Planet A Transcendence Inc
Planet A Transcendence Inc consistently reports minimal financial activity with $1 in revenue and assets for most recent years.
EIN: 20533599 · Lamy, NM · NTEE: U30 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1 |
| Program Spending | 100% |
| Net Assets | $0 |
| Transparency Score | 40/100 |
Is Planet A Transcendence Inc Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Planet A Transcendence Inc directs 100% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Planet A Transcendence Inc
Planet A Transcendence Inc (EIN: 20533599) is a nonprofit organization based in Lamy, NM, classified under NTEE code U30. The organization reported total revenue of $1 and total assets of $1 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Planet A Transcendence Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Planet A Transcendence Inc is a micro nonprofit that has been operating for 24 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -51.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1 |
| Total Expenses | $0 |
| Surplus / Deficit | +$1 |
| Total Assets | $1 |
| Total Liabilities | $1 |
| Net Assets | $0 |
| Operating Margin | 100.0% |
| Debt-to-Asset Ratio | 100.0% |
Financial Health Grade: B
In 2023, Planet A Transcendence Inc reported a surplus of $1 with revenue exceeding expenses, has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 10 years of filings (2011–2023), Planet A Transcendence Inc's revenue has declined at a compound annual growth rate (CAGR) of -51.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.0% | — | +0.0% |
| 2022 | +0.0% | -100.0% | +0.0% |
| 2021 | +0.0% | — | -100.0% |
| 2020 | +0.0% | — | +489900.0% |
| 2019 | +0.0% | — | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2002 |
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 Planet A Transcendence Inc with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 100%
- fundraising: 0%
According to IRS 990 filings, Planet A Transcendence Inc allocates its expenses as follows: admin: 0%, programs: 100%, fundraising: 0%. With 100% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- Debt-to-asset ratio: 100.0%.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filings, indicating no salaries or other compensation paid to officers, which is appropriate given the organization's minimal financial activity.
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 Planet A Transcendence Inc's IRS 990 filings:
- Consistent reporting of $1 revenue and assets, suggesting potential dormancy or lack of significant activity.
- Discrepancy in 2021 with $4,900 in expenses against only $1 in revenue, without clear funding source.
Strengths
The following positive indicators were identified for Planet A Transcendence Inc:
- No executive compensation reported, indicating efficient use of any funds for administrative salaries.
- Low liabilities reported across most periods, suggesting minimal debt.
Frequently Asked Questions about Planet A Transcendence Inc
Is Planet A Transcendence Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Planet A Transcendence Inc (EIN: 20533599) significant concerns. Mission Score: 40/100. 2 red flags identified, 2 strengths noted.
How does Planet A Transcendence Inc spend its money?
Planet A Transcendence Inc directs 100% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Planet A Transcendence Inc tax-deductible?
Planet A Transcendence Inc is registered as a tax-exempt nonprofit (EIN: 20533599). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Planet A Transcendence Inc compare to similar nonprofits?
With a transparency score of 40/100 (Fair), Planet A Transcendence Inc is near average for NTEE category U30 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Planet A Transcendence Inc located?
Planet A Transcendence Inc is headquartered in Lamy, New Mexico and files with the IRS under EIN 20533599. It is classified under NTEE code U30.
How many years of IRS 990 filings does Planet A Transcendence Inc have?
Planet A Transcendence Inc has 10 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 $1 in total revenue.
What is the actual operational scope of Planet A Transcendence Inc given its $1 revenue and assets?
The consistent reporting of $1 in revenue and assets suggests a very limited or non-existent operational scope, or that the organization is primarily dormant.
Why were expenses $4,900 in 2021 when revenue was only $1?
In 2021, the organization reported $4,900 in expenses against only $1 in revenue. Without further detail, it's unclear how these expenses were covered or what they pertained to, especially given the minimal assets.
Does Planet A Transcendence Inc engage in any significant program activities?
Based on the reported financial data, which shows minimal to no revenue and expenses for most years, it is unlikely the organization is engaging in significant program activities.
Filing History
IRS 990 filing history for Planet A Transcendence Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Planet A Transcendence Inc's revenue has declined by 100%, moving from $6K to $1. Total assets decreased by 100% over the same period, from $6K to $1. The organization holds $1 in liabilities against $1 in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1 | $0 | $1 | $1 | — | — |
| 2022 | $1 | $0 | $1 | $1 | — | View 990 |
| 2021 | $1 | $5K | $1 | $1 | — | View 990 |
| 2020 | $1 | $0 | $5K | $1 | — | — |
| 2019 | $1 | $0 | $1 | $1 | — | View 990 |
| 2015 | $1 | $0 | $5K | $0 | — | View 990 |
| 2014 | $1 | $0 | $1 | $0 | — | View 990 |
| 2013 | $1 | $0 | $1 | $0 | — | View 990 |
| 2012 | $4K | $0 | $4K | $0 | — | View 990 |
| 2011 | $6K | $0 | $6K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2022: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2021: Revenue of $1, expenses of $5K, and assets of $1 (revenue +0.0% year-over-year).
- 2020: Revenue of $1, expenses of $0, and assets of $5K (revenue +0.0% year-over-year).
- 2019: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2015: Revenue of $1, expenses of $0, and assets of $5K (revenue +0.0% year-over-year).
- 2014: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
- 2013: Revenue of $1, expenses of $0, and assets of $1 (revenue -100.0% year-over-year).
- 2012: Revenue of $4K, expenses of $0, and assets of $4K (revenue -33.3% year-over-year).
- 2011: Revenue of $6K, expenses of $0, and assets of $6K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Planet A Transcendence Inc:
Data Sources and Methodology
This transparency report for Planet A Transcendence 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.