Quick charity verification for Prudential Foundation Inc (EIN: 222175290)
Verdict: Prudential Foundation Inc appears trustworthy
85/100Mission Score
$73.0MRevenue
$71.4MAssets
2Red Flags
3Strengths
Red Flags
Significant fluctuations in reported revenue, from $92,161,809 in 2015 to $646,652 in 2022, then up to $32,401,528 in 2023, could indicate reliance on variable corporate contributions or specific large grants.
The consistent 'c0%' for compensation across all available filings might obscure the true cost of executive oversight if it's fully borne by the parent company, making it difficult to assess the full administrative efficiency of the foundation in isolation.
Strengths
Maintains a robust asset base, with $76,187,343 in 2023, providing a strong financial cushion for future programs.
Consistently high program spending relative to administrative and fundraising costs, indicating a focus on mission delivery.
Part of a large, reputable corporation (Prudential Financial), which can provide stability and operational support.
Spending Breakdown
How Prudential Foundation Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
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 Prudential Foundation Inc
Is Prudential Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Prudential Foundation Inc (EIN: 222175290) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Prudential Foundation Inc a good charity to donate to?
Prudential Foundation Inc has a Mission Score of 85/100. Revenue: $73.0M. Assets: $71.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Prudential Foundation Inc?
The Employer Identification Number (EIN) for Prudential Foundation Inc is 222175290. 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 Prudential Foundation Inc spend its money?
Prudential Foundation Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Prudential Foundation Inc's tax-exempt status?
You can verify Prudential Foundation Inc's tax-exempt status using EIN 222175290 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
Prudential Foundation Inc is a philanthropy, voluntarism & grantmaking nonprofit based in Newark, New Jersey, with reported revenue of $73.0M and assets of $71.4M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 80% of spending goes to programs, 10% to administration, and 10% to fundraising. The foundation consistently reports 0% for compensation, which may indicate executive compensation is covered by the parent company, Prudential Financial, rather than directly by the foundation. Financial filings are publicly available and detailed. The organization's tax-exempt status (T20) is clearly stated. Executive compensation is not directly reported within the foundation's filings, suggesting it is likely absorbed by the parent company, Prudential Financial, rather than being a direct expense of the foundation itself. Revenue has declined -15% across 10 filing periods.