Quick charity verification for Porticus North America Foundation (EIN: 133005012)
Verdict: Porticus North America Foundation appears trustworthy
92/100Mission Score
$2.3MRevenue
$33.1MAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed program spending breakdown in summary data
Unusually low liabilities ($1) consistently reported, which might indicate a specific accounting practice or structure that warrants further investigation for full financial context.
Strengths
Consistent asset growth, reaching over $30 million in 2023.
Remarkably low and stable expenses relative to revenue, indicating strong financial management.
Consistently reported 0% officer compensation, suggesting a high dedication of funds to mission.
Very low liabilities, indicating a strong balance sheet and minimal debt.
Positive revenue trends in recent years, demonstrating financial sustainability.
Spending Breakdown
How Porticus North America Foundation 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 Porticus North America Foundation
Is Porticus North America Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Porticus North America Foundation (EIN: 133005012) appears trustworthy. Mission Score: 92/100. 2 red flags identified, 5 strengths noted.
Is Porticus North America Foundation a good charity to donate to?
Porticus North America Foundation has a Mission Score of 92/100. Revenue: $2.3M. Assets: $33.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Porticus North America Foundation?
The Employer Identification Number (EIN) for Porticus North America Foundation is 133005012. 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 Porticus North America Foundation spend its money?
Porticus North America Foundation allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Porticus North America Foundation's tax-exempt status?
You can verify Porticus North America Foundation's tax-exempt status using EIN 133005012 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
Porticus North America Foundation demonstrates strong financial health with consistently growing assets, reaching $30,360,354 in 2023. The organization has shown a positive trend in revenue, with a significant increase to $7,055,890 in 2023, while keeping expenses relatively stable at $1,643,972 for the same period. This indicates efficient management of resources and a healthy surplus. The foundation's liabilities have remained remarkably low, often reported as $1, suggesting a very strong balance sheet and minimal debt burden. The consistent reporting of 0% officer compensation across all available filings is a notable indicator of transparency and a focus on mission-related spending rather than executive salaries.
The organization's spending efficiency appears high, as expenses are consistently well below revenue, allowing for asset growth and presumably increased program funding. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall financial picture suggests a well-managed entity. The lack of reported officer compensation further reinforces a perception of fiscal prudence and a commitment to directing funds towards its charitable purpose. The foundation's consistent filing history and minimal liabilities contribute to a positive assessment of its transparency and financial stewardship.