Poppy Foundation
Poppy Foundation consistently operates without officer compensation but has seen recent deficit spending and declining assets.
EIN: 205485159 · Las Vegas, NV · NTEE: D20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $278K |
| Total Expenses | $200K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $200,000. |
| Net Assets | $54K |
| Transparency Score | 85/100 |
Is Poppy Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Poppy Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Poppy Foundation
Poppy Foundation (EIN: 205485159) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code D20. The organization reported total revenue of $278K and total assets of $197K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Poppy Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Poppy Foundation is a small nonprofit that has been operating for 12 years, with 15 years of IRS 990 filings on record (2009–2023). Revenue has grown at a compound annual rate of 5.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $159K |
| Total Expenses | $200K |
| Surplus / Deficit | $-40,636 |
| Total Assets | $54K |
| Net Assets | $54K |
| Operating Margin | -25.6% |
| Months of Reserves | 3.2 months |
Financial Health Grade: B
In 2023, Poppy Foundation reported a deficit of $41K with expenses exceeding revenue, holds 3.2 months of operating reserves (adequate).
Financial Trends
Over 15 years of filings (2009–2023), Poppy Foundation's revenue has grown at a compound annual growth rate (CAGR) of 5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -15.7% | -16.1% | -43.0% |
| 2022 | -12.6% | +42.7% | -34.3% |
| 2021 | +54.4% | +14.5% | +51.4% |
| 2020 | -7.1% | -8.0% | -6.0% |
| 2019 | +25.1% | +11.0% | -7.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1400 |
| IRS Ruling Date | 2014 |
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 Poppy 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: 7%
- programs: 90%
- fundraising: 3%
According to IRS 990 filings, Poppy Foundation allocates its expenses as follows: admin: 7%, programs: 90%, fundraising: 3%. 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 $41K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filing periods, indicating that no salaries are paid to officers, which is highly efficient for an organization of its size with revenues typically under $200,000.
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 Poppy Foundation's IRS 990 filings:
- Consistent deficit spending in recent years (e.g., 202308, 202208) where expenses exceeded revenue.
- Declining asset base, from $143,887 in 202108 to $53,924 in 202308, which could impact long-term stability.
Strengths
The following positive indicators were identified for Poppy Foundation:
- Zero officer compensation across all reported periods, indicating high efficiency and dedication to mission.
- Consistent filing of IRS Form 990 for 15 periods, demonstrating strong transparency.
- Zero liabilities in recent periods (202308, 202208, 202108), indicating good debt management.
Frequently Asked Questions about Poppy Foundation
Is Poppy Foundation a legitimate charity?
Poppy Foundation (EIN: 205485159) is a registered tax-exempt nonprofit based in Nevada. Our AI analysis gives it a Mission Score of 85/100. It has 15 years of IRS 990 filings on record. Total revenue: $278K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Poppy Foundation spend its money?
Poppy Foundation directs 90% of its spending to programs and services. Fundraising costs 3%. This exceeds the 65% industry benchmark.
Are donations to Poppy Foundation tax-deductible?
Poppy Foundation is registered as a tax-exempt nonprofit (EIN: 205485159). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Poppy Foundation CEO make?
Poppy Foundation's highest-compensated officer earns $200,000. annually. The organization reported $278K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Poppy Foundation's spending goes to programs?
Poppy Foundation directs 90% to programs, 3% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Poppy Foundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Poppy Foundation is above average for NTEE category D20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Poppy Foundation located?
Poppy Foundation is headquartered in Las Vegas, Nevada and files with the IRS under EIN 205485159. It is classified under NTEE code D20.
How many years of IRS 990 filings does Poppy Foundation have?
Poppy Foundation has 15 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 $278K in total revenue.
Is Poppy Foundation financially sustainable given recent deficit spending?
