Is Pelican Educational Foundation Inc…

Quick charity verification for Pelican Educational Foundation Inc (EIN: 203801713)

Spending Breakdown

How Pelican Educational Foundation Inc allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Pelican Educational Foundation Inc

Is Pelican Educational Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Pelican Educational Foundation Inc (EIN: 203801713) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.

Is Pelican Educational Foundation Inc a good charity to donate to?

Pelican Educational Foundation Inc has a Mission Score of 90/100. Revenue: $14.6M. Assets: $6.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Pelican Educational Foundation Inc?

The Employer Identification Number (EIN) for Pelican Educational Foundation Inc is 203801713. 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 Pelican Educational Foundation Inc spend its money?

Pelican Educational Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Pelican Educational Foundation Inc's tax-exempt status?

You can verify Pelican Educational Foundation Inc's tax-exempt status using EIN 203801713 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

Pelican Educational Foundation Inc demonstrates a consistent pattern of growth in revenue and assets over the past decade, indicating a healthy financial trajectory. For instance, revenue grew from $6,259,391 in 2014 to $8,119,143 in 2023, with assets increasing from $1,745,563 to $4,290,505 in the same period. The organization consistently spends less than it earns, as seen in the 2023 period where expenses were $7,549,915 against revenues of $8,119,143, contributing to asset accumulation. This suggests sound financial management and the ability to build reserves.

Regarding spending efficiency, the provided data does not break down expenses into program, administrative, and fundraising categories, making a precise assessment challenging. However, the consistent surplus of revenue over expenses implies that the organization is managing its overall spending effectively. The absence of reported officer compensation across all filings is a significant indicator of transparency and potentially low administrative overhead, suggesting that resources are likely directed towards the mission rather than executive salaries. This practice enhances public trust and demonstrates a commitment to maximizing impact.

Overall, Pelican Educational Foundation Inc appears to be in good financial health, with a strong growth trend and a commendable approach to executive compensation. To further enhance transparency, a detailed breakdown of program, administrative, and fundraising expenses would be beneficial for stakeholders to fully understand spending efficiency.

Is Pelican Educational Foundation Inc Legit?

Verdict: Pelican Educational Foundation Inc appears trustworthy

Red Flags

Strengths