Public Employee Benefit Tr Of Ca
Public Employee Benefit Tr Of Ca consistently spends nearly all revenue on program expenses with no reported officer compensation.
EIN: 206383829 · Pasadena, CA · NTEE: Y44 · Updated: 2026-03-28
Is Public Employee Benefit Tr Of Ca Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Public Employee Benefit Tr Of Ca directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Public Employee Benefit Tr Of Ca
Public Employee Benefit Tr Of Ca (EIN: 206383829) is a nonprofit organization based in Pasadena, CA, classified under NTEE code Y44. The organization reported total revenue of $11.9M and total assets of $588K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Public Employee Benefit Tr Of Ca's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Public Employee Benefit Tr Of Ca is a large nonprofit that has been operating for 19 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 1.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $10.9M |
| Total Expenses | $10.8M |
| Surplus / Deficit | +$160K |
| Total Assets | $389K |
| Total Liabilities | $22K |
| Net Assets | $367K |
| Operating Margin | 1.5% |
| Debt-to-Asset Ratio | 5.7% |
| Months of Reserves | 0.4 months |
Financial Health Grade: A
In 2023, Public Employee Benefit Tr Of Ca reported a surplus of $160K with revenue exceeding expenses, holds 0.4 months of operating reserves (limited), has a debt-to-asset ratio of 5.7% (very low leverage).
Financial Trends
Over 14 years of filings (2010–2023), Public Employee Benefit Tr Of Ca's revenue has grown at a compound annual growth rate (CAGR) of 1.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.8% | +4.2% | +68.6% |
| 2022 | -4.9% | -6.8% | +589.9% |
| 2021 | -1.4% | -1.2% | -46.6% |
| 2020 | -1.1% | -1.3% | -93.2% |
| 2019 | -1.5% | -1.7% | +1283.5% |
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 Public Employee Benefit Tr Of Ca 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Public Employee Benefit Tr Of Ca allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 $160K, with revenue exceeding expenses.
- Debt-to-asset ratio: 5.7%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, which is unusual for an entity managing over $10 million in annual revenue. This suggests either a fully volunteer-led executive team or that executive compensation is categorized differently within the expense structure, requiring deeper scrutiny for complete understanding.
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 Public Employee Benefit Tr Of Ca's IRS 990 filings:
- No reported officer compensation, which is unusual for an organization of this size and revenue, potentially obscuring executive remuneration.
- Limited asset accumulation relative to revenue, which could indicate a lack of long-term financial stability or strategic reserves, though it aligns with a pass-through model.
Strengths
The following positive indicators were identified for Public Employee Benefit Tr Of Ca:
- High program spending efficiency, with nearly all revenue directed towards expenses, indicating a lean operation.
- Consistent revenue generation over $10 million annually, demonstrating stable operations.
- Minimal liabilities relative to assets in recent years (e.g., $22,070 liabilities vs. $388,639 assets in 2023), suggesting good financial management of short-term obligations.
Frequently Asked Questions about Public Employee Benefit Tr Of Ca
Is Public Employee Benefit Tr Of Ca a legitimate charity?
Based on AI analysis of IRS 990 filings, Public Employee Benefit Tr Of Ca (EIN: 206383829) some concerns. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
How does Public Employee Benefit Tr Of Ca spend its money?
Public Employee Benefit Tr Of Ca directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Public Employee Benefit Tr Of Ca tax-deductible?
Public Employee Benefit Tr Of Ca is registered as a tax-exempt nonprofit (EIN: 206383829). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Public Employee Benefit Tr Of Ca manage to operate with no reported officer compensation?
The IRS 990 filings consistently show 0% officer compensation. This could mean the organization is entirely volunteer-run at the executive level, or that compensation for key management is reported under other expense categories, which would require reviewing detailed expense schedules to understand fully.
What is the specific breakdown of program expenses given the NTEE code Y44?
