Posner Foundation Of Pittsburgh
EIN: 256055022 · Pittsburgh, PA
| Metric | Value |
|---|---|
| Total Revenue | $55.9M |
| Total Expenses | $20.7M |
| Net Assets | $181.4M |
Is Posner Foundation Of Pittsburgh Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Posner Foundation Of Pittsburgh
Posner Foundation Of Pittsburgh (EIN: 256055022) is a nonprofit organization based in Pittsburgh, PA. The organization reported total revenue of $55.9M and total assets of $175.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Posner Foundation Of Pittsburgh's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Posner Foundation Of Pittsburgh is a major nonprofit that has been operating for 61 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 38.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $19.7M |
| Total Expenses | $20.7M |
| Surplus / Deficit | $-1,045,073 |
| Total Assets | $181.4M |
| Net Assets | $181.4M |
| Operating Margin | -5.3% |
| Months of Reserves | 105.1 months |
Financial Health Grade: C
In 2023, Posner Foundation Of Pittsburgh reported a deficit of $1.0M with expenses exceeding revenue, holds 105.1 months of operating reserves (strong position).
Financial Trends
Over 10 years of filings (2011–2023), Posner Foundation Of Pittsburgh's revenue has grown at a compound annual growth rate (CAGR) of 38.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -34.8% | -4.6% | -0.7% |
| 2022 | +42.7% | +25.8% | +4.8% |
| 2021 | +4.4% | +7.8% | +2.2% |
| 2020 | +120.6% | +14.8% | +2.6% |
| 2019 | +1441.9% | +488.0% | +850.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1965 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Posner Foundation Of Pittsburgh 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 Posner Foundation Of Pittsburgh 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 deficit of $1.0M, with expenses exceeding revenue.
Frequently Asked Questions about Posner Foundation Of Pittsburgh
Is Posner Foundation Of Pittsburgh a legitimate charity?
Posner Foundation Of Pittsburgh (EIN: 256055022) is a registered tax-exempt nonprofit based in Pennsylvania. It has 10 years of IRS 990 filings on record. Total revenue: $55.9M. No red flags identified. Financial health grade: B.
How does Posner Foundation Of Pittsburgh spend its money?
Posner Foundation Of Pittsburgh reported $55.9M in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Posner Foundation Of Pittsburgh tax-deductible?
Posner Foundation Of Pittsburgh is registered as a tax-exempt nonprofit (EIN: 256055022). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Posner Foundation Of Pittsburgh located?
Posner Foundation Of Pittsburgh is headquartered in Pittsburgh, Pennsylvania and files with the IRS under EIN 256055022.
How many years of IRS 990 filings does Posner Foundation Of Pittsburgh have?
Posner Foundation Of Pittsburgh 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 $55.9M in total revenue.
Filing History
IRS 990 filing history for Posner Foundation Of Pittsburgh showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Posner Foundation Of Pittsburgh's revenue has grown by 4867.8%, moving from $396K to $19.7M. Total assets increased by 903.4% over the same period, from $18.1M to $181.4M. Total functional expenses rose by 1410.2%, from $1.4M to $20.7M. In its most recent filing year (2023), Posner Foundation Of Pittsburgh reported a deficit of $1.0M, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $19.7M | $20.7M | $181.4M | $-623 | — | View 990 |
| 2022 | $30.1M | $21.7M | $182.6M | $2K | — | View 990 |
| 2021 | $21.1M | $17.2M | $174.2M | $1 | — | View 990 |
| 2020 | $20.2M | $16.0M | $170.5M | $105K | — | View 990 |
| 2019 | $9.2M | $13.9M | $166.1M | $0 | — | View 990 |
| 2015 | $594K | $2.4M | $17.5M | $0 | — | View 990 |
| 2014 | $1.9M | $968K | $19.3M | $0 | — | View 990 |
| 2013 | $705K | $1.4M | $18.4M | $0 | — | View 990 |
| 2012 | $1.8M | $843K | $19.1M | $0 | — | View 990 |
| 2011 | $396K | $1.4M | $18.1M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $19.7M, expenses of $20.7M, and assets of $181.4M (revenue -34.8% year-over-year).
- 2022: Revenue of $30.1M, expenses of $21.7M, and assets of $182.6M (revenue +42.7% year-over-year).
- 2021: Revenue of $21.1M, expenses of $17.2M, and assets of $174.2M (revenue +4.4% year-over-year).
- 2020: Revenue of $20.2M, expenses of $16.0M, and assets of $170.5M (revenue +120.6% year-over-year).
- 2019: Revenue of $9.2M, expenses of $13.9M, and assets of $166.1M (revenue +1441.9% year-over-year).
- 2015: Revenue of $594K, expenses of $2.4M, and assets of $17.5M (revenue -67.9% year-over-year).
- 2014: Revenue of $1.9M, expenses of $968K, and assets of $19.3M (revenue +162.7% year-over-year).
- 2013: Revenue of $705K, expenses of $1.4M, and assets of $18.4M (revenue -61.7% year-over-year).
- 2012: Revenue of $1.8M, expenses of $843K, and assets of $19.1M (revenue +365.8% year-over-year).
- 2011: Revenue of $396K, expenses of $1.4M, and assets of $18.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Posner Foundation Of Pittsburgh:
Data Sources and Methodology
This transparency report for Posner Foundation Of Pittsburgh 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.