Presbyterian Home Quitman Retirement Inc
Presbyterian Home Quitman Retirement Inc. shows volatile revenue but consistent zero executive compensation.
EIN: 20708789 · Quitman, GA · NTEE: L22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $238K |
| Total Expenses | $212K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $1.2M |
| Transparency Score | 85/100 |
Is Presbyterian Home Quitman Retirement Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Presbyterian Home Quitman Retirement Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Presbyterian Home Quitman Retirement Inc
Presbyterian Home Quitman Retirement Inc (EIN: 20708789) is a nonprofit organization based in Quitman, GA, classified under NTEE code L22. The organization reported total revenue of $238K and total assets of $2.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Presbyterian Home Quitman Retirement Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Presbyterian Home Quitman Retirement Inc is a small nonprofit that has been operating for 22 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -8.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $203K |
| Total Expenses | $212K |
| Surplus / Deficit | $-8,512 |
| Total Assets | $2.2M |
| Total Liabilities | $1.1M |
| Net Assets | $1.2M |
| Operating Margin | -4.2% |
| Debt-to-Asset Ratio | 47.5% |
| Months of Reserves | 126.1 months |
Financial Health Grade: B
In 2023, Presbyterian Home Quitman Retirement Inc reported a deficit of $9K with expenses exceeding revenue, holds 126.1 months of operating reserves (strong position), has a debt-to-asset ratio of 47.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Presbyterian Home Quitman Retirement Inc's revenue has declined at a compound annual growth rate (CAGR) of -8.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -23.1% | -1.9% | +10.5% |
| 2022 | -72.8% | -34.5% | -12.0% |
| 2021 | +138.5% | -1.8% | +8.3% |
| 2020 | -54.3% | -69.0% | +12.4% |
| 2019 | -16.0% | -12.7% | +0.1% |
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 Presbyterian Home Quitman Retirement Inc 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Presbyterian Home Quitman Retirement 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 deficit of $9K, with expenses exceeding revenue.
- Debt-to-asset ratio: 47.5%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization. This is highly commendable for an organization of its size, with assets over $2 million, as it maximizes resources available for its mission.
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 Presbyterian Home Quitman Retirement Inc's IRS 990 filings:
- Significant year-over-year revenue volatility (e.g., $972,804 in 2021 to $203,255 in 2023)
- Consistent liabilities around $1 million, which could indicate reliance on debt.
Strengths
The following positive indicators were identified for Presbyterian Home Quitman Retirement Inc:
- Consistent zero officer compensation, indicating high efficiency and transparency.
- Stable asset base of over $2 million despite revenue fluctuations.
- Strong program focus due to no executive compensation.
Frequently Asked Questions about Presbyterian Home Quitman Retirement Inc
Is Presbyterian Home Quitman Retirement Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Presbyterian Home Quitman Retirement Inc (EIN: 20708789) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Presbyterian Home Quitman Retirement Inc spend its money?
Presbyterian Home Quitman Retirement Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Presbyterian Home Quitman Retirement Inc tax-deductible?
Presbyterian Home Quitman Retirement Inc is registered as a tax-exempt nonprofit (EIN: 20708789). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Presbyterian Home Quitman Retirement Inc CEO make?
Presbyterian Home Quitman Retirement Inc's highest-compensated officer earns $2 annually. The organization reported $238K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Presbyterian Home Quitman Retirement Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Presbyterian Home Quitman Retirement Inc is above average for NTEE category L22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Presbyterian Home Quitman Retirement Inc located?
Presbyterian Home Quitman Retirement Inc is headquartered in Quitman, Georgia and files with the IRS under EIN 20708789. It is classified under NTEE code L22.
How many years of IRS 990 filings does Presbyterian Home Quitman Retirement Inc have?
Presbyterian Home Quitman Retirement Inc has 13 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 $238K in total revenue.
Is Presbyterian Home Quitman Retirement Inc. financially stable given its fluctuating revenue?
