Is Preterist Research Instituteincorporated Legit?

Quick charity verification for Preterist Research Instituteincorporated (EIN: 205884258)

Verdict: Preterist Research Instituteincorporated shows mixed signals

65/100Mission Score
$73KRevenue
$97KAssets
3Red Flags
2Strengths

Red Flags

Strengths

Spending Breakdown

How Preterist Research Instituteincorporated allocates its funds across programs, administration, and fundraising.

80%
Program Spending
Healthy — majority goes to mission
15%
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 Preterist Research Instituteincorporated

Is Preterist Research Instituteincorporated a legitimate charity?

Based on AI analysis of IRS 990 filings, Preterist Research Instituteincorporated (EIN: 205884258) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.

Is Preterist Research Instituteincorporated a good charity to donate to?

Preterist Research Instituteincorporated has a Mission Score of 65/100. Revenue: $73K. Assets: $97K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Preterist Research Instituteincorporated?

The Employer Identification Number (EIN) for Preterist Research Instituteincorporated is 205884258. 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 Preterist Research Instituteincorporated spend its money?

Preterist Research Instituteincorporated allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Preterist Research Instituteincorporated's tax-exempt status?

You can verify Preterist Research Instituteincorporated's tax-exempt status using EIN 205884258 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

Preterist Research Instituteincorporated, located in Ardmore, OK, has experienced a notable decline in revenue over the past several years, from a peak of $458,247 in 2015 to $97,083 in 2023. Despite this, the organization has consistently reported zero officer compensation, indicating a commitment to minimizing administrative overhead in that specific area. However, the organization has consistently spent more than it brought in during most recent periods, with expenses exceeding revenue in 2023 ($103,676 vs. $97,083), 2022 ($107,127 vs. $90,580), and 2021 ($109,790 vs. $89,647). This trend of operating at a deficit is concerning for long-term financial stability, as evidenced by the decreasing asset base from $175,065 in 2019 to $128,074 in 2023. The consistent reporting of minimal liabilities ($1) suggests a lack of significant debt, which is a positive indicator, but the overall financial trajectory points to a need for revenue generation or expense reduction strategies.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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