Presentation School Foundation Inc
Presentation School Foundation Inc. shows fluctuating revenue and consistent operating deficits in recent years, offset by substantial assets and no reported officer compensation.
EIN: 141910759 · Brighton, MA · NTEE: B192 · Updated: 2026-03-28
About Presentation School Foundation Inc
Presentation School Foundation Inc (EIN: 141910759) is a nonprofit organization based in Brighton, MA, classified under NTEE code B192. The organization reported total revenue of $954K and total assets of $4.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Presentation School Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Presentation School Foundation Inc with a Mission Score of 80 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: 85%
- fundraising: 5%
According to IRS 990 filings, Presentation School 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.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no salaries or other compensation are paid to its officers, which is highly favorable for minimizing administrative costs relative to the organization's size.
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 Presentation School Foundation Inc's IRS 990 filings:
- Consistent operating deficits in recent years (e.g., 2021, 2022, 2023), where expenses exceeded revenue.
- Gradual decline in total assets over the past decade, from $6,549,295 in 2014 to $5,074,926 in 2023.
- Significant year-over-year revenue volatility, making financial planning potentially difficult.
Strengths
The following positive indicators were identified for Presentation School Foundation Inc:
- Zero reported officer compensation across all filings, indicating high efficiency in executive overhead.
- Substantial asset base ($5,074,926 in 2023) provides a financial cushion despite operating deficits.
- Consistent filing history (14 filings) demonstrates good transparency and compliance.
Frequently Asked Questions about Presentation School Foundation Inc
How does Presentation School Foundation Inc. cover its operating deficits?
Given that expenses have frequently exceeded revenue (e.g., $1,043,713 expenses vs. $1,042,438 revenue in 2023; $1,091,290 expenses vs. $874,783 revenue in 2022), the organization likely relies on its substantial asset base ($5,074,926 in 2023) or investment income to cover these shortfalls.
What is the long-term trend of the organization's assets?
The organization's assets have shown a gradual decline from a peak of $6,549,295 in 2014 to $5,074,926 in 2023, suggesting a potential draw-down on reserves or less successful investment performance over the decade.
Is the organization's revenue stable?
No, the organization's revenue has been highly unstable, fluctuating significantly from $1,373,917 in 2019 to $435,184 in 2021, and then recovering to $1,042,438 in 2023. This volatility could pose challenges for consistent program planning.
Filing History
IRS 990 filing history for Presentation School Foundation Inc showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Presentation School Foundation Inc's revenue has grown by 112%, moving from $492K to $1.0M. Total assets increased by 79.9% over the same period, from $2.8M to $5.1M. Total functional expenses rose by 178.3%, from $375K to $1.0M. In its most recent filing year (2023), Presentation School Foundation Inc reported a deficit of $1K, with expenses exceeding revenue. The organization holds $4.1M in liabilities against $5.1M in assets (debt-to-asset ratio: 81.6%), resulting in net assets of $933K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.0M | $1.0M | $5.1M | $4.1M | — | View 990 |
| 2022 | $875K | $1.1M | $5.3M | $4.3M | — | View 990 |
| 2021 | $435K | $1.1M | $5.6M | $4.5M | — | View 990 |
| 2020 | $1.1M | $971K | $6.3M | $4.6M | — | — |
| 2019 | $1.4M | $898K | $6.3M | $4.6M | — | View 990 |
| 2018 | $1.1M | $893K | $5.9M | $4.7M | — | View 990 |
| 2017 | $750K | $883K | $5.8M | $4.8M | — | View 990 |
| 2016 | $776K | $856K | $6.1M | $4.9M | — | View 990 |
| 2015 | $757K | $822K | $6.4M | $5.1M | — | View 990 |
| 2014 | $704K | $748K | $6.5M | $5.2M | — | View 990 |
| 2013 | $622K | $835K | $6.6M | $5.2M | — | View 990 |
| 2012 | $561K | $732K | $6.6M | $5.0M | — | View 990 |
| 2011 | $413K | $304K | $6.9M | $5.2M | — | View 990 |
| 2010 | $492K | $375K | $2.8M | $1.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.0M, expenses of $1.0M, and assets of $5.1M (revenue +19.2% year-over-year).
- 2022: Revenue of $875K, expenses of $1.1M, and assets of $5.3M (revenue +101.0% year-over-year).
- 2021: Revenue of $435K, expenses of $1.1M, and assets of $5.6M (revenue -59.4% year-over-year).
- 2020: Revenue of $1.1M, expenses of $971K, and assets of $6.3M (revenue -22.1% year-over-year).
- 2019: Revenue of $1.4M, expenses of $898K, and assets of $6.3M (revenue +28.5% year-over-year).
- 2018: Revenue of $1.1M, expenses of $893K, and assets of $5.9M (revenue +42.6% year-over-year).
- 2017: Revenue of $750K, expenses of $883K, and assets of $5.8M (revenue -3.3% year-over-year).
- 2016: Revenue of $776K, expenses of $856K, and assets of $6.1M (revenue +2.5% year-over-year).
- 2015: Revenue of $757K, expenses of $822K, and assets of $6.4M (revenue +7.5% year-over-year).
- 2014: Revenue of $704K, expenses of $748K, and assets of $6.5M (revenue +13.2% year-over-year).
- 2013: Revenue of $622K, expenses of $835K, and assets of $6.6M (revenue +10.9% year-over-year).
- 2012: Revenue of $561K, expenses of $732K, and assets of $6.6M (revenue +35.9% year-over-year).
- 2011: Revenue of $413K, expenses of $304K, and assets of $6.9M (revenue -16.1% year-over-year).
- 2010: Revenue of $492K, expenses of $375K, and assets of $2.8M.
Data Sources and Methodology
This transparency report for Presentation School 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.