Is Peregrine Corp Legit?

Spending Breakdown

How Peregrine Corp 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 Peregrine Corp

Is Peregrine Corp a legitimate charity?

Based on AI analysis of IRS 990 filings, Peregrine Corp (EIN: 10473116) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Peregrine Corp a good charity to donate to?

Peregrine Corp has a Mission Score of 75/100. Revenue: $9.1M. Assets: $9.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Peregrine Corp?

The Employer Identification Number (EIN) for Peregrine Corp is 10473116. 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 Peregrine Corp spend its money?

Peregrine Corp allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Peregrine Corp's tax-exempt status?

You can verify Peregrine Corp's tax-exempt status using EIN 10473116 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

Peregrine Corp demonstrates consistent financial activity, with revenues generally exceeding expenses in most recent years, indicating a stable operational model. For example, in 202106, revenue was $7,235,543 against expenses of $6,282,568. However, the most recent filing (202306) shows expenses exceeding revenue ($7,714,618 vs $6,809,402), which warrants closer monitoring. The organization's assets have shown growth over the decade, from $4,800,854 in 201406 to $9,173,029 currently, suggesting good financial stewardship and asset accumulation.

The organization's transparency is bolstered by its consistent filing of IRS Form 990s, with 13 filings available, providing a clear historical financial picture. A notable aspect is the consistent reporting of 0% officer compensation across all available filings, which is highly unusual for an organization of its size and revenue, and could indicate either a fully volunteer-led executive team or that compensation is reported under different categories, requiring further investigation for complete transparency. This lack of reported executive compensation, while potentially positive, also creates a transparency gap regarding leadership costs.

Overall, Peregrine Corp appears to be in a reasonably healthy financial position with a strong asset base. The recent dip into deficit spending in 202306 is a point to watch, but the long-term trend of revenue generation and asset growth is positive. The absence of reported officer compensation is a significant data point that impacts the assessment of its spending efficiency and transparency regarding leadership costs.

Verdict: Peregrine Corp appears trustworthy

Red Flags

Strengths