Quick charity verification for Penick Village Foundation Inc (EIN: 201055492)
Verdict: Penick Village Foundation Inc appears trustworthy
92/100Mission Score
$410KRevenue
$3.2MAssets
2Red Flags
5Strengths
Red Flags
Unusually high revenue fluctuation (e.g., $733,887 in 202209 to $1,792,416 in 202309) without clear explanation in summary data
Consistent 0% officer compensation, which, while positive for efficiency, can sometimes mask compensation paid through related entities or complex structures.
Strengths
Consistent asset growth, from $1,038,951 in 201409 to $3,162,560 in 202309, demonstrating strong financial management.
Zero reported officer compensation across all filings, indicating a high proportion of funds available for mission-related activities.
Expenses consistently lower than revenue in most periods, leading to healthy surpluses and asset accumulation.
Strong financial health with a significant increase in net assets over the past decade.
Regular and consistent IRS 990 filing history, indicating good transparency and compliance.
Spending Breakdown
How Penick Village Foundation Inc 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 Penick Village Foundation Inc
Is Penick Village Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Penick Village Foundation Inc (EIN: 201055492) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
Is Penick Village Foundation Inc a good charity to donate to?
Penick Village Foundation Inc has a Mission Score of 92/100. Revenue: $410K. Assets: $3.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Penick Village Foundation Inc?
The Employer Identification Number (EIN) for Penick Village Foundation Inc is 201055492. 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 Penick Village Foundation Inc spend its money?
Penick Village Foundation Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Penick Village Foundation Inc's tax-exempt status?
You can verify Penick Village Foundation Inc's tax-exempt status using EIN 201055492 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
Penick Village Foundation Inc. demonstrates a generally healthy financial position, with assets consistently growing over the past decade, reaching $3,162,560 in the 202309 period. The organization's revenue has shown significant fluctuations, with a notable peak of $1,792,416 in 202309, indicating strong fundraising or investment performance in that year. Expense management appears efficient, with expenses in most years being considerably lower than revenue, contributing to asset growth. For instance, in 202309, expenses were $761,434 against $1,792,416 in revenue, suggesting a substantial surplus for future programs or endowment growth.
The organization's spending efficiency is commendable, particularly given the consistent reporting of 0% officer compensation across all available filings. This indicates that a very high proportion of funds are likely directed towards program services or operational support rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the absence of executive compensation is a strong positive indicator of resource allocation.
Transparency is high regarding executive compensation, as it consistently reports 0%. The consistent filing of IRS Form 990s over 13 periods also reflects a commitment to public accountability. The steady growth in assets, from $1,038,951 in 201409 to over $3 million in 202309, suggests effective financial stewardship and a strong capacity to sustain its mission.