Potter Gray Elementary Pto Inc
Potter Gray Elementary PTO shows strong financial growth and zero liabilities with no officer compensation.
EIN: 201485622 · Bowling Green, KY · NTEE: B122 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $113K |
| Total Expenses | $74K |
| Program Spending | 90% |
| Net Assets | $123K |
| Transparency Score | 95/100 |
Is Potter Gray Elementary Pto Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Potter Gray Elementary Pto Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Potter Gray Elementary Pto Inc
Potter Gray Elementary Pto Inc (EIN: 201485622) is a nonprofit organization based in Bowling Green, KY, classified under NTEE code B122. The organization reported total revenue of $113K and total assets of $123K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Potter Gray Elementary Pto Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Potter Gray Elementary Pto Inc is a small nonprofit that has been operating for 19 years, with 11 years of IRS 990 filings on record (2012–2023). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $113K |
| Total Expenses | $74K |
| Surplus / Deficit | +$39K |
| Total Assets | $123K |
| Net Assets | $123K |
| Operating Margin | 34.6% |
| Months of Reserves | 19.9 months |
Financial Health Grade: A
In 2023, Potter Gray Elementary Pto Inc reported a surplus of $39K with revenue exceeding expenses, holds 19.9 months of operating reserves (strong position).
Financial Trends
Over 11 years of filings (2012–2023), Potter Gray Elementary Pto Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +152.3% | +204.0% | +45.5% |
| 2022 | +452.9% | +256.9% | -45.6% |
| 2021 | -73.6% | -92.9% | +883.2% |
| 2020 | -8.4% | +358.5% | -80.7% |
| 2019 | +46.8% | +245.6% | +18.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2007 |
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 Potter Gray Elementary Pto Inc with a Mission Score of 95 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Potter Gray Elementary Pto Inc allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. 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 surplus of $39K, with revenue exceeding expenses.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is likely volunteer-based, which is common for PTOs and demonstrates a strong commitment to directing funds towards the mission rather than administrative salaries.
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.
Strengths
The following positive indicators were identified for Potter Gray Elementary Pto Inc:
- Strong financial health with $123,019 in assets and $0 liabilities in 2023.
- Significant revenue growth from $44,853 in 2022 to $113,176 in 2023.
- Consistent reporting of 0% officer compensation across all filings, indicating volunteer leadership.
- Positive net income in most recent periods, contributing to asset growth.
- Efficient spending with expenses ($74,065) well below revenue ($113,176) in 2023.
Frequently Asked Questions about Potter Gray Elementary Pto Inc
Is Potter Gray Elementary Pto Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Potter Gray Elementary Pto Inc (EIN: 201485622) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Potter Gray Elementary Pto Inc spend its money?
Potter Gray Elementary Pto Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Potter Gray Elementary Pto Inc tax-deductible?
Potter Gray Elementary Pto Inc is registered as a tax-exempt nonprofit (EIN: 201485622). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Potter Gray Elementary Pto Inc compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Potter Gray Elementary Pto Inc is above average for NTEE category B122 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Potter Gray Elementary Pto Inc located?
Potter Gray Elementary Pto Inc is headquartered in Bowling Green, Kentucky and files with the IRS under EIN 201485622. It is classified under NTEE code B122.
How many years of IRS 990 filings does Potter Gray Elementary Pto Inc have?
Potter Gray Elementary Pto Inc has 11 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 $113K in total revenue.
Is Potter Gray Elementary Pto Inc a good charity?
Based on the provided financial data, Potter Gray Elementary Pto Inc appears to be a very good charity. It exhibits strong financial health with growing revenue, zero liabilities, and no reported officer compensation, suggesting efficient use of funds for its mission.
How has the organization's revenue trended over time?
The organization's revenue has fluctuated but shows significant growth in recent years, jumping from $44,853 in 2022 to $113,176 in 2023, indicating increased support and activity.
What is the organization's asset-to-liability ratio?
Potter Gray Elementary Pto Inc consistently reports zero liabilities across all filings, resulting in an excellent asset-to-liability ratio, with assets of $123,019 in 2023 and no debt.
Filing History
IRS 990 filing history for Potter Gray Elementary Pto Inc showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2012–2023), Potter Gray Elementary Pto Inc's revenue has grown by 117.6%, moving from $52K to $113K. Total assets increased by 386.6% over the same period, from $25K to $123K. Total functional expenses rose by 62.5%, from $46K to $74K. In its most recent filing year (2023), Potter Gray Elementary Pto Inc reported a surplus of $39K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $113K | $74K | $123K | $0 | — | View 990 |
| 2022 | $45K | $24K | $85K | $0 | — | View 990 |
| 2021 | $8K | $7K | $155K | $0 | — | — |
| 2020 | $31K | $97K | $16K | $0 | — | View 990 |
| 2019 | $34K | $21K | $82K | $0 | — | View 990 |
| 2018 | $23K | $6K | $69K | $0 | — | View 990 |
| 2016 | $35K | $61K | $42K | $0 | — | View 990 |
| 2015 | $57K | $19K | $67K | $0 | — | View 990 |
| 2014 | $45K | $40K | $29K | $0 | — | View 990 |
| 2013 | $36K | $37K | $24K | $0 | — | View 990 |
| 2012 | $52K | $46K | $25K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $113K, expenses of $74K, and assets of $123K (revenue +152.3% year-over-year).
- 2022: Revenue of $45K, expenses of $24K, and assets of $85K (revenue +452.9% year-over-year).
- 2021: Revenue of $8K, expenses of $7K, and assets of $155K (revenue -73.6% year-over-year).
- 2020: Revenue of $31K, expenses of $97K, and assets of $16K (revenue -8.4% year-over-year).
- 2019: Revenue of $34K, expenses of $21K, and assets of $82K (revenue +46.8% year-over-year).
- 2018: Revenue of $23K, expenses of $6K, and assets of $69K (revenue -34.7% year-over-year).
- 2016: Revenue of $35K, expenses of $61K, and assets of $42K (revenue -38.9% year-over-year).
- 2015: Revenue of $57K, expenses of $19K, and assets of $67K (revenue +26.6% year-over-year).
- 2014: Revenue of $45K, expenses of $40K, and assets of $29K (revenue +25.4% year-over-year).
- 2013: Revenue of $36K, expenses of $37K, and assets of $24K (revenue -30.7% year-over-year).
- 2012: Revenue of $52K, expenses of $46K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Potter Gray Elementary Pto Inc:
Data Sources and Methodology
This transparency report for Potter Gray Elementary Pto 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.