Pitts Family Foundation
Pitts Family Foundation operates with minimal revenue and zero officer compensation.
EIN: 202539381 · Baton Rouge, LA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $14K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $13,755. |
| Net Assets | $293 |
| Transparency Score | 75/100 |
Is Pitts Family Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pitts Family Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pitts Family Foundation
Pitts Family Foundation (EIN: 202539381) is a nonprofit organization based in Baton Rouge, LA, classified under NTEE code T20. The organization reported total revenue of $14K and total assets of $4K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pitts Family Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pitts Family Foundation is a micro nonprofit that has been operating for 21 years, with 8 years of IRS 990 filings on record (2011–2021). Revenue has grown at a compound annual rate of -6.7%.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
| Total Revenue | $50 |
| Total Expenses | $0 |
| Surplus / Deficit | +$50 |
| Total Assets | $294 |
| Total Liabilities | $1 |
| Net Assets | $293 |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 0.3% |
Financial Health Grade: A
In 2021, Pitts Family Foundation reported a surplus of $50 with revenue exceeding expenses, has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 8 years of filings (2011–2021), Pitts Family Foundation's revenue has declined at a compound annual growth rate (CAGR) of -6.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2021 | -50.0% | — | +20.5% |
| 2020 | +9900.0% | -100.0% | +69.4% |
| 2019 | -100.0% | -97.2% | -93.6% |
| 2015 | -80.4% | -79.9% | -4.6% |
| 2014 | +7042.9% | +6179.7% | +655.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Pitts Family Foundation with a Mission Score of 75 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Pitts Family Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2021)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that officers are unpaid volunteers. This is highly efficient for an organization of its small size, with latest revenue of $13,755.
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 Pitts Family Foundation's IRS 990 filings:
- Inconsistent and very low revenue, with latest at $13,755, limiting potential impact.
- Expenses occasionally exceed revenue significantly (e.g., 2019: $1 revenue, $545 expenses), which could indicate unsustainable operations without external support or prior reserves.
Strengths
The following positive indicators were identified for Pitts Family Foundation:
- Consistent 0% officer compensation across all filings, indicating high efficiency in leadership costs.
- Consistently low liabilities ($1) across all periods, showing sound financial management regarding debt.
- Regular IRS 990 filings over eight periods demonstrate commitment to transparency.
Frequently Asked Questions about Pitts Family Foundation
Is Pitts Family Foundation a legitimate charity?
Pitts Family Foundation (EIN: 202539381) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 75/100. It has 8 years of IRS 990 filings on record. Total revenue: $14K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Pitts Family Foundation spend its money?
Pitts Family Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Pitts Family Foundation tax-deductible?
Pitts Family Foundation is registered as a tax-exempt nonprofit (EIN: 202539381). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Pitts Family Foundation CEO make?
Pitts Family Foundation's highest-compensated officer earns $13,755. annually. The organization reported $14K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Pitts Family Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), Pitts Family Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Pitts Family Foundation located?
Pitts Family Foundation is headquartered in Baton Rouge, Louisiana and files with the IRS under EIN 202539381. It is classified under NTEE code T20.
How many years of IRS 990 filings does Pitts Family Foundation have?
Pitts Family Foundation has 8 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 $14K in total revenue.
Is Pitts Family Foundation a good charity?
Based on the available data, the Pitts Family Foundation operates with high efficiency regarding executive compensation (0%). Its small scale and consistent low liabilities are positive. However, its impact is likely limited by its very low and fluctuating revenue, with the latest reported at $13,755.
How does the foundation manage its expenses given its low revenue?
The foundation appears to manage expenses by operating with zero officer compensation and likely minimal overhead. In some years, expenses have exceeded revenue (e.g., 2019: $1 revenue, $545 expenses), suggesting reliance on accumulated assets or specific project funding rather than consistent annual income.
What is the primary focus of the Pitts Family Foundation?
Given its NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations), the primary focus of the Pitts Family Foundation is likely grantmaking or supporting other charitable activities, rather than direct service provision.
Filing History
IRS 990 filing history for Pitts Family Foundation showing financial trends over 8 years of public records:
Over 8 years of IRS 990 filings (2011–2021), Pitts Family Foundation's revenue has declined by 50%, moving from $100 to $50. Total assets decreased by 50.8% over the same period, from $598 to $294. Total functional expenses fell by 100%, from $3K to $0. The organization holds $1 in liabilities against $294 in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $293.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2021 | $50 | $0 | $294 | $1 | — | — |
| 2020 | $100 | $0 | $244 | $1 | — | — |
| 2019 | $1 | $545 | $144 | $1 | — | View 990 |
| 2015 | $20K | $20K | $2K | $1 | — | View 990 |
| 2014 | $100K | $98K | $2K | $1 | — | View 990 |
| 2013 | $1K | $2K | $311 | $1 | — | View 990 |
| 2012 | $2K | $2K | $471 | $1 | — | View 990 |
| 2011 | $100 | $3K | $598 | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2021: Revenue of $50, expenses of $0, and assets of $294 (revenue -50.0% year-over-year).
- 2020: Revenue of $100, expenses of $0, and assets of $244 (revenue +9900.0% year-over-year).
- 2019: Revenue of $1, expenses of $545, and assets of $144 (revenue -100.0% year-over-year).
- 2015: Revenue of $20K, expenses of $20K, and assets of $2K (revenue -80.4% year-over-year).
- 2014: Revenue of $100K, expenses of $98K, and assets of $2K (revenue +7042.9% year-over-year).
- 2013: Revenue of $1K, expenses of $2K, and assets of $311 (revenue -6.7% year-over-year).
- 2012: Revenue of $2K, expenses of $2K, and assets of $471 (revenue +1400.0% year-over-year).
- 2011: Revenue of $100, expenses of $3K, and assets of $598.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pitts Family Foundation:
Data Sources and Methodology
This transparency report for Pitts Family 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.