Is Perl Nelson Family Foundation Inc Legit?…

Quick charity verification for Perl Nelson Family Foundation Inc (EIN: 203753185)

Strengths

Consistent asset growth, from $657,341 in 2011 to $752,341 currently.
Zero officer compensation reported across all filings, indicating volunteer leadership.
Extremely low liabilities ($1 across all filings), demonstrating excellent financial management.
Consistent IRS 990 filing history over a decade, indicating strong transparency.
Expenses generally well below revenue in recent profitable years, allowing for asset building.

Spending Breakdown

How Perl Nelson Family Foundation Inc allocates its funds across programs, administration, and fundraising.

90%

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 Perl Nelson Family Foundation Inc

Is Perl Nelson Family Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Perl Nelson Family Foundation Inc (EIN: 203753185) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.

Is Perl Nelson Family Foundation Inc a good charity to donate to?

Perl Nelson Family Foundation Inc has a Mission Score of 90/100. Revenue: $121K. Assets: $752K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Perl Nelson Family Foundation Inc?

The Employer Identification Number (EIN) for Perl Nelson Family Foundation Inc is 203753185. 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 Perl Nelson Family Foundation Inc spend its money?

Perl Nelson Family Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Perl Nelson Family Foundation Inc's tax-exempt status?

You can verify Perl Nelson Family Foundation Inc's tax-exempt status using EIN 203753185 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 Perl Nelson Family Foundation Inc. demonstrates consistent financial stability with growing assets, reaching $752,341 in the latest period. The organization's revenue has fluctuated significantly over the years, from a low of $11,647 in 2022 to a high of $120,625 in the latest period, indicating reliance on variable funding sources. Despite these fluctuations, expenses have remained relatively stable, typically in the $30,000-$40,000 range, with a notable increase to $42,655 in 2023. The foundation consistently reports zero officer compensation, which is a strong indicator of volunteer leadership and efficient use of funds for its mission. The minimal liabilities reported across all filings ($1) suggest excellent financial management and a low-risk profile.

The foundation's spending efficiency appears strong, particularly given the absence of executive compensation. With total expenses of $42,655 against revenue of $91,535 in 2023, a significant portion of revenue is either retained or directly applied to program services. The consistent growth in assets, from $657,341 in 2011 to $752,341 currently, further underscores its financial health and ability to build reserves. The NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations) suggests its primary activity is grantmaking, which typically involves direct program support.

Transparency is high, as evidenced by the consistent filing of IRS Form 990s over a decade and the clear reporting of financial figures. The lack of officer compensation is a key transparency point, showing that funds are not diverted to high salaries. The consistent reporting of minimal liabilities also contributes to a clear financial picture. Overall, the foundation appears to be a well-managed entity focused on its philanthropic mission.

Is Perl Nelson Family Foundation Inc Legit?

Verdict: Perl Nelson Family Foundation Inc appears trustworthy

Red Flags