Quick charity verification for Pisces Foundation (EIN: 207415160)
Verdict: Pisces Foundation appears trustworthy
92/100Mission Score
$109.5MRevenue
$54.5MAssets
1Red Flags
4Strengths
Red Flags
Highly volatile revenue streams, with significant year-to-year fluctuations (e.g., negative revenue in 201906 and very high revenue in 202206).
Strengths
Strong program spending ratio, consistently allocating a high percentage of expenses to mission-related activities (e.g., 90% in 202306).
Zero officer compensation reported across all filings, indicating excellent transparency and dedication of resources to the mission.
Healthy asset base ($54,509,748) significantly exceeding liabilities, providing financial stability.
Consistent filing history over 10 periods, demonstrating commitment to transparency and compliance.
Spending Breakdown
How Pisces Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Pisces Foundation
Is Pisces Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Pisces Foundation (EIN: 207415160) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Pisces Foundation a good charity to donate to?
Pisces Foundation has a Mission Score of 92/100. Revenue: $109.5M. Assets: $54.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Pisces Foundation?
The Employer Identification Number (EIN) for Pisces Foundation is 207415160. 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 Pisces Foundation spend its money?
Pisces Foundation allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Pisces Foundation's tax-exempt status?
You can verify Pisces Foundation's tax-exempt status using EIN 207415160 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 Pisces Foundation demonstrates a strong commitment to its programmatic mission, consistently allocating a significant portion of its expenses to programs. For instance, in the 202306 period, with total expenses of $18,707,347, the foundation reported 90% of its expenses going towards program services, indicating efficient use of funds for its stated goals. This high program spending ratio is a positive indicator of financial health and mission focus.
However, the organization exhibits highly volatile revenue streams, with figures ranging from a negative revenue of $-3,020,266 in 201906 to a high of $610,604,000 in 202206 (though the latest revenue is $109,523,014). This fluctuation, while potentially common for foundations relying on investment returns or large grants, could pose challenges for long-term financial planning if not managed effectively. Despite this, the foundation has maintained a healthy asset base, with current assets at $54,509,748, significantly exceeding liabilities, suggesting financial stability.
Transparency is bolstered by the consistent reporting of 0% officer compensation across all available filings, which is an excellent practice for a nonprofit and indicates that executive leadership is not drawing a salary from the organization. This practice enhances public trust and ensures that resources are directed towards the foundation's environmental and conservation initiatives.