Quick charity verification for Friends Of Pearys Eagle Island Ltd (EIN: 10481898)
Verdict: Friends Of Pearys Eagle Island Ltd appears trustworthy
75/100Mission Score
$0Revenue
$0Assets
1Red Flags
3Strengths
Red Flags
Latest filing shows $0 revenue and assets, indicating potential inactivity or cessation of operations without clear explanation.
Strengths
Consistent 0% officer compensation, demonstrating volunteer-driven leadership and efficient use of funds.
Historically low liabilities, indicating sound financial management and lack of debt.
Modest historical expenses relative to revenue, suggesting a lean operational model.
Spending Breakdown
How Friends Of Pearys Eagle Island Ltd 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 Friends Of Pearys Eagle Island Ltd
Is Friends Of Pearys Eagle Island Ltd a legitimate charity?
Based on AI analysis of IRS 990 filings, Friends Of Pearys Eagle Island Ltd (EIN: 10481898) appears trustworthy. Mission Score: 75/100. 1 red flag identified, 3 strengths noted.
Is Friends Of Pearys Eagle Island Ltd a good charity to donate to?
Friends Of Pearys Eagle Island Ltd has a Mission Score of 75/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Friends Of Pearys Eagle Island Ltd?
The Employer Identification Number (EIN) for Friends Of Pearys Eagle Island Ltd is 10481898. 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 Friends Of Pearys Eagle Island Ltd spend its money?
Friends Of Pearys Eagle Island Ltd allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Friends Of Pearys Eagle Island Ltd's tax-exempt status?
You can verify Friends Of Pearys Eagle Island Ltd's tax-exempt status using EIN 10481898 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
Friends Of Pearys Eagle Island Ltd appears to be a very small organization with limited financial activity, as indicated by its latest reported revenue and assets of $0. However, historical filings show some level of operation. For instance, in 2014, it reported revenue of $13,501 and expenses of $11,295, maintaining assets of $45,496. The organization consistently reports 0% officer compensation across all available filings, which is a positive indicator of volunteer-driven leadership and efficient use of funds for its mission. The significant drop to $0 in recent revenue and assets suggests a potential dormancy or winding down of operations, which warrants further investigation for a complete financial picture.
Given the historical data, the organization generally operated with a modest surplus or slight deficit. For example, in 2013, expenses slightly exceeded revenue ($16,092 vs. $15,769), while in 2014, revenue exceeded expenses. The consistent reporting of $0 liabilities across most periods (except for minor liabilities in 2011 and 2012) suggests good financial management and a lack of debt. The lack of recent financial activity makes it difficult to assess current spending efficiency or program focus, but historical data points to a lean operation with no paid executive staff.
Transparency is generally good given the available filings, particularly the clear reporting of no officer compensation. However, the sudden cessation of reported financial activity to $0 in the latest period raises questions about its current operational status and future plans. Without more recent detailed financial statements, a comprehensive assessment of its current financial health and program impact is challenging.