Pleasants Community Foundation Inc

Pleasants Community Foundation Inc shows consistent asset growth and no reported officer compensation across all filings.

EIN: 141917606 · Saint Marys, WV · NTEE: T31 · Updated: 2026-03-28

$3.5MRevenue

$6.3MAssets

90/100Mission Score (Excellent)

T31

About Pleasants Community Foundation Inc

Pleasants Community Foundation Inc (EIN: 141917606) is a nonprofit organization based in Saint Marys, WV, classified under NTEE code T31. The organization reported total revenue of $3.5M and total assets of $6.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pleasants Community Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Pleasants Community Foundation Inc demonstrates strong financial health and a clear commitment to its mission, as evidenced by its consistent growth in assets and revenue over the past decade. In the latest filing period (202312), the organization reported revenue of $1,783,136 against expenses of $300,573, indicating a significant surplus that contributes to its growing asset base of $5,116,674. This substantial difference between revenue and expenses suggests efficient management and a focus on building long-term capacity to support its community initiatives.

The foundation's spending efficiency appears robust, with expenses consistently well below revenue, allowing for asset accumulation. While specific program spending percentages are not detailed in the provided summary, the overall low expense ratio relative to revenue implies that a significant portion of funds is either retained for future programs or directly allocated to community support. The absence of reported officer compensation across all filings is a notable indicator of transparency and a volunteer-driven leadership model, which further enhances its financial efficiency and trustworthiness.

Overall, the Pleasants Community Foundation Inc exhibits a healthy financial trajectory, characterized by responsible asset growth and a lean operational structure. The consistent lack of officer compensation is a strong positive signal regarding its dedication to maximizing resources for community benefit. Its financial stability and growth position it well to continue serving the Saint Marys, WV community effectively.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Pleasants Community Foundation Inc with a Mission Score of 90 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: 85%
fundraising: 5%

According to IRS 990 filings, Pleasants Community Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all available filings, indicating a volunteer-led executive structure or that compensation falls below reporting thresholds, which is highly favorable for resource allocation to its mission.

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.

Strengths

The following positive indicators were identified for Pleasants Community Foundation Inc:

Consistent and significant asset growth, from $2,408,365 in 201512 to $5,116,674 in 202312.
No reported officer compensation across all 13 filings, indicating high efficiency and volunteer leadership.
Strong financial health with revenue consistently exceeding expenses, leading to substantial surpluses.
Low liabilities relative to assets, suggesting a stable financial position (e.g., $1,461 liabilities vs. $5,116,674 assets in 202312).
Significant increase in revenue in the latest period (202312) to $1,783,136, demonstrating growing support.

Frequently Asked Questions about Pleasants Community Foundation Inc

Is Pleasants Community Foundation Inc a good charity?

Based on the provided data, the foundation appears to be a very good charity. It demonstrates strong financial health, consistent asset growth, and a notable commitment to efficiency with no reported officer compensation.

How has the organization's revenue grown over time?

The organization has shown significant revenue growth, increasing from $196,614 in 201612 to $1,783,136 in 202312, indicating expanding support and capacity.

What is the trend in the organization's assets?

Assets have consistently grown, from $2,570,957 in 201612 to $5,116,674 in 202312, reflecting strong financial management and accumulation of resources.

Filing History

IRS 990 filing history for Pleasants Community Foundation Inc showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Pleasants Community Foundation Inc's revenue has grown by 674.5%, moving from $230K to $1.8M. Total assets increased by 201.2% over the same period, from $1.7M to $5.1M. Total functional expenses fell by 7.1%, from $323K to $301K. In its most recent filing year (2023), Pleasants Community Foundation Inc reported a surplus of $1.5M, with revenue exceeding expenses. The organization holds $1K in liabilities against $5.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.1M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$1.8M	$301K	$5.1M	$1K	—	—
2022	$617K	$189K	$3.1M	$1K	—	View 990
2021	$477K	$210K	$3.6M	$1K	—	View 990
2020	$401K	$195K	$3.2M	$1K	—	View 990
2019	$287K	$194K	$3.2M	$2K	—	View 990
2018	$281K	$180K	$2.7M	$1K	—	View 990
2017	$251K	$205K	$2.9M	$1K	—	View 990
2016	$197K	$163K	$2.6M	$1K	—	View 990
2015	$257K	$143K	$2.4M	$0	—	View 990
2014	$334K	$135K	$2.3M	$0	—	View 990
2013	$192K	$102K	$2.0M	$0	—	View 990
2012	$179K	$99K	$1.8M	$0	—	View 990
2011	$230K	$323K	$1.7M	$0	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $1.8M, expenses of $301K, and assets of $5.1M (revenue +188.8% year-over-year).
2022: Revenue of $617K, expenses of $189K, and assets of $3.1M (revenue +29.5% year-over-year).
2021: Revenue of $477K, expenses of $210K, and assets of $3.6M (revenue +18.8% year-over-year).
2020: Revenue of $401K, expenses of $195K, and assets of $3.2M (revenue +39.9% year-over-year).
2019: Revenue of $287K, expenses of $194K, and assets of $3.2M (revenue +2.3% year-over-year).
2018: Revenue of $281K, expenses of $180K, and assets of $2.7M (revenue +11.9% year-over-year).
2017: Revenue of $251K, expenses of $205K, and assets of $2.9M (revenue +27.5% year-over-year).
2016: Revenue of $197K, expenses of $163K, and assets of $2.6M (revenue -23.4% year-over-year).
2015: Revenue of $257K, expenses of $143K, and assets of $2.4M (revenue -23.1% year-over-year).
2014: Revenue of $334K, expenses of $135K, and assets of $2.3M (revenue +73.5% year-over-year).
2013: Revenue of $192K, expenses of $102K, and assets of $2.0M (revenue +7.3% year-over-year).
2012: Revenue of $179K, expenses of $99K, and assets of $1.8M (revenue -22.1% year-over-year).
2011: Revenue of $230K, expenses of $323K, and assets of $1.7M.

Data Sources and Methodology

This transparency report for Pleasants Community Foundation 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.