Quick charity verification for Peter H Michaelson Foundation (EIN: 133503389)
Verdict: Peter H Michaelson Foundation appears trustworthy
75/100Mission Score
$68KRevenue
$1.2MAssets
2Red Flags
3Strengths
Red Flags
Consistent operational deficits (e.g., 2023 expenses $67,635 vs. revenue $59,935; 2022 expenses $91,030 vs. revenue $44,941)
Lack of detailed expense breakdown in provided data, making program efficiency difficult to fully assess.
Strengths
Substantial asset base ($1,168,994) provides financial stability.
No reported officer compensation, indicating efficient use of funds at the leadership level.
Low liabilities ($1 in recent years) suggests good financial management of obligations.
Spending Breakdown
How Peter H Michaelson 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 H Michaelson Foundation
Is Peter H Michaelson Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Peter H Michaelson Foundation (EIN: 133503389) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Peter H Michaelson Foundation a good charity to donate to?
Peter H Michaelson Foundation has a Mission Score of 75/100. Revenue: $68K. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Peter H Michaelson Foundation?
The Employer Identification Number (EIN) for Peter H Michaelson Foundation is 133503389. 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 H Michaelson Foundation spend its money?
Peter H Michaelson Foundation allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Peter H Michaelson Foundation's tax-exempt status?
You can verify Peter H Michaelson Foundation's tax-exempt status using EIN 133503389 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 H Michaelson Foundation appears to be a private foundation, given its consistent asset base and relatively low revenue and expenses. Over the past three years (2021-2023), the organization has consistently spent more than it brought in, with expenses totaling $234,979 against revenues of $179,561. This trend of deficit spending, particularly notable in 2022 where expenses ($91,030) were more than double the revenue ($44,941), suggests it is drawing down on its endowment or investment income, which is typical for a private foundation. The foundation maintains a substantial asset base, currently at $1,168,994, which provides financial stability despite the operational deficits. Transparency is high regarding executive compensation, as no officer compensation has been reported across all available filings, indicating a volunteer or unpaid leadership structure. However, without detailed expense breakdowns (e.g., program vs. administrative), it's challenging to fully assess spending efficiency.