Quick charity verification for Richard H Pierce Family Foundation (EIN: 207201885)
Verdict: Richard H Pierce Family Foundation appears trustworthy
70/100Mission Score
$11KRevenue
$205KAssets
3Red Flags
3Strengths
Red Flags
Significant revenue volatility year-over-year, making financial planning difficult.
Consistent pattern of expenses exceeding revenue, indicating reliance on asset drawdowns.
Declining assets in recent years (from $339,982 in 2021 to $204,694 currently).
Strengths
Zero officer compensation reported across all filings, indicating low administrative overhead.
Consistently low liabilities ($1 or $0), suggesting good financial management of debt.
Consistent filing of IRS Form 990s, demonstrating transparency.
Spending Breakdown
How Richard H Pierce Family Foundation 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 Richard H Pierce Family Foundation
Is Richard H Pierce Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Richard H Pierce Family Foundation (EIN: 207201885) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Richard H Pierce Family Foundation a good charity to donate to?
Richard H Pierce Family Foundation has a Mission Score of 70/100. Revenue: $11K. Assets: $205K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Richard H Pierce Family Foundation?
The Employer Identification Number (EIN) for Richard H Pierce Family Foundation is 207201885. 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 Richard H Pierce Family Foundation spend its money?
Richard H Pierce Family Foundation allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Richard H Pierce Family Foundation's tax-exempt status?
You can verify Richard H Pierce Family Foundation's tax-exempt status using EIN 207201885 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 Richard H Pierce Family Foundation exhibits inconsistent financial activity over the past decade. While the organization reported significant revenues in 2021 ($329,853), 2013 ($234,704), and 2012 ($303,592), other years show minimal income, such as $23 in 2020 and $461 in 2022. This volatility makes it challenging to assess long-term financial stability. The foundation consistently reports minimal liabilities ($1 or $0), indicating a healthy balance sheet in terms of debt. However, the consistent pattern of expenses often exceeding revenue, particularly in recent years (e.g., 2023 expenses of $65,522 against revenue of $10,460), suggests reliance on prior year assets or endowment drawdowns. The absence of officer compensation across all filings indicates a volunteer-driven or minimally compensated leadership structure, which can be a positive sign for donor confidence regarding administrative overhead.
Given the NTEE code T22 (Private Grantmaking Foundations), the primary 'program' activity would be grantmaking. Without detailed expense breakdowns, it's difficult to precisely determine spending efficiency on programs versus administrative costs. However, the consistent reporting of zero officer compensation suggests a lean administrative structure. The foundation's assets have fluctuated significantly, from a low of $38,135 in 2011 to a high of $339,982 in 2021, and currently stand at $204,694. This fluctuation, coupled with the revenue-expense disparities, warrants closer examination of their investment strategies and grantmaking policies to understand their operational model and long-term sustainability. The foundation's transparency is generally good, with consistent 990 filings available.