Quick charity verification for The Parsons Pantry Inc (EIN: 208120617)
Verdict: The Parsons Pantry Inc appears trustworthy
90/100Mission Score
$130KRevenue
$44KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, maximizing funds for mission.
Zero reported liabilities across all filings, indicating strong financial health.
Long history of IRS 990 filings (14 filings), demonstrating transparency and accountability.
Stable financial operations for a small nonprofit, with consistent revenue and expense patterns.
Modest but consistent asset base, showing responsible stewardship.
Spending Breakdown
How The Parsons Pantry Inc 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 The Parsons Pantry Inc
Is The Parsons Pantry Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, The Parsons Pantry Inc (EIN: 208120617) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is The Parsons Pantry Inc a good charity to donate to?
The Parsons Pantry Inc has a Mission Score of 90/100. Revenue: $130K. Assets: $44K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Parsons Pantry Inc?
The Employer Identification Number (EIN) for The Parsons Pantry Inc is 208120617. 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 The Parsons Pantry Inc spend its money?
The Parsons Pantry Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Parsons Pantry Inc's tax-exempt status?
You can verify The Parsons Pantry Inc's tax-exempt status using EIN 208120617 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 Parsons Pantry Inc demonstrates consistent financial activity as a small nonprofit, with annual revenues generally ranging from $68,000 to $130,000 over the past decade. The organization's assets are modest, typically under $70,000, and it consistently reports zero liabilities, indicating a healthy balance sheet free of debt. This financial stability, coupled with a long history of filings, suggests a well-managed organization.
Spending efficiency appears to be a strong point, as the organization reports 0% officer compensation across all available filings, indicating that leadership is likely volunteer-based, which maximizes resources for programmatic activities. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation is a positive indicator for efficient use of funds. The organization's consistent filing of IRS Form 990s over 14 periods demonstrates a commitment to transparency.
Overall, The Parsons Pantry Inc appears to be a financially sound and transparent small charity. Its consistent operations, lack of debt, and volunteer leadership contribute to a positive assessment of its financial health and spending practices, making it a reliable steward of donor funds.