Price Foundation
Price Foundation shows recent revenue growth but historical expense-to-revenue imbalances and fluctuating assets.
EIN: 134089164 · Las Vegas, NV · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $446K |
| Total Expenses | $238K |
| Program Spending | 80% |
| Net Assets | $224K |
| Transparency Score | 65/100 |
Is Price Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Price Foundation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Price Foundation
Price Foundation (EIN: 134089164) is a nonprofit organization based in Las Vegas, NV, classified under NTEE code T22. The organization reported total revenue of $446K and total assets of $362K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Price Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Price Foundation is a small nonprofit that has been operating for 25 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 69.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $319K |
| Total Expenses | $238K |
| Surplus / Deficit | +$81K |
| Total Assets | $224K |
| Total Liabilities | $390 |
| Net Assets | $224K |
| Operating Margin | 25.5% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 11.3 months |
Financial Health Grade: A
In 2023, Price Foundation reported a surplus of $81K with revenue exceeding expenses, holds 11.3 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Price Foundation's revenue has grown at a compound annual growth rate (CAGR) of 69.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.6% | +1.1% | +57.1% |
| 2022 | +17.0% | +2.5% | +5.6% |
| 2021 | -16.0% | -41.9% | -13.9% |
| 2020 | +109.6% | +19.9% | -48.4% |
| 2019 | +223.8% | -44.7% | +282.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Price Foundation with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Price Foundation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $81K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that the organization's officers are not drawing salaries, which is highly unusual for an organization with its level of revenue and expenses.
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 Price Foundation's IRS 990 filings:
- Historical periods of expenses significantly exceeding revenue (e.g., 2015: $594,598 expenses vs. $36,375 revenue)
- Significant volatility in asset base over the past decade (from $1,031,020 in 2011 to $79,643 in 2015)
- Lack of detailed functional expense breakdown in summary data to assess program efficiency accurately
- Consistent 0% officer compensation, which, while low overhead, can raise questions about leadership sustainability or other forms of compensation not captured.
Strengths
The following positive indicators were identified for Price Foundation:
- Consistent reporting of 0% officer compensation, indicating very low executive overhead.
- Low and stable liabilities across all reported periods ($390-$500), suggesting good debt management.
- Recent positive trend in revenue growth (from $207,392 in 2021 to $319,097 in 2023).
- Long history of IRS 990 filings (10 filings), indicating transparency in financial reporting.
Frequently Asked Questions about Price Foundation
Is Price Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Price Foundation (EIN: 134089164) some concerns. Mission Score: 65/100. 4 red flags identified, 4 strengths noted.
How does Price Foundation spend its money?
Price Foundation directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Price Foundation tax-deductible?
Price Foundation is registered as a tax-exempt nonprofit (EIN: 134089164). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Price Foundation's spending goes to programs?
Price Foundation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Price Foundation compare to similar nonprofits?
With a transparency score of 65/100 (Good), Price Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Price Foundation located?
Price Foundation is headquartered in Las Vegas, Nevada and files with the IRS under EIN 134089164. It is classified under NTEE code T22.
How many years of IRS 990 filings does Price Foundation have?
Price Foundation has 10 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 $446K in total revenue.
How does Price Foundation sustain operations with historical expense-to-revenue deficits?
The organization likely relies on accumulated assets from prior periods or significant one-time donations to cover operational shortfalls, as seen in periods like 2015 where expenses ($594,598) vastly exceeded revenue ($36,375).
What are the specific program activities funded by Price Foundation?
The provided data does not detail specific program activities, only financial summaries. Further investigation into their 990 forms or website would be needed to understand their programs.
Why has the organization's asset base fluctuated so dramatically over the years?
Assets have ranged from over $1 million in 2011 to under $80,000 in 2015, then recovering to $362,490. This could be due to significant asset sales, large program expenditures, or inconsistent investment performance.
Is the 0% officer compensation sustainable for long-term organizational leadership?
While admirable for minimizing overhead, a sustained 0% officer compensation might indicate reliance on volunteer leadership or undisclosed compensation methods, which could impact long-term stability and professional management.
Filing History
IRS 990 filing history for Price Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Price Foundation's revenue has grown by 55783.9%, moving from $571 to $319K. Total assets decreased by 78.3% over the same period, from $1.0M to $224K. Total functional expenses rose by 223.6%, from $73K to $238K. In its most recent filing year (2023), Price Foundation reported a surplus of $81K, with revenue exceeding expenses. The organization holds $390 in liabilities against $224K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $224K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $319K | $238K | $224K | $390 | — | View 990 |
| 2022 | $243K | $235K | $143K | $390 | — | View 990 |
| 2021 | $207K | $229K | $135K | $390 | — | View 990 |
| 2020 | $247K | $394K | $157K | $390 | — | View 990 |
| 2019 | $118K | $329K | $304K | $390 | — | View 990 |
| 2015 | $36K | $595K | $80K | $390 | — | View 990 |
| 2014 | $30K | $157K | $638K | $500 | — | View 990 |
| 2013 | $868 | $143K | $765K | $500 | — | View 990 |
| 2012 | $2K | $126K | $907K | $500 | — | View 990 |
| 2011 | $571 | $73K | $1.0M | $500 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $319K, expenses of $238K, and assets of $224K (revenue +31.6% year-over-year).
- 2022: Revenue of $243K, expenses of $235K, and assets of $143K (revenue +17.0% year-over-year).
- 2021: Revenue of $207K, expenses of $229K, and assets of $135K (revenue -16.0% year-over-year).
- 2020: Revenue of $247K, expenses of $394K, and assets of $157K (revenue +109.6% year-over-year).
- 2019: Revenue of $118K, expenses of $329K, and assets of $304K (revenue +223.8% year-over-year).
- 2015: Revenue of $36K, expenses of $595K, and assets of $80K (revenue +20.3% year-over-year).
- 2014: Revenue of $30K, expenses of $157K, and assets of $638K (revenue +3382.8% year-over-year).
- 2013: Revenue of $868, expenses of $143K, and assets of $765K (revenue -43.8% year-over-year).
- 2012: Revenue of $2K, expenses of $126K, and assets of $907K (revenue +170.6% year-over-year).
- 2011: Revenue of $571, expenses of $73K, and assets of $1.0M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Price Foundation:
Data Sources and Methodology
This transparency report for Price 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.