Quick charity verification for Pierre Monteux Memorial Foundation (EIN: 10279335)
Verdict: Pierre Monteux Memorial Foundation appears trustworthy
95/100Mission Score
$497KRevenue
$2.6MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $804,237 in 2015 to $2,330,308 in 2023.
Zero reported officer compensation across all 13 filings, indicating high efficiency.
Revenue consistently exceeds expenses, allowing for financial stability and growth (e.g., 2023 revenue $535,557 vs. expenses $337,878).
Strong financial transparency with 13 available IRS 990 filings.
Low liabilities relative to assets (e.g., $83,230 liabilities vs. $2,330,308 assets in 2023).
Spending Breakdown
How Pierre Monteux Memorial 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 Pierre Monteux Memorial Foundation
Is Pierre Monteux Memorial Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Pierre Monteux Memorial Foundation (EIN: 10279335) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Pierre Monteux Memorial Foundation a good charity to donate to?
Pierre Monteux Memorial Foundation has a Mission Score of 95/100. Revenue: $497K. Assets: $2.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Pierre Monteux Memorial Foundation?
The Employer Identification Number (EIN) for Pierre Monteux Memorial Foundation is 10279335. 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 Pierre Monteux Memorial Foundation spend its money?
Pierre Monteux Memorial Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Pierre Monteux Memorial Foundation's tax-exempt status?
You can verify Pierre Monteux Memorial Foundation's tax-exempt status using EIN 10279335 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 Pierre Monteux Memorial Foundation demonstrates sound financial health with consistent asset growth, reaching $2,330,308 in 2023 from $804,237 in 2015. The organization consistently spends less than its revenue, as seen in 2023 where expenses were $337,878 against revenue of $535,557, indicating responsible financial management and the ability to build reserves. The absence of officer compensation reported across all available filings suggests a high degree of volunteer leadership, which is a strong indicator of efficiency and dedication to the mission. This practice significantly reduces administrative overhead and allows a greater proportion of funds to be directed towards programs. The foundation's financial transparency is excellent, with 13 filings available, providing a comprehensive historical view of its operations.