The Peer Power Foundation Inc
The Peer Power Foundation Inc shows consistent revenue growth with no reported officer compensation, though expenses frequently exceed revenue.
EIN: 202069907 · Memphis, TN · NTEE: B90 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $4.0M |
| Total Expenses | $4.0M |
| Program Spending | 85% |
| CEO/Top Officer Pay | $4 |
| Net Assets | $1.0M |
| Transparency Score | 88/100 |
Is The Peer Power Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Peer Power Foundation Inc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Peer Power Foundation Inc
The Peer Power Foundation Inc (EIN: 202069907) is a nonprofit organization based in Memphis, TN, classified under NTEE code B90. The organization reported total revenue of $4.0M and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Peer Power Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Peer Power Foundation Inc is a mid-size nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9M |
| Total Expenses | $4.0M |
| Surplus / Deficit | $-85,443 |
| Total Assets | $1.3M |
| Total Liabilities | $303K |
| Net Assets | $1.0M |
| Operating Margin | -2.2% |
| Debt-to-Asset Ratio | 22.5% |
| Months of Reserves | 4.1 months |
Financial Health Grade: B
In 2023, The Peer Power Foundation Inc reported a deficit of $85K with expenses exceeding revenue, holds 4.1 months of operating reserves (adequate), has a debt-to-asset ratio of 22.5% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), The Peer Power Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +17.4% | +14.4% | +6.7% |
| 2022 | +23.9% | +23.5% | -5.6% |
| 2021 | +22.4% | +35.1% | -4.7% |
| 2020 | +111.8% | +120.4% | +13.5% |
| 2019 | -10.8% | -54.6% | +8.5% |
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 The Peer Power Foundation Inc with a Mission Score of 88 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: 85%
- fundraising: 5%
According to IRS 990 filings, The Peer Power Foundation Inc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 deficit of $85K, with expenses exceeding revenue.
- Debt-to-asset ratio: 22.5%.
Executive Compensation Analysis
The Peer Power Foundation Inc consistently reports 0% officer compensation across all 13 available IRS 990 filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its size with revenues approaching $4 million.
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 The Peer Power Foundation Inc's IRS 990 filings:
- Expenses frequently exceed revenue, as seen in 2023 ($3,982,003 expenses vs. $3,896,560 revenue), which could indicate reliance on reserves or other funding sources.
- Increasing liabilities over recent years, from $0 in 2017 to $303,234 in 2023, warrants attention.
Strengths
The following positive indicators were identified for The Peer Power Foundation Inc:
- Consistent revenue growth, from $1,455,112 in 2014 to $3,896,560 in 2023, demonstrating strong donor support.
- Zero reported officer compensation across all 13 filings, indicating exceptional financial transparency and efficiency at the leadership level.
- Maintains over $1 million in assets, providing a solid financial foundation.
- Strong program focus implied by the lack of executive compensation, suggesting funds are directed to mission-related activities.
Frequently Asked Questions about The Peer Power Foundation Inc
Is The Peer Power Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Peer Power Foundation Inc (EIN: 202069907) some concerns. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.
How does The Peer Power Foundation Inc spend its money?
The Peer Power Foundation Inc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Peer Power Foundation Inc tax-deductible?
The Peer Power Foundation Inc is registered as a tax-exempt nonprofit (EIN: 202069907). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the The Peer Power Foundation Inc CEO make?
The Peer Power Foundation Inc's highest-compensated officer earns $4 annually. The organization reported $4.0M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of The Peer Power Foundation Inc's spending goes to programs?
The Peer Power Foundation Inc directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Peer Power Foundation Inc compare to similar nonprofits?
With a transparency score of 88/100 (Excellent), The Peer Power Foundation Inc is above average for NTEE category B90 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Peer Power Foundation Inc located?
The Peer Power Foundation Inc is headquartered in Memphis, Tennessee and files with the IRS under EIN 202069907. It is classified under NTEE code B90.
How many years of IRS 990 filings does The Peer Power Foundation Inc have?
