Quick charity verification for Peter Glenville Foundation (EIN: 141889271)
Verdict: Peter Glenville Foundation shows mixed signals
45/100Mission Score
$268KRevenue
$583KAssets
3Red Flags
1Strengths
Red Flags
Consistent and significant operating deficits (e.g., $99,625 revenue vs. $331,047 expenses in 2023).
Rapid decline in total assets over the past decade (from $4.8M in 2011 to $0.7M in 2023).
Expenses consistently exceeding revenue in all reported periods.
Strengths
0% officer compensation reported across all filings, indicating no executive salaries are paid from the organization's funds.
Spending Breakdown
How Peter Glenville Foundation allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
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 Peter Glenville Foundation
Is Peter Glenville Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Peter Glenville Foundation (EIN: 141889271) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 1 strength noted.
Is Peter Glenville Foundation a good charity to donate to?
Peter Glenville Foundation has a Mission Score of 45/100. Revenue: $268K. Assets: $583K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Peter Glenville Foundation?
The Employer Identification Number (EIN) for Peter Glenville Foundation is 141889271. 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 Glenville Foundation spend its money?
Peter Glenville Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Peter Glenville Foundation's tax-exempt status?
You can verify Peter Glenville Foundation's tax-exempt status using EIN 141889271 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 Glenville Foundation exhibits a concerning trend of declining assets and consistent operating deficits over the past decade. In 2023, the organization reported revenue of $99,625 against expenses of $331,047, indicating it spent over three times its income. This pattern is not isolated, as expenses have consistently outstripped revenue in all reported periods, leading to a significant reduction in assets from $4,859,613 in 2011 to $747,524 in 2023. While the organization reports 0% officer compensation, which suggests good stewardship in that area, the overall financial sustainability is questionable given the persistent negative net income. The NTEE code A12 (Performing Arts) suggests a program-heavy mission, but without a detailed breakdown of expenses, it's difficult to assess spending efficiency beyond the overall deficit.