Pir2 Peer
EIN: 842723257 · Medway, ME · NTEE: F99
| Metric | Value |
|---|---|
| Total Revenue | $81K |
| Total Expenses | $53K |
| Net Assets | $80K |
Is Pir2 Peer Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pir2 Peer
Pir2 Peer (EIN: 842723257) is a nonprofit organization based in Medway, ME, classified under NTEE code F99. The organization reported total revenue of $81K and total assets of $240K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pir2 Peer's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pir2 Peer is a micro nonprofit that has been operating for 6 years, with 3 years of IRS 990 filings on record (2021–2023). Revenue has grown at a compound annual rate of 45.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $101K |
| Total Expenses | $53K |
| Surplus / Deficit | +$49K |
| Total Assets | $278K |
| Total Liabilities | $198K |
| Net Assets | $80K |
| Operating Margin | 48.2% |
| Debt-to-Asset Ratio | 71.3% |
| Months of Reserves | 63.4 months |
Financial Health Grade: A
In 2023, Pir2 Peer reported a surplus of $49K with revenue exceeding expenses, holds 63.4 months of operating reserves (strong position), has a debt-to-asset ratio of 71.3% (high leverage).
Financial Trends
Over 3 years of filings (2021–2023), Pir2 Peer's revenue has grown at a compound annual growth rate (CAGR) of 45.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -3.8% | -37.9% | +1040.5% |
| 2022 | +120.3% | +82.1% | +274.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2020 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Pir2 Peer 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 Pir2 Peer 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 $49K, with revenue exceeding expenses.
- Debt-to-asset ratio: 71.3%.
Frequently Asked Questions about Pir2 Peer
Is Pir2 Peer a legitimate charity?
Pir2 Peer (EIN: 842723257) is a registered tax-exempt nonprofit based in Maine. It has 3 years of IRS 990 filings on record. Total revenue: $81K. No red flags identified. Financial health grade: A.
How does Pir2 Peer spend its money?
Pir2 Peer reported $81K in total revenue in IRS 990 filings. 3 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Pir2 Peer tax-deductible?
Pir2 Peer is registered as a tax-exempt nonprofit (EIN: 842723257). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pir2 Peer located?
Pir2 Peer is headquartered in Medway, Maine and files with the IRS under EIN 842723257. It is classified under NTEE code F99.
How many years of IRS 990 filings does Pir2 Peer have?
Pir2 Peer 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 $81K in total revenue.
Filing History
IRS 990 filing history for Pir2 Peer showing financial trends over 3 years of public records:
Over 3 years of IRS 990 filings (2021–2023), Pir2 Peer's revenue has grown by 111.9%, moving from $48K to $101K. Total assets increased by 4171% over the same period, from $7K to $278K. Total functional expenses rose by 13%, from $46K to $53K. In its most recent filing year (2023), Pir2 Peer reported a surplus of $49K, with revenue exceeding expenses. The organization holds $198K in liabilities against $278K in assets (debt-to-asset ratio: 71.3%), resulting in net assets of $80K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $101K | $53K | $278K | $198K | — | View 990 |
| 2022 | $105K | $85K | $24K | $248 | — | View 990 |
| 2021 | $48K | $46K | $7K | $3K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $101K, expenses of $53K, and assets of $278K (revenue -3.8% year-over-year).
- 2022: Revenue of $105K, expenses of $85K, and assets of $24K (revenue +120.3% year-over-year).
- 2021: Revenue of $48K, expenses of $46K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pir2 Peer:
Data Sources and Methodology
This transparency report for Pir2 Peer 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.