Porcini Childrens Foundation Inc
Porcini Childrens Foundation frequently operates at a deficit, drawing down assets despite no officer compensation.
EIN: 201151758 · Louisville, KY · NTEE: O12 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $226K |
| Total Expenses | $240K |
| Program Spending | 85% |
| CEO/Top Officer Pay | $225,554 |
| Net Assets | $100K |
| Transparency Score | 70/100 |
Is Porcini Childrens Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Porcini Childrens Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Porcini Childrens Foundation Inc
Porcini Childrens Foundation Inc (EIN: 201151758) is a nonprofit organization based in Louisville, KY, classified under NTEE code O12. The organization reported total revenue of $226K and total assets of $32K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Porcini Childrens Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Porcini Childrens Foundation Inc is a small nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 8.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $219K |
| Total Expenses | $240K |
| Surplus / Deficit | $-20,630 |
| Total Assets | $100K |
| Net Assets | $100K |
| Operating Margin | -9.4% |
| Months of Reserves | 5.0 months |
Financial Health Grade: B
In 2024, Porcini Childrens Foundation Inc reported a deficit of $21K with expenses exceeding revenue, holds 5.0 months of operating reserves (adequate).
Financial Trends
Over 12 years of filings (2012–2024), Porcini Childrens Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 8.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +6.3% | +3.5% | -17.1% |
| 2023 | +1.7% | +117.0% | -17.5% |
| 2022 | +322.3% | +105.7% | +191.6% |
| 2021 | -75.6% | -72.4% | -7.2% |
| 2020 | +9.5% | -36.7% | +18.4% |
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 Porcini Childrens Foundation Inc with a Mission Score of 70 out of 100 (Good). 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, Porcini Childrens 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $21K, with expenses exceeding revenue.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating a volunteer-led executive team or that compensation falls below reporting thresholds, which is highly efficient for an organization of its size (latest revenue $225,554).
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 Porcini Childrens Foundation Inc's IRS 990 filings:
- Frequent operating deficits (expenses exceeding revenue in 8 of 10 periods)
- Declining asset base over time (from $234,277 in 2015 to $99,971 in 2024)
Strengths
The following positive indicators were identified for Porcini Childrens Foundation Inc:
- No reported officer compensation, indicating highly efficient leadership or volunteer-driven model
- No reported liabilities across all filing periods, suggesting good debt management
- Consistent program focus, likely with a high percentage of spending directed to mission
Frequently Asked Questions about Porcini Childrens Foundation Inc
Is Porcini Childrens Foundation Inc a legitimate charity?
Porcini Childrens Foundation Inc (EIN: 201151758) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 70/100. It has 12 years of IRS 990 filings on record. Total revenue: $226K. 2 red flags identified. 3 strengths noted. Financial health grade: B.
How does Porcini Childrens Foundation Inc spend its money?
Porcini Childrens Foundation Inc directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Porcini Childrens Foundation Inc tax-deductible?
Porcini Childrens Foundation Inc is registered as a tax-exempt nonprofit (EIN: 201151758). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Porcini Childrens Foundation Inc CEO make?
Porcini Childrens Foundation Inc's highest-compensated officer earns $225,554 annually. The organization reported $226K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Porcini Childrens Foundation Inc's spending goes to programs?
Porcini Childrens Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Porcini Childrens Foundation Inc compare to similar nonprofits?
With a transparency score of 70/100 (Good), Porcini Childrens Foundation Inc is above average for NTEE category O12 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Porcini Childrens Foundation Inc located?
Porcini Childrens Foundation Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 201151758. It is classified under NTEE code O12.
How many years of IRS 990 filings does Porcini Childrens Foundation Inc have?
Porcini Childrens Foundation Inc 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 $226K in total revenue.
Is Porcini Childrens Foundation Inc. financially sustainable?
The organization has frequently spent more than it earned, with expenses exceeding revenue in 8 out of 10 reported periods. This trend, coupled with declining assets, raises concerns about long-term financial sustainability if not reversed.
How does Porcini Childrens Foundation Inc. manage its administrative costs?
With no reported officer compensation and a lean operational structure, the organization appears to manage administrative costs very efficiently, likely relying heavily on volunteer efforts.
What is the trend in the organization's assets?
Assets have generally declined from a high of $234,277 in 2015 to $99,971 in 2024, suggesting the organization has been using its reserves to cover operating deficits.
Filing History
IRS 990 filing history for Porcini Childrens Foundation Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2012–2024), Porcini Childrens Foundation Inc's revenue has grown by 155.3%, moving from $86K to $219K. Total assets increased by 4690.2% over the same period, from $2K to $100K. Total functional expenses rose by 142.3%, from $99K to $240K. In its most recent filing year (2024), Porcini Childrens Foundation Inc reported a deficit of $21K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $219K | $240K | $100K | $0 | — | — |
| 2023 | $206K | $232K | $121K | $0 | — | View 990 |
| 2022 | $203K | $107K | $146K | $0 | — | View 990 |
| 2021 | $48K | $52K | $50K | $0 | — | View 990 |
| 2020 | $196K | $188K | $54K | $0 | — | View 990 |
| 2019 | $179K | $297K | $46K | $0 | — | View 990 |
| 2018 | $162K | $217K | $163K | $0 | — | View 990 |
| 2017 | $172K | $188K | $218K | $0 | — | View 990 |
| 2015 | $410K | $253K | $234K | $0 | — | View 990 |
| 2014 | $138K | $81K | $77K | $0 | — | View 990 |
| 2013 | $98K | $80K | $20K | $0 | — | View 990 |
| 2012 | $86K | $99K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $219K, expenses of $240K, and assets of $100K (revenue +6.3% year-over-year).
- 2023: Revenue of $206K, expenses of $232K, and assets of $121K (revenue +1.7% year-over-year).
- 2022: Revenue of $203K, expenses of $107K, and assets of $146K (revenue +322.3% year-over-year).
- 2021: Revenue of $48K, expenses of $52K, and assets of $50K (revenue -75.6% year-over-year).
- 2020: Revenue of $196K, expenses of $188K, and assets of $54K (revenue +9.5% year-over-year).
- 2019: Revenue of $179K, expenses of $297K, and assets of $46K (revenue +11.0% year-over-year).
- 2018: Revenue of $162K, expenses of $217K, and assets of $163K (revenue -5.8% year-over-year).
- 2017: Revenue of $172K, expenses of $188K, and assets of $218K (revenue -58.2% year-over-year).
- 2015: Revenue of $410K, expenses of $253K, and assets of $234K (revenue +197.6% year-over-year).
- 2014: Revenue of $138K, expenses of $81K, and assets of $77K (revenue +40.9% year-over-year).
- 2013: Revenue of $98K, expenses of $80K, and assets of $20K (revenue +14.0% year-over-year).
- 2012: Revenue of $86K, expenses of $99K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Porcini Childrens Foundation Inc:
Data Sources and Methodology
This transparency report for Porcini Childrens 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.