Christopher And Nancy Pierce Charitable Foundation
Christopher And Nancy Pierce Charitable Foundation maintains stable assets with zero officer compensation over a decade.
EIN: 201966343 · Cumb Foreside, ME · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $807K |
| Total Expenses | $150K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1.5 |
| Net Assets | $1.5M |
| Transparency Score | 95/100 |
Is Christopher And Nancy Pierce Charitable Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Christopher And Nancy Pierce Charitable Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Christopher And Nancy Pierce Charitable Foundation
Christopher And Nancy Pierce Charitable Foundation (EIN: 201966343) is a nonprofit organization based in Cumb Foreside, ME, classified under NTEE code T20. The organization reported total revenue of $807K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Christopher And Nancy Pierce Charitable Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Christopher And Nancy Pierce Charitable Foundation is a small nonprofit that has been operating for 20 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -5.1%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $76K |
| Total Expenses | $150K |
| Surplus / Deficit | $-73,951 |
| Total Assets | $1.5M |
| Total Liabilities | $1 |
| Net Assets | $1.5M |
| Operating Margin | -96.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 120.4 months |
Financial Health Grade: B
In 2023, Christopher And Nancy Pierce Charitable Foundation reported a deficit of $74K with expenses exceeding revenue, holds 120.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Christopher And Nancy Pierce Charitable Foundation's revenue has declined at a compound annual growth rate (CAGR) of -5.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.8% | +25.0% | -4.7% |
| 2022 | -55.6% | +7.0% | -2.6% |
| 2021 | +46.7% | -7.7% | +4.0% |
| 2020 | -36.6% | +11.7% | -0.2% |
| 2019 | +217.7% | +3.1% | +4.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2006 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Christopher And Nancy Pierce Charitable Foundation with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Christopher And Nancy Pierce Charitable Foundation allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $74K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no officers or key employees receive salaries from the foundation, which is highly efficient for an organization of its size with assets consistently over $1.5 million.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Christopher And Nancy Pierce Charitable Foundation:
- Consistent asset base, demonstrating financial stability (e.g., $1,508,233 in 2023, $1,516,135 in 2011).
- Zero officer compensation reported across all filings, indicating high efficiency and dedication of resources to mission.
- Minimal liabilities (typically $1), suggesting a very low debt burden.
- Consistent IRS 990 filing history over a decade, showing commitment to transparency and compliance.
Frequently Asked Questions about Christopher And Nancy Pierce Charitable Foundation
Is Christopher And Nancy Pierce Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Christopher And Nancy Pierce Charitable Foundation (EIN: 201966343) appears legitimate. Mission Score: 95/100. 0 red flags identified, 4 strengths noted.
How does Christopher And Nancy Pierce Charitable Foundation spend its money?
Christopher And Nancy Pierce Charitable Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Christopher And Nancy Pierce Charitable Foundation tax-deductible?
Christopher And Nancy Pierce Charitable Foundation is registered as a tax-exempt nonprofit (EIN: 201966343). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Christopher And Nancy Pierce Charitable Foundation CEO make?
Christopher And Nancy Pierce Charitable Foundation's highest-compensated officer earns $1.5 annually. The organization reported $807K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
How does Christopher And Nancy Pierce Charitable Foundation compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Christopher And Nancy Pierce Charitable Foundation is above average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Christopher And Nancy Pierce Charitable Foundation located?
Christopher And Nancy Pierce Charitable Foundation is headquartered in Cumb Foreside, Maine and files with the IRS under EIN 201966343. It is classified under NTEE code T20.
How many years of IRS 990 filings does Christopher And Nancy Pierce Charitable Foundation have?
Christopher And Nancy Pierce Charitable Foundation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $807K in total revenue.
Is the Christopher And Nancy Pierce Charitable Foundation financially stable?
Yes, the foundation appears financially stable, consistently maintaining assets between $1.47 million and $1.62 million over the past decade, with minimal liabilities (typically $1).
Does the foundation pay its officers?
No, the foundation consistently reports 0% officer compensation across all available IRS 990 filings, indicating no salaries are paid to its officers.
How transparent is the foundation?
The foundation demonstrates good transparency by consistently filing its IRS 990 forms for over a decade, providing public access to its financial data.
Filing History
IRS 990 filing history for Christopher And Nancy Pierce Charitable Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Christopher And Nancy Pierce Charitable Foundation's revenue has declined by 46.5%, moving from $143K to $76K. Total assets decreased by 0.5% over the same period, from $1.5M to $1.5M. Total functional expenses rose by 64.1%, from $92K to $150K. In its most recent filing year (2023), Christopher And Nancy Pierce Charitable Foundation reported a deficit of $74K, with expenses exceeding revenue. The organization holds $1 in liabilities against $1.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $76K | $150K | $1.5M | $1 | — | — |
| 2022 | $78K | $120K | $1.6M | $1 | — | View 990 |
| 2021 | $175K | $112K | $1.6M | $1 | — | View 990 |
| 2020 | $119K | $122K | $1.6M | $1 | — | — |
| 2019 | $188K | $109K | $1.6M | $1 | — | View 990 |
| 2015 | $59K | $106K | $1.5M | $1 | — | View 990 |
| 2014 | $134K | $94K | $1.5M | $1 | — | View 990 |
| 2013 | $107K | $88K | $1.5M | $1 | — | View 990 |
| 2012 | $80K | $116K | $1.5M | $0 | — | View 990 |
| 2011 | $143K | $92K | $1.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $76K, expenses of $150K, and assets of $1.5M (revenue -1.8% year-over-year).
- 2022: Revenue of $78K, expenses of $120K, and assets of $1.6M (revenue -55.6% year-over-year).
- 2021: Revenue of $175K, expenses of $112K, and assets of $1.6M (revenue +46.7% year-over-year).
- 2020: Revenue of $119K, expenses of $122K, and assets of $1.6M (revenue -36.6% year-over-year).
- 2019: Revenue of $188K, expenses of $109K, and assets of $1.6M (revenue +217.7% year-over-year).
- 2015: Revenue of $59K, expenses of $106K, and assets of $1.5M (revenue -55.6% year-over-year).
- 2014: Revenue of $134K, expenses of $94K, and assets of $1.5M (revenue +25.1% year-over-year).
- 2013: Revenue of $107K, expenses of $88K, and assets of $1.5M (revenue +34.2% year-over-year).
- 2012: Revenue of $80K, expenses of $116K, and assets of $1.5M (revenue -44.2% year-over-year).
- 2011: Revenue of $143K, expenses of $92K, and assets of $1.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Christopher And Nancy Pierce Charitable Foundation:
Data Sources and Methodology
This transparency report for Christopher And Nancy Pierce Charitable Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.