Pine Banks Park Foundation
EIN: 43507028 · Malden, MA · NTEE: S11
| Metric | Value |
|---|---|
| Total Revenue | $836K |
| Total Expenses | $677K |
| Net Assets | $1.6M |
Is Pine Banks Park Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pine Banks Park Foundation
Pine Banks Park Foundation (EIN: 43507028) is a nonprofit organization based in Malden, MA, classified under NTEE code S11. The organization reported total revenue of $836K and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pine Banks Park Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pine Banks Park Foundation is a small nonprofit that has been operating for 25 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 2.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $687K |
| Total Expenses | $677K |
| Surplus / Deficit | +$11K |
| Total Assets | $3.0M |
| Total Liabilities | $1.4M |
| Net Assets | $1.6M |
| Operating Margin | 1.5% |
| Debt-to-Asset Ratio | 47.2% |
| Months of Reserves | 52.9 months |
Financial Health Grade: A
In 2023, Pine Banks Park Foundation reported a surplus of $11K with revenue exceeding expenses, holds 52.9 months of operating reserves (strong position), has a debt-to-asset ratio of 47.2% (moderate leverage).
Financial Trends
Over 12 years of filings (2012–2023), Pine Banks Park Foundation's revenue has grown at a compound annual growth rate (CAGR) of 2.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -16.4% | +22.6% | -7.0% |
| 2022 | +38.5% | +16.4% | +38.4% |
| 2021 | +16.9% | +11.1% | -2.2% |
| 2020 | -2.1% | -6.3% | -2.8% |
| 2019 | -8.1% | +10.1% | -3.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Pine Banks Park 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 Pine Banks Park 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 surplus of $11K, with revenue exceeding expenses.
- Debt-to-asset ratio: 47.2%.
Frequently Asked Questions about Pine Banks Park Foundation
Is Pine Banks Park Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Pine Banks Park Foundation (EIN: 43507028) insufficient data. 0 red flags identified, 0 strengths noted.
How does Pine Banks Park Foundation spend its money?
Detailed spending breakdown data is not yet available for Pine Banks Park Foundation. Check back for updated IRS 990 analysis.
Are donations to Pine Banks Park Foundation tax-deductible?
Pine Banks Park Foundation is registered as a tax-exempt nonprofit (EIN: 43507028). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pine Banks Park Foundation located?
Pine Banks Park Foundation is headquartered in Malden, Massachusetts and files with the IRS under EIN 43507028. It is classified under NTEE code S11.
How many years of IRS 990 filings does Pine Banks Park Foundation have?
Pine Banks Park Foundation has 12 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 $836K in total revenue.
Filing History
IRS 990 filing history for Pine Banks Park Foundation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Pine Banks Park Foundation's revenue has grown by 32.9%, moving from $517K to $687K. Total assets increased by 240.2% over the same period, from $877K to $3.0M. Total functional expenses rose by 232.9%, from $203K to $677K. In its most recent filing year (2023), Pine Banks Park Foundation reported a surplus of $11K, with revenue exceeding expenses. The organization holds $1.4M in liabilities against $3.0M in assets (debt-to-asset ratio: 47.2%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $687K | $677K | $3.0M | $1.4M | — | View 990 |
| 2022 | $822K | $552K | $3.2M | $1.6M | — | View 990 |
| 2021 | $594K | $474K | $2.3M | $1.0M | — | View 990 |
| 2020 | $508K | $427K | $2.4M | $1.2M | — | View 990 |
| 2019 | $519K | $456K | $2.4M | $1.3M | — | View 990 |
| 2018 | $565K | $414K | $2.5M | $1.5M | — | View 990 |
| 2017 | $717K | $418K | $2.5M | $1.6M | — | View 990 |
| 2016 | $575K | $293K | $886K | $315K | — | View 990 |
| 2015 | $457K | $276K | $765K | $487K | — | View 990 |
| 2014 | $312K | $289K | $755K | $665K | — | View 990 |
| 2013 | $292K | $145K | $862K | $803K | — | View 990 |
| 2012 | $517K | $203K | $877K | $968K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $687K, expenses of $677K, and assets of $3.0M (revenue -16.4% year-over-year).
- 2022: Revenue of $822K, expenses of $552K, and assets of $3.2M (revenue +38.5% year-over-year).
- 2021: Revenue of $594K, expenses of $474K, and assets of $2.3M (revenue +16.9% year-over-year).
- 2020: Revenue of $508K, expenses of $427K, and assets of $2.4M (revenue -2.1% year-over-year).
- 2019: Revenue of $519K, expenses of $456K, and assets of $2.4M (revenue -8.1% year-over-year).
- 2018: Revenue of $565K, expenses of $414K, and assets of $2.5M (revenue -21.2% year-over-year).
- 2017: Revenue of $717K, expenses of $418K, and assets of $2.5M (revenue +24.8% year-over-year).
- 2016: Revenue of $575K, expenses of $293K, and assets of $886K (revenue +25.7% year-over-year).
- 2015: Revenue of $457K, expenses of $276K, and assets of $765K (revenue +46.4% year-over-year).
- 2014: Revenue of $312K, expenses of $289K, and assets of $755K (revenue +7.0% year-over-year).
- 2013: Revenue of $292K, expenses of $145K, and assets of $862K (revenue -43.6% year-over-year).
- 2012: Revenue of $517K, expenses of $203K, and assets of $877K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pine Banks Park Foundation:
Data Sources and Methodology
This transparency report for Pine Banks Park 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.