Is Je Pittman And Marjorie B Pittman Foundation Inc Legit?
Quick charity verification for Je Pittman And Marjorie B Pittman Foundation Inc (EIN: 204355074)
Verdict: Je Pittman And Marjorie B Pittman Foundation Inc appears trustworthy
90/100Mission Score
$33KRevenue
$382KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth from $199,928 in 2011 to $354,220 in 2023.
Zero officer compensation reported across all filings, indicating high operational efficiency.
Minimal liabilities consistently reported, often just $1, reflecting strong financial health.
Consistent filing of IRS Form 990s over a decade, demonstrating transparency.
Expenses generally kept below revenue, contributing to financial stability.
Spending Breakdown
How Je Pittman And Marjorie B Pittman 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 Je Pittman And Marjorie B Pittman Foundation Inc
Is Je Pittman And Marjorie B Pittman Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Je Pittman And Marjorie B Pittman Foundation Inc (EIN: 204355074) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Je Pittman And Marjorie B Pittman Foundation Inc a good charity to donate to?
Je Pittman And Marjorie B Pittman Foundation Inc has a Mission Score of 90/100. Revenue: $33K. Assets: $382K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Je Pittman And Marjorie B Pittman Foundation Inc?
The Employer Identification Number (EIN) for Je Pittman And Marjorie B Pittman Foundation Inc is 204355074. 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 Je Pittman And Marjorie B Pittman Foundation Inc spend its money?
Je Pittman And Marjorie B Pittman Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Je Pittman And Marjorie B Pittman Foundation Inc's tax-exempt status?
You can verify Je Pittman And Marjorie B Pittman Foundation Inc's tax-exempt status using EIN 204355074 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 Je Pittman And Marjorie B Pittman Foundation Inc demonstrates consistent financial stability as a private foundation, with assets growing from $199,928 in 2011 to $354,220 in 2023. The organization consistently reports minimal liabilities, often just $1, indicating a very healthy balance sheet. Revenue has fluctuated over the years, with a notable peak of $55,160 in 2015 and a recent high of $28,621 in 2023. Expenses have generally remained below revenue, contributing to asset growth, though there were periods like 2021 and 2019 where expenses exceeded revenue, drawing from reserves.
Regarding spending efficiency, without a detailed breakdown of expenses beyond total expenses, it's challenging to precisely determine program versus administrative spending. However, as a private foundation, a significant portion of their expenses would typically be grants paid out, which are direct program activities. The consistent reporting of 0% officer compensation across all available filings suggests a highly efficient operational model with no executive salary burden, which is a strong positive indicator for donor confidence. The foundation's consistent filing of IRS Form 990s over a decade demonstrates a commitment to transparency.
Overall, the foundation appears to be well-managed financially, maintaining a strong asset base and operating with very low overhead in terms of executive compensation. Its consistent growth in assets over the long term, despite revenue fluctuations, points to prudent financial management. Further insight into the specific nature of their program spending would enhance the understanding of their direct impact.