Is Pittsfield Center Development Corporation Legit?
Quick charity verification for Pittsfield Center Development Corporation (EIN: 20368627)
Verdict: Pittsfield Center Development Corporation appears trustworthy
75/100Mission Score
$46KRevenue
$545KAssets
2Red Flags
4Strengths
Red Flags
Inconsistent revenue and expense patterns prior to 2023, with expenses often exceeding revenue.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, limiting granular efficiency analysis.
Strengths
Significant financial turnaround and strong surplus in the latest reporting period (202312 revenue of $556,615 vs. expenses of $87,746).
Consistent reporting of 0% officer compensation across all available filings, indicating efficient use of funds for leadership.
Healthy asset growth in the most recent period, reaching $558,570.
Low liabilities relative to assets in the latest period ($2,709 liabilities vs. $558,570 assets).
Spending Breakdown
How Pittsfield Center Development Corporation allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Pittsfield Center Development Corporation
Is Pittsfield Center Development Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Pittsfield Center Development Corporation (EIN: 20368627) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Pittsfield Center Development Corporation a good charity to donate to?
Pittsfield Center Development Corporation has a Mission Score of 75/100. Revenue: $46K. Assets: $545K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Pittsfield Center Development Corporation?
The Employer Identification Number (EIN) for Pittsfield Center Development Corporation is 20368627. 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 Pittsfield Center Development Corporation spend its money?
Pittsfield Center Development Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Pittsfield Center Development Corporation's tax-exempt status?
You can verify Pittsfield Center Development Corporation's tax-exempt status using EIN 20368627 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
Pittsfield Center Development Corporation demonstrates a fluctuating financial picture, with a significant positive shift in its latest reported period (202312). In this period, the organization reported revenue of $556,615 against expenses of $87,746, resulting in a substantial surplus and a healthy increase in assets to $558,570. This contrasts sharply with previous years, where expenses often exceeded revenue, leading to a gradual decline in assets from $257,951 in 2014 to $127,926 in 2022. The organization's spending efficiency appears strong in the most recent period, with a very low expense-to-revenue ratio. However, the lack of detailed expense breakdowns (program, admin, fundraising) in the provided data limits a precise assessment of spending efficiency across categories. The consistent reporting of 0% officer compensation suggests good financial stewardship regarding executive pay, though the overall transparency could be enhanced with more granular expense reporting.