Preston Benevolent Fund Inc 216 Main St
EIN: 810461224 · Missoula, MT
| Metric | Value |
|---|---|
| Total Revenue | $3K |
| Total Expenses | $4K |
| Net Assets | $33K |
Is Preston Benevolent Fund Inc 216 Main St Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Preston Benevolent Fund Inc 216 Main St
Preston Benevolent Fund Inc 216 Main St (EIN: 810461224) is a nonprofit organization based in Missoula, MT. The organization reported total revenue of $3K and total assets of $34K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Preston Benevolent Fund Inc 216 Main St's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Preston Benevolent Fund Inc 216 Main St is a micro nonprofit that has been operating for 34 years, with 9 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $4K |
| Surplus / Deficit | $-1,878 |
| Total Assets | $33K |
| Total Liabilities | $1 |
| Net Assets | $33K |
| Operating Margin | -77.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 93.3 months |
Financial Health Grade: B
In 2023, Preston Benevolent Fund Inc 216 Main St reported a deficit of $2K with expenses exceeding revenue, holds 93.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 9 years of filings (2011–2023), Preston Benevolent Fund Inc 216 Main St's revenue has grown at a compound annual growth rate (CAGR) of 10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.2% | +81.6% | -5.3% |
| 2022 | -21.4% | -16.7% | +0.0% |
| 2021 | +16.4% | -5.1% | +0.5% |
| 2020 | +6.7% | -5.2% | -3.9% |
| 2015 | +6.9% | -2.9% | -2.0% |
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 Preston Benevolent Fund Inc 216 Main St 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 Preston Benevolent Fund Inc 216 Main St 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $2K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Preston Benevolent Fund Inc 216 Main St
Is Preston Benevolent Fund Inc 216 Main St a legitimate charity?
Preston Benevolent Fund Inc 216 Main St (EIN: 810461224) is a registered tax-exempt nonprofit based in Montana. It has 9 years of IRS 990 filings on record. Total revenue: $3K. No red flags identified. Financial health grade: B.
How does Preston Benevolent Fund Inc 216 Main St spend its money?
Preston Benevolent Fund Inc 216 Main St reported $3K in total revenue in IRS 990 filings. 9 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Preston Benevolent Fund Inc 216 Main St tax-deductible?
Preston Benevolent Fund Inc 216 Main St is registered as a tax-exempt nonprofit (EIN: 810461224). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Preston Benevolent Fund Inc 216 Main St located?
Preston Benevolent Fund Inc 216 Main St is headquartered in Missoula, Montana and files with the IRS under EIN 810461224.
How many years of IRS 990 filings does Preston Benevolent Fund Inc 216 Main St have?
Preston Benevolent Fund Inc 216 Main St has 9 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 $3K in total revenue.
Filing History
IRS 990 filing history for Preston Benevolent Fund Inc 216 Main St showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2011–2023), Preston Benevolent Fund Inc 216 Main St's revenue has grown by 220.2%, moving from $754 to $2K. Total assets decreased by 6.7% over the same period, from $36K to $33K. Total functional expenses rose by 51.9%, from $3K to $4K. In its most recent filing year (2023), Preston Benevolent Fund Inc 216 Main St reported a deficit of $2K, with expenses exceeding revenue. The organization holds $1 in liabilities against $33K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $33K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2K | $4K | $33K | $1 | — | View 990 |
| 2022 | $2K | $2K | $35K | $1 | — | — |
| 2021 | $3K | $3K | $35K | $1 | — | — |
| 2020 | $3K | $3K | $35K | $1 | — | — |
| 2015 | $2K | $3K | $37K | $1 | — | View 990 |
| 2014 | $2K | $3K | $37K | $1 | — | View 990 |
| 2013 | $4K | $3K | $38K | $1 | — | View 990 |
| 2012 | $2K | $2K | $37K | $1 | — | View 990 |
| 2011 | $754 | $3K | $36K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2K, expenses of $4K, and assets of $33K (revenue +2.2% year-over-year).
- 2022: Revenue of $2K, expenses of $2K, and assets of $35K (revenue -21.4% year-over-year).
- 2021: Revenue of $3K, expenses of $3K, and assets of $35K (revenue +16.4% year-over-year).
- 2020: Revenue of $3K, expenses of $3K, and assets of $35K (revenue +6.7% year-over-year).
- 2015: Revenue of $2K, expenses of $3K, and assets of $37K (revenue +6.9% year-over-year).
- 2014: Revenue of $2K, expenses of $3K, and assets of $37K (revenue -48.8% year-over-year).
- 2013: Revenue of $4K, expenses of $3K, and assets of $38K (revenue +103.5% year-over-year).
- 2012: Revenue of $2K, expenses of $2K, and assets of $37K (revenue +188.3% year-over-year).
- 2011: Revenue of $754, expenses of $3K, and assets of $36K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Preston Benevolent Fund Inc 216 Main St:
Data Sources and Methodology
This transparency report for Preston Benevolent Fund Inc 216 Main St 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.