Quick charity verification for Frannie Peabody Center Inc (EIN: 10416974)
Verdict: Frannie Peabody Center Inc appears trustworthy
88/100Mission Score
$5.5MRevenue
$6.0MAssets
2Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation for an organization of this size is unusual and warrants further investigation into how leadership is compensated or structured.
NTEE code is unknown, which limits the ability to benchmark against similar organizations.
Strengths
Significant and consistent revenue growth, from $2,296,239 in 2021 to $3,966,156 in 2023, indicating strong financial health.
Substantial asset growth, from $722,972 in 2021 to $2,786,933 in 2023, enhancing organizational capacity.
Positive net income in recent years (e.g., 2023 revenue of $3,966,156 vs. expenses of $2,351,124), demonstrating financial sustainability.
Low liabilities relative to assets (e.g., 2023 liabilities of $401,585 vs. assets of $2,786,933), indicating a healthy balance sheet.
Spending Breakdown
How Frannie Peabody Center Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Frannie Peabody Center Inc
Is Frannie Peabody Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Frannie Peabody Center Inc (EIN: 10416974) appears trustworthy. Mission Score: 88/100. 2 red flags identified, 4 strengths noted.
Is Frannie Peabody Center Inc a good charity to donate to?
Frannie Peabody Center Inc has a Mission Score of 88/100. Revenue: $5.5M. Assets: $6.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Frannie Peabody Center Inc?
The Employer Identification Number (EIN) for Frannie Peabody Center Inc is 10416974. 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 Frannie Peabody Center Inc spend its money?
Frannie Peabody Center Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Frannie Peabody Center Inc's tax-exempt status?
You can verify Frannie Peabody Center Inc's tax-exempt status using EIN 10416974 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
Frannie Peabody Center Inc demonstrates a positive trend in financial health, with a significant increase in revenue and assets over the past few years. For instance, revenue grew from $2,296,239 in 2021 to $3,966,156 in 2023, and assets surged from $722,972 to $2,786,933 in the same period. This indicates strong financial growth and an improved capacity to deliver on its mission. The organization consistently reports 0% officer compensation, which suggests a commitment to directing funds towards programs rather than executive salaries, enhancing its spending efficiency and transparency.
The organization's spending efficiency appears robust, particularly given the consistent reporting of no officer compensation. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the absence of executive compensation is a strong indicator of efficient resource allocation. The substantial growth in assets and revenue, coupled with controlled expenses (e.g., 2023 expenses of $2,351,124 against revenue of $3,966,156), suggests sound financial management and a focus on building organizational capacity.
Transparency is generally good, with a consistent filing history and clear reporting of key financial metrics. The lack of officer compensation is a notable positive for transparency and public trust. To further enhance transparency, a more detailed breakdown of functional expenses (program, administrative, fundraising) would be beneficial for external stakeholders to fully assess spending efficiency. However, the available data points towards a well-managed and financially growing nonprofit.