Rich Pond Elementary Pto Inc
Rich Pond Elementary PTO maintains strong volunteer leadership and zero liabilities amidst fluctuating revenues.
EIN: 10818553 · Bowling Green, KY · NTEE: B112 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $186K |
| Total Expenses | $122K |
| Program Spending | 90% |
| Net Assets | $104K |
| Transparency Score | 85/100 |
Is Rich Pond Elementary Pto Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Rich Pond Elementary Pto Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Rich Pond Elementary Pto Inc
Rich Pond Elementary Pto Inc (EIN: 10818553) is a nonprofit organization based in Bowling Green, KY, classified under NTEE code B112. The organization reported total revenue of $186K and total assets of $90K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Rich Pond Elementary Pto Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Rich Pond Elementary Pto Inc is a small nonprofit that has been operating for 21 years, with 14 years of IRS 990 filings on record (2011–2024).
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $114K |
| Total Expenses | $122K |
| Surplus / Deficit | $-7,993 |
| Total Assets | $104K |
| Net Assets | $104K |
| Operating Margin | -7.0% |
| Months of Reserves | 10.2 months |
Financial Health Grade: B
In 2024, Rich Pond Elementary Pto Inc reported a deficit of $8K with expenses exceeding revenue, holds 10.2 months of operating reserves (strong position).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -39.5% | -30.4% | -7.1% |
| 2023 | -35.5% | -29.9% | +12.8% |
| 2022 | +253.7% | +298.5% | +73.7% |
| 2021 | -58.0% | -72.3% | +409.2% |
| 2020 | +62.2% | +106.7% | -72.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 2005 |
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 Rich Pond Elementary Pto Inc 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: 90%
- fundraising: 5%
According to IRS 990 filings, Rich Pond Elementary Pto Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $8K, with expenses exceeding revenue.
Executive Compensation Analysis
Executive compensation is 0% across all reported periods, indicating a fully volunteer-led organization, which is highly efficient for a PTO of this size.
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.
Strengths
The following positive indicators were identified for Rich Pond Elementary Pto Inc:
- Zero officer compensation, indicating a volunteer-driven model and high efficiency.
- Consistently reports zero liabilities, demonstrating strong financial health and no debt.
- Consistent IRS 990 filing history over 14 periods, showing commitment to transparency and compliance.
- Growing asset base, from $6,227 in 201606 to $103,832 in 202406, indicating effective resource accumulation.
- Strong program focus implied by the nature of a PTO and absence of significant administrative overhead.
Frequently Asked Questions about Rich Pond Elementary Pto Inc
Is Rich Pond Elementary Pto Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Rich Pond Elementary Pto Inc (EIN: 10818553) appears legitimate. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.
How does Rich Pond Elementary Pto Inc spend its money?
Rich Pond Elementary Pto Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Rich Pond Elementary Pto Inc tax-deductible?
Rich Pond Elementary Pto Inc is registered as a tax-exempt nonprofit (EIN: 10818553). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Rich Pond Elementary Pto Inc's spending goes to programs?
Rich Pond Elementary Pto Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Rich Pond Elementary Pto Inc compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Rich Pond Elementary Pto Inc is above average for NTEE category B112 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Rich Pond Elementary Pto Inc located?
Rich Pond Elementary Pto Inc is headquartered in Bowling Green, Kentucky and files with the IRS under EIN 10818553. It is classified under NTEE code B112.
How many years of IRS 990 filings does Rich Pond Elementary Pto Inc have?
Rich Pond Elementary Pto Inc has 14 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 $186K in total revenue.
Is Rich Pond Elementary Pto Inc a good charity?
Based on the available data, Rich Pond Elementary Pto Inc appears to be a well-managed organization. It has zero liabilities, no paid executive compensation, and a consistent history of IRS filings, all pointing to good financial stewardship and transparency.
How does Rich Pond Elementary Pto Inc manage its finances?
The organization manages its finances effectively, consistently reporting zero liabilities and growing its assets from $6,227 in 201606 to $103,832 in 202406. Revenues fluctuate, but expenses are generally kept in line, as seen in the 202406 period where expenses ($121,848) were slightly higher than revenue ($113,855), indicating active use of funds.
What is the trend in Rich Pond Elementary Pto Inc's revenue?
Rich Pond Elementary Pto Inc's revenue has fluctuated significantly over the years, from a low of $43,426 in 201506 to a high of $291,946 in 202206, and most recently $113,855 in 202406. This pattern is typical for PTOs that rely on annual fundraising cycles.
Filing History
IRS 990 filing history for Rich Pond Elementary Pto Inc showing financial trends over 14 years of public records:
Total assets increased by 614.4% over the same period, from $15K to $104K. Total functional expenses rose by 276827.3%, from $44 to $122K. In its most recent filing year (2024), Rich Pond Elementary Pto Inc reported a deficit of $8K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $114K | $122K | $104K | $0 | — | — |
| 2023 | $188K | $175K | $112K | $0 | — | — |
| 2022 | $292K | $250K | $99K | $0 | — | View 990 |
| 2021 | $83K | $63K | $57K | $0 | — | View 990 |
| 2020 | $197K | $226K | $11K | $0 | — | View 990 |
| 2019 | $121K | $109K | $40K | $0 | — | View 990 |
| 2018 | $106K | $117K | $29K | $0 | — | — |
| 2017 | $102K | $69K | $40K | $0 | — | View 990 |
| 2016 | $64K | $65K | $6K | $0 | — | View 990 |
| 2015 | $43K | $46K | $7K | $0 | — | View 990 |
| 2014 | $19K | $20K | $10K | $0 | — | View 990 |
| 2013 | $35K | $45K | $11K | $0 | — | View 990 |
| 2012 | $46K | $39K | $21K | $0 | — | View 990 |
| 2011 | $-11,889 | $44 | $15K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $114K, expenses of $122K, and assets of $104K (revenue -39.5% year-over-year).
- 2023: Revenue of $188K, expenses of $175K, and assets of $112K (revenue -35.5% year-over-year).
- 2022: Revenue of $292K, expenses of $250K, and assets of $99K (revenue +253.7% year-over-year).
- 2021: Revenue of $83K, expenses of $63K, and assets of $57K (revenue -58.0% year-over-year).
- 2020: Revenue of $197K, expenses of $226K, and assets of $11K (revenue +62.2% year-over-year).
- 2019: Revenue of $121K, expenses of $109K, and assets of $40K (revenue +14.2% year-over-year).
- 2018: Revenue of $106K, expenses of $117K, and assets of $29K (revenue +3.9% year-over-year).
- 2017: Revenue of $102K, expenses of $69K, and assets of $40K (revenue +58.7% year-over-year).
- 2016: Revenue of $64K, expenses of $65K, and assets of $6K (revenue +48.3% year-over-year).
- 2015: Revenue of $43K, expenses of $46K, and assets of $7K (revenue +132.7% year-over-year).
- 2014: Revenue of $19K, expenses of $20K, and assets of $10K (revenue -46.1% year-over-year).
- 2013: Revenue of $35K, expenses of $45K, and assets of $11K (revenue -24.5% year-over-year).
- 2012: Revenue of $46K, expenses of $39K, and assets of $21K.
- 2011: Revenue of $-11,889, expenses of $44, and assets of $15K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Rich Pond Elementary Pto Inc:
Data Sources and Methodology
This transparency report for Rich Pond Elementary Pto Inc 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.