Strong and stable asset base, exceeding $1.4 million in recent years.
Minimal liabilities, demonstrating sound financial management and low risk.
Consistent IRS 990 filing history over nine periods, indicating good transparency.
High potential for program spending efficiency due to lack of executive salaries.
Spending Breakdown
How Peter And Josephine Grayson Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 And Josephine Grayson Foundation
Is Peter And Josephine Grayson Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Peter And Josephine Grayson Foundation (EIN: 133949093) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Peter And Josephine Grayson Foundation a good charity to donate to?
Peter And Josephine Grayson Foundation has a Mission Score of 90/100. Revenue: $693K. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Peter And Josephine Grayson Foundation?
The Employer Identification Number (EIN) for Peter And Josephine Grayson Foundation is 133949093. 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 And Josephine Grayson Foundation spend its money?
Peter And Josephine Grayson Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Peter And Josephine Grayson Foundation's tax-exempt status?
You can verify Peter And Josephine Grayson Foundation's tax-exempt status using EIN 133949093 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 Peter And Josephine Grayson Foundation demonstrates consistent financial stability with assets generally increasing over the past decade, reaching $1,435,010 in 2023. The organization's revenue has fluctuated, with a notable peak of $326,761 in 2020, but has remained sufficient to cover expenses in most years, such as in 2021 where revenue was $206,386 against expenses of $177,400. However, recent years (2022 and 2023) show expenses slightly exceeding revenue, with 2023 reporting $144,411 in revenue and $187,561 in expenses, indicating a reliance on prior year surpluses or investment income to cover operational costs.
The foundation appears to be highly efficient in its spending, as indicated by the 0% officer compensation across all reported periods, suggesting that administrative costs related to executive salaries are non-existent. This contributes to a strong program spending ratio, although specific program spending figures are not provided in the summary data. The consistent reporting of minimal liabilities ($1 in recent years) also points to sound financial management and a low-risk profile.
In terms of transparency, the consistent filing of IRS Form 990s over nine periods is a positive indicator. The absence of officer compensation simplifies the financial structure and reduces potential conflicts of interest, enhancing public trust. While detailed breakdowns of program versus administrative spending are not available in this summary, the overall financial health, characterized by substantial assets and minimal liabilities, suggests a well-managed and transparent operation focused on its mission.