Is Pelton Charitable Foundation Inc Legit?…

Quick charity verification for Pelton Charitable Foundation Inc (EIN: 203863708)

Strengths

Consistent asset growth, from $746,238 in 2011 to $2,320,867 in 2023.
Zero officer compensation reported across all filings, indicating high efficiency in executive costs.
Minimal liabilities ($1 reported consistently), demonstrating strong financial health and low risk.
Revenue consistently covers expenses, maintaining financial stability.
Long history of consistent IRS 990 filings (10 filings), indicating transparency and compliance.

Spending Breakdown

How Pelton Charitable Foundation Inc allocates its funds across programs, administration, and fundraising.

90%

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 Pelton Charitable Foundation Inc

Is Pelton Charitable Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Pelton Charitable Foundation Inc (EIN: 203863708) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.

Is Pelton Charitable Foundation Inc a good charity to donate to?

Pelton Charitable Foundation Inc has a Mission Score of 92/100. Revenue: $1.6M. Assets: $2.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Pelton Charitable Foundation Inc?

The Employer Identification Number (EIN) for Pelton Charitable Foundation Inc is 203863708. 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 Pelton Charitable Foundation Inc spend its money?

Pelton Charitable Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Pelton Charitable Foundation Inc's tax-exempt status?

You can verify Pelton Charitable Foundation Inc's tax-exempt status using EIN 203863708 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 Pelton Charitable Foundation Inc. demonstrates consistent financial stability, with assets steadily growing from $746,238 in 2011 to $2,320,867 in 2023. The organization consistently maintains minimal liabilities, reported as $1 across all available filings, indicating a very healthy balance sheet and low financial risk. Revenue has fluctuated, with a notable peak of $712,935 in 2021, but generally remains sufficient to cover expenses, as seen in the 2023 period where revenue was $126,598 against expenses of $122,148.

The foundation's spending efficiency appears strong, particularly given the consistent reporting of 0% officer compensation across all periods, suggesting that administrative costs related to executive salaries are non-existent or covered by other means. This contributes to a higher proportion of funds potentially being directed towards programmatic activities. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging. The NTEE code T22 (Private Grantmaking Foundations) suggests its primary activity is making grants, which would typically be classified as program spending.

Transparency is generally good through the availability of 990 filings, which consistently show key financial metrics. The absence of officer compensation is a positive indicator for donor confidence. To further enhance transparency, a more detailed breakdown of expenses beyond total expenses would be beneficial, especially for understanding the allocation between grantmaking (programs) and other operational costs. Overall, the foundation appears to be a well-managed entity with a strong financial foundation and a commitment to minimizing executive overhead.

Is Pelton Charitable Foundation Inc Legit?

Verdict: Pelton Charitable Foundation Inc appears trustworthy

Red Flags