Quick charity verification for P T Barnum Foundation Inc (EIN: 222655681)
Verdict: P T Barnum Foundation Inc shows mixed signals
45/100Mission Score
$613KRevenue
$979KAssets
3Red Flags
2Strengths
Red Flags
Significant year-over-year revenue volatility, with a sharp drop from 2017 to 2022.
Expenses in 2022 ($306,767) exceeded revenue ($258,377), indicating a deficit for that year.
Lack of specific executive compensation data in the provided financial summaries.
Strengths
Consistent reporting of 0% lobbying expenses, suggesting a focus away from political influence.
Assets have remained relatively stable despite revenue fluctuations, indicating some financial resilience.
Spending Breakdown
How P T Barnum 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 P T Barnum Foundation Inc
Is P T Barnum Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, P T Barnum Foundation Inc (EIN: 222655681) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 2 strengths noted.
Is P T Barnum Foundation Inc a good charity to donate to?
P T Barnum Foundation Inc has a Mission Score of 45/100. Revenue: $613K. Assets: $979K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for P T Barnum Foundation Inc?
The Employer Identification Number (EIN) for P T Barnum Foundation Inc is 222655681. 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 P T Barnum Foundation Inc spend its money?
P T Barnum Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify P T Barnum Foundation Inc's tax-exempt status?
You can verify P T Barnum Foundation Inc's tax-exempt status using EIN 222655681 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
P T Barnum Foundation Inc is a unknown nonprofit based in Bridgeport, Connecticut, with reported revenue of $613K and assets of $979K. Our AI analysis assigns a Mission Score of 45/100 (Fair). Approximately 85% of spending goes to programs, 10% to administration, and 5% to fundraising. Executive compensation is not explicitly detailed in the provided data, making a specific assessment difficult without further filings. Revenue has grown +34% across 11 filing periods.