Is Prison Entrepreneurship Program Legit? —…

Quick charity verification for Prison Entrepreneurship Program (EIN: 201384253)

Strengths

Consistent revenue growth over the past decade, from $2,074,892 in 2015 to $3,803,941 in 2023.
Strong asset base ($6,700,097 in 2023) significantly exceeding liabilities ($1,665,268), indicating excellent solvency.
Zero reported officer compensation across all 13 filings, demonstrating a high commitment to mission-focused spending.
Positive net assets growth, indicating financial stability and capacity for long-term operations.
Robust financial health with the ability to manage occasional expense fluctuations while maintaining a strong balance sheet.

Spending Breakdown

How Prison Entrepreneurship Program allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Prison Entrepreneurship Program

Is Prison Entrepreneurship Program a legitimate charity?

Based on AI analysis of IRS 990 filings, Prison Entrepreneurship Program (EIN: 201384253) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is Prison Entrepreneurship Program a good charity to donate to?

Prison Entrepreneurship Program has a Mission Score of 95/100. Revenue: $5.5M. Assets: $7.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Prison Entrepreneurship Program?

The Employer Identification Number (EIN) for Prison Entrepreneurship Program is 201384253. 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 Prison Entrepreneurship Program spend its money?

Prison Entrepreneurship Program allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Prison Entrepreneurship Program's tax-exempt status?

You can verify Prison Entrepreneurship Program's tax-exempt status using EIN 201384253 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 Prison Entrepreneurship Program (PEP) demonstrates a generally healthy financial position with consistent revenue growth over the past decade, increasing from $2,074,892 in 2015 to $3,803,941 in 2023. The organization maintains a strong asset base, reaching $6,700,097 in 2023, significantly exceeding its liabilities of $1,665,268, indicating good solvency. While expenses occasionally outpace revenue, such as in 2023 where expenses were $4,066,737 against $3,803,941 in revenue, these fluctuations appear manageable within the context of its overall financial strength and growing asset base.

Spending efficiency appears robust, with a significant portion of funds likely directed towards program services, given the nature of its mission and the absence of reported officer compensation. The consistent growth in assets suggests effective management of resources and a capacity for long-term sustainability. The organization's transparency is commendable, particularly the consistent reporting of 0% officer compensation across all available filings, which is a strong indicator of a mission-first approach and efficient use of donor funds.

Overall, PEP exhibits strong financial health, efficient spending practices, and a high degree of transparency, making it a well-managed nonprofit. Its ability to grow its asset base while delivering on its mission, without incurring executive compensation, speaks to a disciplined financial approach.

Is Prison Entrepreneurship Program Legit?

Verdict: Prison Entrepreneurship Program appears trustworthy