Is Lenny Peters Foundation Inc Legit?

Quick charity verification for Lenny Peters Foundation Inc (EIN: 205359020)

Verdict: Lenny Peters Foundation Inc appears trustworthy

80/100Mission Score
$1.5MRevenue
$1.2MAssets
2Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Lenny Peters Foundation 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 Lenny Peters Foundation Inc

Is Lenny Peters Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Lenny Peters Foundation Inc (EIN: 205359020) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.

Is Lenny Peters Foundation Inc a good charity to donate to?

Lenny Peters Foundation Inc has a Mission Score of 80/100. Revenue: $1.5M. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Lenny Peters Foundation Inc?

The Employer Identification Number (EIN) for Lenny Peters Foundation Inc is 205359020. 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 Lenny Peters Foundation Inc spend its money?

Lenny Peters Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Lenny Peters Foundation Inc's tax-exempt status?

You can verify Lenny Peters Foundation Inc's tax-exempt status using EIN 205359020 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 Lenny Peters Foundation Inc. demonstrates a mixed financial picture. While the organization has shown significant growth in total revenue over its filing history, reaching $1,473,025, its latest reported period (202212) shows expenses ($693,268) significantly exceeding revenue ($293,483), leading to a substantial net loss for that year. This trend of expenses sometimes outstripping revenue, as seen in 202212, warrants closer examination to ensure long-term sustainability. However, the foundation consistently reports 0% officer compensation, which is a strong indicator of efficient use of funds at the executive level and a commitment to directing resources towards its mission. The organization's assets have also grown considerably over time, from $239,056 in 201112 to $1,161,061 currently, indicating a growing financial base, though the recent dip in assets from $1,247,042 in 202212 to the current $1,161,061 should be monitored. Spending efficiency appears to be a strength, particularly given the absence of officer compensation. This suggests that operational costs are managed without high executive salaries. However, without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, a precise assessment of spending efficiency across these categories is challenging. The significant liabilities reported in some years, such as $729,317 in 202012 and $431,490 in 202212, compared to other years with minimal liabilities, could indicate fluctuating financial obligations that impact overall financial health. Transparency regarding executive compensation is excellent, with a consistent report of 0%. However, the lack of detailed expense breakdowns (program vs. admin vs. fundraising) in the provided data limits a full assessment of spending transparency. The consistent filing of IRS 990s over many years demonstrates a commitment to regulatory compliance and basic financial transparency. The fluctuating revenue and expense figures, particularly the significant deficit in 202212, suggest that while the foundation has grown, its financial stability year-to-year may vary, requiring careful oversight.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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