Significant decrease in assets from 2022 to 2023 without clear explanation in summary data
0% officer compensation for an organization with over $74 million in assets, which is highly unusual and may indicate reporting nuances
Strengths
Consistent revenue generation exceeding expenses across all reported periods
Strong financial health with substantial asset base ($74,112,150 in 2023)
No reported officer compensation, indicating high efficiency and mission focus
Low expense ratio relative to revenue, suggesting efficient operations (e.g., 2023 expenses were only 22.6% of revenue)
Spending Breakdown
How Peoria Industrial 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 Peoria Industrial Inc
Is Peoria Industrial Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Peoria Industrial Inc (EIN: 201718440) appears trustworthy. Mission Score: 95/100. 2 red flags identified, 4 strengths noted.
Is Peoria Industrial Inc a good charity to donate to?
Peoria Industrial Inc has a Mission Score of 95/100. Revenue: $5.8M. Assets: $74.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Peoria Industrial Inc?
The Employer Identification Number (EIN) for Peoria Industrial Inc is 201718440. 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 Peoria Industrial Inc spend its money?
Peoria Industrial Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Peoria Industrial Inc's tax-exempt status?
You can verify Peoria Industrial Inc's tax-exempt status using EIN 201718440 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
Peoria Industrial Inc demonstrates strong financial health with consistent revenue exceeding expenses across all reported periods. In 2023, the organization reported revenue of $3,117,716 against expenses of $706,006, indicating a significant surplus. The organization's assets have grown substantially over the decade, from $37,100,464 in 2014 to $74,112,150 in 2023, although there was a notable decrease from $91,301,051 in 2022. The consistent positive net income suggests effective financial management and sustainability. The absence of reported officer compensation across all filings indicates a high degree of transparency and a focus on mission-related spending, which is a positive indicator for a nonprofit.