Polish Heritage Center Foundation At Panna Maria
EIN: 460561240 · Panna Maria, TX · NTEE: A82
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $900K |
| Net Assets | $13.2M |
Is Polish Heritage Center Foundation At Panna Maria Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Polish Heritage Center Foundation At Panna Maria
Polish Heritage Center Foundation At Panna Maria (EIN: 460561240) is a nonprofit organization based in Panna Maria, TX, classified under NTEE code A82. The organization reported total revenue of $1.2M and total assets of $13.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Polish Heritage Center Foundation At Panna Maria's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Polish Heritage Center Foundation At Panna Maria is a mid-size nonprofit that has been operating for 13 years, with 12 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 25.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $900K |
| Surplus / Deficit | +$441K |
| Total Assets | $13.6M |
| Total Liabilities | $371K |
| Net Assets | $13.2M |
| Operating Margin | 32.9% |
| Debt-to-Asset Ratio | 2.7% |
| Months of Reserves | 181.4 months |
Financial Health Grade: A
In 2023, Polish Heritage Center Foundation At Panna Maria reported a surplus of $441K with revenue exceeding expenses, holds 181.4 months of operating reserves (strong position), has a debt-to-asset ratio of 2.7% (very low leverage).
Financial Trends
Over 12 years of filings (2012–2023), Polish Heritage Center Foundation At Panna Maria's revenue has grown at a compound annual growth rate (CAGR) of 25.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +47.6% | +10.7% | +3.4% |
| 2022 | -55.4% | +19.8% | -11.1% |
| 2021 | -38.9% | +173.6% | +7.7% |
| 2020 | +6.8% | +50.6% | +35.3% |
| 2019 | +112.4% | +7.2% | +38.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2013 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Polish Heritage Center Foundation At Panna Maria 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 Polish Heritage Center Foundation At Panna Maria 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 surplus of $441K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.7%.
Frequently Asked Questions about Polish Heritage Center Foundation At Panna Maria
Is Polish Heritage Center Foundation At Panna Maria a legitimate charity?
Polish Heritage Center Foundation At Panna Maria (EIN: 460561240) is a registered tax-exempt nonprofit based in Texas. It has 12 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. Financial health grade: A.
How does Polish Heritage Center Foundation At Panna Maria spend its money?
Polish Heritage Center Foundation At Panna Maria reported $1.2M in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Polish Heritage Center Foundation At Panna Maria tax-deductible?
Polish Heritage Center Foundation At Panna Maria is registered as a tax-exempt nonprofit (EIN: 460561240). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Polish Heritage Center Foundation At Panna Maria located?
Polish Heritage Center Foundation At Panna Maria is headquartered in Panna Maria, Texas and files with the IRS under EIN 460561240. It is classified under NTEE code A82.
How many years of IRS 990 filings does Polish Heritage Center Foundation At Panna Maria have?
Polish Heritage Center Foundation At Panna Maria has 12 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Polish Heritage Center Foundation At Panna Maria showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2023), Polish Heritage Center Foundation At Panna Maria's revenue has grown by 1135.8%, moving from $109K to $1.3M. Total assets increased by 20172.3% over the same period, from $67K to $13.6M. Total functional expenses rose by 2072.2%, from $41K to $900K. In its most recent filing year (2023), Polish Heritage Center Foundation At Panna Maria reported a surplus of $441K, with revenue exceeding expenses. The organization holds $371K in liabilities against $13.6M in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $13.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $900K | $13.6M | $371K | — | View 990 |
| 2022 | $908K | $813K | $13.1M | $369K | — | — |
| 2021 | $2.0M | $678K | $14.8M | $2.1M | — | View 990 |
| 2020 | $3.3M | $248K | $13.7M | $2.4M | — | — |
| 2019 | $3.1M | $165K | $10.1M | $1.9M | — | View 990 |
| 2018 | $1.5M | $154K | $7.4M | $2.1M | — | View 990 |
| 2017 | $993K | $76K | $5.4M | $1.5M | — | View 990 |
| 2016 | $1.2M | $86K | $3.7M | $601K | — | View 990 |
| 2015 | $394K | $56K | $2.0M | $5K | — | View 990 |
| 2014 | $1.3M | $268K | $1.6M | $5K | — | View 990 |
| 2013 | $779K | $213K | $608K | $0 | — | View 990 |
| 2012 | $109K | $41K | $67K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $900K, and assets of $13.6M (revenue +47.6% year-over-year).
- 2022: Revenue of $908K, expenses of $813K, and assets of $13.1M (revenue -55.4% year-over-year).
- 2021: Revenue of $2.0M, expenses of $678K, and assets of $14.8M (revenue -38.9% year-over-year).
- 2020: Revenue of $3.3M, expenses of $248K, and assets of $13.7M (revenue +6.8% year-over-year).
- 2019: Revenue of $3.1M, expenses of $165K, and assets of $10.1M (revenue +112.4% year-over-year).
- 2018: Revenue of $1.5M, expenses of $154K, and assets of $7.4M (revenue +47.9% year-over-year).
- 2017: Revenue of $993K, expenses of $76K, and assets of $5.4M (revenue -16.3% year-over-year).
- 2016: Revenue of $1.2M, expenses of $86K, and assets of $3.7M (revenue +201.2% year-over-year).
- 2015: Revenue of $394K, expenses of $56K, and assets of $2.0M (revenue -69.1% year-over-year).
- 2014: Revenue of $1.3M, expenses of $268K, and assets of $1.6M (revenue +63.6% year-over-year).
- 2013: Revenue of $779K, expenses of $213K, and assets of $608K (revenue +618.1% year-over-year).
- 2012: Revenue of $109K, expenses of $41K, and assets of $67K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Polish Heritage Center Foundation At Panna Maria:
Data Sources and Methodology
This transparency report for Polish Heritage Center Foundation At Panna Maria 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.