Is Pikes Peak Real Estate Foundation Inc Legit?

Quick charity verification for Pikes Peak Real Estate Foundation Inc (EIN: 203455353)

Verdict: Pikes Peak Real Estate Foundation Inc appears trustworthy

92/100Mission Score
$1.3MRevenue
$21.8MAssets
2Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Pikes Peak Real Estate Foundation Inc allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Pikes Peak Real Estate Foundation Inc

Is Pikes Peak Real Estate Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Pikes Peak Real Estate Foundation Inc (EIN: 203455353) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 4 strengths noted.

Is Pikes Peak Real Estate Foundation Inc a good charity to donate to?

Pikes Peak Real Estate Foundation Inc has a Mission Score of 92/100. Revenue: $1.3M. Assets: $21.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Pikes Peak Real Estate Foundation Inc?

The Employer Identification Number (EIN) for Pikes Peak Real Estate Foundation Inc is 203455353. 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 Pikes Peak Real Estate Foundation Inc spend its money?

Pikes Peak Real Estate Foundation Inc allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Pikes Peak Real Estate Foundation Inc's tax-exempt status?

You can verify Pikes Peak Real Estate Foundation Inc's tax-exempt status using EIN 203455353 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

Pikes Peak Real Estate Foundation Inc demonstrates strong financial health with substantial asset growth, reaching $20,833,953 in 2023 from $5,446,927 in 2014. The organization's revenue has been highly variable, with a significant spike to $10,151,851 in 2023, contrasting with $831,858 in 2022. This volatility, while showing a strong year in 2023, warrants closer examination of its revenue sources to ensure long-term stability. The foundation exhibits excellent spending efficiency, particularly in its latest filing where expenses were $611,469 against a revenue of over $10 million, indicating a very low expense ratio relative to its income. However, the 2021 period showed expenses ($2,219,345) exceeding revenue ($1,460,938), which is an anomaly in its recent history. The consistent reporting of 0% officer compensation across all filings suggests a volunteer-led or very lean executive structure, contributing positively to its efficiency and transparency. Overall, the organization appears financially robust with a strong asset base and generally efficient operations. The absence of reported officer compensation enhances its transparency profile, suggesting resources are directed towards its mission rather than executive salaries. The significant revenue fluctuations, while not necessarily a red flag given the overall positive trend, would benefit from further clarification on their nature.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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