Printing Industries Of America Foundation

Printing Industries Of America Foundation's assets depleted to $0 in 2020 amid significant revenue decline.

EIN: 131661596 · Wexford, PA · NTEE: A034 · Updated: 2026-03-28

$861KRevenue

$0Assets

35/100Mission Score (Poor)

A034

About Printing Industries Of America Foundation

Printing Industries Of America Foundation (EIN: 131661596) is a nonprofit organization based in Wexford, PA, classified under NTEE code A034. The organization reported total revenue of $861K and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Printing Industries Of America Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Printing Industries Of America Foundation exhibits a concerning financial trend, with a significant decline in revenue from over $3 million in 2011 to $860,696 in 2020. This substantial drop, coupled with the complete depletion of assets from over $3 million in prior years to $0 in 2020, raises serious questions about the organization's long-term sustainability and financial management. While the organization reported 0% officer compensation across all filings, which is a positive indicator of resource allocation away from executive pay, the overall financial health appears to be in a precarious state.

The spending efficiency in 2020 shows expenses ($826,920) closely tracking revenue ($860,696), indicating that the organization is spending nearly all its income. However, without a detailed breakdown of program versus administrative and fundraising expenses for the latest year, it's difficult to fully assess efficiency. The dramatic reduction in assets to zero suggests a potential liquidation or significant restructuring, which would impact its capacity to deliver on its mission. The lack of assets also implies a lack of financial reserves, making the organization vulnerable to future financial shocks.

In terms of transparency, the consistent filing of IRS Form 990s over ten years is a positive sign. However, the sudden and complete disappearance of assets in the latest filing period warrants further investigation and clearer explanation from the organization. While the 0% officer compensation is transparently reported, the broader financial picture, particularly the asset depletion, requires more detailed disclosure to fully understand the organization's current operational status and future viability.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Printing Industries Of America Foundation with a Mission Score of 35 out of 100 (Poor). 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, Printing Industries Of America 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.

Executive Compensation Analysis

Executive compensation has consistently been reported as 0% across all available filings, indicating that no officers received compensation from the organization, which is highly unusual for an organization with revenues previously in the multi-millions.

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 Printing Industries Of America Foundation's IRS 990 filings:

Complete depletion of assets to $0 in 2020 from over $3 million in prior years.
Significant and consistent decline in revenue from over $3 million in 2011 to $860,696 in 2020.
Lack of financial reserves indicated by zero assets, making the organization highly vulnerable.
Unexplained drastic financial changes between 2019 and 2020 filings.

Strengths

The following positive indicators were identified for Printing Industries Of America Foundation:

Consistent filing of IRS Form 990s over ten years, indicating compliance with reporting requirements.
0% officer compensation reported across all filings, suggesting resources are not diverted to executive pay.

Frequently Asked Questions about Printing Industries Of America Foundation

What caused the complete depletion of the organization's assets from $3,635,149 in 2019 to $0 in 2020?

The IRS 990 filings do not provide a specific explanation for this drastic change, which is a critical piece of information for understanding the organization's financial stability.

How does the organization plan to sustain its operations with $0 in assets and significantly reduced revenue?

The filings do not detail future financial strategies or plans for operating without any reported assets, which is a major concern for its long-term viability.

What specific programs or activities did the organization fund with its $826,920 in expenses in 2020?

The provided data does not offer a detailed breakdown of how the expenses were allocated between program services, administrative costs, and fundraising efforts for the latest period.

Is the organization still actively operating given its current financial state?

While a 990 was filed for 2020, the financial data, particularly the zero assets, raises questions about the scope and nature of its current operations.

Filing History

IRS 990 filing history for Printing Industries Of America Foundation showing financial trends over 10 years of public records:

Over 10 years of IRS 990 filings (2011–2020), Printing Industries Of America Foundation's revenue has declined by 73.2%, moving from $3.2M to $861K. Total assets decreased by 100% over the same period, from $2.9M to $0. Total functional expenses fell by 75.3%, from $3.3M to $827K. In its most recent filing year (2020), Printing Industries Of America Foundation reported a surplus of $34K, with revenue exceeding expenses.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2020	$861K	$827K	$0	$0	—	View 990
2019	$2.4M	$2.0M	$3.6M	$314K	—	View 990
2018	$2.5M	$2.0M	$2.9M	$353K	—	View 990
2017	$1.8M	$1.9M	$3.4M	$913K	—	—
2016	$1.8M	$1.9M	$3.2M	$1.1M	—	View 990
2015	$1.5M	$1.9M	$3.1M	$1.2M	—	View 990
2014	$2.4M	$2.0M	$3.3M	$896K	—	View 990
2013	$2.3M	$3.0M	$2.8M	$822K	—	View 990
2012	$3.1M	$3.3M	$3.1M	$625K	—	View 990
2011	$3.2M	$3.3M	$2.9M	$246K	—	View 990

Year-by-Year Financial Summary

2020: Revenue of $861K, expenses of $827K, and assets of $0 (revenue -63.9% year-over-year).
2019: Revenue of $2.4M, expenses of $2.0M, and assets of $3.6M (revenue -2.7% year-over-year).
2018: Revenue of $2.5M, expenses of $2.0M, and assets of $2.9M (revenue +33.5% year-over-year).
2017: Revenue of $1.8M, expenses of $1.9M, and assets of $3.4M (revenue +2.7% year-over-year).
2016: Revenue of $1.8M, expenses of $1.9M, and assets of $3.2M (revenue +15.9% year-over-year).
2015: Revenue of $1.5M, expenses of $1.9M, and assets of $3.1M (revenue -36.3% year-over-year).
2014: Revenue of $2.4M, expenses of $2.0M, and assets of $3.3M (revenue +5.7% year-over-year).
2013: Revenue of $2.3M, expenses of $3.0M, and assets of $2.8M (revenue -25.8% year-over-year).
2012: Revenue of $3.1M, expenses of $3.3M, and assets of $3.1M (revenue -3.8% year-over-year).
2011: Revenue of $3.2M, expenses of $3.3M, and assets of $2.9M.

Data Sources and Methodology

This transparency report for Printing Industries Of America 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.