Quick charity verification for Pace University (EIN: 135562314)
Verdict: Pace University appears trustworthy
85/100Mission Score
$830.3MRevenue
$1.4BAssets
1Red Flags
4Strengths
Red Flags
Unusual 0% officer compensation reported across all filings, which may indicate a lack of transparency in compensation disclosure or reporting methodology.
Strengths
Consistent revenue growth, increasing from $492,988,304 in 2014 to $682,582,586 in 2023.
Significant asset growth, more than doubling from $593,137,972 in 2014 to $1,300,057,209 in 2023.
Consistent financial surpluses, with revenues exceeding expenses in all reported periods (e.g., $44 million surplus in 2023).
Strong balance sheet with assets growing faster than liabilities.
Spending Breakdown
How Pace University 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 Pace University
Is Pace University a legitimate charity?
Based on AI analysis of IRS 990 filings, Pace University (EIN: 135562314) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Pace University a good charity to donate to?
Pace University has a Mission Score of 85/100. Revenue: $830.3M. Assets: $1.4B. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Pace University?
The Employer Identification Number (EIN) for Pace University is 135562314. 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 Pace University spend its money?
Pace University allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Pace University's tax-exempt status?
You can verify Pace University's tax-exempt status using EIN 135562314 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
Pace University demonstrates a consistent pattern of financial growth and stability over the past decade. Revenue has steadily increased from $492,988,304 in 2014 to $682,582,586 in 2023, with a notable jump in assets from $593,137,972 to $1,300,057,209 over the same period. The organization consistently operates with a surplus, as evidenced by expenses being lower than revenue in all reported periods, indicating sound financial management. For instance, in 2023, revenue was $682,582,586 against expenses of $638,143,341, resulting in a surplus of over $44 million.
The organization's liabilities have also grown, but at a slower pace than assets, suggesting a healthy balance sheet. The absence of reported officer compensation in the provided data is unusual for an organization of this size and could indicate that compensation is reported differently or falls under a different category not detailed in this summary, which might warrant further investigation for complete transparency. Overall, Pace University appears to be in a strong financial position, effectively managing its resources to support its educational mission.