Prestera Group Home Corporation
EIN: 550718610 · Huntington, WV
| Metric | Value |
|---|---|
| Total Revenue | $43K |
| Total Expenses | $47K |
| Net Assets | $95K |
Is Prestera Group Home Corporation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Prestera Group Home Corporation
Prestera Group Home Corporation (EIN: 550718610) is a nonprofit organization based in Huntington, WV. The organization reported total revenue of $43K and total assets of $96K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Prestera Group Home Corporation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Prestera Group Home Corporation is a micro nonprofit that has been operating for 34 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $42K |
| Total Expenses | $47K |
| Surplus / Deficit | $-5,730 |
| Total Assets | $113K |
| Total Liabilities | $18K |
| Net Assets | $95K |
| Operating Margin | -13.8% |
| Debt-to-Asset Ratio | 15.6% |
| Months of Reserves | 28.6 months |
Financial Health Grade: B
In 2022, Prestera Group Home Corporation reported a deficit of $6K with expenses exceeding revenue, holds 28.6 months of operating reserves (strong position), has a debt-to-asset ratio of 15.6% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Prestera Group Home Corporation's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +7.4% | -18.6% | -5.6% |
| 2021 | +0.3% | +13.0% | -10.0% |
| 2020 | -17.3% | +8.0% | -5.8% |
| 2019 | +14.5% | -2.8% | -2.3% |
| 2018 | +12.6% | +1.4% | -4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Prestera Group Home Corporation has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Prestera Group Home Corporation with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $6K, with expenses exceeding revenue.
- Debt-to-asset ratio: 15.6%.
Frequently Asked Questions about Prestera Group Home Corporation
Is Prestera Group Home Corporation a legitimate charity?
Prestera Group Home Corporation (EIN: 550718610) is a registered tax-exempt nonprofit based in West Virginia. It has 12 years of IRS 990 filings on record. Total revenue: $43K. No red flags identified. Financial health grade: B.
How does Prestera Group Home Corporation spend its money?
Prestera Group Home Corporation reported $43K in total revenue in IRS 990 filings. 12 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Prestera Group Home Corporation tax-deductible?
Prestera Group Home Corporation is registered as a tax-exempt nonprofit (EIN: 550718610). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Prestera Group Home Corporation located?
Prestera Group Home Corporation is headquartered in Huntington, West Virginia and files with the IRS under EIN 550718610.
How many years of IRS 990 filings does Prestera Group Home Corporation have?
Prestera Group Home Corporation has 12 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 $43K in total revenue.
Filing History
IRS 990 filing history for Prestera Group Home Corporation showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Prestera Group Home Corporation's revenue has grown by 116.9%, moving from $19K to $42K. Total assets decreased by 45.1% over the same period, from $206K to $113K. Total functional expenses rose by 68.8%, from $28K to $47K. In its most recent filing year (2022), Prestera Group Home Corporation reported a deficit of $6K, with expenses exceeding revenue. The organization holds $18K in liabilities against $113K in assets (debt-to-asset ratio: 15.6%), resulting in net assets of $95K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $42K | $47K | $113K | $18K | — | View 990 |
| 2021 | $39K | $58K | $120K | $19K | — | View 990 |
| 2020 | $39K | $51K | $133K | $13K | — | — |
| 2019 | $47K | $48K | $141K | $8K | — | View 990 |
| 2018 | $41K | $49K | $144K | $10K | — | View 990 |
| 2017 | $36K | $48K | $151K | $9K | — | View 990 |
| 2016 | $30K | $41K | $160K | $6K | — | View 990 |
| 2015 | $30K | $31K | $170K | $230K | — | View 990 |
| 2014 | $26K | $33K | $177K | $236K | — | View 990 |
| 2013 | $25K | $30K | $180K | $232K | — | View 990 |
| 2012 | $22K | $33K | $185K | $231K | — | View 990 |
| 2011 | $19K | $28K | $206K | $240K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $42K, expenses of $47K, and assets of $113K (revenue +7.4% year-over-year).
- 2021: Revenue of $39K, expenses of $58K, and assets of $120K (revenue +0.3% year-over-year).
- 2020: Revenue of $39K, expenses of $51K, and assets of $133K (revenue -17.3% year-over-year).
- 2019: Revenue of $47K, expenses of $48K, and assets of $141K (revenue +14.5% year-over-year).
- 2018: Revenue of $41K, expenses of $49K, and assets of $144K (revenue +12.6% year-over-year).
- 2017: Revenue of $36K, expenses of $48K, and assets of $151K (revenue +19.9% year-over-year).
- 2016: Revenue of $30K, expenses of $41K, and assets of $160K (revenue +2.2% year-over-year).
- 2015: Revenue of $30K, expenses of $31K, and assets of $170K (revenue +14.7% year-over-year).
- 2014: Revenue of $26K, expenses of $33K, and assets of $177K (revenue +3.2% year-over-year).
- 2013: Revenue of $25K, expenses of $30K, and assets of $180K (revenue +15.1% year-over-year).
- 2012: Revenue of $22K, expenses of $33K, and assets of $185K (revenue +13.0% year-over-year).
- 2011: Revenue of $19K, expenses of $28K, and assets of $206K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Prestera Group Home Corporation:
Data Sources and Methodology
This transparency report for Prestera Group Home 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.