Pioneer61 Inc
EIN: 453846666 · Duncanville, AL · NTEE: Q33
| Metric | Value |
|---|---|
| Total Revenue | $380K |
| Total Expenses | $481K |
| Net Assets | $184K |
Is Pioneer61 Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pioneer61 Inc
Pioneer61 Inc (EIN: 453846666) is a nonprofit organization based in Duncanville, AL, classified under NTEE code Q33. The organization reported total revenue of $380K and total assets of $111K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pioneer61 Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pioneer61 Inc is a small nonprofit that has been operating for 11 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 20.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $543K |
| Total Expenses | $481K |
| Surplus / Deficit | +$62K |
| Total Assets | $185K |
| Total Liabilities | $1K |
| Net Assets | $184K |
| Operating Margin | 11.5% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 4.6 months |
Financial Health Grade: A
In 2023, Pioneer61 Inc reported a surplus of $62K with revenue exceeding expenses, holds 4.6 months of operating reserves (adequate), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Pioneer61 Inc's revenue has grown at a compound annual growth rate (CAGR) of 20.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.4% | +13.3% | +49.5% |
| 2022 | +4.7% | +22.6% | -9.8% |
| 2021 | +18.6% | +3.2% | +21.0% |
| 2020 | -33.3% | -14.3% | -11.4% |
| 2019 | +17.0% | -6.4% | +618.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Pioneer61 Inc 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 Pioneer61 Inc 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 $62K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.7%.
Frequently Asked Questions about Pioneer61 Inc
Is Pioneer61 Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Pioneer61 Inc (EIN: 453846666) insufficient data. 0 red flags identified, 0 strengths noted.
How does Pioneer61 Inc spend its money?
Detailed spending breakdown data is not yet available for Pioneer61 Inc. Check back for updated IRS 990 analysis.
Are donations to Pioneer61 Inc tax-deductible?
Pioneer61 Inc is registered as a tax-exempt nonprofit (EIN: 453846666). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pioneer61 Inc located?
Pioneer61 Inc is headquartered in Duncanville, Alabama and files with the IRS under EIN 453846666. It is classified under NTEE code Q33.
How many years of IRS 990 filings does Pioneer61 Inc have?
Pioneer61 Inc 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 $380K in total revenue.
Filing History
IRS 990 filing history for Pioneer61 Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Pioneer61 Inc's revenue has grown by 701.8%, moving from $68K to $543K. Total assets increased by 2652.3% over the same period, from $7K to $185K. Total functional expenses rose by 688%, from $61K to $481K. In its most recent filing year (2023), Pioneer61 Inc reported a surplus of $62K, with revenue exceeding expenses. The organization holds $1K in liabilities against $185K in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $184K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $543K | $481K | $185K | $1K | — | — |
| 2022 | $410K | $424K | $124K | $2K | — | — |
| 2021 | $392K | $346K | $137K | $2K | — | View 990 |
| 2020 | $330K | $335K | $114K | $24K | — | — |
| 2019 | $495K | $391K | $128K | $34K | — | View 990 |
| 2018 | $423K | $418K | $18K | $28K | — | View 990 |
| 2017 | $408K | $407K | $14K | $29K | — | View 990 |
| 2016 | $306K | $359K | $19K | $34K | — | View 990 |
| 2015 | $277K | $244K | $38K | $0 | — | View 990 |
| 2014 | $228K | $252K | $4K | $0 | — | View 990 |
| 2013 | $314K | $293K | $28K | $0 | — | View 990 |
| 2012 | $68K | $61K | $7K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $543K, expenses of $481K, and assets of $185K (revenue +32.4% year-over-year).
- 2022: Revenue of $410K, expenses of $424K, and assets of $124K (revenue +4.7% year-over-year).
- 2021: Revenue of $392K, expenses of $346K, and assets of $137K (revenue +18.6% year-over-year).
- 2020: Revenue of $330K, expenses of $335K, and assets of $114K (revenue -33.3% year-over-year).
- 2019: Revenue of $495K, expenses of $391K, and assets of $128K (revenue +17.0% year-over-year).
- 2018: Revenue of $423K, expenses of $418K, and assets of $18K (revenue +3.9% year-over-year).
- 2017: Revenue of $408K, expenses of $407K, and assets of $14K (revenue +33.0% year-over-year).
- 2016: Revenue of $306K, expenses of $359K, and assets of $19K (revenue +10.5% year-over-year).
- 2015: Revenue of $277K, expenses of $244K, and assets of $38K (revenue +21.4% year-over-year).
- 2014: Revenue of $228K, expenses of $252K, and assets of $4K (revenue -27.3% year-over-year).
- 2013: Revenue of $314K, expenses of $293K, and assets of $28K (revenue +364.0% year-over-year).
- 2012: Revenue of $68K, expenses of $61K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pioneer61 Inc:
Data Sources and Methodology
This transparency report for Pioneer61 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.