Planet In Peace Foundation
EIN: 274430692 · Taos, NM · NTEE: K20
| Metric | Value |
|---|---|
| Total Revenue | $8K |
| Total Expenses | $9K |
| Net Assets | $0 |
Is Planet In Peace Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Planet In Peace Foundation
Planet In Peace Foundation (EIN: 274430692) is a nonprofit organization based in Taos, NM, classified under NTEE code K20. The organization reported total revenue of $8K and total assets of $78K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Planet In Peace Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Planet In Peace Foundation is a micro nonprofit that has been operating for 15 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $8K |
| Total Expenses | $9K |
| Surplus / Deficit | $-1,303 |
| Total Assets | $1 |
| Total Liabilities | $1 |
| Net Assets | $0 |
| Operating Margin | -16.3% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 0.0 months |
Financial Health Grade: D
In 2023, Planet In Peace Foundation reported a deficit of $1K with expenses exceeding revenue, holds 0.0 months of operating reserves (limited), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 10 years of filings (2011–2023), Planet In Peace Foundation's revenue has grown at a compound annual growth rate (CAGR) of 6.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -33.3% | -31.4% | -100.0% |
| 2022 | -4.0% | +69.4% | -3.0% |
| 2021 | -26.0% | -16.9% | +6.2% |
| 2020 | +35.2% | -21.5% | -1.0% |
| 2019 | +267.6% | +286.4% | +2.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2011 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Planet In Peace 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 Planet In Peace 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 $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 100.0%.
Frequently Asked Questions about Planet In Peace Foundation
Is Planet In Peace Foundation a legitimate charity?
Planet In Peace Foundation (EIN: 274430692) is a registered tax-exempt nonprofit based in New Mexico. It has 10 years of IRS 990 filings on record. Total revenue: $8K. No red flags identified. Financial health grade: D.
How does Planet In Peace Foundation spend its money?
Planet In Peace Foundation reported $8K in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Planet In Peace Foundation tax-deductible?
Planet In Peace Foundation is registered as a tax-exempt nonprofit (EIN: 274430692). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Planet In Peace Foundation located?
Planet In Peace Foundation is headquartered in Taos, New Mexico and files with the IRS under EIN 274430692. It is classified under NTEE code K20.
How many years of IRS 990 filings does Planet In Peace Foundation have?
Planet In Peace Foundation 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 $8K in total revenue.
Filing History
IRS 990 filing history for Planet In Peace Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Planet In Peace Foundation's revenue has grown by 104.2%, moving from $4K to $8K. Total assets decreased by 100% over the same period, from $72K to $1. Total functional expenses rose by 140.8%, from $4K to $9K. In its most recent filing year (2023), Planet In Peace Foundation reported a deficit of $1K, with expenses exceeding revenue. 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 | $8K | $9K | $1 | $1 | — | — |
| 2022 | $12K | $14K | $75K | $1 | — | View 990 |
| 2021 | $13K | $8K | $77K | $1 | — | — |
| 2020 | $17K | $10K | $73K | $1 | — | — |
| 2019 | $13K | $12K | $74K | $8K | — | — |
| 2015 | $3K | $3K | $72K | $8K | — | View 990 |
| 2014 | $3K | $3K | $72K | $8K | — | View 990 |
| 2013 | $5K | $4K | $72K | $8K | — | View 990 |
| 2012 | $4K | $4K | $100K | $8K | — | View 990 |
| 2011 | $4K | $4K | $72K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $8K, expenses of $9K, and assets of $1 (revenue -33.3% year-over-year).
- 2022: Revenue of $12K, expenses of $14K, and assets of $75K (revenue -4.0% year-over-year).
- 2021: Revenue of $13K, expenses of $8K, and assets of $77K (revenue -26.0% year-over-year).
- 2020: Revenue of $17K, expenses of $10K, and assets of $73K (revenue +35.2% year-over-year).
- 2019: Revenue of $13K, expenses of $12K, and assets of $74K (revenue +267.6% year-over-year).
- 2015: Revenue of $3K, expenses of $3K, and assets of $72K (revenue +21.4% year-over-year).
- 2014: Revenue of $3K, expenses of $3K, and assets of $72K (revenue -38.1% year-over-year).
- 2013: Revenue of $5K, expenses of $4K, and assets of $72K (revenue +11.2% year-over-year).
- 2012: Revenue of $4K, expenses of $4K, and assets of $100K (revenue +3.9% year-over-year).
- 2011: Revenue of $4K, expenses of $4K, and assets of $72K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Planet In Peace Foundation:
Data Sources and Methodology
This transparency report for Planet In Peace 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.