Quick charity verification for Partners For Progress Nfp (EIN: 202375514)
Verdict: Partners For Progress Nfp appears trustworthy
92/100Mission Score
$1.4MRevenue
$757KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth from $594,869 in 2014 to $1,171,839 in 2023.
Strong asset growth from $74,501 in 2014 to $620,703 in 2023.
0% reported officer compensation across all 14 filings, indicating efficient use of funds.
Healthy financial position with assets consistently exceeding liabilities.
Positive net income reported in most recent filings, contributing to financial stability.
Spending Breakdown
How Partners For Progress Nfp 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 Partners For Progress Nfp
Is Partners For Progress Nfp a legitimate charity?
Based on AI analysis of IRS 990 filings, Partners For Progress Nfp (EIN: 202375514) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Partners For Progress Nfp a good charity to donate to?
Partners For Progress Nfp has a Mission Score of 92/100. Revenue: $1.4M. Assets: $757K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Partners For Progress Nfp?
The Employer Identification Number (EIN) for Partners For Progress Nfp is 202375514. 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 Partners For Progress Nfp spend its money?
Partners For Progress Nfp allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Partners For Progress Nfp's tax-exempt status?
You can verify Partners For Progress Nfp's tax-exempt status using EIN 202375514 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
Partners For Progress Nfp demonstrates consistent financial growth and a strong commitment to its program services. Over the past decade, the organization has seen its revenue steadily increase from $594,869 in 2014 to $1,171,839 in 2023, indicating growing support and operational capacity. The organization consistently reports positive net income, with the latest filing showing revenue of $1,171,839 against expenses of $1,130,679, contributing to a healthy accumulation of assets, which have grown from $74,501 in 2014 to $620,703 in 2023.
The organization's spending efficiency appears robust, with a significant portion of its expenses directed towards program services. The consistent reporting of 0% officer compensation across all available filings suggests a volunteer-led or very lean executive structure, which is a positive indicator for donor confidence and resource allocation directly to mission-related activities. This practice enhances transparency and demonstrates a focus on maximizing impact rather than administrative overhead.
Overall, Partners For Progress Nfp exhibits sound financial management, characterized by steady growth, efficient spending, and a clear dedication to its mission as evidenced by its financial statements. The consistent growth in assets and revenue, coupled with minimal liabilities and no reported officer compensation, paints a picture of a well-managed and financially healthy nonprofit.