Psesd Foundation
EIN: 263412148 · Renton, WA
| Metric | Value |
|---|---|
| Total Expenses | $1.2M |
| Net Assets | $-3,825,001 |
Is Psesd Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Psesd Foundation
Psesd Foundation (EIN: 263412148) is a nonprofit organization based in Renton, WA. 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 Psesd Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Psesd Foundation is a small nonprofit, with 6 years of IRS 990 filings on record (2010–2015). Revenue has grown at a compound annual rate of -21.7%.
Key Financial Metrics (2015)
From the most recent IRS 990 filing on record:
| Total Revenue | $546K |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-701,118 |
| Total Assets | $17.5M |
| Total Liabilities | $21.3M |
| Net Assets | $-3,825,001 |
| Operating Margin | -128.4% |
| Debt-to-Asset Ratio | 121.8% |
| Months of Reserves | 168.5 months |
Financial Health Grade: C
In 2015, Psesd Foundation reported a deficit of $701K with expenses exceeding revenue, holds 168.5 months of operating reserves (strong position), has a debt-to-asset ratio of 121.8% (high leverage).
Financial Trends
Over 6 years of filings (2010–2015), Psesd Foundation's revenue has declined at a compound annual growth rate (CAGR) of -21.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2015 | -8.4% | -1.7% | -4.3% |
| 2014 | +0.3% | -1.1% | -3.9% |
| 2013 | -11.6% | -2.8% | -8.0% |
| 2012 | +14.8% | +27.3% | +0.3% |
| 2011 | -68.5% | -56.2% | -1.9% |
AI Analysis Pending
AI enrichment for Psesd Foundation 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 Psesd Foundation 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 (2015)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $701K, with expenses exceeding revenue.
- Debt-to-asset ratio: 121.8%.
Frequently Asked Questions about Psesd Foundation
Is Psesd Foundation a legitimate charity?
Psesd Foundation (EIN: 263412148) is a registered tax-exempt nonprofit based in Washington. It has 6 years of IRS 990 filings on record. No red flags identified. Financial health grade: C.
How does Psesd Foundation spend its money?
Psesd Foundation reported its financials in IRS 990 filings. 6 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Psesd Foundation tax-deductible?
Psesd Foundation is registered as a tax-exempt nonprofit (EIN: 263412148). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Psesd Foundation located?
Psesd Foundation is headquartered in Renton, Washington and files with the IRS under EIN 263412148.
How many years of IRS 990 filings does Psesd Foundation have?
Psesd Foundation 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.
Filing History
IRS 990 filing history for Psesd Foundation showing financial trends over 6 years of public records:
Over 6 years of IRS 990 filings (2010–2015), Psesd Foundation's revenue has declined by 70.6%, moving from $1.9M to $546K. Total assets decreased by 16.8% over the same period, from $21.1M to $17.5M. Total functional expenses fell by 47.4%, from $2.4M to $1.2M. In its most recent filing year (2015), Psesd Foundation reported a deficit of $701K, with expenses exceeding revenue. The organization holds $21.3M in liabilities against $17.5M in assets (debt-to-asset ratio: 121.8%), resulting in net assets of $-3,825,001.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2015 | $546K | $1.2M | $17.5M | $21.3M | — | View 990 |
| 2014 | $596K | $1.3M | $18.3M | $21.5M | — | View 990 |
| 2013 | $594K | $1.3M | $19.1M | $21.5M | — | View 990 |
| 2012 | $673K | $1.3M | $20.7M | $22.4M | — | View 990 |
| 2011 | $586K | $1.0M | $20.6M | $21.6M | — | View 990 |
| 2010 | $1.9M | $2.4M | $21.1M | $21.5M | — | View 990 |
Year-by-Year Financial Summary
- 2015: Revenue of $546K, expenses of $1.2M, and assets of $17.5M (revenue -8.4% year-over-year).
- 2014: Revenue of $596K, expenses of $1.3M, and assets of $18.3M (revenue +0.3% year-over-year).
- 2013: Revenue of $594K, expenses of $1.3M, and assets of $19.1M (revenue -11.6% year-over-year).
- 2012: Revenue of $673K, expenses of $1.3M, and assets of $20.7M (revenue +14.8% year-over-year).
- 2011: Revenue of $586K, expenses of $1.0M, and assets of $20.6M (revenue -68.5% year-over-year).
- 2010: Revenue of $1.9M, expenses of $2.4M, and assets of $21.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Psesd Foundation:
Data Sources and Methodology
This transparency report for Psesd 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.