Quick charity verification for Conrad Prebys Foundation (EIN: 203216993)
Verdict: Conrad Prebys Foundation appears trustworthy
90/100Mission Score
$547.5MRevenue
$1.1BAssets
2Red Flags
4Strengths
Red Flags
Negative revenue reported in 2023 (-$58,066,159) warrants further investigation into investment performance, though common for foundations.
Lack of detailed breakdown for administrative expenses beyond officer compensation makes it difficult to fully assess overhead efficiency.
Strengths
Robust asset base, consistently over $1 billion, providing long-term financial stability (e.g., $1,125,949,431 in 2023).
Significant annual expenses dedicated to its mission (e.g., $63,631,241 in 2023).
Zero reported officer compensation across all filings, indicating high efficiency in directing funds to programs.
Clear focus as a private grantmaking foundation (NTEE T22) with consistent activity.
Spending Breakdown
How Conrad Prebys Foundation allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
0%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Conrad Prebys Foundation
Is Conrad Prebys Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Conrad Prebys Foundation (EIN: 203216993) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 4 strengths noted.
Is Conrad Prebys Foundation a good charity to donate to?
Conrad Prebys Foundation has a Mission Score of 90/100. Revenue: $547.5M. Assets: $1.1B. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Conrad Prebys Foundation?
The Employer Identification Number (EIN) for Conrad Prebys Foundation is 203216993. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Conrad Prebys Foundation spend its money?
Conrad Prebys Foundation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Conrad Prebys Foundation's tax-exempt status?
You can verify Conrad Prebys Foundation's tax-exempt status using EIN 203216993 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Conrad Prebys Foundation demonstrates a strong commitment to its programmatic mission, as evidenced by its substantial asset base and significant program spending. In the 2023 fiscal year, the foundation reported expenses of $63,631,241, with a notable portion directed towards its charitable activities. The foundation's assets have consistently remained over $1 billion in recent years, reaching $1,125,949,431 in 2023, indicating robust financial health and capacity for future grantmaking. While the 2023 revenue showed a negative figure of $-58,066,159, this is not uncommon for foundations that primarily derive income from investments, which can fluctuate. The absence of reported officer compensation across all filings suggests a lean administrative structure or that compensation is handled through other means not captured in this specific field, which could contribute to higher spending efficiency. The foundation's NTEE code T22 (Private Grantmaking Foundations) aligns with its operational model.