Prodisee Pantry Inc
Prodisee Pantry Inc consistently directs all funds to programs with no executive compensation, maintaining strong financial health.
EIN: 203951245 · Spanish Fort, AL · NTEE: M20 · Updated: 2026-03-28
Is Prodisee Pantry Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Prodisee Pantry Inc directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Prodisee Pantry Inc
Prodisee Pantry Inc (EIN: 203951245) is a nonprofit organization based in Spanish Fort, AL, classified under NTEE code M20. The organization reported total revenue of $3.1M and total assets of $5.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Prodisee Pantry Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Prodisee Pantry Inc is a mid-size nonprofit that has been operating for 20 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$341K |
| Total Assets | $4.1M |
| Total Liabilities | $32K |
| Net Assets | $4.1M |
| Operating Margin | 22.3% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 41.6 months |
Financial Health Grade: A
In 2023, Prodisee Pantry Inc reported a surplus of $341K with revenue exceeding expenses, holds 41.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Prodisee Pantry Inc's revenue has grown at a compound annual growth rate (CAGR) of 1.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +2.3% | +3.1% | +9.8% |
| 2022 | -21.8% | -22.0% | +10.3% |
| 2021 | -61.4% | -61.1% | +14.7% |
| 2020 | +380.3% | +252.4% | +47.9% |
| 2019 | -22.5% | -13.2% | -3.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Prodisee Pantry Inc with a Mission Score of 98 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Prodisee Pantry Inc allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $341K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Executive Compensation Analysis
Prodisee Pantry Inc reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated at extremely low levels, which is highly efficient for a nonprofit of its size with assets over $5 million.
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.
Strengths
The following positive indicators were identified for Prodisee Pantry Inc:
- Zero officer compensation reported across all filings, indicating high efficiency and dedication to mission.
- Consistent asset growth, from $1.7M in 2014 to $5.5M currently, demonstrating strong financial management.
- Healthy surplus of revenue over expenses in most years, contributing to financial stability.
- Low liabilities relative to assets, indicating a strong balance sheet and minimal debt burden.
- Consistent IRS 990 filing history over 13 periods, demonstrating transparency and compliance.
Frequently Asked Questions about Prodisee Pantry Inc
Is Prodisee Pantry Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Prodisee Pantry Inc (EIN: 203951245) appears legitimate. Mission Score: 98/100. 0 red flags identified, 5 strengths noted.
How does Prodisee Pantry Inc spend its money?
Prodisee Pantry Inc directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Prodisee Pantry Inc tax-deductible?
Prodisee Pantry Inc is registered as a tax-exempt nonprofit (EIN: 203951245). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Prodisee Pantry Inc a good charity?
Yes, Prodisee Pantry Inc appears to be an excellent charity. It consistently reports 0% officer compensation, indicating that nearly all funds are directed towards its mission. Its financial health is strong, with growing assets and low liabilities, and it maintains a healthy surplus of revenue over expenses in most years.
How does Prodisee Pantry Inc manage its administrative costs?
The organization manages administrative costs exceptionally well, primarily by reporting 0% officer compensation across all filings. This suggests a highly efficient operational model where leadership costs are minimized, allowing a greater proportion of funds to be allocated to program services.
What is the trend in Prodisee Pantry Inc's financial growth?
Prodisee Pantry Inc has shown consistent asset growth, from $1,710,444 in 2014 to $5,592,489 currently. While revenue has fluctuated, with a peak in 2020, the organization has consistently maintained a positive net asset position and grown its overall financial capacity.
Filing History
IRS 990 filing history for Prodisee Pantry Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Prodisee Pantry Inc's revenue has grown by 22.3%, moving from $1.2M to $1.5M. Total assets increased by 161.8% over the same period, from $1.6M to $4.1M. Total functional expenses rose by 96.1%, from $604K to $1.2M. In its most recent filing year (2023), Prodisee Pantry Inc reported a surplus of $341K, with revenue exceeding expenses. The organization holds $32K in liabilities against $4.1M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $4.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.2M | $4.1M | $32K | — | View 990 |
| 2022 | $1.5M | $1.1M | $3.7M | $17K | — | View 990 |
| 2021 | $1.9M | $1.5M | $3.4M | $10K | — | View 990 |
| 2020 | $4.9M | $3.8M | $3.0M | $9K | — | View 990 |
| 2019 | $1.0M | $1.1M | $2.0M | $200K | — | View 990 |
| 2018 | $1.3M | $1.2M | $2.1M | $217K | — | View 990 |
| 2017 | $1.4M | $1.2M | $2.0M | $239K | — | View 990 |
| 2016 | $1.3M | $1.4M | $1.9M | $260K | — | View 990 |
| 2015 | $1.5M | $1.2M | $2.0M | $291K | — | View 990 |
| 2014 | $1.2M | $1.1M | $1.7M | $301K | — | View 990 |
| 2013 | $918K | $809K | $1.6M | $336K | — | View 990 |
| 2012 | $739K | $725K | $1.6M | $353K | — | View 990 |
| 2011 | $1.2M | $604K | $1.6M | $380K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.2M, and assets of $4.1M (revenue +2.3% year-over-year).
- 2022: Revenue of $1.5M, expenses of $1.1M, and assets of $3.7M (revenue -21.8% year-over-year).
- 2021: Revenue of $1.9M, expenses of $1.5M, and assets of $3.4M (revenue -61.4% year-over-year).
- 2020: Revenue of $4.9M, expenses of $3.8M, and assets of $3.0M (revenue +380.3% year-over-year).
- 2019: Revenue of $1.0M, expenses of $1.1M, and assets of $2.0M (revenue -22.5% year-over-year).
- 2018: Revenue of $1.3M, expenses of $1.2M, and assets of $2.1M (revenue -3.3% year-over-year).
- 2017: Revenue of $1.4M, expenses of $1.2M, and assets of $2.0M (revenue +6.5% year-over-year).
- 2016: Revenue of $1.3M, expenses of $1.4M, and assets of $1.9M (revenue -16.0% year-over-year).
- 2015: Revenue of $1.5M, expenses of $1.2M, and assets of $2.0M (revenue +27.8% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.1M, and assets of $1.7M (revenue +30.7% year-over-year).
- 2013: Revenue of $918K, expenses of $809K, and assets of $1.6M (revenue +24.2% year-over-year).
- 2012: Revenue of $739K, expenses of $725K, and assets of $1.6M (revenue -40.8% year-over-year).
- 2011: Revenue of $1.2M, expenses of $604K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Prodisee Pantry Inc:
Data Sources and Methodology
This transparency report for Prodisee Pantry 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.