pilipino American Association Of Delaware located?
Pilipino American Association Of Delaware is headquartered in Newark, Delaware and files with the IRS under EIN 300233505. It is classified under NTEE code Q20.
How many years of IRS 990 filings does Pilipino American Association Of Delaware have?
Pilipino American Association Of Delaware 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 $17K in total revenue.
Filing History
IRS 990 filing history for Pilipino American Association Of Delaware showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pilipino American Association Of Delaware's revenue has grown by 214.2%, moving from $4K to $13K. Total assets increased by 11.8% over the same period, from $37K to $41K. Total functional expenses rose by 922.8%, from $1K to $13K. In its most recent filing year (2023), Pilipino American Association Of Delaware reported a deficit of $44, with expenses exceeding revenue. The organization holds $2K in liabilities against $41K in assets (debt-to-asset ratio: 5.0%), resulting in net assets of $39K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $13K | $13K | $41K | $2K | — | — |
| 2022 | $10K | $15K | $39K | $0 | — | View 990 |
| 2021 | $210 | $1K | $44K | $0 | — | — |
| 2020 | $1K | $3K | $45K | $0 | — | View 990 |
| 2019 | $14K | $12K | $46K | $0 | — | View 990 |
| 2018 | $16K | $14K | $44K | $0 | — | View 990 |
| 2017 | $16K | $20K | $42K | $34 | — | View 990 |
| 2016 | $29K | $22K | $50K | $4K | — | View 990 |
| 2015 | $22K | $22K | $46K | $7K | — | View 990 |
| 2014 | $20K | $19K | $47K | $9K | — | View 990 |
| 2013 | $17K | $17K | $37K | $0 | — | View 990 |
| 2012 | $4K | $4K | $37K | $0 | — | View 990 |
| 2011 | $4K | $1K | $37K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $13K, expenses of $13K, and assets of $41K (revenue +34.4% year-over-year).
- 2022: Revenue of $10K, expenses of $15K, and assets of $39K (revenue +4476.7% year-over-year).
- 2021: Revenue of $210, expenses of $1K, and assets of $44K (revenue -84.6% year-over-year).
- 2020: Revenue of $1K, expenses of $3K, and assets of $45K (revenue -90.2% year-over-year).
- 2019: Revenue of $14K, expenses of $12K, and assets of $46K (revenue -14.2% year-over-year).
- 2018: Revenue of $16K, expenses of $14K, and assets of $44K (revenue -1.8% year-over-year).
- 2017: Revenue of $16K, expenses of $20K, and assets of $42K (revenue -43.7% year-over-year).
- 2016: Revenue of $29K, expenses of $22K, and assets of $50K (revenue +31.7% year-over-year).
- 2015: Revenue of $22K, expenses of $22K, and assets of $46K (revenue +11.7% year-over-year).
- 2014: Revenue of $20K, expenses of $19K, and assets of $47K (revenue +17.5% year-over-year).
- 2013: Revenue of $17K, expenses of $17K, and assets of $37K (revenue +328.4% year-over-year).
- 2012: Revenue of $4K, expenses of $4K, and assets of $37K (revenue -4.0% year-over-year).
- 2011: Revenue of $4K, expenses of $1K, and assets of $37K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pilipino American Association Of Delaware:
Data Sources and Methodology
This transparency report for Pilipino American Association Of Delaware 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.