Is Frank & Janina Petschek Foundation Inc…

Quick charity verification for Frank & Janina Petschek Foundation Inc (EIN: 136062709)

Strengths

Consistently low expenses relative to revenue, indicating high efficiency (e.g., $9,566 expenses on $83,509 revenue in 202308).
Zero reported officer compensation across all filings, enhancing trust and demonstrating a volunteer-driven or highly efficient leadership model.
Consistent asset growth over time, from $471,145 in 2011 to $785,444 in 2023, indicating strong financial management and sustainability.
Negligible liabilities reported, suggesting a very healthy balance sheet.
Consistent filing of IRS Form 990s, demonstrating transparency and compliance.

Spending Breakdown

How Frank & Janina Petschek Foundation Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Frank & Janina Petschek Foundation Inc

Is Frank & Janina Petschek Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Frank & Janina Petschek Foundation Inc (EIN: 136062709) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.

Is Frank & Janina Petschek Foundation Inc a good charity to donate to?

Frank & Janina Petschek Foundation Inc has a Mission Score of 90/100. Revenue: $2.3M. Assets: $2.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Frank & Janina Petschek Foundation Inc?

The Employer Identification Number (EIN) for Frank & Janina Petschek Foundation Inc is 136062709. 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 Frank & Janina Petschek Foundation Inc spend its money?

Frank & Janina Petschek Foundation Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Frank & Janina Petschek Foundation Inc's tax-exempt status?

You can verify Frank & Janina Petschek Foundation Inc's tax-exempt status using EIN 136062709 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 Frank & Janina Petschek Foundation Inc. demonstrates strong financial health with consistently low expenses relative to revenue across its filing history. For instance, in the 202308 period, the organization reported revenue of $83,509 against expenses of only $9,566, indicating efficient management of its incoming funds. Its assets have shown growth over time, reaching $785,444 in the latest period, with negligible liabilities, suggesting a stable financial position. The foundation's transparency is commendable, as it consistently files its IRS Form 990s, and the absence of officer compensation further enhances its image as a lean operation focused on its mission. The lack of an NTEE code, however, makes it difficult to benchmark its programmatic focus against similar organizations.

The organization's spending efficiency appears very high, with expenses consistently being a small fraction of its revenue. This suggests that a significant portion of its income is either retained for future programmatic use or distributed as grants, although the specific breakdown of program spending versus administrative and fundraising costs is not explicitly detailed in the provided summary. Given the low overall expenses, it's reasonable to infer that administrative and fundraising overheads are minimal. The foundation's consistent asset growth, from $471,145 in 2011 to $785,444 in 2023, further underscores its financial prudence and ability to build reserves.

Overall, the Frank & Janina Petschek Foundation Inc. appears to be a financially sound and efficiently managed organization. Its consistent filing of IRS 990s and zero reported officer compensation contribute positively to its transparency. While a detailed breakdown of program spending would offer more insight into its direct impact, the low expense ratios across multiple years are a strong indicator of responsible financial stewardship.

Is Frank & Janina Petschek Foundation Inc Legit?

Verdict: Frank & Janina Petschek Foundation Inc appears trustworthy

Red Flags