Quick charity verification for Peaks Island Land Preserve (EIN: 10494267)
Verdict: Peaks Island Land Preserve appears trustworthy
92/100Mission Score
$41KRevenue
$2.0MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong financial stability with over $2 million in assets and zero liabilities.
Highly efficient operations with consistently low expenses relative to assets and revenue.
Zero reported officer compensation, indicating a volunteer-driven or very lean operational model.
Consistent IRS 990 filing history demonstrates good transparency.
Significant asset growth over time, from $968,991 in 2014 to $2,016,373 currently, indicating successful fundraising and asset management.
Spending Breakdown
How Peaks Island Land Preserve allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Peaks Island Land Preserve
Is Peaks Island Land Preserve a legitimate charity?
Based on AI analysis of IRS 990 filings, Peaks Island Land Preserve (EIN: 10494267) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Peaks Island Land Preserve a good charity to donate to?
Peaks Island Land Preserve has a Mission Score of 92/100. Revenue: $41K. Assets: $2.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Peaks Island Land Preserve?
The Employer Identification Number (EIN) for Peaks Island Land Preserve is 10494267. 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 Peaks Island Land Preserve spend its money?
Peaks Island Land Preserve allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Peaks Island Land Preserve's tax-exempt status?
You can verify Peaks Island Land Preserve's tax-exempt status using EIN 10494267 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
Peaks Island Land Preserve demonstrates strong financial health, consistently maintaining substantial assets relative to its annual revenue and expenses. With assets exceeding $2 million and annual revenues typically in the tens of thousands (e.g., $36,395 in 2023 and $34,703 in 2022), the organization appears to be a well-endowed land trust focused on long-term preservation rather than high-volume program spending. The absence of liabilities across all reported periods indicates excellent financial stability and responsible management.
The organization's spending efficiency is notable for its low operational costs. For instance, in 2023, expenses were $27,384 against $36,395 in revenue, and in 2022, expenses were $17,925 against $34,703 in revenue. This suggests a lean operational model, likely relying heavily on volunteer efforts given the zero reported officer compensation. The significant revenue spike in 2021 ($487,078) with minimal corresponding expense increase ($10,021) suggests a large, likely restricted, donation or grant that significantly boosted assets without immediate disbursement.
Transparency appears high, particularly with the consistent reporting of zero officer compensation, which is a strong indicator of a volunteer-led or very low-overhead structure. The consistent filing of IRS Form 990s over the years also contributes to its transparency, allowing public scrutiny of its financial activities. The organization's focus on land preservation, as indicated by its NTEE code C34 (Land Resources Conservation), aligns well with its asset accumulation strategy.