Consistent 0% officer compensation reported, which is unusual for an organization of this size and may warrant further inquiry into how leadership is compensated.
Strengths
Strong and consistent revenue growth, with current revenue at $9,311,353.
Significant asset growth, nearly doubling from $10,309,102 in 2021 to $18,692,646 currently.
Consistent operational surpluses, indicating sound financial management (e.g., $6,666,827 revenue vs. $4,737,212 expenses in 2023).
Low liabilities relative to assets, indicating financial stability (e.g., $189,074 liabilities vs. $15,209,895 assets in 2023).
Reported 0% officer compensation, suggesting a strong commitment to directing funds towards the mission.
Spending Breakdown
How Puritan Reformed Theological Seminary allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Puritan Reformed Theological Seminary
Is Puritan Reformed Theological Seminary a legitimate charity?
Based on AI analysis of IRS 990 filings, Puritan Reformed Theological Seminary (EIN: 202394341) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Puritan Reformed Theological Seminary a good charity to donate to?
Puritan Reformed Theological Seminary has a Mission Score of 90/100. Revenue: $9.3M. Assets: $18.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Puritan Reformed Theological Seminary?
The Employer Identification Number (EIN) for Puritan Reformed Theological Seminary is 202394341. 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 Puritan Reformed Theological Seminary spend its money?
Puritan Reformed Theological Seminary allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Puritan Reformed Theological Seminary's tax-exempt status?
You can verify Puritan Reformed Theological Seminary's tax-exempt status using EIN 202394341 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
Puritan Reformed Theological Seminary demonstrates strong financial health and growth, with its assets nearly doubling from $10,309,102 in 2021 to $18,692,646 currently. The organization consistently operates with a surplus, as evidenced by revenues exceeding expenses in most recent filings, such as $6,666,827 in revenue against $4,737,212 in expenses in 2023. This indicates effective financial management and a healthy reserve. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency and a commitment to directing resources towards its mission rather than executive salaries. This practice is a significant positive indicator of financial stewardship and donor trust.