Is Fred And Gertrude Perlberg Foundation Inc Legit?
Quick charity verification for Fred And Gertrude Perlberg Foundation Inc (EIN: 136100032)
Verdict: Fred And Gertrude Perlberg Foundation Inc appears trustworthy
85/100Mission Score
$80KRevenue
$1.5MAssets
2Red Flags
5Strengths
Red Flags
NTEE Code Unknown, limiting clarity on specific mission focus
Lack of detailed program spending breakdown in public filings
Strengths
Strong and consistent asset base, exceeding $1.4 million in recent years
Minimal liabilities, consistently under $2,000, indicating low financial risk
Zero officer compensation reported across all filings, maximizing funds for mission
Consistent revenue generation, generally exceeding expenses
Extensive filing history (10 filings) demonstrating long-term operational stability
Spending Breakdown
How Fred And Gertrude Perlberg Foundation Inc 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 Fred And Gertrude Perlberg Foundation Inc
Is Fred And Gertrude Perlberg Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Fred And Gertrude Perlberg Foundation Inc (EIN: 136100032) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is Fred And Gertrude Perlberg Foundation Inc a good charity to donate to?
Fred And Gertrude Perlberg Foundation Inc has a Mission Score of 85/100. Revenue: $80K. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Fred And Gertrude Perlberg Foundation Inc?
The Employer Identification Number (EIN) for Fred And Gertrude Perlberg Foundation Inc is 136100032. 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 Fred And Gertrude Perlberg Foundation Inc spend its money?
Fred And Gertrude Perlberg Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Fred And Gertrude Perlberg Foundation Inc's tax-exempt status?
You can verify Fred And Gertrude Perlberg Foundation Inc's tax-exempt status using EIN 136100032 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 Fred And Gertrude Perlberg Foundation Inc demonstrates consistent financial stability with assets consistently over $1.3 million, reaching $1,490,686 in the latest period. Revenue has fluctuated but generally covers expenses, with the latest period showing revenue of $85,825 against expenses of $58,523, indicating a healthy surplus. The organization's liabilities are minimal, consistently under $2,000, which is a strong indicator of financial health and low risk.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, as the provided data only includes total expenses. However, the consistent surplus in most years suggests prudent management of overall expenditures relative to income. The foundation's primary function appears to be grant-making, given its structure and lack of officer compensation, which typically implies a lean operational model.
Transparency is good in terms of public filings, with 10 years of IRS 990 data available. The absence of officer compensation is a positive transparency indicator, showing that the foundation's resources are not being used for executive salaries. However, without a detailed NTEE code or specific program descriptions, the exact impact and focus of its grants remain less transparent to the public.