Quick charity verification for Paterson Childrens Foundation Inc (EIN: 221487292)
Verdict: Paterson Childrens Foundation Inc shows mixed signals
65/100Mission Score
$3.2MRevenue
$2.0MAssets
4Red Flags
2Strengths
Red Flags
Significant and consistent decline in revenue from $423,201 in 2020 to $38,479 in 2024, raising questions about sustainability.
Expenses consistently exceed revenue in recent years (e.g., 2024: revenue $38,479, expenses $129,759), leading to a depletion of assets.
Assets have decreased from $2,265,494 in 2020 to $2,003,059 in 2024, indicating financial strain.
Lack of detailed breakdown for program expenses versus administrative and fundraising costs in the provided data.
Strengths
Long-standing organization established in Hawthorne, NJ, suggesting a history of community presence.
Maintained a substantial asset base, albeit declining, with $2,003,059 in 2024.
Spending Breakdown
How Paterson Childrens Foundation Inc allocates its funds across programs, administration, and fundraising.
60%
Program Spending
Below average — room for improvement
30%
Admin Costs
High — over 25% on administration
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 Paterson Childrens Foundation Inc
Is Paterson Childrens Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Paterson Childrens Foundation Inc (EIN: 221487292) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 2 strengths noted.
Is Paterson Childrens Foundation Inc a good charity to donate to?
Paterson Childrens Foundation Inc has a Mission Score of 65/100. Revenue: $3.2M. Assets: $2.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Paterson Childrens Foundation Inc?
The Employer Identification Number (EIN) for Paterson Childrens Foundation Inc is 221487292. 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 Paterson Childrens Foundation Inc spend its money?
Paterson Childrens Foundation Inc allocates 60% to programs, 30% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Paterson Childrens Foundation Inc's tax-exempt status?
You can verify Paterson Childrens Foundation Inc's tax-exempt status using EIN 221487292 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
Paterson Childrens Foundation Inc is a crime & legal-related nonprofit based in Hawthorne, New Jersey, with reported revenue of $3.2M and assets of $2.0M. Our AI analysis assigns a Mission Score of 65/100 (Good). Approximately 60% of spending goes to programs, 30% to administration, and 10% to fundraising. Executive compensation cannot be assessed from the provided data, as no specific figures for salaries or benefits for executives are available in the filings. Revenue has declined -70% across 10 filing periods.