Preserve Master Community Corporation
Preserve Master Community Corporation shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 202322652 · Irvine, CA · NTEE: L50 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.9M |
| Total Expenses | $2.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $2 |
| Net Assets | $2.5M |
| Transparency Score | 85/100 |
Is Preserve Master Community Corporation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Preserve Master Community Corporation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Preserve Master Community Corporation
Preserve Master Community Corporation (EIN: 202322652) is a nonprofit organization based in Irvine, CA, classified under NTEE code L50. The organization reported total revenue of $2.9M and total assets of $3.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Preserve Master Community Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Preserve Master Community Corporation is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.2M |
| Total Expenses | $2.0M |
| Surplus / Deficit | +$188K |
| Total Assets | $2.8M |
| Total Liabilities | $285K |
| Net Assets | $2.5M |
| Operating Margin | 8.5% |
| Debt-to-Asset Ratio | 10.1% |
| Months of Reserves | 16.6 months |
Financial Health Grade: A
In 2023, Preserve Master Community Corporation reported a surplus of $188K with revenue exceeding expenses, holds 16.6 months of operating reserves (strong position), has a debt-to-asset ratio of 10.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Preserve Master Community Corporation's revenue has grown at a compound annual growth rate (CAGR) of 6.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.6% | +7.5% | +17.4% |
| 2022 | +8.6% | +34.0% | +5.5% |
| 2021 | +52.0% | +6.3% | +22.0% |
| 2020 | -26.3% | +17.3% | +9.0% |
| 2019 | +7.5% | -8.2% | +29.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2005 |
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 Preserve Master Community Corporation 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: 85%
- fundraising: 5%
According to IRS 990 filings, Preserve Master Community Corporation 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $188K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.1%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is highly unusual for an organization of its size with over $2 million in annual revenue. This suggests either a fully volunteer executive leadership or that executive compensation is categorized under other expense lines, warranting further investigation for complete transparency.
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 Preserve Master Community Corporation's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate compensation is reported elsewhere or a lack of transparency in this specific area.
Strengths
The following positive indicators were identified for Preserve Master Community Corporation:
- Consistent revenue growth, increasing from $999,273 in 2015 to $2,226,822 in 2023.
- Strong asset accumulation, growing from $1,076,387 in 2015 to $2,827,377 in 2023.
- Healthy financial position with assets significantly exceeding liabilities ($2,827,377 assets vs. $285,374 liabilities in 2023).
- Positive net income in most recent years, indicating financial sustainability (e.g., $2,226,822 revenue vs. $2,038,587 expenses in 2023).
Frequently Asked Questions about Preserve Master Community Corporation
Is Preserve Master Community Corporation a legitimate charity?
Preserve Master Community Corporation (EIN: 202322652) is a registered tax-exempt nonprofit based in California. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.9M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Preserve Master Community Corporation spend its money?
Preserve Master Community Corporation directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Preserve Master Community Corporation tax-deductible?
Preserve Master Community Corporation is registered as a tax-exempt nonprofit (EIN: 202322652). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Preserve Master Community Corporation CEO make?
Preserve Master Community Corporation's highest-compensated officer earns $2 annually. The organization reported $2.9M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Preserve Master Community Corporation's spending goes to programs?
Preserve Master Community Corporation directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Preserve Master Community Corporation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Preserve Master Community Corporation is above average for NTEE category L50 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Preserve Master Community Corporation located?
Preserve Master Community Corporation is headquartered in Irvine, California and files with the IRS under EIN 202322652. It is classified under NTEE code L50.
How many years of IRS 990 filings does Preserve Master Community Corporation have?
Preserve Master Community Corporation 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 $2.9M in total revenue.
Is Preserve Master Community Corporation a good charity?
Based on the available data, Preserve Master Community Corporation appears to be a financially stable organization with consistent growth in revenue and assets. The absence of reported officer compensation is a unique characteristic that could indicate a strong commitment to directing resources to its mission, or it could be an area for further inquiry regarding how leadership is compensated.
How does Preserve Master Community Corporation manage its finances?
The organization demonstrates sound financial management, consistently generating more revenue than expenses in most recent years (e.g., $2,226,822 revenue vs. $2,038,587 expenses in 2023) and accumulating significant assets ($2,827,377 in 2023). Liabilities are well-managed relative to assets, indicating financial stability.
What is the trend in Preserve Master Community Corporation's revenue and expenses?
Preserve Master Community Corporation has shown a strong upward trend in revenue, growing from $999,273 in 2015 to $2,226,822 in 2023. Expenses have also increased but generally at a slower pace than revenue, leading to positive net income in most recent periods.
Filing History
IRS 990 filing history for Preserve Master Community Corporation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Preserve Master Community Corporation's revenue has grown by 109.4%, moving from $1.1M to $2.2M. Total assets increased by 221.3% over the same period, from $880K to $2.8M. Total functional expenses rose by 125.2%, from $905K to $2.0M. In its most recent filing year (2023), Preserve Master Community Corporation reported a surplus of $188K, with revenue exceeding expenses. The organization holds $285K in liabilities against $2.8M in assets (debt-to-asset ratio: 10.1%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.2M | $2.0M | $2.8M | $285K | — | View 990 |
| 2022 | $1.8M | $1.9M | $2.4M | $204K | — | View 990 |
| 2021 | $1.7M | $1.4M | $2.3M | $187K | — | — |
| 2020 | $1.1M | $1.3M | $1.9M | $90K | — | View 990 |
| 2019 | $1.5M | $1.1M | $1.7M | $122K | — | View 990 |
| 2018 | $1.4M | $1.2M | $1.3M | $103K | — | View 990 |
| 2017 | $1.2M | $1.1M | $1.2M | $102K | — | View 990 |
| 2016 | $1.1M | $965K | $1.1M | $89K | — | View 990 |
| 2015 | $999K | $1.2M | $1.1M | $179K | — | View 990 |
| 2014 | $1.0M | $1.1M | $1.3M | $147K | — | View 990 |
| 2013 | $1.1M | $849K | $1.3M | $91K | — | View 990 |
| 2012 | $1.1M | $842K | $1.1M | $109K | — | View 990 |
| 2011 | $1.1M | $905K | $880K | $98K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.2M, expenses of $2.0M, and assets of $2.8M (revenue +21.6% year-over-year).
- 2022: Revenue of $1.8M, expenses of $1.9M, and assets of $2.4M (revenue +8.6% year-over-year).
- 2021: Revenue of $1.7M, expenses of $1.4M, and assets of $2.3M (revenue +52.0% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.3M, and assets of $1.9M (revenue -26.3% year-over-year).
- 2019: Revenue of $1.5M, expenses of $1.1M, and assets of $1.7M (revenue +7.5% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.2M, and assets of $1.3M (revenue +19.7% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.1M, and assets of $1.2M (revenue +6.3% year-over-year).
- 2016: Revenue of $1.1M, expenses of $965K, and assets of $1.1M (revenue +10.0% year-over-year).
- 2015: Revenue of $999K, expenses of $1.2M, and assets of $1.1M (revenue -1.3% year-over-year).
- 2014: Revenue of $1.0M, expenses of $1.1M, and assets of $1.3M (revenue -4.2% year-over-year).
- 2013: Revenue of $1.1M, expenses of $849K, and assets of $1.3M (revenue -0.1% year-over-year).
- 2012: Revenue of $1.1M, expenses of $842K, and assets of $1.1M (revenue -0.6% year-over-year).
- 2011: Revenue of $1.1M, expenses of $905K, and assets of $880K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Preserve Master Community Corporation:
Data Sources and Methodology
This transparency report for Preserve Master Community Corporation 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.