Quick charity verification for Pearle Francis Finigan Foundation (EIN: 200432222)
Verdict: Pearle Francis Finigan Foundation appears trustworthy
85/100Mission Score
$4.8MRevenue
$13.3MAssets
2Red Flags
4Strengths
Red Flags
Consistent operational deficits (expenses exceeding revenue) in recent years, though typical for grantmaking foundations, requires reliance on endowment drawdowns.
Unusual and consistent 'Liabilities=$1' reported across all filings, which may obscure actual minor liabilities or represent a specific accounting practice.
Strengths
Substantial and stable asset base (over $13 million) provides long-term financial security.
Zero reported officer compensation, indicating efficient use of funds and potentially volunteer leadership.
Consistent history of grantmaking, actively deploying assets for its mission.
How Pearle Francis Finigan Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
9%
Admin Costs
Reasonable — admin costs in check
1%
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 Pearle Francis Finigan Foundation
Is Pearle Francis Finigan Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Pearle Francis Finigan Foundation (EIN: 200432222) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Pearle Francis Finigan Foundation a good charity to donate to?
Pearle Francis Finigan Foundation has a Mission Score of 85/100. Revenue: $4.8M. Assets: $13.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Pearle Francis Finigan Foundation?
The Employer Identification Number (EIN) for Pearle Francis Finigan Foundation is 200432222. 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 Pearle Francis Finigan Foundation spend its money?
Pearle Francis Finigan Foundation allocates 90% to programs, 9% to administration, and 1% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Pearle Francis Finigan Foundation's tax-exempt status?
You can verify Pearle Francis Finigan Foundation's tax-exempt status using EIN 200432222 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 Pearle Francis Finigan Foundation demonstrates a consistent commitment to its mission, primarily through grantmaking, as indicated by its NTEE code T22 (Private Grantmaking Foundations). Over the past several years, the organization has consistently spent more than it has brought in through revenue, with expenses often exceeding revenue by a significant margin, such as in 2024 where expenses were $952,414 against revenue of $390,569. This trend suggests the foundation is actively distributing its assets, which is typical for a grantmaking entity. Its asset base has remained substantial, fluctuating around $13-15 million in recent years, indicating a strong endowment supporting its activities.
The foundation's financial health appears stable given its significant asset base, despite the operational deficits. The consistent 'Liabilities=$1' across all reported periods is unusual and suggests either minimal operational liabilities or a reporting anomaly, which could warrant further investigation for complete transparency. The absence of officer compensation (Officer Comp=0%) is a notable strength, indicating that leadership is either unpaid or compensated through other means not reported as officer compensation, which can be a positive sign for donor confidence. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging.
Overall, the foundation appears to be a well-endowed grantmaking organization actively deploying its resources. Its transparency regarding executive compensation is excellent, but a more granular breakdown of expenses would enhance understanding of its operational efficiency. The consistent 'Liabilities=$1' across all filings is a minor point that could benefit from clarification.