Psa Building Company
Psa Building Company consistently operates with revenue surpluses and reports no officer compensation, despite liabilities exceeding assets.
EIN: 205892795 · Brooklyn Park, MN · NTEE: B11 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.2M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $14 |
| Net Assets | $-427,429 |
| Transparency Score | 85/100 |
Is Psa Building Company Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Psa Building Company directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Psa Building Company
Psa Building Company (EIN: 205892795) is a nonprofit organization based in Brooklyn Park, MN, classified under NTEE code B11. The organization reported total revenue of $1.5M and total assets of $15.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Psa Building Company's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Psa Building Company is a mid-size nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.5M |
| Total Expenses | $1.2M |
| Surplus / Deficit | +$275K |
| Total Assets | $14.2M |
| Total Liabilities | $14.6M |
| Net Assets | $-427,429 |
| Operating Margin | 18.6% |
| Debt-to-Asset Ratio | 103.0% |
| Months of Reserves | 141.2 months |
Financial Health Grade: A
In 2023, Psa Building Company reported a surplus of $275K with revenue exceeding expenses, holds 141.2 months of operating reserves (strong position), has a debt-to-asset ratio of 103.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Psa Building Company's revenue has declined at a compound annual growth rate (CAGR) of -1.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +7.4% | -5.9% | -1.1% |
| 2022 | -11.5% | +4.6% | -1.6% |
| 2021 | +10.2% | -2.1% | -1.2% |
| 2020 | -11.0% | +1.6% | -1.5% |
| 2019 | +2.7% | -10.9% | -0.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Psa Building Company 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: 90%
- fundraising: 0%
According to IRS 990 filings, Psa Building Company allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 $275K, with revenue exceeding expenses.
- Debt-to-asset ratio: 103.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, which is highly unusual for an organization with assets exceeding $14 million and annual revenues over $1 million. This suggests either a volunteer-led executive team or compensation is structured in a way not reported as officer compensation on the 990, which enhances spending efficiency by reducing 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 Psa Building Company's IRS 990 filings:
- Liabilities consistently exceed assets, indicating potential long-term debt reliance or specific financial structuring that could pose risks if not well-managed.
Strengths
The following positive indicators were identified for Psa Building Company:
- Consistent revenue surpluses, indicating strong financial management and operational stability (e.g., 2023 revenue $1,481,766 vs. expenses $1,206,636).
- 0% officer compensation reported across all filings, demonstrating exceptional spending efficiency and commitment to directing funds to mission.
- Stable asset base over time, suggesting good stewardship of resources (e.g., $15,453,512 latest assets).
- Consistent filing history (13 filings), indicating transparency and compliance with IRS regulations.
Frequently Asked Questions about Psa Building Company
Is Psa Building Company a legitimate charity?
Psa Building Company (EIN: 205892795) is a registered tax-exempt nonprofit based in Minnesota. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.5M. 1 red flag identified. 4 strengths noted. Financial health grade: A.
How does Psa Building Company spend its money?
Psa Building Company directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Psa Building Company tax-deductible?
Psa Building Company is registered as a tax-exempt nonprofit (EIN: 205892795). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Psa Building Company CEO make?
Psa Building Company's highest-compensated officer earns $14 annually. The organization reported $1.5M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Psa Building Company compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Psa Building Company is above average for NTEE category B11 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Psa Building Company located?
Psa Building Company is headquartered in Brooklyn Park, Minnesota and files with the IRS under EIN 205892795. It is classified under NTEE code B11.
How many years of IRS 990 filings does Psa Building Company have?
Psa Building Company has 13 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 $1.5M in total revenue.
Is Psa Building Company a good charity?
Based on the available financial data, Psa Building Company appears to be a financially stable organization with consistent revenue generation and a strong commitment to efficiency, evidenced by its 0% officer compensation. Its consistent revenue surpluses and substantial asset base suggest good financial management, though the persistent excess of liabilities over assets warrants further investigation into its financial structure.
How does Psa Building Company manage its liabilities?
