The Prbb Foundation
Prbb Foundation's assets decline amid volatile revenue and expenses exceeding income.
EIN: 204186644 · Bozeman, MT · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $373K |
| Total Expenses | $364K |
| Program Spending | 70% |
| Net Assets | $1.9M |
| Transparency Score | 55/100 |
Is The Prbb Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Prbb Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About The Prbb Foundation
The Prbb Foundation (EIN: 204186644) is a nonprofit organization based in Bozeman, MT, classified under NTEE code T22. The organization reported total revenue of $373K and total assets of $1.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Prbb Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Prbb Foundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -10.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $80K |
| Total Expenses | $364K |
| Surplus / Deficit | $-283,923 |
| Total Assets | $1.9M |
| Total Liabilities | $1 |
| Net Assets | $1.9M |
| Operating Margin | -354.0% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 63.7 months |
Financial Health Grade: B
In 2023, The Prbb Foundation reported a deficit of $284K with expenses exceeding revenue, holds 63.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), The Prbb Foundation's revenue has declined at a compound annual growth rate (CAGR) of -10.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -131.6% | -5.7% | -17.3% |
| 2021 | -43.5% | +52.6% | +8.2% |
| 2020 | +546.4% | +82.3% | +10.8% |
| 2019 | -87.5% | -20.8% | -2.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
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 Prbb Foundation with a Mission Score of 55 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, The Prbb Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $284K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The Prbb Foundation consistently reports 0% officer compensation across all available filings, suggesting a volunteer-led executive structure or that compensation is not reported under this category, which could contribute to lower administrative overhead.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of The Prbb Foundation's IRS 990 filings:
- Negative revenue reported in 2022 ($-100,090), indicating significant financial losses or returns.
- Consistent pattern of expenses exceeding revenue in recent years (e.g., 2023 expenses $364,119 vs. revenue $80,196).
- Significant decline in assets from $2,682,621 in 2021 to $1,934,356 in 2023.
- Highly volatile revenue streams over the past decade.
Strengths
The following positive indicators were identified for The Prbb Foundation:
- Consistent reporting of 0% officer compensation, potentially indicating efficient leadership costs.
- Long history of IRS 990 filings (10 filings), demonstrating transparency in reporting.
- Maintains a substantial asset base ($1,820,277 latest) despite recent declines.
Frequently Asked Questions about The Prbb Foundation
Is The Prbb Foundation a legitimate charity?
The Prbb Foundation (EIN: 204186644) is a registered tax-exempt nonprofit based in Montana. Our AI analysis gives it a Mission Score of 55/100. It has 10 years of IRS 990 filings on record. Total revenue: $373K. 4 red flags identified. 3 strengths noted. Financial health grade: B.
How does The Prbb Foundation spend its money?
The Prbb Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to The Prbb Foundation tax-deductible?
The Prbb Foundation is registered as a tax-exempt nonprofit (EIN: 204186644). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Prbb Foundation's spending goes to programs?
The Prbb Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does The Prbb Foundation compare to similar nonprofits?
With a transparency score of 55/100 (Fair), The Prbb Foundation is near average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Prbb Foundation located?
The Prbb Foundation is headquartered in Bozeman, Montana and files with the IRS under EIN 204186644. It is classified under NTEE code T22.
How many years of IRS 990 filings does The Prbb Foundation have?
The Prbb Foundation has 10 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 $373K in total revenue.
Is The Prbb Foundation a good charity?
The Prbb Foundation's financial health shows concerning trends, including declining assets from $2,682,621 in 2021 to $1,934,356 in 2023, and expenses frequently exceeding revenue (e.g., $364,119 expenses vs. $80,196 revenue in 2023). While officer compensation is consistently 0%, indicating potential efficiency in leadership costs, the overall financial sustainability is questionable without more detailed spending breakdowns.
Why did The Prbb Foundation have negative revenue in 2022?
In 2022, The Prbb Foundation reported negative revenue of $-100,090. This could be due to significant investment losses, substantial returns of contributions to donors, or other unusual financial events. This is a significant red flag for financial stability.
How has The Prbb Foundation's asset base changed over time?
The Prbb Foundation's assets have fluctuated, peaking at $2,682,621 in 2021 but declining to $1,934,356 by 2023. This represents a decrease of over $700,000 in assets in just two years, indicating a draw-down on its reserves.
What is the trend in The Prbb Foundation's expenses?
The Prbb Foundation's expenses have generally increased in recent years, reaching $364,119 in 2023 and $401,398 in 2022, often significantly outpacing revenue. This trend suggests a reliance on existing assets to cover operational costs.
Filing History
IRS 990 filing history for The Prbb Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Prbb Foundation's revenue has declined by 74.8%, moving from $318K to $80K. Total assets increased by 12.4% over the same period, from $1.7M to $1.9M. Total functional expenses rose by 270.7%, from $98K to $364K. In its most recent filing year (2023), The Prbb Foundation reported a deficit of $284K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $80K | $364K | $1.9M | $1 | — | — |
| 2022 | $-100,090 | $401K | $2.2M | $1 | — | View 990 |
| 2021 | $317K | $426K | $2.7M | $1 | — | View 990 |
| 2020 | $560K | $279K | $2.5M | $1 | — | View 990 |
| 2019 | $87K | $153K | $2.2M | $1 | — | View 990 |
| 2015 | $691K | $193K | $2.3M | $74 | — | View 990 |
| 2014 | $44K | $128K | $2.1M | $1K | — | View 990 |
| 2013 | $285K | $121K | $2.2M | $1 | — | View 990 |
| 2012 | $547K | $94K | $1.9M | $1 | — | View 990 |
| 2011 | $318K | $98K | $1.7M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $80K, expenses of $364K, and assets of $1.9M.
- 2022: Revenue of $-100,090, expenses of $401K, and assets of $2.2M (revenue -131.6% year-over-year).
- 2021: Revenue of $317K, expenses of $426K, and assets of $2.7M (revenue -43.5% year-over-year).
- 2020: Revenue of $560K, expenses of $279K, and assets of $2.5M (revenue +546.4% year-over-year).
- 2019: Revenue of $87K, expenses of $153K, and assets of $2.2M (revenue -87.5% year-over-year).
- 2015: Revenue of $691K, expenses of $193K, and assets of $2.3M (revenue +1485.9% year-over-year).
- 2014: Revenue of $44K, expenses of $128K, and assets of $2.1M (revenue -84.7% year-over-year).
- 2013: Revenue of $285K, expenses of $121K, and assets of $2.2M (revenue -48.0% year-over-year).
- 2012: Revenue of $547K, expenses of $94K, and assets of $1.9M (revenue +71.8% year-over-year).
- 2011: Revenue of $318K, expenses of $98K, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Prbb Foundation:
Data Sources and Methodology
This transparency report for The Prbb 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.