Poppy Foundation has experienced deficit spending in recent periods (e.g., 202308 and 202208), leading to a decline in assets from $143,887 in 202108 to $53,924 in 202308. While they have no liabilities in recent years, this trend suggests a need for increased revenue or reduced expenses to ensure long-term financial sustainability.
How does Poppy Foundation's lack of officer compensation impact its efficiency?
The consistent absence of officer compensation (0% in all reported periods) significantly enhances Poppy Foundation's financial efficiency, allowing a greater proportion of its revenue to be directed towards its programs and operational costs rather than administrative salaries.
What is the trend in Poppy Foundation's assets?
Poppy Foundation's assets have shown a declining trend in recent years, from a high of $173,260 in 201508 to $143,887 in 202108, and further to $53,924 in 202308. This decline coincides with periods where expenses exceeded revenue.
Filing History
IRS 990 filing history for Poppy Foundation showing financial trends over 15 years of public records:
Over 15 years of IRS 990 filings (2009–2023), Poppy Foundation's revenue has grown by 106.8%, moving from $77K to $159K. Total assets increased by 638% over the same period, from $7K to $54K. Total functional expenses rose by 149.4%, from $80K to $200K. In its most recent filing year (2023), Poppy Foundation reported a deficit of $41K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $159K | $200K | $54K | $0 | — | — |
| 2022 | $188K | $238K | $95K | $0 | — | View 990 |
| 2021 | $216K | $167K | $144K | $0 | — | View 990 |
| 2020 | $140K | $146K | $95K | $94K | — | — |
| 2019 | $150K | $158K | $101K | $0 | — | View 990 |
| 2018 | $120K | $143K | $109K | $94K | — | — |
| 2017 | $123K | $129K | $132K | $94K | — | View 990 |
| 2016 | $125K | $135K | $137K | $94K | — | View 990 |
| 2015 | $97K | $95K | $173K | $94K | — | View 990 |
| 2014 | $131K | $113K | $169K | $92K | — | View 990 |
| 2013 | $152K | $140K | $59K | $0 | — | View 990 |
| 2012 | $127K | $136K | $46K | $0 | — | View 990 |
| 2011 | $120K | $122K | $54K | $0 | — | — |
| 2010 | $145K | $97K | $56K | $0 | — | — |
| 2009 | $77K | $80K | $7K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $159K, expenses of $200K, and assets of $54K (revenue -15.7% year-over-year).
- 2022: Revenue of $188K, expenses of $238K, and assets of $95K (revenue -12.6% year-over-year).
- 2021: Revenue of $216K, expenses of $167K, and assets of $144K (revenue +54.4% year-over-year).
- 2020: Revenue of $140K, expenses of $146K, and assets of $95K (revenue -7.1% year-over-year).
- 2019: Revenue of $150K, expenses of $158K, and assets of $101K (revenue +25.1% year-over-year).
- 2018: Revenue of $120K, expenses of $143K, and assets of $109K (revenue -2.6% year-over-year).
- 2017: Revenue of $123K, expenses of $129K, and assets of $132K (revenue -1.3% year-over-year).
- 2016: Revenue of $125K, expenses of $135K, and assets of $137K (revenue +28.5% year-over-year).
- 2015: Revenue of $97K, expenses of $95K, and assets of $173K (revenue -25.6% year-over-year).
- 2014: Revenue of $131K, expenses of $113K, and assets of $169K (revenue -14.1% year-over-year).
- 2013: Revenue of $152K, expenses of $140K, and assets of $59K (revenue +19.3% year-over-year).
- 2012: Revenue of $127K, expenses of $136K, and assets of $46K (revenue +6.0% year-over-year).
- 2011: Revenue of $120K, expenses of $122K, and assets of $54K (revenue -17.1% year-over-year).
- 2010: Revenue of $145K, expenses of $97K, and assets of $56K (revenue +88.8% year-over-year).
- 2009: Revenue of $77K, expenses of $80K, and assets of $7K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Poppy Foundation:
Data Sources and Methodology
This transparency report for Poppy 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.