Is Park Place Realty Holding Company Inc C/O Jp Morgan Investment Management Inc Legit?
Quick charity verification for Park Place Realty Holding Company Inc C/O Jp Morgan Investment Management Inc (EIN: 208513867)
Verdict: Park Place Realty Holding Company Inc C/O Jp Morgan Investment Management Inc has notable concerns
20/100Mission Score
$0Revenue
$0Assets
4Red Flags
3Strengths
Red Flags
Unknown NTEE code, obscuring charitable purpose
Consistent $0 officer compensation for an organization with significant assets
Latest filing shows $0 revenue and assets, indicating potential inactivity or major change
Lack of clear program spending details due to 'holding company' nature
Strengths
Strong historical asset base, consistently over $150 million
Historically positive net income, with revenues exceeding expenses
Low liabilities relative to assets
Spending Breakdown
How Park Place Realty Holding Company Inc C/O Jp Morgan Investment Management Inc allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
100%
Admin Costs
High — over 25% on administration
0%
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 Park Place Realty Holding Company Inc C/O Jp Morgan Investment Management Inc
Is Park Place Realty Holding Company Inc C/O Jp Morgan Investment Management Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Park Place Realty Holding Company Inc C/O Jp Morgan Investment Management Inc (EIN: 208513867) has notable concerns. Mission Score: 20/100. 4 red flags identified, 3 strengths noted.
Is Park Place Realty Holding Company Inc C/O Jp Morgan Investment Management Inc a good charity to donate to?
Park Place Realty Holding Company Inc C/O Jp Morgan Investment Management Inc has a Mission Score of 20/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Park Place Realty Holding Company Inc C/O Jp Morgan Investment Management Inc?
The Employer Identification Number (EIN) for Park Place Realty Holding Company Inc C/O Jp Morgan Investment Management Inc is 208513867. 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 Park Place Realty Holding Company Inc C/O Jp Morgan Investment Management Inc spend its money?
Park Place Realty Holding Company Inc C/O Jp Morgan Investment Management Inc allocates 0% to programs, 100% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Park Place Realty Holding Company Inc C/O Jp Morgan Investment Management Inc's tax-exempt status?
You can verify Park Place Realty Holding Company Inc C/O Jp Morgan Investment Management Inc's tax-exempt status using EIN 208513867 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
Park Place Realty Holding Company Inc appears to be a holding company, as indicated by its name and the nature of its financial activities. The organization consistently reports substantial assets, ranging from $154 million to $168 million over the past six years, with relatively low liabilities. Its revenue has fluctuated, peaking at over $14 million in 2013 and 2016, while expenses have remained stable, typically between $3.8 million and $4.5 million annually. A key observation is the consistent reporting of $0 in officer compensation across all available filings, which is unusual for an organization with such significant financial activity and asset base, suggesting its primary function might be passive asset management or a specific investment vehicle rather than a traditional operating nonprofit. The latest filing shows $0 revenue and assets, which could indicate a change in reporting status or a period of inactivity, warranting further investigation into its current operational status.
The organization's financial health, based on historical data, appears robust with a strong asset base and revenues consistently exceeding expenses, leading to asset growth. However, without a clear understanding of its program activities (due to the 'Unknown' NTEE code and the nature of a 'holding company'), it's difficult to assess spending efficiency in terms of charitable impact. The lack of reported officer compensation, while seemingly positive for efficiency, raises questions about how the organization is managed and governed, especially given its substantial assets. The absence of detailed program spending information makes a comprehensive assessment of its charitable effectiveness challenging.
Transparency is limited by the lack of an NTEE code and the 'holding company' designation, which obscures its specific charitable purpose. While the IRS 990 filings provide financial figures, the absence of a clear mission or program description makes it difficult for the public to understand its activities and impact. The $0 revenue and assets in the latest filing further complicate the picture, suggesting a potential cessation of operations or a significant structural change that isn't immediately clear from the provided data.