Price Foundation Inc
Price Foundation Inc. maintains strong asset growth and low liabilities with no reported officer compensation, despite fluctuating annual revenues and expenses.
EIN: 203012911 · Louisville, KY · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $6.7M |
| Total Expenses | $2.2M |
| Program Spending | 80% |
| Net Assets | $15.5M |
| Transparency Score | 85/100 |
Is Price Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Price Foundation Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Price Foundation Inc
Price Foundation Inc (EIN: 203012911) is a nonprofit organization based in Louisville, KY, classified under NTEE code T22. The organization reported total revenue of $6.7M and total assets of $12.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Price Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Price Foundation Inc is a mid-size nonprofit that has been operating for 21 years, with 10 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 | $2.3M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$88K |
| Total Assets | $15.5M |
| Total Liabilities | $1 |
| Net Assets | $15.5M |
| Operating Margin | 3.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 84.5 months |
Financial Health Grade: A
In 2023, Price Foundation Inc reported a surplus of $88K with revenue exceeding expenses, holds 84.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Price Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 10.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +835.8% | +38.8% | +0.5% |
| 2022 | -94.9% | -31.5% | -8.3% |
| 2021 | +121.9% | +26.1% | +18.1% |
| 2020 | +255.2% | +156.1% | +2.5% |
| 2019 | +63.2% | +84.9% | +30820.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| 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 Price Foundation Inc 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Price Foundation Inc 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 $88K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Price Foundation Inc. consistently reports 0% officer compensation across all available filings, indicating either a volunteer-led executive team or that executive compensation is not reported in the 'Officer Comp' field, which is a positive sign for resource allocation directly to mission.
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 Inc's IRS 990 filings:
- Significant year-over-year fluctuations in revenue and expenses, making financial predictability challenging.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering precise spending efficiency analysis.
Strengths
The following positive indicators were identified for Price Foundation Inc:
- Consistently low liabilities, often reported as $1, indicating strong financial health and minimal debt.
- Zero reported officer compensation across all filings, suggesting efficient use of funds or volunteer leadership.
- Substantial growth in assets from $426,793 in 2011 to $15,503,932 in 2023, demonstrating strong financial management or capital accumulation.
- Positive net income in several years, such as 2023 ($2,289,075 revenue vs. $2,200,668 expenses) and 2021 ($4,831,677 revenue vs. $2,314,786 expenses).
Frequently Asked Questions about Price Foundation Inc
Is Price Foundation Inc a legitimate charity?
Price Foundation Inc (EIN: 203012911) is a registered tax-exempt nonprofit based in Kentucky. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $6.7M. 2 red flags identified. 4 strengths noted. Financial health grade: A.
How does Price Foundation Inc spend its money?
Price Foundation Inc directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Price Foundation Inc tax-deductible?
Price Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203012911). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Price Foundation Inc's spending goes to programs?
Price Foundation Inc directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Price Foundation Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Price Foundation Inc 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 Inc located?
Price Foundation Inc is headquartered in Louisville, Kentucky and files with the IRS under EIN 203012911. It is classified under NTEE code T22.
How many years of IRS 990 filings does Price Foundation Inc have?
Price Foundation Inc 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 $6.7M in total revenue.
Is Price Foundation Inc. financially stable?
Yes, the Price Foundation Inc. appears financially stable, evidenced by its substantial asset base of $15,503,932 in 2023 and consistently low liabilities, often reported as $1 across multiple years.
How does Price Foundation Inc. manage executive compensation?
The organization reports 0% officer compensation in all available filings, suggesting that executive leadership may be volunteer-based or compensated through other means not captured in this specific data point, which is generally positive for resource allocation.
What is the trend in the organization's revenue and expenses?
The organization exhibits highly fluctuating revenue and expenses. For example, revenue jumped from $244,605 in 2022 to $2,289,075 in 2023, while expenses also varied significantly, from $1,585,994 in 2022 to $2,200,668 in 2023.
Has the organization's asset base grown over time?
Yes, the organization's assets have shown significant growth, increasing from $426,793 in 2011 to $15,503,932 in 2023, indicating strong financial accumulation or investment.
Filing History
IRS 990 filing history for Price Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Price Foundation Inc's revenue has grown by 221.3%, moving from $712K to $2.3M. Total assets increased by 3532.7% over the same period, from $427K to $15.5M. Total functional expenses rose by 607.9%, from $311K to $2.2M. In its most recent filing year (2023), Price Foundation Inc reported a surplus of $88K, with revenue exceeding expenses. The organization holds $1 in liabilities against $15.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $15.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $2.3M | $2.2M | $15.5M | $1 | — | View 990 |
| 2022 | $245K | $1.6M | $15.4M | $9K | — | View 990 |
| 2021 | $4.8M | $2.3M | $16.8M | $69K | — | View 990 |
| 2020 | $2.2M | $1.8M | $14.2M | $8K | — | — |
| 2019 | $613K | $717K | $13.9M | $1 | — | View 990 |
| 2015 | $376K | $388K | $45K | $1 | — | View 990 |
| 2014 | $385K | $335K | $57K | $1 | — | View 990 |
| 2013 | $329K | $324K | $7K | $1 | — | View 990 |
| 2012 | $204K | $629K | $2K | $1 | — | View 990 |
| 2011 | $712K | $311K | $427K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.3M, expenses of $2.2M, and assets of $15.5M (revenue +835.8% year-over-year).
- 2022: Revenue of $245K, expenses of $1.6M, and assets of $15.4M (revenue -94.9% year-over-year).
- 2021: Revenue of $4.8M, expenses of $2.3M, and assets of $16.8M (revenue +121.9% year-over-year).
- 2020: Revenue of $2.2M, expenses of $1.8M, and assets of $14.2M (revenue +255.2% year-over-year).
- 2019: Revenue of $613K, expenses of $717K, and assets of $13.9M (revenue +63.2% year-over-year).
- 2015: Revenue of $376K, expenses of $388K, and assets of $45K (revenue -2.5% year-over-year).
- 2014: Revenue of $385K, expenses of $335K, and assets of $57K (revenue +17.0% year-over-year).
- 2013: Revenue of $329K, expenses of $324K, and assets of $7K (revenue +61.4% year-over-year).
- 2012: Revenue of $204K, expenses of $629K, and assets of $2K (revenue -71.4% year-over-year).
- 2011: Revenue of $712K, expenses of $311K, and assets of $427K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Price Foundation Inc:
Data Sources and Methodology
This transparency report for Price 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.