Is Pine Crest Development Corp Legit? —…

Red Flags

Consistent and significant operating deficits (e.g., $36,513 loss in 2022).
Steadily declining assets over multiple years (from $2,066,954 in 2014 to $1,687,258 in 2022).
High liabilities relative to declining assets ($1,340,266 liabilities vs. $1,687,258 assets in 2022).
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data.
Unknown NTEE code and lack of program description, hindering understanding of mission.

Spending Breakdown

How Pine Crest Development Corp allocates its funds across programs, administration, and fundraising.

Program Spending

Concerning — less than half to programs

Admin Costs

Reasonable — admin costs in check

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 Pine Crest Development Corp

Is Pine Crest Development Corp a legitimate charity?

Based on AI analysis of IRS 990 filings, Pine Crest Development Corp (EIN: 10509853) has notable concerns. Mission Score: 20/100. 5 red flags identified, 2 strengths noted.

Is Pine Crest Development Corp a good charity to donate to?

Pine Crest Development Corp has a Mission Score of 20/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Pine Crest Development Corp?

The Employer Identification Number (EIN) for Pine Crest Development Corp is 10509853. 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 Pine Crest Development Corp spend its money?

Pine Crest Development Corp allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Pine Crest Development Corp's tax-exempt status?

You can verify Pine Crest Development Corp's tax-exempt status using EIN 10509853 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

Pine Crest Development Corp appears to be in a challenging financial position, consistently operating with significant deficits. In 2022, the organization reported revenue of $12,353 against expenses of $48,866, resulting in a net loss of $36,513. This trend of expenses far exceeding revenue is consistent across all available filings, indicating a reliance on existing assets or other undisclosed funding mechanisms to cover operational costs. The organization's assets have been steadily declining, from $2,066,954 in 2014 to $1,687,258 in 2022, while liabilities have remained relatively stable and high, at $1,340,266 in 2022. This suggests a potential long-term sustainability issue if the revenue-expense imbalance continues.

The lack of detailed expense breakdowns in the provided data makes it difficult to assess spending efficiency, particularly the allocation between program services, administrative costs, and fundraising. However, the consistent and substantial net losses raise concerns about the effectiveness of their financial model. The organization reports 0% officer compensation across all years, which is a positive indicator of minimizing overhead in that specific area. Without more granular data on program activities and their associated costs, a comprehensive assessment of program impact and spending efficiency is limited.

Transparency is moderately addressed by the consistent filing of IRS Form 990s, indicating compliance with reporting requirements. However, the 'Unknown' NTEE code and the absence of detailed program descriptions in the provided summary hinder a clear understanding of the organization's mission and how its funds are being utilized. The significant and consistent decline in assets alongside persistent operating deficits warrants further investigation into their financial strategy and long-term viability.

Is Pine Crest Development Corp Legit?

Verdict: Pine Crest Development Corp has notable concerns