Prop Foundation Inc
EIN: 810504727 · Missoula, MT · NTEE: A33Z
| Metric | Value |
|---|---|
| Total Revenue | $624K |
| Total Expenses | $48K |
| Net Assets | $1.3M |
Is Prop Foundation Inc Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Prop Foundation Inc
Prop Foundation Inc (EIN: 810504727) is a nonprofit organization based in Missoula, MT, classified under NTEE code A33Z. The organization reported total revenue of $624K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Prop Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Prop Foundation Inc is a small nonprofit that has been operating for 30 years, with 10 years of IRS 990 filings on record (2011–2023).
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $63K |
| Total Expenses | $48K |
| Surplus / Deficit | +$15K |
| Total Assets | $1.3M |
| Total Liabilities | $5K |
| Net Assets | $1.3M |
| Operating Margin | 23.5% |
| Debt-to-Asset Ratio | 0.4% |
| Months of Reserves | 326.5 months |
Financial Health Grade: A
In 2023, Prop Foundation Inc reported a surplus of $15K with revenue exceeding expenses, holds 326.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.4% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +31.1% | +4.2% | +1.1% |
| 2022 | -51.5% | +32.9% | +0.3% |
| 2021 | -39.0% | -61.6% | +5.2% |
| 2020 | +244.6% | +119.9% | +6.2% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1996 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Prop Foundation Inc has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Prop Foundation Inc with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $15K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.4%.
Frequently Asked Questions about Prop Foundation Inc
Is Prop Foundation Inc a legitimate charity?
Prop Foundation Inc (EIN: 810504727) is a registered tax-exempt nonprofit based in Montana. It has 10 years of IRS 990 filings on record. Total revenue: $624K. No red flags identified. Financial health grade: A.
How does Prop Foundation Inc spend its money?
Prop Foundation Inc reported $624K in total revenue in IRS 990 filings. 10 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Prop Foundation Inc tax-deductible?
Prop Foundation Inc is registered as a tax-exempt nonprofit (EIN: 810504727). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Prop Foundation Inc located?
Prop Foundation Inc is headquartered in Missoula, Montana and files with the IRS under EIN 810504727. It is classified under NTEE code A33Z.
How many years of IRS 990 filings does Prop Foundation Inc have?
Prop 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 $624K in total revenue.
Filing History
IRS 990 filing history for Prop Foundation Inc showing financial trends over 10 years of public records:
Total assets increased by 186.3% over the same period, from $455K to $1.3M. Total functional expenses rose by 14.3%, from $42K to $48K. In its most recent filing year (2023), Prop Foundation Inc reported a surplus of $15K, with revenue exceeding expenses. The organization holds $5K in liabilities against $1.3M in assets (debt-to-asset ratio: 0.4%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $63K | $48K | $1.3M | $5K | — | View 990 |
| 2022 | $48K | $46K | $1.3M | $5K | — | View 990 |
| 2021 | $99K | $35K | $1.3M | $3K | — | View 990 |
| 2020 | $162K | $90K | $1.2M | $3K | — | — |
| 2019 | $47K | $41K | $1.1M | $3K | — | View 990 |
| 2015 | $-17,622 | $70K | $1.0M | $628 | — | View 990 |
| 2014 | $182K | $121K | $1.1M | $299 | — | View 990 |
| 2013 | $-3,129 | $154K | $1.0M | $299 | — | View 990 |
| 2012 | $786K | $39K | $1.2M | $299 | — | View 990 |
| 2011 | $-9,577 | $42K | $455K | $299 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $63K, expenses of $48K, and assets of $1.3M (revenue +31.1% year-over-year).
- 2022: Revenue of $48K, expenses of $46K, and assets of $1.3M (revenue -51.5% year-over-year).
- 2021: Revenue of $99K, expenses of $35K, and assets of $1.3M (revenue -39.0% year-over-year).
- 2020: Revenue of $162K, expenses of $90K, and assets of $1.2M (revenue +244.6% year-over-year).
- 2019: Revenue of $47K, expenses of $41K, and assets of $1.1M.
- 2015: Revenue of $-17,622, expenses of $70K, and assets of $1.0M (revenue -109.7% year-over-year).
- 2014: Revenue of $182K, expenses of $121K, and assets of $1.1M.
- 2013: Revenue of $-3,129, expenses of $154K, and assets of $1.0M (revenue -100.4% year-over-year).
- 2012: Revenue of $786K, expenses of $39K, and assets of $1.2M.
- 2011: Revenue of $-9,577, expenses of $42K, and assets of $455K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Prop Foundation Inc:
Data Sources and Methodology
This transparency report for Prop 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.