Is Parents For Educational Freedom In North…

Quick charity verification for Parents For Educational Freedom In North Carolina Inc (EIN: 202754466)

Spending Breakdown

How Parents For Educational Freedom In North Carolina Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

10%

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 Parents For Educational Freedom In North Carolina Inc

Is Parents For Educational Freedom In North Carolina Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Parents For Educational Freedom In North Carolina Inc (EIN: 202754466) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.

Is Parents For Educational Freedom In North Carolina Inc a good charity to donate to?

Parents For Educational Freedom In North Carolina Inc has a Mission Score of 85/100. Revenue: $1.0M. Assets: $732K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Parents For Educational Freedom In North Carolina Inc?

The Employer Identification Number (EIN) for Parents For Educational Freedom In North Carolina Inc is 202754466. 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 Parents For Educational Freedom In North Carolina Inc spend its money?

Parents For Educational Freedom In North Carolina Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Parents For Educational Freedom In North Carolina Inc's tax-exempt status?

You can verify Parents For Educational Freedom In North Carolina Inc's tax-exempt status using EIN 202754466 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

Parents For Educational Freedom In North Carolina Inc demonstrates consistent financial activity, with revenues and expenses generally fluctuating between $1.2 million and $1.8 million over the past several years. The organization has maintained a healthy asset base, with assets consistently above $700,000 and reaching over $1.4 million in 2016. A notable strength is the consistent reporting of zero officer compensation across all available filings, which suggests a high degree of financial transparency regarding executive pay and potentially a volunteer-led or externally funded leadership structure. The organization's liabilities have generally been low or zero, indicating sound financial management and minimal debt burden.

While the overall financial health appears stable, there have been periods where expenses exceeded revenue, such as in 2022 ($1,294,107 expenses vs. $1,211,027 revenue) and 2018 ($1,547,152 expenses vs. $1,329,396 revenue), which could indicate reliance on prior year surpluses or temporary funding gaps. However, these deficits have been offset by surpluses in other years, like 2023 ($1,521,206 revenue vs. $1,488,111 expenses) and 2021 ($1,603,241 revenue vs. $1,252,140 expenses), demonstrating an ability to recover and maintain financial equilibrium. The consistent asset base further supports its long-term viability.

Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. However, the consistent zero officer compensation is a strong indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. The organization's consistent filing of IRS Form 990s over 13 periods also reflects a commitment to regulatory compliance and public transparency.

Is Parents For Educational Freedom In North Carolina Inc Legit?

Verdict: Parents For Educational Freedom In North Carolina Inc appears trustworthy

Red Flags

Strengths