Promethean Genesis
Promethean Genesis consistently spends significantly more than its revenue, raising sustainability concerns.
EIN: 201844647 · Enterprise, OR · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $187K |
| Total Expenses | $435K |
| Program Spending | 60% |
| Net Assets | $7.8M |
| Transparency Score | 35/100 |
Search Intent Cockpit
Promethean Genesis Form 990, Revenue, CEO Pay, and IRS Filing Signals
Promethean Genesis is surfaced here as a decision-ready nonprofit financial profile, not just a charity listing. The page consolidates IRS Form 990 revenue, expenses, assets, tax-exempt classification, executive compensation, mission score, red flags, and year-by-year filing history so donors, researchers, journalists, and grant teams can answer the common search questions around Promethean Genesis in one place.
Form 990 Filing Summary
10 filing years are available, with latest revenue of $26K and expenses of $435K.
Revenue and Expenses
Promethean Genesis reported $26K in revenue and $435K in expenses, a deficit of $409K.
Executive Compensation
Officer, director, trustee, and key employee pay is reviewed from IRS 990 compensation disclosures when present.
Charity Score and Red Flags
35/100 mission score, 4 red flags, and 3 strengths are shown from structured and AI review.
Is Promethean Genesis Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
IRS 990 Data Cockpit
Where the Money Comes From and Where It Goes
Revenue Source Mix
Revenue-source line items are not available on the stored filing yet. Future ingestion now preserves contribution, program-revenue, and investment-income fields when ProPublica provides them.
Expense Deployment
| Program services | $261K (60%) |
Across stored filings, Promethean Genesis shows contribution history pending. Next enrichment targets: revenue-source fields, IRS BMF classification.
Decision Cockpit
One-Stop Donor, Research, and Peer Context Hub
| Decision Lens | Signal | What to Inspect Next |
|---|---|---|
| Legitimacy | Significant Concerns | Good filing record; 4 red flags identified |
| Mission spend | 60% to programs | Below Average |
| Financial durability | Grade B | 10 stored filing years |
| Peer context | Compare with River Restoration Northwest Inc | Oregon and Philanthropy context |
Trust Check
Review legitimacy, deductibility, red flags, and filing consistency.
Open charity check →Peer Benchmark
Compare against real state and category peers.
Compare with River Restoration Northwest Inc →All Oregon nonprofits
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Local and Sector Spokes
Move into this nonprofit's local market, category, and sector maps.
Enterprise, OR nonprofitsPhilanthropy in Oregon
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Follow the Money
Jump into spending, compensation, rankings, and filing-year evidence.
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Keep the Investigation Moving
Promethean Genesis directs 60% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.
About Promethean Genesis
Promethean Genesis (EIN: 201844647) is a nonprofit organization based in Enterprise, OR, classified under NTEE code T22. The organization reported total revenue of $187K and total assets of $9.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Promethean Genesis's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Promethean Genesis is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $26K |
| Total Expenses | $435K |
| Surplus / Deficit | $-409,020 |
| Total Assets | $7.8M |
| Total Liabilities | $1 |
| Net Assets | $7.8M |
| Operating Margin | -1560.5% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 215.8 months |
Financial Health Grade: B
In 2023, Promethean Genesis reported a deficit of $409K with expenses exceeding revenue, holds 215.8 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), Promethean Genesis's revenue has declined at a compound annual growth rate (CAGR) of -0.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.3% | +5.9% | -12.4% |
| 2022 | -65.7% | +2.8% | +0.6% |
| 2021 | +25.0% | -7.1% | -0.1% |
| 2020 | +481.7% | -0.2% | +6.0% |
| 2019 | -22.0% | +2690.0% | +2.5% |
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 Promethean Genesis 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: 30%
- programs: 60%
- fundraising: 10%
According to IRS 990 filings, Promethean Genesis allocates its expenses as follows: admin: 30%, programs: 60%, fundraising: 10%. Approximately 60% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $409K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Promethean Genesis consistently reports 0% officer compensation across all available filings, indicating that its leadership is either unpaid or compensated through non-officer roles, which is a positive for minimizing overhead.
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 Promethean Genesis's IRS 990 filings:
- Consistent and significant operating deficits (expenses far exceed revenue annually).
- Unsustainable financial model based on reported revenue and expenses.
- Lack of detailed expense breakdown to assess program efficiency.
- Declining asset base over time, potentially due to funding operational deficits.
Strengths
The following positive indicators were identified for Promethean Genesis:
- Zero reported officer compensation, indicating low executive overhead.
- Relatively low liabilities reported in most years.
- Substantial asset base, providing some financial cushion despite operating losses.