The Peer Power Foundation Inc 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 $4.0M in total revenue.
Is The Peer Power Foundation Inc financially stable given that expenses often exceed revenue?
While expenses have exceeded revenue in several recent years (e.g., 2023, 2022, 2021), the organization maintains over $1 million in assets, suggesting it can cover shortfalls. However, sustained deficits could impact long-term stability if not addressed.
How does the 0% officer compensation impact the organization?
The 0% officer compensation is a strong indicator of financial efficiency and a commitment to directing funds to programs. It suggests that leadership may be volunteer-based or compensated through other means not classified as officer compensation on the 990.
What is the trend in the organization's liabilities?
Liabilities have generally increased over time, from $0 in 2014-2017 to $303,234 in 2023. While not excessively high relative to assets, this trend warrants monitoring.
Filing History
IRS 990 filing history for The Peer Power Foundation Inc showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Peer Power Foundation Inc's revenue has grown by 376.7%, moving from $817K to $3.9M. Total assets increased by 15118.9% over the same period, from $9K to $1.3M. Total functional expenses rose by 367.3%, from $852K to $4.0M. In its most recent filing year (2023), The Peer Power Foundation Inc reported a deficit of $85K, with expenses exceeding revenue. The organization holds $303K in liabilities against $1.3M in assets (debt-to-asset ratio: 22.5%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $4.0M | $1.3M | $303K | — | View 990 |
| 2022 | $3.3M | $3.5M | $1.3M | $198K | — | View 990 |
| 2021 | $2.7M | $2.8M | $1.3M | $179K | — | — |
| 2020 | $2.2M | $2.1M | $1.4M | $105K | — | View 990 |
| 2019 | $1.0M | $946K | $1.2M | $40K | — | View 990 |
| 2018 | $1.2M | $2.1M | $1.1M | $31K | — | View 990 |
| 2017 | $3.9M | $1.9M | $2.1M | $0 | — | View 990 |
| 2016 | $1.8M | $1.9M | $18K | $0 | — | View 990 |
| 2015 | $1.7M | $1.9M | $101K | $0 | — | View 990 |
| 2014 | $1.5M | $1.2M | $290K | $0 | — | View 990 |
| 2013 | $1.1M | $1.1M | $44K | $0 | — | View 990 |
| 2012 | $1.0M | $992K | $26K | $0 | — | View 990 |
| 2011 | $817K | $852K | $9K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $4.0M, and assets of $1.3M (revenue +17.4% year-over-year).
- 2022: Revenue of $3.3M, expenses of $3.5M, and assets of $1.3M (revenue +23.9% year-over-year).
- 2021: Revenue of $2.7M, expenses of $2.8M, and assets of $1.3M (revenue +22.4% year-over-year).
- 2020: Revenue of $2.2M, expenses of $2.1M, and assets of $1.4M (revenue +111.8% year-over-year).
- 2019: Revenue of $1.0M, expenses of $946K, and assets of $1.2M (revenue -10.8% year-over-year).
- 2018: Revenue of $1.2M, expenses of $2.1M, and assets of $1.1M (revenue -70.7% year-over-year).
- 2017: Revenue of $3.9M, expenses of $1.9M, and assets of $2.1M (revenue +114.7% year-over-year).
- 2016: Revenue of $1.8M, expenses of $1.9M, and assets of $18K (revenue +5.6% year-over-year).
- 2015: Revenue of $1.7M, expenses of $1.9M, and assets of $101K (revenue +19.7% year-over-year).
- 2014: Revenue of $1.5M, expenses of $1.2M, and assets of $290K (revenue +30.9% year-over-year).
- 2013: Revenue of $1.1M, expenses of $1.1M, and assets of $44K (revenue +10.3% year-over-year).
- 2012: Revenue of $1.0M, expenses of $992K, and assets of $26K (revenue +23.4% year-over-year).
- 2011: Revenue of $817K, expenses of $852K, and assets of $9K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Peer Power Foundation Inc:
Data Sources and Methodology
This transparency report for The Peer Power Foundation 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.