Quick charity verification for Preservation Fund (EIN: 133690790)
Verdict: Preservation Fund shows mixed signals
45/100Mission Score
$1.9MRevenue
$2.3MAssets
4Red Flags
2Strengths
Red Flags
Consistent operating deficits, particularly in recent years (e.g., 202212: $32,470 revenue vs. $306,106 expenses).
Significant decline in total assets over time, from $3.49 million in 2015 to $2.57 million in 2022.
Extremely low revenue in the latest reported period ($32,470), raising questions about operational viability.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, limiting efficiency assessment.
Strengths
Consistently reports 0% officer compensation, indicating no executive salary burden.
Maintains very low liabilities across all reported periods, suggesting good debt management.
Spending Breakdown
How Preservation Fund allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Fund
Is Preservation Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Preservation Fund (EIN: 133690790) shows mixed signals. Mission Score: 45/100. 4 red flags identified, 2 strengths noted.
Is Preservation Fund a good charity to donate to?
Preservation Fund has a Mission Score of 45/100. Revenue: $1.9M. Assets: $2.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Preservation Fund?
The Employer Identification Number (EIN) for Preservation Fund is 133690790. 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 Fund spend its money?
Preservation Fund allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Preservation Fund's tax-exempt status?
You can verify Preservation Fund's tax-exempt status using EIN 133690790 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 Fund exhibits a concerning trend of declining revenue and increasing expenses in recent years, particularly in the 202212 period where revenue was only $32,470 against expenses of $306,106. This indicates a significant operational deficit that is eroding its asset base, which has decreased from $3,495,047 in 201512 to $2,578,310 in 202212. While the organization reports zero officer compensation across all available filings, which suggests good stewardship in that area, the overall financial health appears to be deteriorating. The lack of detailed expense breakdowns in the provided data makes it difficult to fully assess spending efficiency beyond the high-level revenue-to-expense ratio.
The organization's transparency regarding executive compensation is excellent, with 0% reported. However, without a breakdown of program, administrative, and fundraising expenses, a comprehensive assessment of spending efficiency is limited. The consistent reporting of minimal liabilities ($0-$2,622) across all periods is a positive indicator of financial management in that specific area. The significant drop in revenue in the latest period, coupled with sustained expenses, raises questions about the sustainability of its operations and its ability to fund its mission effectively in the long term.