Pittsburgh Penguins Foundation
EIN: 273431123 · Pittsburgh, PA · NTEE: T30
| Metric | Value |
|---|---|
| Total Revenue | $7.6M |
| Total Expenses | $4.1M |
| Net Assets | $783K |
Is Pittsburgh Penguins Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Pittsburgh Penguins Foundation
Pittsburgh Penguins Foundation (EIN: 273431123) is a nonprofit organization based in Pittsburgh, PA, classified under NTEE code T30. The organization reported total revenue of $7.6M and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pittsburgh Penguins Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pittsburgh Penguins Foundation is a mid-size nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 18.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.0M |
| Total Expenses | $4.1M |
| Surplus / Deficit | $-178,780 |
| Total Assets | $2.2M |
| Total Liabilities | $1.4M |
| Net Assets | $783K |
| Operating Margin | -4.5% |
| Debt-to-Asset Ratio | 64.6% |
| Months of Reserves | 6.4 months |
Financial Health Grade: C
In 2023, Pittsburgh Penguins Foundation reported a deficit of $179K with expenses exceeding revenue, holds 6.4 months of operating reserves (strong position), has a debt-to-asset ratio of 64.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Pittsburgh Penguins Foundation's revenue has grown at a compound annual growth rate (CAGR) of 18.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.0% | -20.4% | +51.1% |
| 2022 | +90.9% | +130.6% | -34.3% |
| 2021 | -34.3% | -47.1% | +89.5% |
| 2020 | +10.5% | -22.0% | +44.3% |
| 2019 | -5.3% | +38.4% | -53.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Pittsburgh Penguins 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 Pittsburgh Penguins 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 deficit of $179K, with expenses exceeding revenue.
- Debt-to-asset ratio: 64.6%.
Frequently Asked Questions about Pittsburgh Penguins Foundation
Is Pittsburgh Penguins Foundation a legitimate charity?
Pittsburgh Penguins Foundation (EIN: 273431123) is a registered tax-exempt nonprofit based in Pennsylvania. It has 13 years of IRS 990 filings on record. Total revenue: $7.6M. No red flags identified. Financial health grade: C.
How does Pittsburgh Penguins Foundation spend its money?
Pittsburgh Penguins Foundation reported $7.6M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Pittsburgh Penguins Foundation tax-deductible?
Pittsburgh Penguins Foundation is registered as a tax-exempt nonprofit (EIN: 273431123). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Pittsburgh Penguins Foundation located?
Pittsburgh Penguins Foundation is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 273431123. It is classified under NTEE code T30.
How many years of IRS 990 filings does Pittsburgh Penguins Foundation have?
Pittsburgh Penguins Foundation has 13 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 $7.6M in total revenue.
Filing History
IRS 990 filing history for Pittsburgh Penguins Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Pittsburgh Penguins Foundation's revenue has grown by 665.3%, moving from $517K to $4.0M. Total assets increased by 2365.6% over the same period, from $90K to $2.2M. Total functional expenses rose by 867.5%, from $427K to $4.1M. In its most recent filing year (2023), Pittsburgh Penguins Foundation reported a deficit of $179K, with expenses exceeding revenue. The organization holds $1.4M in liabilities against $2.2M in assets (debt-to-asset ratio: 64.6%), resulting in net assets of $783K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.0M | $4.1M | $2.2M | $1.4M | — | View 990 |
| 2022 | $5.4M | $5.2M | $1.5M | $500K | — | View 990 |
| 2021 | $2.8M | $2.3M | $2.2M | $1.5M | — | View 990 |
| 2020 | $4.3M | $4.3M | $1.2M | $1.0M | — | View 990 |
| 2019 | $3.9M | $5.5M | $814K | $723K | — | View 990 |
| 2018 | $4.1M | $3.9M | $1.8M | $112K | — | View 990 |
| 2017 | $4.1M | $3.8M | $1.9M | $419K | — | View 990 |
| 2016 | $3.7M | $3.6M | $1.9M | $833K | — | View 990 |
| 2015 | $2.6M | $3.7M | $1.2M | $152K | — | View 990 |
| 2014 | $2.7M | $3.5M | $2.7M | $497K | — | View 990 |
| 2013 | $3.4M | $1.8M | $3.2M | $230K | — | View 990 |
| 2012 | $2.2M | $905K | $1.7M | $343K | — | View 990 |
| 2011 | $517K | $427K | $90K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.0M, expenses of $4.1M, and assets of $2.2M (revenue -27.0% year-over-year).
- 2022: Revenue of $5.4M, expenses of $5.2M, and assets of $1.5M (revenue +90.9% year-over-year).
- 2021: Revenue of $2.8M, expenses of $2.3M, and assets of $2.2M (revenue -34.3% year-over-year).
- 2020: Revenue of $4.3M, expenses of $4.3M, and assets of $1.2M (revenue +10.5% year-over-year).
- 2019: Revenue of $3.9M, expenses of $5.5M, and assets of $814K (revenue -5.3% year-over-year).
- 2018: Revenue of $4.1M, expenses of $3.9M, and assets of $1.8M (revenue +0.1% year-over-year).
- 2017: Revenue of $4.1M, expenses of $3.8M, and assets of $1.9M (revenue +11.8% year-over-year).
- 2016: Revenue of $3.7M, expenses of $3.6M, and assets of $1.9M (revenue +41.5% year-over-year).
- 2015: Revenue of $2.6M, expenses of $3.7M, and assets of $1.2M (revenue -2.7% year-over-year).
- 2014: Revenue of $2.7M, expenses of $3.5M, and assets of $2.7M (revenue -20.9% year-over-year).
- 2013: Revenue of $3.4M, expenses of $1.8M, and assets of $3.2M (revenue +52.4% year-over-year).
- 2012: Revenue of $2.2M, expenses of $905K, and assets of $1.7M (revenue +329.6% year-over-year).
- 2011: Revenue of $517K, expenses of $427K, and assets of $90K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pittsburgh Penguins Foundation:
Data Sources and Methodology
This transparency report for Pittsburgh Penguins 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.