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.
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.