Quick charity verification for Perfect Pitch Inc (EIN: 202936604)
Verdict: Perfect Pitch Inc has notable concerns
20/100Mission Score
$1Revenue
$9KAssets
3Red Flags
2Strengths
Red Flags
Latest reported revenue of $1, indicating severe financial distress.
Significant and consistent decline in revenue over the past five filing periods, from $82,085 in 2011 to $1 currently.
Shrinking asset base from $30,660 in 2015 to $9,225 currently, suggesting depletion of resources.
Strengths
Consistent reporting of 0% officer compensation, indicating a lean operational structure or volunteer leadership.
Minimal liabilities reported across all filing periods ($1), suggesting good debt management.
Spending Breakdown
How Perfect Pitch Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 Perfect Pitch Inc
Is Perfect Pitch Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Perfect Pitch Inc (EIN: 202936604) has notable concerns. Mission Score: 20/100. 3 red flags identified, 2 strengths noted.
Is Perfect Pitch Inc a good charity to donate to?
Perfect Pitch Inc has a Mission Score of 20/100. Revenue: $1. Assets: $9K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Perfect Pitch Inc?
The Employer Identification Number (EIN) for Perfect Pitch Inc is 202936604. 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 Perfect Pitch Inc spend its money?
Perfect Pitch Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Perfect Pitch Inc's tax-exempt status?
You can verify Perfect Pitch Inc's tax-exempt status using EIN 202936604 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
Perfect Pitch Inc. appears to be in a state of significant decline, as evidenced by its latest reported revenue of just $1, a drastic drop from its peak of $82,085 in 2011. This trend suggests severe financial instability and raises questions about the organization's ongoing viability and ability to fulfill its mission. While the organization has consistently reported minimal liabilities, its asset base has also shrunk considerably from $30,660 in 2015 to $9,225 currently, indicating a depletion of resources over time. The consistent reporting of 0% officer compensation across all available filings suggests a volunteer-led or very lean operational structure, which could be a strength in terms of minimizing overhead, but in this context, it might also reflect a lack of capacity or activity.