Psh Properties Ii
Psh Properties Ii maintains stable finances with no executive compensation, despite declining assets.
EIN: 10523162 · Bangor, ME · NTEE: S47 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $991K |
| Program Spending | 90% |
| Net Assets | $740K |
| Transparency Score | 85/100 |
Is Psh Properties Ii Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Psh Properties Ii directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Psh Properties Ii
Psh Properties Ii (EIN: 10523162) is a nonprofit organization based in Bangor, ME, classified under NTEE code S47. The organization reported total revenue of $1.1M and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Psh Properties Ii's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Psh Properties Ii is a mid-size nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $991K |
| Surplus / Deficit | +$108K |
| Total Assets | $2.6M |
| Total Liabilities | $1.9M |
| Net Assets | $740K |
| Operating Margin | 9.8% |
| Debt-to-Asset Ratio | 71.6% |
| Months of Reserves | 31.5 months |
Financial Health Grade: A
In 2023, Psh Properties Ii reported a surplus of $108K with revenue exceeding expenses, holds 31.5 months of operating reserves (strong position), has a debt-to-asset ratio of 71.6% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Psh Properties Ii's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +14.3% | +28.8% | -4.6% |
| 2022 | +2.6% | +6.7% | -9.0% |
| 2021 | +0.0% | -6.4% | +5.9% |
| 2020 | +0.0% | -3.5% | -2.9% |
| 2019 | +-0.0% | -3.3% | -2.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2001 |
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 Psh Properties Ii 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, Psh Properties Ii 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 $108K, with revenue exceeding expenses.
- Debt-to-asset ratio: 71.6%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers receive salaries from the organization, which is highly favorable for resource allocation.
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 Psh Properties Ii's IRS 990 filings:
- Declining asset base over the past decade without clear explanation in provided data.
Strengths
The following positive indicators were identified for Psh Properties Ii:
- Consistent revenue growth over the past decade.
- Zero executive compensation reported across all filings, indicating high efficiency.
- Expenses consistently below revenue, demonstrating financial stability.
- Significant reduction in liabilities over the past decade.
Frequently Asked Questions about Psh Properties Ii
Is Psh Properties Ii a legitimate charity?
Based on AI analysis of IRS 990 filings, Psh Properties Ii (EIN: 10523162) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Psh Properties Ii spend its money?
Psh Properties Ii directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Psh Properties Ii tax-deductible?
Psh Properties Ii is registered as a tax-exempt nonprofit (EIN: 10523162). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Psh Properties Ii compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Psh Properties Ii is above average for NTEE category S47 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Psh Properties Ii located?
Psh Properties Ii is headquartered in Bangor, Maine and files with the IRS under EIN 10523162. It is classified under NTEE code S47.
How many years of IRS 990 filings does Psh Properties Ii have?
Psh Properties Ii 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 $1.1M in total revenue.
Is Psh Properties Ii a good charity?
Based on the available IRS 990 data, Psh Properties Ii appears to be a well-managed organization with strong financial stability, consistent revenue, and a notable commitment to not paying executive compensation. This suggests a high degree of efficiency in directing funds towards its mission.
How has Psh Properties Ii's revenue trended over the past decade?
Psh Properties Ii's revenue has shown a positive trend, increasing from $877,114 in 2014 to $1,098,776 in 2023, indicating consistent financial growth.
What is the organization's approach to executive compensation?
The organization consistently reports 0% officer compensation across all filings, meaning no salaries are paid to its executives, which is a strong indicator of financial efficiency and mission focus.
Why have Psh Properties Ii's assets decreased over time?
Psh Properties Ii's assets have decreased from $3,568,826 in 2014 to $2,605,511 in 2023. This trend, alongside a decrease in liabilities, could indicate strategic asset management, debt reduction, or a shift in the nature of its holdings, but further details would require deeper analysis of their balance sheet.
Filing History
IRS 990 filing history for Psh Properties Ii showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Psh Properties Ii's revenue has grown by 25.7%, moving from $874K to $1.1M. Total assets decreased by 33.6% over the same period, from $3.9M to $2.6M. Total functional expenses rose by 27.1%, from $780K to $991K. In its most recent filing year (2023), Psh Properties Ii reported a surplus of $108K, with revenue exceeding expenses. The organization holds $1.9M in liabilities against $2.6M in assets (debt-to-asset ratio: 71.6%), resulting in net assets of $740K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $991K | $2.6M | $1.9M | — | View 990 |
| 2022 | $961K | $770K | $2.7M | $2.1M | — | — |
| 2021 | $937K | $722K | $3.0M | $2.6M | — | — |
| 2020 | $937K | $771K | $2.8M | $2.6M | — | — |
| 2019 | $936K | $799K | $2.9M | $2.9M | — | View 990 |
| 2018 | $936K | $826K | $3.0M | $3.1M | — | View 990 |
| 2017 | $925K | $840K | $3.1M | $3.4M | — | View 990 |
| 2016 | $908K | $823K | $3.3M | $3.6M | — | View 990 |
| 2015 | $873K | $864K | $3.5M | $3.9M | — | View 990 |
| 2014 | $877K | $837K | $3.6M | $4.0M | — | View 990 |
| 2013 | $887K | $747K | $3.7M | $4.1M | — | View 990 |
| 2012 | $897K | $718K | $3.8M | $4.4M | — | View 990 |
| 2011 | $874K | $780K | $3.9M | $4.7M | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $991K, and assets of $2.6M (revenue +14.3% year-over-year).
- 2022: Revenue of $961K, expenses of $770K, and assets of $2.7M (revenue +2.6% year-over-year).
- 2021: Revenue of $937K, expenses of $722K, and assets of $3.0M (revenue +0.0% year-over-year).
- 2020: Revenue of $937K, expenses of $771K, and assets of $2.8M (revenue +0.0% year-over-year).
- 2019: Revenue of $936K, expenses of $799K, and assets of $2.9M (revenue +-0.0% year-over-year).
- 2018: Revenue of $936K, expenses of $826K, and assets of $3.0M (revenue +1.2% year-over-year).
- 2017: Revenue of $925K, expenses of $840K, and assets of $3.1M (revenue +1.9% year-over-year).
- 2016: Revenue of $908K, expenses of $823K, and assets of $3.3M (revenue +3.9% year-over-year).
- 2015: Revenue of $873K, expenses of $864K, and assets of $3.5M (revenue -0.4% year-over-year).
- 2014: Revenue of $877K, expenses of $837K, and assets of $3.6M (revenue -1.1% year-over-year).
- 2013: Revenue of $887K, expenses of $747K, and assets of $3.7M (revenue -1.2% year-over-year).
- 2012: Revenue of $897K, expenses of $718K, and assets of $3.8M (revenue +2.6% year-over-year).
- 2011: Revenue of $874K, expenses of $780K, and assets of $3.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Psh Properties Ii:
Data Sources and Methodology
This transparency report for Psh Properties Ii 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.