Quick charity verification for Preservation Chicago Nfp (EIN: 10674228)
Verdict: Preservation Chicago Nfp appears trustworthy
90/100Mission Score
$1.8MRevenue
$2.6MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Significant revenue growth, particularly in the 202312 period ($1,617,322 revenue).
Strong asset growth, reaching $1,393,136 in 202312.
Consistently reports 0% officer compensation, indicating high transparency and mission focus.
Expenses are well below revenue in the latest filing ($471,921 expenses vs. $1,617,322 revenue in 202312).
Low liabilities relative to assets, indicating good financial management (e.g., $9,604 liabilities vs. $1,393,136 assets in 202312).
Spending Breakdown
How Preservation Chicago Nfp 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 Preservation Chicago Nfp
Is Preservation Chicago Nfp a legitimate charity?
Based on AI analysis of IRS 990 filings, Preservation Chicago Nfp (EIN: 10674228) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Preservation Chicago Nfp a good charity to donate to?
Preservation Chicago Nfp has a Mission Score of 90/100. Revenue: $1.8M. Assets: $2.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Preservation Chicago Nfp?
The Employer Identification Number (EIN) for Preservation Chicago Nfp is 10674228. 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 Preservation Chicago Nfp spend its money?
Preservation Chicago Nfp allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Preservation Chicago Nfp's tax-exempt status?
You can verify Preservation Chicago Nfp's tax-exempt status using EIN 10674228 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
Preservation Chicago Nfp demonstrates a strong financial position, particularly in its most recent filing period (202312) where revenue significantly outpaced expenses ($1,617,322 vs. $471,921). This resulted in a substantial increase in assets to $1,393,136, indicating effective financial management and growth. The organization consistently reports 0% officer compensation across all available filings, which is a strong indicator of transparency and a commitment to directing funds towards its mission rather than executive salaries.
The organization's spending efficiency appears robust, especially in the latest period where expenses were less than a third of revenue. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall financial health suggests a well-managed operation. The consistent growth in revenue and assets over the past few years, culminating in the latest period's strong performance, points to increasing support and capacity for its mission.