Psc Partners Seeking A Cure

Psc Partners Seeking A Cure shows strong asset growth and no officer compensation, but reported a deficit in 2023.

EIN: 202112635 · Greenwood Village, CO · Updated: 2026-03-28

$1.9MRevenue

$3.1MAssets

85/100Mission Score (Excellent)

Is Psc Partners Seeking A Cure Legit?

Some Concerns

GoodFiling Consistency

ExcellentSpending Efficiency

GoodTransparency

1 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Psc Partners Seeking A Cure directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Psc Partners Seeking A Cure

Psc Partners Seeking A Cure (EIN: 202112635) is a nonprofit organization based in Greenwood Village, CO. The organization reported total revenue of $1.9M and total assets of $3.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Psc Partners Seeking A Cure's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

Psc Partners Seeking A Cure demonstrates a generally healthy financial position with consistent revenue growth over the past decade, increasing from $750,208 in 2014 to $2,260,576 in 2023. The organization maintains substantial assets, reaching $4,418,232 in 2023, significantly exceeding its liabilities of $117,369, indicating strong financial stability. However, the most recent filing (2023) shows expenses ($2,427,365) exceeding revenue ($2,260,576), resulting in a deficit for that period, which warrants monitoring.

The organization's spending efficiency appears to fluctuate. While expenses were well below revenue in 2021 and 2022, the 2023 deficit suggests a potential shift in spending patterns or a one-time investment. The absence of reported officer compensation across all filings is a notable positive for transparency and suggests resources are directed towards the mission rather than high executive salaries. Overall, the organization appears to be financially sound, but the recent deficit should be observed in future filings.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Psc Partners Seeking A Cure 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: 15%
programs: 80%
fundraising: 5%

According to IRS 990 filings, Psc Partners Seeking A Cure allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

Psc Partners Seeking A Cure consistently reports 0% officer compensation across all available filings, indicating that no salaries are paid to officers, which is highly commendable for a nonprofit of its size with over $2 million in annual revenue.

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 Psc Partners Seeking A Cure's IRS 990 filings:

Expenses exceeded revenue in the most recent 2023 filing, indicating a deficit for that period.

Strengths

The following positive indicators were identified for Psc Partners Seeking A Cure:

Consistent revenue growth over the past decade, from $750,208 in 2014 to $2,260,576 in 2023.
Strong asset base ($4,418,232 in 2023) significantly exceeding liabilities ($117,369), indicating financial stability.
Zero reported officer compensation across all filings, demonstrating a commitment to directing funds to the mission.
Healthy financial reserves, with assets consistently growing year over year.

Frequently Asked Questions about Psc Partners Seeking A Cure

Is Psc Partners Seeking A Cure a legitimate charity?

Based on AI analysis of IRS 990 filings, Psc Partners Seeking A Cure (EIN: 202112635) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

How does Psc Partners Seeking A Cure spend its money?

Psc Partners Seeking A Cure directs 80% of its spending to programs and services. The remaining budget covers administration and fundraising costs.

Are donations to Psc Partners Seeking A Cure tax-deductible?

Psc Partners Seeking A Cure is registered as a tax-exempt nonprofit (EIN: 202112635). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Why did expenses exceed revenue in the 2023 fiscal period?

The 2023 filing shows expenses of $2,427,365 against revenue of $2,260,576, resulting in a deficit. This could be due to increased program activities, one-time investments, or operational costs. Further details would be needed from the full 990 to understand the specific drivers.

How does the organization manage its significant asset base?

With assets growing to $4,418,232 in 2023, the organization holds substantial reserves. Understanding the composition of these assets (e.g., investments, cash, property) and the strategy for their management would provide insight into long-term financial planning.

What is the specific breakdown of program spending?

While the overall program spending appears strong, a detailed breakdown of how program funds are allocated (e.g., research grants, patient support, awareness campaigns) would offer greater insight into the direct impact of donations.

Filing History

IRS 990 filing history for Psc Partners Seeking A Cure showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Psc Partners Seeking A Cure's revenue has grown by 303.4%, moving from $560K to $2.3M. Total assets increased by 305.6% over the same period, from $1.1M to $4.4M. Total functional expenses rose by 657.2%, from $321K to $2.4M. In its most recent filing year (2023), Psc Partners Seeking A Cure reported a deficit of $167K, with expenses exceeding revenue. The organization holds $117K in liabilities against $4.4M in assets (debt-to-asset ratio: 2.7%), resulting in net assets of $4.3M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$2.3M	$2.4M	$4.4M	$117K	—	—
2022	$2.2M	$1.1M	$4.6M	$18K	—	—
2021	$2.1M	$1.2M	$3.6M	$14K	—	View 990
2020	$1.6M	$1.1M	$2.7M	$65K	—	—
2019	$1.3M	$864K	$2.2M	$4K	—	View 990
2018	$1.0M	$1.1M	$1.7M	$4K	—	View 990
2017	$793K	$862K	$1.7M	$5K	—	—
2016	$837K	$685K	$1.8M	$5K	—	View 990
2015	$824K	$746K	$1.6M	$6K	—	View 990
2014	$750K	$614K	$1.6M	$1K	—	View 990
2013	$621K	$523K	$1.4M	$18K	—	View 990
2012	$550K	$327K	$1.3M	$105	—	View 990
2011	$560K	$321K	$1.1M	$4K	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $2.3M, expenses of $2.4M, and assets of $4.4M (revenue +2.4% year-over-year).
2022: Revenue of $2.2M, expenses of $1.1M, and assets of $4.6M (revenue +4.4% year-over-year).
2021: Revenue of $2.1M, expenses of $1.2M, and assets of $3.6M (revenue +33.4% year-over-year).
2020: Revenue of $1.6M, expenses of $1.1M, and assets of $2.7M (revenue +17.9% year-over-year).
2019: Revenue of $1.3M, expenses of $864K, and assets of $2.2M (revenue +31.4% year-over-year).
2018: Revenue of $1.0M, expenses of $1.1M, and assets of $1.7M (revenue +29.0% year-over-year).
2017: Revenue of $793K, expenses of $862K, and assets of $1.7M (revenue -5.2% year-over-year).
2016: Revenue of $837K, expenses of $685K, and assets of $1.8M (revenue +1.5% year-over-year).
2015: Revenue of $824K, expenses of $746K, and assets of $1.6M (revenue +9.9% year-over-year).
2014: Revenue of $750K, expenses of $614K, and assets of $1.6M (revenue +20.7% year-over-year).
2013: Revenue of $621K, expenses of $523K, and assets of $1.4M (revenue +13.0% year-over-year).
2012: Revenue of $550K, expenses of $327K, and assets of $1.3M (revenue -1.8% year-over-year).
2011: Revenue of $560K, expenses of $321K, and assets of $1.1M.

Data Sources and Methodology

This transparency report for Psc Partners Seeking A Cure 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.