Given the NTEE code Y44 (Employee Benefit Organizations), the program expenses likely consist of direct benefit payments, administrative costs associated with benefit distribution, and related services. A detailed breakdown would require reviewing Schedule O or other specific schedules within the 990.
Why are the assets relatively low compared to annual revenue?
The organization's assets are consistently low (e.g., $388,639 in 2023) compared to its annual revenue (e.g., $10,924,158 in 2023). This suggests that the organization operates primarily as a pass-through entity, distributing funds for benefits rather than accumulating significant reserves or endowments.
Filing History
IRS 990 filing history for Public Employee Benefit Tr Of Ca showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Public Employee Benefit Tr Of Ca's revenue has grown by 17.6%, moving from $9.3M to $10.9M. Total assets decreased by 59.5% over the same period, from $959K to $389K. Total functional expenses rose by 15.8%, from $9.3M to $10.8M. In its most recent filing year (2023), Public Employee Benefit Tr Of Ca reported a surplus of $160K, with revenue exceeding expenses. The organization holds $22K in liabilities against $389K in assets (debt-to-asset ratio: 5.7%), resulting in net assets of $367K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $10.9M | $10.8M | $389K | $22K | — | View 990 |
| 2022 | $10.5M | $10.3M | $231K | $24K | — | View 990 |
| 2021 | $11.1M | $11.1M | $33K | $29K | — | View 990 |
| 2020 | $11.2M | $11.2M | $63K | $55K | — | — |
| 2019 | $11.4M | $11.4M | $926K | $937K | — | View 990 |
| 2018 | $11.5M | $11.6M | $67K | $69K | — | View 990 |
| 2017 | $10.4M | $10.7M | $881K | $849K | — | View 990 |
| 2016 | $10.6M | $10.3M | $1.2M | $847K | — | View 990 |
| 2015 | $10.2M | $10.3M | $958K | $903K | — | View 990 |
| 2014 | $10.7M | $10.8M | $235K | $135K | — | View 990 |
| 2013 | $11.1M | $11.2M | $1.0M | $856K | — | View 990 |
| 2012 | $11.0M | $11.0M | $825K | $540K | — | View 990 |
| 2011 | $10.0M | $10.0M | $332K | $38K | — | View 990 |
| 2010 | $9.3M | $9.3M | $959K | $647K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.9M, expenses of $10.8M, and assets of $389K (revenue +3.8% year-over-year).
- 2022: Revenue of $10.5M, expenses of $10.3M, and assets of $231K (revenue -4.9% year-over-year).
- 2021: Revenue of $11.1M, expenses of $11.1M, and assets of $33K (revenue -1.4% year-over-year).
- 2020: Revenue of $11.2M, expenses of $11.2M, and assets of $63K (revenue -1.1% year-over-year).
- 2019: Revenue of $11.4M, expenses of $11.4M, and assets of $926K (revenue -1.5% year-over-year).
- 2018: Revenue of $11.5M, expenses of $11.6M, and assets of $67K (revenue +11.2% year-over-year).
- 2017: Revenue of $10.4M, expenses of $10.7M, and assets of $881K (revenue -1.9% year-over-year).
- 2016: Revenue of $10.6M, expenses of $10.3M, and assets of $1.2M (revenue +3.1% year-over-year).
- 2015: Revenue of $10.2M, expenses of $10.3M, and assets of $958K (revenue -4.3% year-over-year).
- 2014: Revenue of $10.7M, expenses of $10.8M, and assets of $235K (revenue -3.3% year-over-year).
- 2013: Revenue of $11.1M, expenses of $11.2M, and assets of $1.0M (revenue +0.4% year-over-year).
- 2012: Revenue of $11.0M, expenses of $11.0M, and assets of $825K (revenue +10.1% year-over-year).
- 2011: Revenue of $10.0M, expenses of $10.0M, and assets of $332K (revenue +7.8% year-over-year).
- 2010: Revenue of $9.3M, expenses of $9.3M, and assets of $959K.
Data Sources and Methodology
This transparency report for Public Employee Benefit Tr Of Ca 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.