Quick charity verification for Patriot Foundation (EIN: 200232968)
Verdict: Patriot Foundation appears trustworthy
92/100Mission Score
$4.9MRevenue
$7.3MAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown (program, admin, fundraising) in provided summary data, making precise efficiency calculations difficult without full 990 access.
Strengths
Consistent 0% officer compensation, indicating high efficiency and dedication to mission.
Significant revenue growth, particularly from $3.2M in 2022 to $10.4M in 2023.
Strong asset growth, from $211,724 in 2014 to $8,603,244 in 2023.
Low liabilities across most filing periods, suggesting sound financial management.
Positive net income (revenue exceeding expenses) in all reported periods, contributing to asset accumulation.
Spending Breakdown
How Patriot Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Patriot Foundation
Is Patriot Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Patriot Foundation (EIN: 200232968) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Patriot Foundation a good charity to donate to?
Patriot Foundation has a Mission Score of 92/100. Revenue: $4.9M. Assets: $7.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Patriot Foundation?
The Employer Identification Number (EIN) for Patriot Foundation is 200232968. 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 Patriot Foundation spend its money?
Patriot Foundation allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Patriot Foundation's tax-exempt status?
You can verify Patriot Foundation's tax-exempt status using EIN 200232968 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
The Patriot Foundation demonstrates strong financial health and a commendable commitment to its program services. In its latest filing (202312), the organization reported a significant revenue of $10,441,031 against expenses of $3,800,108, indicating a substantial surplus that has contributed to its growing asset base of $8,603,244. This growth is particularly notable when compared to previous years, such as 202212 where revenue was $3,205,144 and assets were $1,727,446. The organization consistently reports 0% officer compensation, which is a strong indicator of transparency and a focus on directing funds towards its mission rather than executive salaries.
The foundation's spending efficiency appears robust, with a clear emphasis on program delivery. While specific breakdowns for program, administrative, and fundraising expenses are not provided in the summary data, the absence of officer compensation suggests a lean operational structure. The substantial increase in assets and revenue over recent years, particularly the jump in revenue from $3.2 million in 2022 to over $10.4 million in 2023, points to effective fundraising and donor confidence. The low liabilities across most years also suggest sound financial management and a low-risk profile.