Is Stevan & Cynthia Pearce Charitable Foundation Legit?
Quick charity verification for Stevan & Cynthia Pearce Charitable Foundation (EIN: 10576324)
Verdict: Stevan & Cynthia Pearce Charitable Foundation appears trustworthy
85/100Mission Score
$110KRevenue
$1.4MAssets
1Red Flags
4Strengths
Red Flags
Fluctuating annual revenue, making long-term planning potentially challenging without a stable income source.
Strengths
Consistent asset base over $1 million, demonstrating strong financial stability.
0% officer compensation reported across all filings, indicating high efficiency in resource allocation.
Minimal liabilities ($1 reported consistently), reflecting excellent financial health and low risk.
Positive net income in most years, contributing to asset growth and sustainability (e.g., 2023: Revenue $173,003 vs. Expenses $56,116).
Spending Breakdown
How Stevan & Cynthia Pearce Charitable Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Stevan & Cynthia Pearce Charitable Foundation
Is Stevan & Cynthia Pearce Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Stevan & Cynthia Pearce Charitable Foundation (EIN: 10576324) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Stevan & Cynthia Pearce Charitable Foundation a good charity to donate to?
Stevan & Cynthia Pearce Charitable Foundation has a Mission Score of 85/100. Revenue: $110K. Assets: $1.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Stevan & Cynthia Pearce Charitable Foundation?
The Employer Identification Number (EIN) for Stevan & Cynthia Pearce Charitable Foundation is 10576324. 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 Stevan & Cynthia Pearce Charitable Foundation spend its money?
Stevan & Cynthia Pearce Charitable Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Stevan & Cynthia Pearce Charitable Foundation's tax-exempt status?
You can verify Stevan & Cynthia Pearce Charitable Foundation's tax-exempt status using EIN 10576324 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 Stevan & Cynthia Pearce Charitable Foundation demonstrates consistent financial stability, maintaining assets over $1 million throughout its filing history, peaking at $1,410,087 in 2015. Revenue has fluctuated, with a high of $196,364 in 2015 and a low of $48,845 in 2022, but generally covers expenses. The organization consistently reports minimal liabilities ($1), indicating a strong balance sheet and low financial risk.
Spending efficiency appears strong, as the foundation consistently reports 0% officer compensation, suggesting that all operational and program expenses are directed towards its charitable mission without significant overhead for executive salaries. While specific program spending details are not provided in the summary data, the absence of officer compensation is a positive indicator of resource allocation.
Transparency is generally good, with a consistent filing history. The minimal liabilities and lack of officer compensation contribute to a clear financial picture. To fully assess transparency and program effectiveness, a deeper dive into the detailed expense categories within the 990 forms would be beneficial to understand the specific allocation between program services, administrative costs, and fundraising efforts.