Winston And Alma Pittman Sr Foundation
EIN: 326366017 · Louisville, KY · NTEE: T22
| Metric | Value |
|---|---|
| Total Revenue | $406K |
| Total Expenses | $358K |
| Net Assets | $705K |
Is Winston And Alma Pittman Sr Foundation Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Winston And Alma Pittman Sr Foundation
Winston And Alma Pittman Sr Foundation (EIN: 326366017) is a nonprofit organization based in Louisville, KY, classified under NTEE code T22. The organization reported total revenue of $406K and total assets of $705K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Winston And Alma Pittman Sr Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Winston And Alma Pittman Sr Foundation is a small nonprofit that has been operating for 11 years, with 5 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of 40.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $406K |
| Total Expenses | $358K |
| Surplus / Deficit | +$48K |
| Total Assets | $705K |
| Total Liabilities | $1 |
| Net Assets | $705K |
| Operating Margin | 11.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 23.6 months |
Financial Health Grade: A
In 2023, Winston And Alma Pittman Sr Foundation reported a surplus of $48K with revenue exceeding expenses, holds 23.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 5 years of filings (2019–2023), Winston And Alma Pittman Sr Foundation's revenue has grown at a compound annual growth rate (CAGR) of 40.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.4% | +102.7% | +7.3% |
| 2022 | +100.1% | -14.3% | +51.6% |
| 2021 | -0.1% | +38.7% | -1.4% |
| 2020 | +93.3% | +10.6% | +13.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Winston And Alma Pittman Sr 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 Winston And Alma Pittman Sr 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $48K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Winston And Alma Pittman Sr Foundation
Is Winston And Alma Pittman Sr Foundation a legitimate charity?
Winston And Alma Pittman Sr Foundation (EIN: 326366017) is a registered tax-exempt nonprofit based in Kentucky. It has 5 years of IRS 990 filings on record. Total revenue: $406K. No red flags identified. Financial health grade: A.
How does Winston And Alma Pittman Sr Foundation spend its money?
Winston And Alma Pittman Sr Foundation reported $406K in total revenue in IRS 990 filings. 5 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Winston And Alma Pittman Sr Foundation tax-deductible?
Winston And Alma Pittman Sr Foundation is registered as a tax-exempt nonprofit (EIN: 326366017). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Winston And Alma Pittman Sr Foundation located?
Winston And Alma Pittman Sr Foundation is headquartered in Louisville, Kentucky and files with the IRS under EIN 326366017. It is classified under NTEE code T22.
How many years of IRS 990 filings does Winston And Alma Pittman Sr Foundation have?
Winston And Alma Pittman Sr Foundation has 5 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 $406K in total revenue.
Filing History
IRS 990 filing history for Winston And Alma Pittman Sr Foundation showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Winston And Alma Pittman Sr Foundation's revenue has grown by 291.8%, moving from $104K to $406K. Total assets increased by 81.8% over the same period, from $388K to $705K. Total functional expenses rose by 166.5%, from $134K to $358K. In its most recent filing year (2023), Winston And Alma Pittman Sr Foundation reported a surplus of $48K, with revenue exceeding expenses. The organization holds $1 in liabilities against $705K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $705K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $406K | $358K | $705K | $1 | — | — |
| 2022 | $400K | $177K | $657K | $1 | — | View 990 |
| 2021 | $200K | $206K | $433K | $1 | — | View 990 |
| 2020 | $200K | $149K | $439K | $1 | — | View 990 |
| 2019 | $104K | $134K | $388K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $406K, expenses of $358K, and assets of $705K (revenue +1.4% year-over-year).
- 2022: Revenue of $400K, expenses of $177K, and assets of $657K (revenue +100.1% year-over-year).
- 2021: Revenue of $200K, expenses of $206K, and assets of $433K (revenue -0.1% year-over-year).
- 2020: Revenue of $200K, expenses of $149K, and assets of $439K (revenue +93.3% year-over-year).
- 2019: Revenue of $104K, expenses of $134K, and assets of $388K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Winston And Alma Pittman Sr Foundation:
Data Sources and Methodology
This transparency report for Winston And Alma Pittman Sr 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.