Quick charity verification for Pericles Foundation (EIN: 201364959)
Verdict: Pericles Foundation shows mixed signals
45/100Mission Score
$800Revenue
$84Assets
4Red Flags
2Strengths
Red Flags
Frequent operating deficits (e.g., $19,200 expenses vs. $18,800 revenue in 2023; $41,300 expenses vs. $21,251 revenue in 2020).
Extremely low current assets ($84) relative to historical levels ($21,378 in 2019), indicating a significant decline in financial resources.
Highly inconsistent revenue generation over time, making long-term planning and program sustainability difficult.
Latest reported revenue of only $800, suggesting minimal current operational capacity.
Strengths
Consistent filing of IRS 990 forms over 10 periods, demonstrating a commitment to transparency.
No reported officer compensation, suggesting an all-volunteer or very low-cost leadership structure.
Spending Breakdown
How Pericles Foundation allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Pericles Foundation
Is Pericles Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Pericles Foundation (EIN: 201364959) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
Is Pericles Foundation a good charity to donate to?
Pericles Foundation has a Mission Score of 45/100. Revenue: $800. Assets: $84. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Pericles Foundation?
The Employer Identification Number (EIN) for Pericles Foundation is 201364959. 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 Pericles Foundation spend its money?
Pericles Foundation allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Pericles Foundation's tax-exempt status?
You can verify Pericles Foundation's tax-exempt status using EIN 201364959 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
The Pericles Foundation appears to be a very small organization with limited financial activity, as indicated by its latest reported revenue of $800 and assets of $84. Over its filing history, annual revenues have fluctuated significantly, ranging from $1 to $33,169. The organization frequently reports expenses exceeding revenue, such as in 2023 where expenses were $19,200 against $18,800 in revenue, and a notable deficit in 2020 with $41,300 in expenses against $21,251 in revenue. This consistent pattern of spending more than it earns suggests potential challenges in maintaining financial stability or a reliance on prior year reserves or specific project funding.
Given the extremely low asset base and revenue in recent periods, the organization's operational capacity seems minimal. The consistent reporting of $1 in liabilities across many years, or $0 in 2013, suggests either very simple financial structures or potentially incomplete reporting for a more complex operation. The absence of reported officer compensation across all filings indicates either an all-volunteer leadership or that compensation falls below reporting thresholds, which is common for very small nonprofits. Without more detailed expense breakdowns, it's difficult to assess spending efficiency beyond the top-line figures, but the overall financial scale is very modest.
Transparency is generally good through its consistent 990 filings, but the limited financial data makes a deep analysis challenging. The organization's small size and fluctuating finances suggest it operates on a project-by-project or very limited basis. Its ability to sustain programs long-term with such low and inconsistent revenue is a key concern.