Maintains a substantial asset base ($960,943) to support its mission.
Low liabilities ($1 in most recent filings), indicating strong financial management.
Spending Breakdown
How Elizabeth Bishop Perkins Trust allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Elizabeth Bishop Perkins Trust
Is Elizabeth Bishop Perkins Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Elizabeth Bishop Perkins Trust (EIN: 16008022) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Elizabeth Bishop Perkins Trust a good charity to donate to?
Elizabeth Bishop Perkins Trust has a Mission Score of 85/100. Revenue: $239K. Assets: $961K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Elizabeth Bishop Perkins Trust?
The Employer Identification Number (EIN) for Elizabeth Bishop Perkins Trust is 16008022. 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 Elizabeth Bishop Perkins Trust spend its money?
Elizabeth Bishop Perkins Trust allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Elizabeth Bishop Perkins Trust's tax-exempt status?
You can verify Elizabeth Bishop Perkins Trust's tax-exempt status using EIN 16008022 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 Elizabeth Bishop Perkins Trust appears to be a grant-making organization, as indicated by its consistent expenses exceeding revenue in recent years, suggesting it's distributing funds from its asset base. The organization has maintained a healthy asset base, currently at $960,943, despite a gradual decline from over $1.3 million in 2015. Its financial health is stable, though it has consistently operated at a deficit in the last six reported periods, with expenses exceeding revenue. For example, in 2024, expenses were $114,369 against revenue of $85,091. This pattern suggests a planned distribution of assets rather than a focus on generating new revenue for operational expenses.
Spending efficiency is difficult to fully assess without a detailed breakdown of expenses, but the consistent outflow of funds indicates active grant-making or program support. The absence of officer compensation across all reported periods is a significant positive indicator of efficiency and dedication, as it means all available funds are directed towards the organization's mission rather than executive salaries. This also contributes positively to transparency, as there are no complex compensation structures to scrutinize.
Transparency is high due to the consistent filing of IRS Form 990s and the clear indication of zero officer compensation. The organization's financial activities, while showing a trend of asset depletion, are consistently reported. However, without NTEE code or specific program details, the exact nature and impact of its spending remain somewhat opaque beyond the financial figures. Further details on grant recipients or program activities would enhance understanding of its programmatic effectiveness.