Quick charity verification for James P Pace Family Foundation (EIN: 202061425)
Verdict: James P Pace Family Foundation appears trustworthy
85/100Mission Score
$215KRevenue
$1.5MAssets
1Red Flags
4Strengths
Red Flags
Fluctuating annual revenues make long-term financial planning less predictable.
Strengths
Consistent zero officer compensation, indicating efficient use of funds.
Stable and growing asset base, increasing from $1.04 million in 2011 to $1.45 million in 2023.
Low liabilities ($1 in recent years) indicating sound financial management.
Consistent IRS 990 filing history demonstrates transparency.
Spending Breakdown
How James P Pace Family Foundation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
15%
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 James P Pace Family Foundation
Is James P Pace Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, James P Pace Family Foundation (EIN: 202061425) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is James P Pace Family Foundation a good charity to donate to?
James P Pace Family Foundation has a Mission Score of 85/100. Revenue: $215K. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for James P Pace Family Foundation?
The Employer Identification Number (EIN) for James P Pace Family Foundation is 202061425. 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 James P Pace Family Foundation spend its money?
James P Pace Family Foundation allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify James P Pace Family Foundation's tax-exempt status?
You can verify James P Pace Family Foundation's tax-exempt status using EIN 202061425 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 James P Pace Family Foundation operates as a private foundation, as indicated by its consistent revenue and expense patterns, and the NTEE code T20 (Private Grantmaking Foundations). Over the past decade, the foundation has maintained a stable asset base, growing from approximately $1.04 million in 2011 to $1.45 million in 2023. Its revenue streams fluctuate significantly year-to-year, ranging from a low of $15,578 in 2020 to a high of $130,649 in 2021, suggesting reliance on investment income or specific contributions rather than broad public support.
The foundation consistently reports zero officer compensation across all available filings, which is a strong indicator of efficient use of funds and a commitment to directing resources towards its mission, likely through grants. However, without detailed breakdowns of expenses beyond total expenses, it's challenging to fully assess spending efficiency between program services, administration, and fundraising. Given its nature as a private foundation, fundraising expenses are typically minimal or non-existent, and administrative costs would primarily relate to grantmaking operations and compliance.
Transparency is generally good through its consistent IRS 990 filings. The consistent reporting of minimal liabilities ($1 in recent years) also suggests sound financial management. The primary area for further transparency would be a more detailed breakdown of its grantmaking activities and administrative overhead if available beyond the standard 990 summary.