While revenue has been volatile, with a significant drop from $972,804 in 2021 to $203,255 in 2023, the organization's assets have remained relatively stable around $2 million. This suggests a degree of financial resilience, though the long-term sustainability of such revenue fluctuations would need further investigation into funding sources.
What is the reason for the consistent zero officer compensation?
The consistent reporting of 0% officer compensation indicates that the organization's leadership may be entirely volunteer-based or compensated through other entities, which is a strong positive for directing funds to programs. This practice enhances the organization's efficiency and transparency.
How does the organization manage its liabilities, which are consistently around $1 million?
The organization consistently reports liabilities around $1 million, such as $1,056,543 in 2023. While assets generally exceed liabilities, understanding the nature of these liabilities (e.g., mortgages, program-related debt) is crucial for a complete financial picture.
Filing History
IRS 990 filing history for Presbyterian Home Quitman Retirement Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Presbyterian Home Quitman Retirement Inc's revenue has declined by 64.3%, moving from $569K to $203K. Total assets decreased by 1.5% over the same period, from $2.3M to $2.2M. Total functional expenses fell by 85.1%, from $1.4M to $212K. In its most recent filing year (2023), Presbyterian Home Quitman Retirement Inc reported a deficit of $9K, with expenses exceeding revenue. The organization holds $1.1M in liabilities against $2.2M in assets (debt-to-asset ratio: 47.5%), resulting in net assets of $1.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $203K | $212K | $2.2M | $1.1M | — | — |
| 2022 | $264K | $216K | $2.0M | $945K | — | View 990 |
| 2021 | $973K | $330K | $2.3M | $1.1M | — | View 990 |
| 2020 | $408K | $336K | $2.1M | $1.0M | — | — |
| 2019 | $892K | $1.1M | $1.9M | $1.0M | — | View 990 |
| 2018 | $1.1M | $1.2M | $1.9M | $969K | — | View 990 |
| 2017 | $1.0M | $1.3M | $2.1M | $967K | — | View 990 |
| 2016 | $1.5M | $1.7M | $2.2M | $959K | — | View 990 |
| 2015 | $1.3M | $1.6M | $2.4M | $1.0M | — | View 990 |
| 2014 | $1.1M | $1.4M | $2.9M | $1.2M | — | View 990 |
| 2013 | $1.1M | $1.3M | $2.9M | $1.1M | — | View 990 |
| 2012 | $1.2M | $1.2M | $2.2M | $417K | — | View 990 |
| 2011 | $569K | $1.4M | $2.3M | $565K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $203K, expenses of $212K, and assets of $2.2M (revenue -23.1% year-over-year).
- 2022: Revenue of $264K, expenses of $216K, and assets of $2.0M (revenue -72.8% year-over-year).
- 2021: Revenue of $973K, expenses of $330K, and assets of $2.3M (revenue +138.5% year-over-year).
- 2020: Revenue of $408K, expenses of $336K, and assets of $2.1M (revenue -54.3% year-over-year).
- 2019: Revenue of $892K, expenses of $1.1M, and assets of $1.9M (revenue -16.0% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.2M, and assets of $1.9M (revenue +2.1% year-over-year).
- 2017: Revenue of $1.0M, expenses of $1.3M, and assets of $2.1M (revenue -31.7% year-over-year).
- 2016: Revenue of $1.5M, expenses of $1.7M, and assets of $2.2M (revenue +15.5% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.6M, and assets of $2.4M (revenue +18.8% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.4M, and assets of $2.9M (revenue -0.7% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.3M, and assets of $2.9M (revenue -10.3% year-over-year).
- 2012: Revenue of $1.2M, expenses of $1.2M, and assets of $2.2M (revenue +119.1% year-over-year).
- 2011: Revenue of $569K, expenses of $1.4M, and assets of $2.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Presbyterian Home Quitman Retirement Inc:
Data Sources and Methodology
This transparency report for Presbyterian Home Quitman Retirement 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.