Ps 21 Inc
Ps 21 Inc shows significant asset growth and no reported officer compensation, despite fluctuating revenues.
EIN: 141818409 · Chatham, NY · NTEE: A60 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $989K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $10 |
| Net Assets | $9.0M |
| Transparency Score | 85/100 |
Is Ps 21 Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ps 21 Inc directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ps 21 Inc
Ps 21 Inc (EIN: 141818409) is a nonprofit organization based in Chatham, NY, classified under NTEE code A60. The organization reported total revenue of $3.6M and total assets of $10.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ps 21 Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ps 21 Inc is a mid-size nonprofit that has been operating for 10 years, with 6 years of IRS 990 filings on record (2011–2019). Revenue has grown at a compound annual rate of 22.8%.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
| Total Revenue | $652K |
| Total Expenses | $989K |
| Surplus / Deficit | $-336,951 |
| Total Assets | $11.3M |
| Total Liabilities | $2.3M |
| Net Assets | $9.0M |
| Operating Margin | -51.7% |
| Debt-to-Asset Ratio | 20.0% |
| Months of Reserves | 136.8 months |
Financial Health Grade: B
In 2019, Ps 21 Inc reported a deficit of $337K with expenses exceeding revenue, holds 136.8 months of operating reserves (strong position), has a debt-to-asset ratio of 20.0% (moderate leverage).
Financial Trends
Over 6 years of filings (2011–2019), Ps 21 Inc's revenue has grown at a compound annual growth rate (CAGR) of 22.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2019 | +101.7% | +133.0% | +380.6% |
| 2015 | -37.0% | +17.1% | +53.6% |
| 2014 | -36.9% | +18.4% | +8.6% |
| 2013 | +352.3% | +6.7% | +13.8% |
| 2012 | +42.7% | +5.7% | -0.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2016 |
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 Ps 21 Inc with a Mission Score of 85 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: 10%
- programs: 80%
- fundraising: 10%
According to IRS 990 filings, Ps 21 Inc allocates its expenses as follows: admin: 10%, programs: 80%, fundraising: 10%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2019)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $337K, with expenses exceeding revenue.
- Debt-to-asset ratio: 20.0%.
Executive Compensation Analysis
Ps 21 Inc consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to its officers, which is highly commendable for a nonprofit of its size with current assets over $10 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.
Red Flags
The following concerns were identified during AI analysis of Ps 21 Inc's IRS 990 filings:
- Historical periods where expenses exceeded revenue (e.g., 2019: $988,954 expenses vs. $652,003 revenue), which could indicate reliance on reserves or other funding sources.
Strengths
The following positive indicators were identified for Ps 21 Inc:
- Significant asset growth from $1.2 million in 2011 to over $10 million currently, indicating strong financial stability.
- Consistent reporting of 0% officer compensation across all filings, demonstrating excellent transparency and resource allocation.
- Latest reported revenue of $3,601,561, showing a substantial capacity for operations.
Frequently Asked Questions about Ps 21 Inc
Is Ps 21 Inc a legitimate charity?
Ps 21 Inc (EIN: 141818409) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 85/100. It has 6 years of IRS 990 filings on record. Total revenue: $3.6M. 1 red flag identified. 3 strengths noted. Financial health grade: B.
How does Ps 21 Inc spend its money?
Ps 21 Inc directs 80% of its spending to programs and services. Fundraising costs 10%. This exceeds the 65% industry benchmark.
Are donations to Ps 21 Inc tax-deductible?
Ps 21 Inc is registered as a tax-exempt nonprofit (EIN: 141818409). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Ps 21 Inc CEO make?
Ps 21 Inc's highest-compensated officer earns $10 annually. The organization reported $3.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Ps 21 Inc's spending goes to programs?
Ps 21 Inc directs 80% to programs, 10% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Ps 21 Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Ps 21 Inc is above average for NTEE category A60 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ps 21 Inc located?
Ps 21 Inc is headquartered in Chatham, New York and files with the IRS under EIN 141818409. It is classified under NTEE code A60.
How many years of IRS 990 filings does Ps 21 Inc have?
Ps 21 Inc has 6 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 $3.6M in total revenue.
Is Ps 21 Inc a good charity?
Based on the available data, Ps 21 Inc appears to be a good charity, particularly due to its strong asset growth, lack of officer compensation, and implied dedication to its mission. However, a detailed breakdown of recent program spending would provide a more complete picture of its efficiency.
How has Ps 21 Inc's financial health changed over time?
Ps 21 Inc has experienced substantial growth in assets, from $1,248,293 in 2011 to $10,198,461 currently, indicating improved financial health and capacity. Revenue has been volatile, but the overall trend in assets is positive.
What is the organization's approach to executive compensation?
Ps 21 Inc has a highly transparent and efficient approach to executive compensation, reporting 0% officer compensation in all available filings, meaning no salaries are paid to its officers.
Filing History
IRS 990 filing history for Ps 21 Inc showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2011–2019), Ps 21 Inc's revenue has grown by 417.5%, moving from $126K to $652K. Total assets increased by 803.5% over the same period, from $1.2M to $11.3M. Total functional expenses rose by 264.4%, from $271K to $989K. In its most recent filing year (2019), Ps 21 Inc reported a deficit of $337K, with expenses exceeding revenue. The organization holds $2.3M in liabilities against $11.3M in assets (debt-to-asset ratio: 20.0%), resulting in net assets of $9.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2019 | $652K | $989K | $11.3M | $2.3M | — | View 990 |
| 2015 | $323K | $424K | $2.3M | $2.2M | — | View 990 |
| 2014 | $513K | $362K | $1.5M | $1.3M | — | View 990 |
| 2013 | $813K | $306K | $1.4M | $1.3M | — | View 990 |
| 2012 | $180K | $287K | $1.2M | $1.7M | — | View 990 |
| 2011 | $126K | $271K | $1.2M | $1.6M | — | View 990 |
Year-by-Year Financial Summary
- 2019: Revenue of $652K, expenses of $989K, and assets of $11.3M (revenue +101.7% year-over-year).
- 2015: Revenue of $323K, expenses of $424K, and assets of $2.3M (revenue -37.0% year-over-year).
- 2014: Revenue of $513K, expenses of $362K, and assets of $1.5M (revenue -36.9% year-over-year).
- 2013: Revenue of $813K, expenses of $306K, and assets of $1.4M (revenue +352.3% year-over-year).
- 2012: Revenue of $180K, expenses of $287K, and assets of $1.2M (revenue +42.7% year-over-year).
- 2011: Revenue of $126K, expenses of $271K, and assets of $1.2M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ps 21 Inc:
Data Sources and Methodology
This transparency report for Ps 21 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.