Frequently Asked Questions about Promethean Genesis
Is Promethean Genesis a legitimate charity?
Promethean Genesis (EIN: 201844647) is a registered tax-exempt nonprofit based in Oregon. Our AI analysis gives it a Mission Score of 35/100. It has 10 years of IRS 990 filings on record. Total revenue: $187K. 4 red flags identified. 3 strengths noted. Financial health grade: B.
How does Promethean Genesis spend its money?
Promethean Genesis directs 60% of its spending to programs and services. Fundraising costs 10%. This falls below the 65% benchmark.
Are donations to Promethean Genesis tax-deductible?
Promethean Genesis is registered as a tax-exempt nonprofit (EIN: 201844647). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Promethean Genesis's spending goes to programs?
Promethean Genesis directs 60% to programs, 10% to fundraising. This falls below the 65% industry benchmark, which may warrant further review by donors.
How does Promethean Genesis compare to similar nonprofits?
With a transparency score of 35/100 (Poor), Promethean Genesis is below average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Promethean Genesis located?
Promethean Genesis is headquartered in Enterprise, Oregon and files with the IRS under EIN 201844647. It is classified under NTEE code T22.
How many years of IRS 990 filings does Promethean Genesis have?
Promethean Genesis 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 $187K in total revenue.
How does Promethean Genesis cover its substantial annual operating deficits?
The filings consistently show expenses far exceeding revenue (e.g., $435,230 expenses vs. $26,210 revenue in 2023). It's unclear from the provided data how these deficits are funded, potentially through drawing down assets or other undisclosed funding sources.
What is the specific breakdown of Promethean Genesis's expenses?
The provided data only gives total expenses. Without a detailed breakdown (e.g., program services, management and general, fundraising), it's difficult to assess spending efficiency and program focus.
Is the organization's asset base being used to fund ongoing operations?
Given the consistent operating deficits and relatively stable, yet slightly declining, asset base (e.g., from $9.8M in 2011 to $7.8M in 2023), it's possible that assets are being liquidated or drawn upon to cover operational shortfalls.
What is the long-term financial strategy for Promethean Genesis?
The current financial trend of high expenses relative to low revenue is unsustainable. A clear strategy for increasing revenue or significantly reducing expenses would be necessary for long-term viability.
Filing History
IRS 990 filing history for Promethean Genesis showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Promethean Genesis's revenue has declined by 6.7%, moving from $28K to $26K. Total assets decreased by 20.9% over the same period, from $9.9M to $7.8M. Total functional expenses fell by 92.1%, from $5.5M to $435K. In its most recent filing year (2023), Promethean Genesis reported a deficit of $409K, with expenses exceeding revenue. The organization holds $1 in liabilities against $7.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $7.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $26K | $435K | $7.8M | $1 | — | — |
| 2022 | $22K | $411K | $8.9M | $1 | — | View 990 |
| 2021 | $65K | $400K | $8.9M | $1 | — | — |
| 2020 | $52K | $430K | $8.9M | $1 | — | View 990 |
| 2019 | $9K | $431K | $8.4M | $0 | — | View 990 |
| 2015 | $12K | $15K | $8.2M | $0 | — | View 990 |
| 2014 | $18K | $21K | $8.5M | $0 | — | View 990 |
| 2013 | $13K | $17K | $8.7M | $0 | — | View 990 |
| 2012 | $15K | $49K | $9.8M | $0 | — | View 990 |
| 2011 | $28K | $5.5M | $9.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $26K, expenses of $435K, and assets of $7.8M (revenue +17.3% year-over-year).
- 2022: Revenue of $22K, expenses of $411K, and assets of $8.9M (revenue -65.7% year-over-year).
- 2021: Revenue of $65K, expenses of $400K, and assets of $8.9M (revenue +25.0% year-over-year).
- 2020: Revenue of $52K, expenses of $430K, and assets of $8.9M (revenue +481.7% year-over-year).
- 2019: Revenue of $9K, expenses of $431K, and assets of $8.4M (revenue -22.0% year-over-year).
- 2015: Revenue of $12K, expenses of $15K, and assets of $8.2M (revenue -36.1% year-over-year).
- 2014: Revenue of $18K, expenses of $21K, and assets of $8.5M (revenue +41.3% year-over-year).
- 2013: Revenue of $13K, expenses of $17K, and assets of $8.7M (revenue -14.8% year-over-year).
- 2012: Revenue of $15K, expenses of $49K, and assets of $9.8M (revenue -46.7% year-over-year).
- 2011: Revenue of $28K, expenses of $5.5M, and assets of $9.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Promethean Genesis:
Data Sources and Methodology
This transparency report for Promethean Genesis 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.