The Piedmont Foundation
EIN: 541954368 · Warrenton, VA · NTEE: C113
About The Piedmont Foundation
The Piedmont Foundation (EIN: 541954368) is a nonprofit organization based in Warrenton, VA, classified under NTEE code C113. The organization reported total revenue of $2.4M and total assets of $27.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Piedmont Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for The Piedmont 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 The Piedmont 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.
Filing History
IRS 990 filing history for The Piedmont Foundation showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), The Piedmont Foundation's revenue has grown by 250.5%, moving from $225K to $789K. Total assets increased by 195% over the same period, from $8.2M to $24.1M. Total functional expenses rose by 83.5%, from $618K to $1.1M. In its most recent filing year (2023), The Piedmont Foundation reported a deficit of $345K, with expenses exceeding revenue.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $789K | $1.1M | $24.1M | $0 | — | — |
| 2022 | $571K | $2.0M | $20.7M | $152K | — | View 990 |
| 2021 | $3.0M | $962K | $28.0M | $113K | — | View 990 |
| 2020 | $393K | $838K | $23.9M | $118K | — | View 990 |
| 2019 | $733K | $930K | $21.7M | $17K | — | View 990 |
| 2018 | $1.2M | $851K | $18.0M | $23K | — | View 990 |
| 2017 | $379K | $792K | $19.3M | $12K | — | View 990 |
| 2016 | $6.9M | $575K | $17.2M | $8K | — | View 990 |
| 2015 | $1.1M | $748K | $9.8M | $11K | — | View 990 |
| 2014 | $345K | $606K | $10.6M | $48K | — | View 990 |
| 2013 | $1.6M | $581K | $10.9M | $3K | — | View 990 |
| 2012 | $2.2M | $482K | $10.0M | $120K | — | View 990 |
| 2011 | $225K | $618K | $8.2M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $789K, expenses of $1.1M, and assets of $24.1M (revenue +38.0% year-over-year).
- 2022: Revenue of $571K, expenses of $2.0M, and assets of $20.7M (revenue -80.8% year-over-year).
- 2021: Revenue of $3.0M, expenses of $962K, and assets of $28.0M (revenue +656.6% year-over-year).
- 2020: Revenue of $393K, expenses of $838K, and assets of $23.9M (revenue -46.4% year-over-year).
- 2019: Revenue of $733K, expenses of $930K, and assets of $21.7M (revenue -40.5% year-over-year).
- 2018: Revenue of $1.2M, expenses of $851K, and assets of $18.0M (revenue +225.4% year-over-year).
- 2017: Revenue of $379K, expenses of $792K, and assets of $19.3M (revenue -94.5% year-over-year).
- 2016: Revenue of $6.9M, expenses of $575K, and assets of $17.2M (revenue +558.3% year-over-year).
- 2015: Revenue of $1.1M, expenses of $748K, and assets of $9.8M (revenue +205.3% year-over-year).
- 2014: Revenue of $345K, expenses of $606K, and assets of $10.6M (revenue -78.7% year-over-year).
- 2013: Revenue of $1.6M, expenses of $581K, and assets of $10.9M (revenue -25.4% year-over-year).
- 2012: Revenue of $2.2M, expenses of $482K, and assets of $10.0M (revenue +868.7% year-over-year).
- 2011: Revenue of $225K, expenses of $618K, and assets of $8.2M.
Data Sources and Methodology
This transparency report for The Piedmont 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.