Presbyterian Villages Of Michigan Foundation
Presbyterian Villages Of Michigan Foundation reports consistent 0% officer compensation amidst fluctuating revenues and a recent operating deficit.
EIN: 202559884 · Southfield, MI · NTEE: P81 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $20.4M |
| Total Expenses | $5.8M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $25 |
| Net Assets | $25.0M |
| Transparency Score | 90/100 |
Is Presbyterian Villages Of Michigan Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Presbyterian Villages Of Michigan Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Presbyterian Villages Of Michigan Foundation
Presbyterian Villages Of Michigan Foundation (EIN: 202559884) is a nonprofit organization based in Southfield, MI, classified under NTEE code P81. The organization reported total revenue of $20.4M and total assets of $23.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Presbyterian Villages Of Michigan Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Presbyterian Villages Of Michigan Foundation is a large nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.3M |
| Total Expenses | $5.8M |
| Surplus / Deficit | $-2,463,480 |
| Total Assets | $25.4M |
| Total Liabilities | $438K |
| Net Assets | $25.0M |
| Operating Margin | -74.7% |
| Debt-to-Asset Ratio | 1.7% |
| Months of Reserves | 52.9 months |
Financial Health Grade: B
In 2023, Presbyterian Villages Of Michigan Foundation reported a deficit of $2.5M with expenses exceeding revenue, holds 52.9 months of operating reserves (strong position), has a debt-to-asset ratio of 1.7% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Presbyterian Villages Of Michigan Foundation's revenue has grown at a compound annual growth rate (CAGR) of -0.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.9% | +65.4% | +6.0% |
| 2022 | -74.2% | -26.9% | -16.4% |
| 2021 | +121.7% | +128.0% | +37.1% |
| 2020 | +52.2% | -28.1% | +29.5% |
| 2019 | +14.1% | -16.2% | +9.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2006 |
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 Villages Of Michigan Foundation with a Mission Score of 90 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: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, Presbyterian Villages Of Michigan Foundation allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. 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 $2.5M, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.7%.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that no officer compensation is paid directly by this foundation. This is highly unusual for an organization with assets exceeding $25 million and suggests that executive salaries, if any, are covered by a related entity or through other means, which enhances the foundation's direct program spending efficiency.
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 Villages Of Michigan Foundation's IRS 990 filings:
- Operating deficit in the latest filing period (202312), with expenses ($5,759,157) significantly exceeding revenue ($3,295,677).
Strengths
The following positive indicators were identified for Presbyterian Villages Of Michigan Foundation:
- Consistent reporting of 0% officer compensation across all available filings, indicating high efficiency in directing funds.
- Strong and growing asset base, reaching $25,396,062 in 2023, providing financial stability.
- Low liabilities relative to assets, with liabilities at $438,484 in 2023 compared to over $25 million in assets, indicating sound financial management.
- Long history of IRS 990 filings (13 filings), demonstrating consistent compliance and transparency.
Frequently Asked Questions about Presbyterian Villages Of Michigan Foundation
Is Presbyterian Villages Of Michigan Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Presbyterian Villages Of Michigan Foundation (EIN: 202559884) some concerns. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
How does Presbyterian Villages Of Michigan Foundation spend its money?
Presbyterian Villages Of Michigan Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Presbyterian Villages Of Michigan Foundation tax-deductible?
Presbyterian Villages Of Michigan Foundation is registered as a tax-exempt nonprofit (EIN: 202559884). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Presbyterian Villages Of Michigan Foundation CEO make?
Presbyterian Villages Of Michigan Foundation's highest-compensated officer earns $25 annually. The organization reported $20.4M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Presbyterian Villages Of Michigan Foundation's spending goes to programs?
Presbyterian Villages Of Michigan Foundation directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Presbyterian Villages Of Michigan Foundation compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), Presbyterian Villages Of Michigan Foundation is above average for NTEE category P81 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Presbyterian Villages Of Michigan Foundation located?
Presbyterian Villages Of Michigan Foundation is headquartered in Southfield, Michigan and files with the IRS under EIN 202559884. It is classified under NTEE code P81.
How many years of IRS 990 filings does Presbyterian Villages Of Michigan Foundation have?
Presbyterian Villages Of Michigan Foundation 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 $20.4M in total revenue.
Is Presbyterian Villages Of Michigan Foundation a good charity?
