Is Seigfried Petersen Community Trust Legit?

Quick charity verification for Seigfried Petersen Community Trust (EIN: 201074254)

Verdict: Seigfried Petersen Community Trust appears trustworthy

95/100Mission Score
$42KRevenue
$481KAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

How Seigfried Petersen Community Trust allocates its funds across programs, administration, and fundraising.

99%
Program Spending
Healthy — majority goes to mission
1%
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 Seigfried Petersen Community Trust

Is Seigfried Petersen Community Trust a legitimate charity?

Based on AI analysis of IRS 990 filings, Seigfried Petersen Community Trust (EIN: 201074254) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is Seigfried Petersen Community Trust a good charity to donate to?

Seigfried Petersen Community Trust has a Mission Score of 95/100. Revenue: $42K. Assets: $481K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Seigfried Petersen Community Trust?

The Employer Identification Number (EIN) for Seigfried Petersen Community Trust is 201074254. 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 Seigfried Petersen Community Trust spend its money?

Seigfried Petersen Community Trust allocates 99% to programs, 1% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Seigfried Petersen Community Trust's tax-exempt status?

You can verify Seigfried Petersen Community Trust's tax-exempt status using EIN 201074254 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 Seigfried Petersen Community Trust appears to be a well-managed and financially stable organization, primarily operating as a grant-making entity given its NTEE code T20 (Private Grantmaking Foundations). With assets consistently around $480,000 and annual revenues in the $32,000-$42,000 range, the Trust maintains a healthy financial position. Its liabilities have consistently been reported as $0 across all available filings, indicating strong fiscal responsibility and no outstanding debt. The Trust demonstrates excellent spending efficiency, with expenses closely matching revenue each year, suggesting that nearly all available funds are distributed or utilized for its charitable purpose. For example, in 2023, revenue was $42,026 and expenses were $41,737, leaving a minimal surplus. The consistent reporting of 0% officer compensation further underscores its commitment to maximizing funds for its mission rather than administrative overhead. This structure is typical for a private foundation where the primary activity is distributing grants. Transparency is high, as evidenced by its consistent filing history and the clear financial picture presented in its 990s. The absence of officer compensation and liabilities simplifies financial analysis and indicates a straightforward operational model. The Trust's financial health is robust, with stable assets and a clear pattern of distributing funds annually, making it a highly efficient and transparent philanthropic vehicle.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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