Quick charity verification for Peopleschoice Credit Union (EIN: 16015389)
Verdict: Peopleschoice Credit Union appears trustworthy
85/100Mission Score
$0Revenue
$0Assets
1Red Flags
4Strengths
Red Flags
Unusually low (0%) reported officer compensation for an organization of this size, which may obscure actual leadership compensation structures.
Strengths
Consistent positive net revenue, indicating financial stability (e.g., $612,000 surplus in 2016).
Steady growth in assets over time, from $134M in 2011 to $180M in 2016, demonstrating strong financial management.
Consistent filing of IRS 990 forms, indicating a commitment to transparency.
Healthy asset-to-liability ratio, suggesting strong financial solvency (e.g., $180M assets vs $166M liabilities in 2016).
Spending Breakdown
How Peopleschoice Credit Union allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Peopleschoice Credit Union
Is Peopleschoice Credit Union a legitimate charity?
Based on AI analysis of IRS 990 filings, Peopleschoice Credit Union (EIN: 16015389) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Peopleschoice Credit Union a good charity to donate to?
Peopleschoice Credit Union has a Mission Score of 85/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Peopleschoice Credit Union?
The Employer Identification Number (EIN) for Peopleschoice Credit Union is 16015389. 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 Peopleschoice Credit Union spend its money?
Peopleschoice Credit Union allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Peopleschoice Credit Union's tax-exempt status?
You can verify Peopleschoice Credit Union's tax-exempt status using EIN 16015389 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
Peopleschoice Credit Union consistently demonstrates strong financial health, as evidenced by its sustained growth in assets and positive net revenue across all reported periods. For instance, in 2016, the organization reported revenues of $9,799,402 against expenses of $9,187,402, resulting in a healthy surplus. Its asset base has steadily increased from $134,290,769 in 2011 to $180,881,918 in 2016, indicating effective financial management and accumulation of resources. The consistent reporting of 0% officer compensation across all filings suggests a commitment to minimizing administrative overhead in this specific area, though a full breakdown of other administrative and program spending is not available from the provided data to fully assess spending efficiency. The organization's consistent filing of IRS 990 forms over six periods demonstrates a commitment to transparency.