Plass Charitable Foundation
Plass Charitable Foundation consistently spends more than it earns, drawing on its stable $2.2M+ asset base.
EIN: 203705169 · Saint Louis, MO · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $912K |
| Total Expenses | $170K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2.2 |
| Net Assets | $2.2M |
| Transparency Score | 85/100 |
Is Plass Charitable Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Plass Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Plass Charitable Foundation
Plass Charitable Foundation (EIN: 203705169) is a nonprofit organization based in Saint Louis, MO, classified under NTEE code P20. The organization reported total revenue of $912K and total assets of $2.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Plass Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Plass Charitable Foundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $105K |
| Total Expenses | $170K |
| Surplus / Deficit | $-64,829 |
| Total Assets | $2.2M |
| Total Liabilities | $6K |
| Net Assets | $2.2M |
| Operating Margin | -61.8% |
| Debt-to-Asset Ratio | 0.3% |
| Months of Reserves | 159.1 months |
Financial Health Grade: B
In 2023, Plass Charitable Foundation reported a deficit of $65K with expenses exceeding revenue, holds 159.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.3% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Plass Charitable Foundation's revenue has declined at a compound annual growth rate (CAGR) of -3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.6% | -1.8% | -2.6% |
| 2022 | -55.6% | +10.3% | -3.0% |
| 2021 | +37.5% | +5.1% | +3.4% |
| 2020 | +39.2% | -2.1% | +1.0% |
| 2019 | +711.8% | +2.6% | -3.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Plass Charitable Foundation with a Mission Score of 85 out of 100 (Excellent). 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, Plass Charitable 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $65K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.3%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that officers are likely uncompensated or volunteer, which is a positive for resource allocation given the foundation's asset size of over $2.2 million.
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 Plass Charitable Foundation's IRS 990 filings:
- Consistent expenses exceeding revenue, potentially drawing down principal over time if not replenished.
Strengths
The following positive indicators were identified for Plass Charitable Foundation:
- Stable and substantial asset base (over $2.2 million) providing long-term financial security.
- Consistent 0% officer compensation, indicating efficient use of funds for mission-related activities.
- Very low liabilities ($1 in most years), demonstrating strong financial health and minimal debt.
- Consistent IRS 990 filing history, indicating good transparency and compliance.
Frequently Asked Questions about Plass Charitable Foundation
Is Plass Charitable Foundation a legitimate charity?
Plass Charitable Foundation (EIN: 203705169) is a registered tax-exempt nonprofit based in Missouri. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $912K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Plass Charitable Foundation spend its money?
Plass Charitable Foundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Plass Charitable Foundation tax-deductible?
Plass Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 203705169). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Plass Charitable Foundation CEO make?
Plass Charitable Foundation's highest-compensated officer earns $2.2 annually. The organization reported $912K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Plass Charitable Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Plass Charitable Foundation is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Plass Charitable Foundation located?
Plass Charitable Foundation is headquartered in Saint Louis, Missouri and files with the IRS under EIN 203705169. It is classified under NTEE code P20.
How many years of IRS 990 filings does Plass Charitable Foundation have?
Plass Charitable 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 $912K in total revenue.
How does the foundation sustain its operations given consistent expense over revenue?
The foundation appears to sustain operations by drawing from its substantial asset base, which has consistently been over $2.2 million. This is a common practice for private foundations that distribute grants from their endowment.
What are the specific program areas or grantees supported by the foundation?
The provided data does not detail specific program areas or grantees. Further analysis of the full IRS Form 990-PF would be required to identify the beneficiaries of its grantmaking activities.
Are there plans to increase revenue to match or exceed expenses in the future?
The provided financial summaries do not indicate future revenue strategies. The consistent pattern of expenses exceeding revenue suggests a deliberate strategy of distributing funds from the endowment, rather than a focus on generating new revenue to cover annual expenses.
Filing History
IRS 990 filing history for Plass Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Plass Charitable Foundation's revenue has declined by 32%, moving from $154K to $105K. Total assets increased by 5.8% over the same period, from $2.1M to $2.2M. Total functional expenses fell by 3.9%, from $177K to $170K. In its most recent filing year (2023), Plass Charitable Foundation reported a deficit of $65K, with expenses exceeding revenue. The organization holds $6K in liabilities against $2.2M in assets (debt-to-asset ratio: 0.3%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $105K | $170K | $2.2M | $6K | — | View 990 |
| 2022 | $105K | $173K | $2.3M | $1 | — | View 990 |
| 2021 | $238K | $157K | $2.4M | $1 | — | View 990 |
| 2020 | $173K | $149K | $2.3M | $1 | — | View 990 |
| 2019 | $124K | $152K | $2.3M | $1 | — | View 990 |
| 2015 | $15K | $148K | $2.4M | $1 | — | View 990 |
| 2014 | $657K | $138K | $2.5M | $1 | — | View 990 |
| 2013 | $72K | $107K | $2.0M | $1 | — | View 990 |
| 2012 | $76K | $168K | $2.0M | $1 | — | View 990 |
| 2011 | $154K | $177K | $2.1M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $105K, expenses of $170K, and assets of $2.2M (revenue -0.6% year-over-year).
- 2022: Revenue of $105K, expenses of $173K, and assets of $2.3M (revenue -55.6% year-over-year).
- 2021: Revenue of $238K, expenses of $157K, and assets of $2.4M (revenue +37.5% year-over-year).
- 2020: Revenue of $173K, expenses of $149K, and assets of $2.3M (revenue +39.2% year-over-year).
- 2019: Revenue of $124K, expenses of $152K, and assets of $2.3M (revenue +711.8% year-over-year).
- 2015: Revenue of $15K, expenses of $148K, and assets of $2.4M (revenue -97.7% year-over-year).
- 2014: Revenue of $657K, expenses of $138K, and assets of $2.5M (revenue +816.3% year-over-year).
- 2013: Revenue of $72K, expenses of $107K, and assets of $2.0M (revenue -5.3% year-over-year).
- 2012: Revenue of $76K, expenses of $168K, and assets of $2.0M (revenue -50.9% year-over-year).
- 2011: Revenue of $154K, expenses of $177K, and assets of $2.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Plass Charitable Foundation:
Data Sources and Methodology
This transparency report for Plass Charitable 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.