Quick charity verification for Peter A Willett Tr (EIN: 206054578)
Verdict: Peter A Willett Tr shows mixed signals
65/100Mission Score
$51KRevenue
$241KAssets
3Red Flags
2Strengths
Red Flags
Consistent operating deficits (e.g., $32,245 deficit in 2023, $8,765 deficit in 2022).
Significant increase in expenses in 2023 without a corresponding revenue increase ($68,314 expenses vs. $36,069 revenue).
Declining asset base from $279,178 in 2021 to $238,103 in 2023, likely due to covering deficits.
Strengths
0% officer compensation reported across all filings, indicating efficient use of funds for non-executive purposes.
Very low liabilities ($1 reported consistently), suggesting no significant debt burden.
Spending Breakdown
How Peter A Willett Tr allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Peter A Willett Tr
Is Peter A Willett Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Peter A Willett Tr (EIN: 206054578) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
Is Peter A Willett Tr a good charity to donate to?
Peter A Willett Tr has a Mission Score of 65/100. Revenue: $51K. Assets: $241K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Peter A Willett Tr?
The Employer Identification Number (EIN) for Peter A Willett Tr is 206054578. 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 Peter A Willett Tr spend its money?
Peter A Willett Tr allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Peter A Willett Tr's tax-exempt status?
You can verify Peter A Willett Tr's tax-exempt status using EIN 206054578 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
Peter A Willett Tr appears to be a small organization with fluctuating financial activity. In 2023, the organization reported revenue of $36,069 against expenses of $68,314, indicating a significant operating deficit for the year. This trend of expenses exceeding revenue was also observed in 2022, where revenue was $1,385 and expenses were $10,150. While the organization's assets of $238,103 in 2023 suggest some financial stability, the consistent operating deficits raise questions about long-term sustainability without significant changes in revenue generation or expense management. The organization consistently reports 0% officer compensation, which is a positive indicator of resource allocation directly to its mission rather than executive salaries. However, without detailed expense breakdowns beyond officer compensation, it's challenging to fully assess spending efficiency. The consistent reporting of $1 in liabilities across all periods suggests a very low debt burden, which is a strength.