Is Parstem Realty Company Inc Legit? —…

Red Flags

Consistent reporting of revenue exactly equaling expenses across multiple years, which is unusual for an operating nonprofit.
No reported officer compensation despite millions in revenue and assets, suggesting a non-traditional operational model.
Lack of an NTEE code, making it difficult to understand the organization's stated purpose or activities.
Absence of detailed expense breakdowns, making it impossible to assess program efficiency or administrative overhead.

Spending Breakdown

How Parstem Realty Company Inc allocates its funds across programs, administration, and fundraising.

100%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Parstem Realty Company Inc

Is Parstem Realty Company Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Parstem Realty Company Inc (EIN: 132583841) shows mixed signals. Mission Score: 40/100. 4 red flags identified, 2 strengths noted.

Is Parstem Realty Company Inc a good charity to donate to?

Parstem Realty Company Inc has a Mission Score of 40/100. Revenue: $2.3M. Assets: $4.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Parstem Realty Company Inc?

The Employer Identification Number (EIN) for Parstem Realty Company Inc is 132583841. 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 Parstem Realty Company Inc spend its money?

Parstem Realty Company Inc allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Parstem Realty Company Inc's tax-exempt status?

You can verify Parstem Realty Company Inc's tax-exempt status using EIN 132583841 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

Parstem Realty Company Inc. consistently reports identical revenue and expenses across multiple years, suggesting a pass-through or holding company structure rather than a typical operating nonprofit. For example, from 2020 to 2023, both revenue and expenses were exactly $1,342,501. This pattern, combined with zero reported officer compensation and zero liabilities across all available filings, indicates a highly unusual financial profile for a traditional nonprofit. The organization's assets have remained stable at $2,475,200 for many years, only recently increasing to $4,642,000 in the latest available data, while liabilities consistently remain at $0. This financial structure, while not inherently negative, lacks the detailed operational spending typically seen in program-focused charities, making it difficult to assess program efficiency or impact. The absence of an NTEE code further limits understanding of its stated purpose.

The consistent reporting of revenue equaling expenses, with no officer compensation, suggests that the entity may primarily serve as a vehicle for managing specific assets or funds, rather than engaging in direct charitable programs with associated operational costs. Without a clear breakdown of how the 'expenses' are categorized beyond the top-line figure, it's impossible to determine spending efficiency in terms of program delivery versus administrative overhead or fundraising. The lack of liabilities is a positive indicator of financial stability, but the overall financial picture points to a very specific, non-traditional role within the nonprofit sector, making standard financial health metrics less applicable. Transparency is limited by the lack of detailed expense categorization and program information.

Is Parstem Realty Company Inc Legit?

Verdict: Parstem Realty Company Inc shows mixed signals