Quick charity verification for Pierson Family Foundation Inc (EIN: 222770138)
Verdict: Pierson Family Foundation Inc shows mixed signals
45/100Mission Score
$9.8MRevenue
$6.7MAssets
3Red Flags
3Strengths
Red Flags
Program spending (x) consistently represents a small fraction of total revenue (r) and assets (a), raising questions about direct charitable impact.
Revenue has shown a significant decline from $1,742,903 in 2020 to $202,553 in 2023, which is a concerning trend for sustainability.
The lack of a public website or detailed program information makes it difficult to assess the effectiveness and reach of their charitable initiatives.
Strengths
The foundation maintains substantial assets, with $6,196,328 in 2023, providing a strong financial base.
The foundation has consistently maintained a low or zero lobbying percentage (c), indicating a focus on direct charitable activities rather than political influence.
The foundation has a long operating history, with filings dating back to 2013, suggesting stability and experience.
Spending Breakdown
How Pierson Family Foundation Inc allocates its funds across programs, administration, and fundraising.
33%
Program Spending
Concerning — less than half to programs
30%
Admin Costs
High — over 25% on administration
37%
Fundraising
Above average fundraising costs
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 Pierson Family Foundation Inc
Is Pierson Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Pierson Family Foundation Inc (EIN: 222770138) shows mixed signals. Mission Score: 45/100. 3 red flags identified, 3 strengths noted.
Is Pierson Family Foundation Inc a good charity to donate to?
Pierson Family Foundation Inc has a Mission Score of 45/100. Revenue: $9.8M. Assets: $6.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Pierson Family Foundation Inc?
The Employer Identification Number (EIN) for Pierson Family Foundation Inc is 222770138. 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 Pierson Family Foundation Inc spend its money?
Pierson Family Foundation Inc allocates 33% to programs, 30% to administration, and 37% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Pierson Family Foundation Inc's tax-exempt status?
You can verify Pierson Family Foundation Inc's tax-exempt status using EIN 222770138 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
Pierson Family Foundation Inc is a unknown nonprofit based in Parsippany, New Jersey, with reported revenue of $9.8M and assets of $6.7M. Our AI analysis assigns a Mission Score of 45/100 (Fair). Approximately 33% of spending goes to programs, 30% to administration, and 37% to fundraising. - The foundation's 990-PF filings are publicly available, offering some financial transparency.
- Detailed program descriptions and impact reports are not readily accessible, limiting insight into their charitable activities.
- The organization does not appear to have a dedicated website or public annual reports. Executive compensation is not reported in the provided data, suggesting it may be minimal or non-existent, which is positive for a foundation of this size. Revenue has declined -48% across 10 filing periods.