Quick charity verification for Palladium Foundation (EIN: 200137383)
Verdict: Palladium Foundation appears trustworthy
85/100Mission Score
$79.1MRevenue
$72.4MAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown in provided data limits full spending efficiency analysis
Significant revenue volatility across filing periods, with a negative revenue reported in 201204 ($-3,675,308)
Strengths
Strong financial health with a significant revenue surplus in the latest filing period ($41,124,775 revenue vs. $17,273,615 expenses in 202304)
Consistently minimal liabilities, often reported as $1, indicating strong financial management and low debt
Zero officer compensation reported across all available filings, suggesting a commitment to minimizing executive overhead
Substantial asset base, growing to $70,816,312 in 202304, providing long-term stability
Spending Breakdown
How Palladium Foundation 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 Palladium Foundation
Is Palladium Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Palladium Foundation (EIN: 200137383) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Palladium Foundation a good charity to donate to?
Palladium Foundation has a Mission Score of 85/100. Revenue: $79.1M. Assets: $72.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Palladium Foundation?
The Employer Identification Number (EIN) for Palladium Foundation is 200137383. 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 Palladium Foundation spend its money?
Palladium Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Palladium Foundation's tax-exempt status?
You can verify Palladium Foundation's tax-exempt status using EIN 200137383 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 Palladium Foundation demonstrates strong financial health, particularly in its latest filing period (202304) where it reported a substantial revenue of $41,124,775 against expenses of $17,273,615, indicating a significant surplus. This positive trend is a notable improvement from previous years, which often saw expenses exceeding revenue. The organization consistently maintains a very low liability profile, often reporting only $1 in liabilities, which is a strong indicator of financial stability and minimal debt burden. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the consistent reporting of zero officer compensation across all available filings suggests a commitment to minimizing overhead in this area. The foundation's assets have also shown growth, reaching $70,816,312 in 202304, further solidifying its financial position. However, without detailed expense categorization, a full assessment of spending efficiency across program areas versus administrative and fundraising costs is limited.