Psa Building Company consistently reports liabilities exceeding its assets, for example, $14,624,106 in liabilities against $14,196,677 in assets in 2023. This indicates a significant reliance on debt or specific financing arrangements. A deeper dive into the nature of these liabilities (e.g., mortgages, bonds, program-related investments) would be necessary to fully understand their impact on the organization's long-term financial health.
What is the trend in Psa Building Company's financial performance?
Over the past decade, Psa Building Company has maintained relatively stable revenues, generally between $1.4 million and $1.7 million, and has consistently managed to keep expenses below revenue in most years, leading to operational surpluses. Assets have also remained stable around $14-15 million. This indicates a consistent and well-managed financial operation.
Does Psa Building Company spend efficiently?
Yes, Psa Building Company appears to spend efficiently. The consistent reporting of 0% officer compensation significantly reduces administrative overhead, allowing a greater proportion of funds to be directed towards its mission. With revenues consistently exceeding expenses, the organization demonstrates effective cost control relative to its income.
Filing History
IRS 990 filing history for Psa Building Company showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Psa Building Company's revenue has declined by 19.3%, moving from $1.8M to $1.5M. Total assets decreased by 0.8% over the same period, from $14.3M to $14.2M. Total functional expenses fell by 32.1%, from $1.8M to $1.2M. In its most recent filing year (2023), Psa Building Company reported a surplus of $275K, with revenue exceeding expenses. The organization holds $14.6M in liabilities against $14.2M in assets (debt-to-asset ratio: 103.0%), resulting in net assets of $-427,429.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.5M | $1.2M | $14.2M | $14.6M | — | View 990 |
| 2022 | $1.4M | $1.3M | $14.4M | $15.1M | — | View 990 |
| 2021 | $1.6M | $1.2M | $14.6M | $15.4M | — | View 990 |
| 2020 | $1.4M | $1.3M | $14.8M | $15.9M | — | View 990 |
| 2019 | $1.6M | $1.2M | $15.0M | $16.3M | — | View 990 |
| 2018 | $1.6M | $1.4M | $15.1M | $16.7M | — | View 990 |
| 2017 | $1.5M | $1.3M | $15.2M | $17.0M | — | View 990 |
| 2016 | $1.8M | $1.1M | $15.3M | $17.4M | — | View 990 |
| 2015 | $1.6M | $1.9M | $14.9M | $17.7M | — | View 990 |
| 2014 | $1.6M | $1.7M | $13.3M | $15.8M | — | View 990 |
| 2013 | $1.6M | $1.7M | $13.6M | $16.0M | — | View 990 |
| 2012 | $1.6M | $1.8M | $14.0M | $16.1M | — | View 990 |
| 2011 | $1.8M | $1.8M | $14.3M | $16.2M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.5M, expenses of $1.2M, and assets of $14.2M (revenue +7.4% year-over-year).
- 2022: Revenue of $1.4M, expenses of $1.3M, and assets of $14.4M (revenue -11.5% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.2M, and assets of $14.6M (revenue +10.2% year-over-year).
- 2020: Revenue of $1.4M, expenses of $1.3M, and assets of $14.8M (revenue -11.0% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.2M, and assets of $15.0M (revenue +2.7% year-over-year).
- 2018: Revenue of $1.6M, expenses of $1.4M, and assets of $15.1M (revenue +1.2% year-over-year).
- 2017: Revenue of $1.5M, expenses of $1.3M, and assets of $15.2M (revenue -13.1% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.1M, and assets of $15.3M (revenue +11.4% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.9M, and assets of $14.9M (revenue -2.0% year-over-year).
- 2014: Revenue of $1.6M, expenses of $1.7M, and assets of $13.3M (revenue +0.7% year-over-year).
- 2013: Revenue of $1.6M, expenses of $1.7M, and assets of $13.6M (revenue -1.8% year-over-year).
- 2012: Revenue of $1.6M, expenses of $1.8M, and assets of $14.0M (revenue -11.1% year-over-year).
- 2011: Revenue of $1.8M, expenses of $1.8M, and assets of $14.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Psa Building Company:
Data Sources and Methodology
This transparency report for Psa Building Company 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.