David & Karen Pecker Foundation
David & Karen Pecker Foundation maintains low expenses and zero officer compensation, growing assets to over $5 million.
EIN: 161539044 · Greenwich, CT · NTEE: T20Z · Updated: 2026-03-28
Is David & Karen Pecker Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
David & Karen Pecker Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About David & Karen Pecker Foundation
David & Karen Pecker Foundation (EIN: 161539044) is a nonprofit organization based in Greenwich, CT, classified under NTEE code T20Z. The organization reported total revenue of $6.2M and total assets of $5.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of David & Karen Pecker Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
David & Karen Pecker Foundation is a mid-size nonprofit that has been operating for 28 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $53K |
| Total Expenses | $3K |
| Surplus / Deficit | +$50K |
| Total Assets | $5.1M |
| Total Liabilities | $1 |
| Net Assets | $5.1M |
| Operating Margin | 94.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 21874.5 months |
Financial Health Grade: A
In 2023, David & Karen Pecker Foundation reported a surplus of $50K with revenue exceeding expenses, holds 21874.5 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), David & Karen Pecker Foundation's revenue has declined at a compound annual growth rate (CAGR) of -0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -63.8% | -92.4% | +1.0% |
| 2022 | -92.7% | -7.2% | +2.2% |
| 2020 | -106.2% | +11.3% | -7.9% |
| 2019 | +869.6% | -27.3% | +216.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1998 |
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 David & Karen Pecker 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, David & Karen Pecker Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% 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 surplus of $50K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation has consistently been reported as 0% across all available filings, indicating that the foundation's leadership is unpaid, which is a strong positive for donor confidence and resource allocation.
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 David & Karen Pecker Foundation:
- Zero officer compensation reported across all filings, indicating high efficiency and dedication.
- Extremely low expense ratios relative to revenue and assets, maximizing funds for charitable use (e.g., $2,792 expenses on $53,241 revenue in 2023).
- Consistent growth in assets, from $817,515 in 2011 to $5,089,473 in 2023, demonstrating strong financial stewardship.
- Consistent IRS 990 filing history, indicating good transparency and compliance.
- Very low liabilities ($1 in recent years), suggesting strong financial stability.
Frequently Asked Questions about David & Karen Pecker Foundation
Is David & Karen Pecker Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, David & Karen Pecker Foundation (EIN: 161539044) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does David & Karen Pecker Foundation spend its money?
David & Karen Pecker Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to David & Karen Pecker Foundation tax-deductible?
David & Karen Pecker Foundation is registered as a tax-exempt nonprofit (EIN: 161539044). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the David & Karen Pecker Foundation a good charity?
Yes, based on the available IRS 990 data, the David & Karen Pecker Foundation appears to be a very good charity. It exhibits excellent financial health with growing assets, extremely low administrative expenses, and zero officer compensation, meaning nearly all funds are available for its charitable mission.
What is the primary activity of this foundation?
Given its NTEE code T20Z (Private Grantmaking Foundations) and low operational expenses, the primary activity of this foundation is likely making grants to other charitable organizations or individuals, rather than directly operating programs.
How has the foundation's asset base changed over time?
The foundation's assets have shown significant growth, increasing from $817,515 in 2011 to $5,089,473 in 2023, indicating strong financial management and accumulation of resources for its charitable purpose.
Filing History
IRS 990 filing history for David & Karen Pecker Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), David & Karen Pecker Foundation's revenue has declined by 9%, moving from $59K to $53K. Total assets increased by 522.6% over the same period, from $818K to $5.1M. Total functional expenses fell by 98.5%, from $184K to $3K. In its most recent filing year (2023), David & Karen Pecker Foundation reported a surplus of $50K, with revenue exceeding expenses. The organization holds $1 in liabilities against $5.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $5.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $53K | $3K | $5.1M | $1 | — | View 990 |
| 2022 | $147K | $37K | $5.0M | $1 | — | View 990 |
| 2021 | $2.0M | $39K | $4.9M | $1 | — | View 990 |
| 2020 | $-67,451 | $267K | $2.9M | $1 | — | View 990 |
| 2019 | $1.1M | $240K | $3.2M | $1 | — | View 990 |
| 2015 | $112K | $330K | $995K | $1 | — | View 990 |
| 2014 | $532K | $160K | $1.2M | $1 | — | View 990 |
| 2013 | $130K | $80K | $780K | $0 | — | View 990 |
| 2012 | $64K | $151K | $730K | $0 | — | View 990 |
| 2011 | $59K | $184K | $818K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $53K, expenses of $3K, and assets of $5.1M (revenue -63.8% year-over-year).
- 2022: Revenue of $147K, expenses of $37K, and assets of $5.0M (revenue -92.7% year-over-year).
- 2021: Revenue of $2.0M, expenses of $39K, and assets of $4.9M.
- 2020: Revenue of $-67,451, expenses of $267K, and assets of $2.9M (revenue -106.2% year-over-year).
- 2019: Revenue of $1.1M, expenses of $240K, and assets of $3.2M (revenue +869.6% year-over-year).
- 2015: Revenue of $112K, expenses of $330K, and assets of $995K (revenue -78.9% year-over-year).
- 2014: Revenue of $532K, expenses of $160K, and assets of $1.2M (revenue +310.7% year-over-year).
- 2013: Revenue of $130K, expenses of $80K, and assets of $780K (revenue +102.2% year-over-year).
- 2012: Revenue of $64K, expenses of $151K, and assets of $730K (revenue +9.5% year-over-year).
- 2011: Revenue of $59K, expenses of $184K, and assets of $818K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for David & Karen Pecker Foundation:
Data Sources and Methodology
This transparency report for David & Karen Pecker 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.