Pronghorn Foundation
Pronghorn Foundation reports no revenue or assets in its latest filing, following years of inconsistent financial performance.
EIN: 206582204 · Douglas, WY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $2K |
| Program Spending | 75% |
| Net Assets | $36K |
| Transparency Score | 40/100 |
Is Pronghorn Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Pronghorn Foundation directs 75% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Pronghorn Foundation
Pronghorn Foundation (EIN: 206582204) is a nonprofit organization based in Douglas, WY. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Pronghorn Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Pronghorn Foundation is a micro nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of -5.3%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $2K |
| Total Expenses | $2K |
| Surplus / Deficit | $-205 |
| Total Assets | $36K |
| Total Liabilities | $1 |
| Net Assets | $36K |
| Operating Margin | -12.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 223.6 months |
Financial Health Grade: B
In 2015, Pronghorn Foundation reported a deficit of $205 with expenses exceeding revenue, holds 223.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2011–2015), Pronghorn Foundation's revenue has declined at a compound annual growth rate (CAGR) of -5.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | +54.7% | -98.5% | -10.4% |
| 2014 | -99.6% | -1.9% | -75.1% |
| 2013 | +156.8% | +2.4% | +436.6% |
| 2012 | +4513.2% | -6.1% | -37.0% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Pronghorn Foundation with a Mission Score of 40 out of 100 (Fair). 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: 75%
- fundraising: 10%
According to IRS 990 filings, Pronghorn Foundation allocates its expenses as follows: admin: 15%, programs: 75%, fundraising: 10%. With 75% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $205, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that executive leadership is either unpaid or compensated through other means not disclosed as officer compensation, which is positive for resource allocation.
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 Pronghorn Foundation's IRS 990 filings:
- Latest filing shows $0 revenue and $0 assets, indicating potential inactivity or cessation of operations.
- Expenses frequently exceed revenue, notably in 2014 ($126,304 expenses vs. $1,105 revenue) and 2011 ($133,880 expenses vs. $2,126 revenue), raising questions about financial sustainability.
- Significant year-over-year fluctuations in revenue (e.g., $251,861 in 2013 down to $1,709 in 2015), suggesting unstable funding.
Strengths
The following positive indicators were identified for Pronghorn Foundation:
- Consistently reports 0% officer compensation, indicating efficient use of funds for leadership or a volunteer-driven model.
Frequently Asked Questions about Pronghorn Foundation
Is Pronghorn Foundation a legitimate charity?
Pronghorn Foundation (EIN: 206582204) is a registered tax-exempt nonprofit based in Wyoming. Our AI analysis gives it a Mission Score of 40/100. It has 5 years of IRS 990 filings on record. 3 red flags identified. 1 strength noted. Financial health grade: B.
How does Pronghorn Foundation spend its money?
Pronghorn Foundation directs 75% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Pronghorn Foundation tax-deductible?
Pronghorn Foundation is registered as a tax-exempt nonprofit (EIN: 206582204). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Pronghorn Foundation's spending goes to programs?
Pronghorn Foundation directs 75% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Pronghorn Foundation located?
Pronghorn Foundation is headquartered in Douglas, Wyoming and files with the IRS under EIN 206582204.
How many years of IRS 990 filings does Pronghorn Foundation have?
Pronghorn Foundation has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.
Is Pronghorn Foundation currently operational?
Given the latest filing reports $0 in revenue and $0 in assets, it is unclear if the Pronghorn Foundation is currently operational or has ceased activities.
How does Pronghorn Foundation fund its operations with such low revenue in some years?
In years like 2014 and 2011, expenses significantly exceeded revenue. This suggests the organization either relied heavily on accumulated assets from prior periods (e.g., 2013's $251,861 revenue) or received non-revenue contributions not detailed in the summary data.
What caused the significant drop to $0 revenue and assets in the latest filing?
The provided data does not specify the reason for the complete absence of revenue and assets in the latest filing, which is a critical concern for the organization's continuity.
Filing History
IRS 990 filing history for Pronghorn Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2011–2015), Pronghorn Foundation's revenue has declined by 19.6%, moving from $2K to $2K. Total assets decreased by 24.6% over the same period, from $47K to $36K. Total functional expenses fell by 98.6%, from $134K to $2K. In its most recent filing year (2015), Pronghorn Foundation reported a deficit of $205, with expenses exceeding revenue. The organization holds $1 in liabilities against $36K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $36K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $2K | $2K | $36K | $1 | — | View 990 |
| 2014 | $1K | $126K | $40K | $1 | — | View 990 |
| 2013 | $252K | $129K | $160K | $1 | — | View 990 |
| 2012 | $98K | $126K | $30K | $1 | — | View 990 |
| 2011 | $2K | $134K | $47K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $2K, expenses of $2K, and assets of $36K (revenue +54.7% year-over-year).
- 2014: Revenue of $1K, expenses of $126K, and assets of $40K (revenue -99.6% year-over-year).
- 2013: Revenue of $252K, expenses of $129K, and assets of $160K (revenue +156.8% year-over-year).
- 2012: Revenue of $98K, expenses of $126K, and assets of $30K (revenue +4513.2% year-over-year).
- 2011: Revenue of $2K, expenses of $134K, and assets of $47K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Pronghorn Foundation:
Data Sources and Methodology
This transparency report for Pronghorn 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.