Pine Tree Foundation
Pine Tree Foundation: Declining Revenue, Stable Assets, and High Administrative Costs
EIN: 222751187 · Gladwyne, PA · Updated: 2026-04-04
About Pine Tree Foundation
Pine Tree Foundation (EIN: 222751187) is a nonprofit organization based in Gladwyne, PA. The organization reported total revenue of $6.5M and total assets of $20.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pine Tree Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Pine Tree Foundation 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: 35%
- programs: 45%
- fundraising: 20%
According to IRS 990 filings, Pine Tree Foundation allocates its expenses as follows: admin: 35%, programs: 45%, fundraising: 20%. Only 45% is directed toward programs, which may warrant further investigation by donors.
Executive Compensation Analysis
The organization consistently reports $0 in compensation for officers, directors, trustees, and key employees across all available filings, which is unusual for an organization with significant assets and expenses.
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 Pine Tree Foundation's IRS 990 filings:
- Significant revenue volatility, including a negative revenue of -$1,192,268 in 2020.
- High administrative expenses relative to program spending, especially given the reported $0 executive compensation.
- Lack of detailed program descriptions in available data makes it difficult to assess impact.
Strengths
The following positive indicators were identified for Pine Tree Foundation:
- Consistent asset base over several years, indicating financial stability despite revenue fluctuations.
- Low liabilities reported across all years, suggesting good financial management of debt.
- Long operational history with filings dating back to 2012.
Frequently Asked Questions about Pine Tree Foundation
What does Pine Tree Foundation do?
Pine Tree Foundation is a nonprofit organization in the Unknown sector, located in Gladwyne, Pennsylvania. It is classified under NTEE code Unknown.
How much revenue does Pine Tree Foundation have?
Pine Tree Foundation reported total revenue of $6,481,423. Based on 9 IRS 990 filings on record.
What are Pine Tree Foundation's total assets?
Pine Tree Foundation holds total assets of $20,509,642 as reported in IRS 990 filings.
Where is Pine Tree Foundation located?
Pine Tree Foundation is based in Gladwyne, Pennsylvania.
What is Pine Tree Foundation's EIN?
Pine Tree Foundation's Employer Identification Number (EIN) is 222751187. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Pine Tree Foundation?
Pine Tree Foundation is classified under NTEE code Unknown (Unknown).
Is Pine Tree Foundation a registered 501(c)(3)?
Pine Tree Foundation appears in IRS records (EIN: 222751187). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Pine Tree Foundation file IRS Form 990?
Yes, Pine Tree Foundation has 9 IRS Form 990 filings on record. The most recent covers tax period 202307.
What was Pine Tree Foundation's revenue in 2023?
In the 202307 filing period, Pine Tree Foundation reported total revenue of $1,311,180, total expenses of $1,217,296, and net assets of $19,973,120.
Is Pine Tree Foundation's revenue growing or declining?
Pine Tree Foundation's revenue is declining. Revenue went from $2,780,320 (202207) to $1,311,180 (202307), a -52.8% change. Based on 9 filings on record.
What is Pine Tree Foundation's most recent 990 filing?
The most recent IRS Form 990 filing for Pine Tree Foundation covers tax period 202307. It shows revenue of $1,311,180, expenses of $1,217,296, total assets of $19,973,120, and liabilities of $90.
How much does Pine Tree Foundation spend on programs vs administration?
Based on IRS 990 analysis, Pine Tree Foundation allocates approximately 45% of expenses to program services, 35% to administrative costs, and 20% to fundraising. Overhead costs appear high relative to program spending.
Is Pine Tree Foundation a trustworthy charity?
Based on AI analysis of IRS 990 data, Pine Tree Foundation shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Pine Tree Foundation?
The following concerns were identified: Significant revenue volatility, including a negative revenue of -$1,192,268 in 2020.. High administrative expenses relative to program spending, especially given the reported $0 executive compensation.. Lack of detailed program descriptions in available data makes it difficult to assess impact.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Pine Tree Foundation's strengths?
Positive indicators for Pine Tree Foundation include: Consistent asset base over several years, indicating financial stability despite revenue fluctuations.. Low liabilities reported across all years, suggesting good financial management of debt.. Long operational history with filings dating back to 2012.. These findings are derived from AI analysis of the organization's financial filings.
How does Pine Tree Foundation compensate executives?
The organization consistently reports $0 in compensation for officers, directors, trustees, and key employees across all available filings, which is unusual for an organization with significant assets and expenses. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the reported $0 executive compensation, how are the administrative functions of the Pine Tree Foundation managed and funded?
The consistent reporting of $0 for executive compensation suggests that administrative roles might be filled by volunteers, or compensated through non-reportable means, or that the foundation primarily operates as a grant-making entity with minimal internal staffing. Further investigation into their operational model would be necessary.
What caused the significant revenue decline and negative revenue reported in 2020, and how did the foundation manage to maintain its asset base despite this?
The data shows a revenue of -$1,192,268 in 2020. This could be due to significant investment losses or a large return of funds. The foundation likely maintained its asset base by drawing from its substantial existing assets or through other non-revenue generating financial activities not detailed in the provided summary.
Filing History
IRS 990 filing history for Pine Tree Foundation showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Pine Tree Foundation's revenue has grown by 26.6%, moving from $1.0M to $1.3M. Total assets decreased by 28.4% over the same period, from $27.9M to $20.0M. Total functional expenses fell by 43.2%, from $2.1M to $1.2M. In its most recent filing year (2023), Pine Tree Foundation reported a surplus of $94K, with revenue exceeding expenses. The organization holds $90 in liabilities against $20.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $20.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.2M | $20.0M | $90 | — | View 990 |
| 2022 | $2.8M | $1.3M | $19.9M | $22K | — | View 990 |
| 2021 | $163K | $1.0M | $19.0M | $1 | — | — |
| 2020 | $-1,192,268 | $1.1M | $19.9M | $1K | — | — |
| 2015 | $3.1M | $1.7M | $27.7M | $34K | — | View 990 |
| 2014 | $1.7M | $1.6M | $26.4M | $22K | — | View 990 |
| 2013 | $754K | $1.9M | $26.3M | $1 | — | View 990 |
| 2012 | $1.5M | $2.0M | $27.4M | $5K | — | View 990 |
| 2011 | $1.0M | $2.1M | $27.9M | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.2M, and assets of $20.0M (revenue -52.8% year-over-year).
- 2022: Revenue of $2.8M, expenses of $1.3M, and assets of $19.9M (revenue +1609.5% year-over-year).
- 2021: Revenue of $163K, expenses of $1.0M, and assets of $19.0M.
- 2020: Revenue of $-1,192,268, expenses of $1.1M, and assets of $19.9M (revenue -138.5% year-over-year).
- 2015: Revenue of $3.1M, expenses of $1.7M, and assets of $27.7M (revenue +80.5% year-over-year).
- 2014: Revenue of $1.7M, expenses of $1.6M, and assets of $26.4M (revenue +127.4% year-over-year).
- 2013: Revenue of $754K, expenses of $1.9M, and assets of $26.3M (revenue -50.0% year-over-year).
- 2012: Revenue of $1.5M, expenses of $2.0M, and assets of $27.4M (revenue +45.6% year-over-year).
- 2011: Revenue of $1.0M, expenses of $2.1M, and assets of $27.9M.
Data Sources and Methodology
This transparency report for Pine Tree 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.