Quick charity verification for Primrose Foundation (EIN: 205861380)
Verdict: Primrose Foundation appears trustworthy
92/100Mission Score
$1.3MRevenue
$2.1MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistently low expenses relative to revenue (e.g., 2023 expenses $94,018 vs. revenue $280,662)
Zero reported officer compensation across all filings, indicating high efficiency
Strong and consistent asset growth from $670,026 in 2011 to $1,713,112 in 2023
Minimal liabilities ($0 or $1) across all filing periods, indicating financial stability
Consistent IRS 990 filing history demonstrating transparency
Spending Breakdown
How Primrose Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Primrose Foundation
Is Primrose Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Primrose Foundation (EIN: 205861380) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Primrose Foundation a good charity to donate to?
Primrose Foundation has a Mission Score of 92/100. Revenue: $1.3M. Assets: $2.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Primrose Foundation?
The Employer Identification Number (EIN) for Primrose Foundation is 205861380. 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 Primrose Foundation spend its money?
Primrose Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Primrose Foundation's tax-exempt status?
You can verify Primrose Foundation's tax-exempt status using EIN 205861380 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
The Primrose Foundation demonstrates strong financial health and efficiency based on its IRS 990 filings. Over the past decade, the organization has consistently maintained low expenses relative to its revenue, indicating efficient operations. For instance, in 2023, expenses were $94,018 against revenues of $280,662, and in 2022, expenses were $89,225 against revenues of $135,432. This pattern suggests a significant portion of revenue is retained or directed towards program activities rather than being consumed by overhead.
The foundation's assets have shown consistent growth, increasing from $670,026 in 2011 to $1,713,112 in 2023, reflecting sound financial management and accumulation of resources. The reported liabilities have been consistently minimal (often $0 or $1), indicating a very low debt burden. The absence of reported officer compensation across all filings suggests a volunteer-led or very lean executive structure, which contributes to lower administrative costs and potentially higher program spending efficiency. The NTEE code T20 (Philanthropy, Voluntarism, and Grantmaking Foundations) aligns with its operational profile.
While the filings indicate strong financial stewardship, the exact breakdown of program, administrative, and fundraising expenses is not explicitly detailed in the provided summary data. However, the overall low expense-to-revenue ratio and zero officer compensation strongly imply a high percentage of funds are available for mission-related activities. The consistent filing history and minimal liabilities also point to good transparency and accountability.