Based on the available data, the foundation appears to be a good charity, particularly due to its consistent reporting of 0% officer compensation and substantial asset base. While there was an operating deficit in 2023, its long-term financial health and commitment to not paying executive salaries directly are strong positive indicators.
How does the foundation manage its expenses given the revenue fluctuations?
The foundation's expenses have also fluctuated, sometimes exceeding revenue significantly, such as in 2023 ($5.7M expenses vs $3.2M revenue) and 2016 ($7.3M expenses vs $1.9M revenue). This suggests that the foundation likely draws upon its substantial asset base ($25.3M in 2023) to cover operational costs and program disbursements during periods of lower revenue, indicating a strategic use of its endowment or accumulated funds.
What is the significance of 0% officer compensation?
The consistent reporting of 0% officer compensation is a significant positive indicator. It means that the foundation itself does not directly pay salaries to its officers, which can lead to a higher percentage of funds being directed towards its charitable programs and administrative overhead being kept very low. This practice enhances transparency and donor confidence.
Filing History
IRS 990 filing history for Presbyterian Villages Of Michigan Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Presbyterian Villages Of Michigan Foundation's revenue has declined by 0.2%, moving from $3.3M to $3.3M. Total assets increased by 39.9% over the same period, from $18.2M to $25.4M. Total functional expenses rose by 74.2%, from $3.3M to $5.8M. In its most recent filing year (2023), Presbyterian Villages Of Michigan Foundation reported a deficit of $2.5M, with expenses exceeding revenue. The organization holds $438K in liabilities against $25.4M in assets (debt-to-asset ratio: 1.7%), resulting in net assets of $25.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.3M | $5.8M | $25.4M | $438K | — | — |
| 2022 | $3.3M | $3.5M | $24.0M | $201K | — | View 990 |
| 2021 | $12.9M | $4.8M | $28.7M | $201K | — | View 990 |
| 2020 | $5.8M | $2.1M | $20.9M | $123K | — | View 990 |
| 2019 | $3.8M | $2.9M | $16.1M | $109K | — | View 990 |
| 2018 | $3.4M | $3.5M | $14.7M | $70K | — | View 990 |
| 2017 | $3.8M | $2.6M | $16.1M | $63K | — | — |
| 2016 | $1.9M | $7.3M | $14.3M | $86K | — | View 990 |
| 2015 | $3.4M | $5.3M | $19.9M | $246K | — | View 990 |
| 2014 | $8.8M | $3.6M | $26.0M | $257K | — | View 990 |
| 2013 | $4.7M | $2.2M | $21.6M | $215K | — | View 990 |
| 2012 | $2.9M | $3.5M | $18.3M | $343K | — | View 990 |
| 2011 | $3.3M | $3.3M | $18.2M | $203K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.3M, expenses of $5.8M, and assets of $25.4M (revenue -0.9% year-over-year).
- 2022: Revenue of $3.3M, expenses of $3.5M, and assets of $24.0M (revenue -74.2% year-over-year).
- 2021: Revenue of $12.9M, expenses of $4.8M, and assets of $28.7M (revenue +121.7% year-over-year).
- 2020: Revenue of $5.8M, expenses of $2.1M, and assets of $20.9M (revenue +52.2% year-over-year).
- 2019: Revenue of $3.8M, expenses of $2.9M, and assets of $16.1M (revenue +14.1% year-over-year).
- 2018: Revenue of $3.4M, expenses of $3.5M, and assets of $14.7M (revenue -11.9% year-over-year).
- 2017: Revenue of $3.8M, expenses of $2.6M, and assets of $16.1M (revenue +96.4% year-over-year).
- 2016: Revenue of $1.9M, expenses of $7.3M, and assets of $14.3M (revenue -43.4% year-over-year).
- 2015: Revenue of $3.4M, expenses of $5.3M, and assets of $19.9M (revenue -61.0% year-over-year).
- 2014: Revenue of $8.8M, expenses of $3.6M, and assets of $26.0M (revenue +85.5% year-over-year).
- 2013: Revenue of $4.7M, expenses of $2.2M, and assets of $21.6M (revenue +65.1% year-over-year).
- 2012: Revenue of $2.9M, expenses of $3.5M, and assets of $18.3M (revenue -13.1% year-over-year).
- 2011: Revenue of $3.3M, expenses of $3.3M, and assets of $18.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Presbyterian Villages Of Michigan Foundation:
Data Sources and Methodology
This transparency report for Presbyterian Villages Of Michigan 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.