Pleroma Inc
Pleroma Inc. consistently spends more than it earns, drawing down on substantial assets.
EIN: 200622367 · Glen Rose, TX · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.8M |
| Total Expenses | $1.3M |
| Program Spending | 70% |
| CEO/Top Officer Pay | $13 |
| Net Assets | $12.7M |
| Transparency Score | 55/100 |
Is Pleroma Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pleroma Inc directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About Pleroma Inc
Pleroma Inc (EIN: 200622367) is a nonprofit organization based in Glen Rose, TX, classified under NTEE code T22. The organization reported total revenue of $1.8M and total assets of $13.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pleroma Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pleroma Inc is a mid-size nonprofit that has been operating for 22 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 14.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $811K |
| Total Expenses | $1.3M |
| Surplus / Deficit | $-490,164 |
| Total Assets | $13.7M |
| Total Liabilities | $935K |
| Net Assets | $12.7M |
| Operating Margin | -60.5% |
| Debt-to-Asset Ratio | 6.8% |
| Months of Reserves | 126.2 months |
Financial Health Grade: B
In 2023, Pleroma Inc reported a deficit of $490K with expenses exceeding revenue, holds 126.2 months of operating reserves (strong position), has a debt-to-asset ratio of 6.8% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Pleroma Inc's revenue has grown at a compound annual growth rate (CAGR) of 14.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.8% | -3.3% | -3.5% |
| 2022 | -26.0% | -9.1% | -4.1% |
| 2021 | +150.2% | +19.6% | +8.4% |
| 2020 | -76.1% | -0.6% | -8.6% |
| 2019 | +157.3% | +235.3% | +7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 Pleroma Inc with a Mission Score of 55 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: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, Pleroma Inc allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $490K, with expenses exceeding revenue.
- Debt-to-asset ratio: 6.8%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization with assets exceeding $13 million and annual expenses over $1 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 Pleroma Inc's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue) in recent years (e.g., 2021-2023).
- Significant increase in liabilities from $0 to over $900,000 in recent filings.
- Unusually high asset base relative to fluctuating and often low annual revenue.
Strengths
The following positive indicators were identified for Pleroma Inc:
- No reported officer compensation, indicating a potential commitment to minimizing executive overhead.
- Substantial asset base of over $13 million provides a buffer against immediate financial instability.
Frequently Asked Questions about Pleroma Inc
Is Pleroma Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Pleroma Inc (EIN: 200622367) some concerns. Mission Score: 55/100. 3 red flags identified, 2 strengths noted.
How does Pleroma Inc spend its money?
Pleroma Inc directs 70% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Pleroma Inc tax-deductible?
Pleroma Inc is registered as a tax-exempt nonprofit (EIN: 200622367). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Pleroma Inc CEO make?
Pleroma Inc's highest-compensated officer earns $13 annually. The organization reported $1.8M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Pleroma Inc's spending goes to programs?
Pleroma Inc directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does Pleroma Inc compare to similar nonprofits?
With a transparency score of 55/100 (Fair), Pleroma Inc is near average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Pleroma Inc located?
Pleroma Inc is headquartered in Glen Rose, Texas and files with the IRS under EIN 200622367. It is classified under NTEE code T22.
How many years of IRS 990 filings does Pleroma Inc have?
Pleroma 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 $1.8M in total revenue.
How does Pleroma Inc. sustain its operations with consistent revenue deficits?
Pleroma Inc. appears to be sustaining its operations by drawing down on its significant asset base, as evidenced by consistent expenses exceeding revenue in recent years (e.g., $1.3M expenses vs. $0.8M revenue in 2023) while assets remain high.
What is the nature of the liabilities reported in recent years?
The filings show liabilities of $935,207 in 2021, 2022, and 2023, which were previously $0 or $1 in earlier periods. Understanding the nature of these liabilities is crucial for assessing financial risk.
What is the long-term strategy for addressing the recurring operational deficits?
With expenses consistently higher than revenue (e.g., $1,300,702 expenses vs. $810,538 revenue in 2023), Pleroma Inc. needs a clear strategy to either increase income or reduce spending to achieve financial sustainability.
Filing History
IRS 990 filing history for Pleroma Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Pleroma Inc's revenue has grown by 390%, moving from $165K to $811K. Total assets decreased by 3.6% over the same period, from $14.2M to $13.7M. Total functional expenses rose by 30.9%, from $994K to $1.3M. In its most recent filing year (2023), Pleroma Inc reported a deficit of $490K, with expenses exceeding revenue. The organization holds $935K in liabilities against $13.7M in assets (debt-to-asset ratio: 6.8%), resulting in net assets of $12.7M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $811K | $1.3M | $13.7M | $935K | — | — |
| 2022 | $745K | $1.3M | $14.2M | $935K | — | View 990 |
| 2021 | $1.0M | $1.5M | $14.8M | $935K | — | View 990 |
| 2020 | $403K | $1.2M | $13.6M | $1 | — | View 990 |
| 2019 | $1.7M | $1.2M | $14.9M | $0 | — | View 990 |
| 2015 | $655K | $371K | $13.9M | $0 | — | View 990 |
| 2014 | $1.2M | $788K | $13.6M | $0 | — | View 990 |
| 2013 | $-102,145 | $1.1M | $13.2M | $0 | — | View 990 |
| 2012 | $952K | $612K | $13.2M | $0 | — | View 990 |
| 2011 | $165K | $994K | $14.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $811K, expenses of $1.3M, and assets of $13.7M (revenue +8.8% year-over-year).
- 2022: Revenue of $745K, expenses of $1.3M, and assets of $14.2M (revenue -26.0% year-over-year).
- 2021: Revenue of $1.0M, expenses of $1.5M, and assets of $14.8M (revenue +150.2% year-over-year).
- 2020: Revenue of $403K, expenses of $1.2M, and assets of $13.6M (revenue -76.1% year-over-year).
- 2019: Revenue of $1.7M, expenses of $1.2M, and assets of $14.9M (revenue +157.3% year-over-year).
- 2015: Revenue of $655K, expenses of $371K, and assets of $13.9M (revenue -46.2% year-over-year).
- 2014: Revenue of $1.2M, expenses of $788K, and assets of $13.6M.
- 2013: Revenue of $-102,145, expenses of $1.1M, and assets of $13.2M (revenue -110.7% year-over-year).
- 2012: Revenue of $952K, expenses of $612K, and assets of $13.2M (revenue +475.7% year-over-year).
- 2011: Revenue of $165K, expenses of $994K, and assets of $14.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pleroma Inc:
Data Sources and Methodology
This transparency report for Pleroma 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.