Quick charity verification for Parsons Child & Family Center (EIN: 141347440)
Verdict: Parsons Child & Family Center appears trustworthy
90/100Mission Score
$60.3MRevenue
$51.5MAssets
1Red Flags
4Strengths
Red Flags
Unusually low (0%) reported officer compensation for a large organization, which might warrant further investigation into how leadership is compensated or if this is a reporting anomaly.
Strengths
Consistent revenue growth over a decade, from $42.8M in 2014 to $58.3M in 2023.
Significant asset growth, nearly doubling from $24.6M in 2014 to $48.1M in 2023.
Zero reported officer compensation across all 13 filings, indicating a strong commitment to directing funds to the mission.
Generally stable financial operations with expenses closely aligned to revenue, demonstrating active use of funds.
Spending Breakdown
How Parsons Child & Family Center 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 Parsons Child & Family Center
Is Parsons Child & Family Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Parsons Child & Family Center (EIN: 141347440) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Parsons Child & Family Center a good charity to donate to?
Parsons Child & Family Center has a Mission Score of 90/100. Revenue: $60.3M. Assets: $51.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Parsons Child & Family Center?
The Employer Identification Number (EIN) for Parsons Child & Family Center is 141347440. 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 Parsons Child & Family Center spend its money?
Parsons Child & Family Center allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Parsons Child & Family Center's tax-exempt status?
You can verify Parsons Child & Family Center's tax-exempt status using EIN 141347440 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
Parsons Child & Family Center demonstrates consistent growth in revenue and assets over the past decade, indicating a stable financial trajectory. For instance, revenue grew from $42,862,816 in 2014 to $58,354,086 in 2023, and assets increased from $24,683,467 to $48,186,917 in the same period. The organization generally operates with expenses closely aligned to revenue, with some periods showing a slight deficit (e.g., 2023 with expenses exceeding revenue by $350,000) and others a surplus (e.g., 2022 with revenue exceeding expenses by over $5.7 million). This suggests a focus on utilizing funds for current operations rather than accumulating large surpluses.
The organization's financial health appears sound, supported by a healthy asset base relative to its liabilities, although liabilities have also grown alongside assets. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards the mission rather than executive pay. This practice is highly commendable and suggests a strong ethical framework regarding compensation.
While specific program spending percentages are not provided in the raw data, the overall financial picture suggests a well-managed organization. The consistent growth and the absence of officer compensation point to a charity that is likely efficient in its operations and transparent in its financial reporting, at least concerning executive remuneration. Further analysis of detailed expense breakdowns would be needed to fully assess spending efficiency across programs, administration, and fundraising.