Ernest C And Caryl K Piersonfoundation
Pierson Foundation maintains over $1 million in assets with no officer compensation.
EIN: 205753399 · Rio Verde, AZ · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $19K |
| Total Expenses | $13K |
| Program Spending | 90% |
| Net Assets | $1.1M |
| Transparency Score | 85/100 |
Is Ernest C And Caryl K Piersonfoundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Ernest C And Caryl K Piersonfoundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Ernest C And Caryl K Piersonfoundation
Ernest C And Caryl K Piersonfoundation (EIN: 205753399) is a nonprofit organization based in Rio Verde, AZ, classified under NTEE code T22. The organization reported total revenue of $19K and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ernest C And Caryl K Piersonfoundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ernest C And Caryl K Piersonfoundation is a micro 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 -15.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $14K |
| Total Expenses | $13K |
| Surplus / Deficit | +$936 |
| Total Assets | $1.1M |
| Total Liabilities | $1 |
| Net Assets | $1.1M |
| Operating Margin | 6.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 1008.9 months |
Financial Health Grade: A
In 2023, Ernest C And Caryl K Piersonfoundation reported a surplus of $936 with revenue exceeding expenses, holds 1008.9 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), Ernest C And Caryl K Piersonfoundation's revenue has declined at a compound annual growth rate (CAGR) of -15.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +212.5% | +55.7% | +0.1% |
| 2022 | -94.2% | -63.6% | -0.4% |
| 2021 | +4771.0% | +87.5% | +5.1% |
| 2020 | -98.7% | -80.5% | -1.0% |
| 2019 | +20.3% | +46.4% | +16.7% |
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 Ernest C And Caryl K Piersonfoundation with a Mission Score of 85 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, Ernest C And Caryl K Piersonfoundation 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 surplus of $936, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries or other compensation are paid to officers, directors, or trustees, which is highly favorable for a foundation of this size.
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 Ernest C And Caryl K Piersonfoundation:
- Consistent asset growth, from $635,429 in 2011 to over $1 million currently.
- Zero officer compensation reported across all filings, indicating efficient use of funds.
- Very low liabilities, consistently reported as $1 in recent years, showing strong financial health.
- Consistent IRS 990 filing history, demonstrating transparency and compliance.
- Revenue generally exceeds expenses, contributing to long-term financial stability.
Frequently Asked Questions about Ernest C And Caryl K Piersonfoundation
Is Ernest C And Caryl K Piersonfoundation a legitimate charity?
Ernest C And Caryl K Piersonfoundation (EIN: 205753399) is a registered tax-exempt nonprofit based in Arizona. Our AI analysis gives it a Mission Score of 85/100. It has 10 years of IRS 990 filings on record. Total revenue: $19K. No red flags identified. 5 strengths noted. Financial health grade: A.
How does Ernest C And Caryl K Piersonfoundation spend its money?
Ernest C And Caryl K Piersonfoundation directs 90% of its spending to programs and services. This exceeds the 65% industry benchmark.
Are donations to Ernest C And Caryl K Piersonfoundation tax-deductible?
Ernest C And Caryl K Piersonfoundation is registered as a tax-exempt nonprofit (EIN: 205753399). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Ernest C And Caryl K Piersonfoundation compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Ernest C And Caryl K Piersonfoundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Ernest C And Caryl K Piersonfoundation located?
Ernest C And Caryl K Piersonfoundation is headquartered in Rio Verde, Arizona and files with the IRS under EIN 205753399. It is classified under NTEE code T22.
How many years of IRS 990 filings does Ernest C And Caryl K Piersonfoundation have?
Ernest C And Caryl K Piersonfoundation 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 $19K in total revenue.
Is the Ernest C And Caryl K Piersonfoundation a good charity?
As a private grantmaking foundation, its 'goodness' is primarily measured by its grantmaking impact. Financially, it appears well-managed with consistent assets, low liabilities, and no executive compensation, which are strong positive indicators. Its transparency through consistent 990 filings is also commendable.
What is the primary purpose of this organization?
Based on its NTEE code T22, the Ernest C And Caryl K Piersonfoundation is a private grantmaking foundation, meaning its primary purpose is to provide financial support (grants) to other organizations or individuals in line with its charitable objectives.
How has the foundation's asset base changed over time?
The foundation's assets have shown consistent growth over the long term, increasing from $635,429 in 2011 to $1,006,828 currently, and peaking at $1,074,840 in 2021. This indicates effective management of its endowment.
Does the foundation spend a lot on administrative costs?
While specific administrative cost breakdowns are not provided in the summary, the overall expenses are relatively low compared to the asset base and, in many years, significantly lower than revenue. The absence of officer compensation suggests administrative overhead is likely kept to a minimum.
Filing History
IRS 990 filing history for Ernest C And Caryl K Piersonfoundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Ernest C And Caryl K Piersonfoundation's revenue has declined by 86.5%, moving from $101K to $14K. Total assets increased by 68.7% over the same period, from $635K to $1.1M. Total functional expenses fell by 74.5%, from $50K to $13K. In its most recent filing year (2023), Ernest C And Caryl K Piersonfoundation reported a surplus of $936, with revenue exceeding expenses. The organization holds $1 in liabilities against $1.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $14K | $13K | $1.1M | $1 | — | — |
| 2022 | $4K | $8K | $1.1M | $1 | — | — |
| 2021 | $75K | $23K | $1.1M | $1 | — | — |
| 2020 | $2K | $12K | $1.0M | $1 | — | — |
| 2019 | $121K | $62K | $1.0M | $0 | — | View 990 |
| 2015 | $101K | $42K | $885K | $15K | — | View 990 |
| 2014 | $101K | $57K | $822K | $11K | — | View 990 |
| 2013 | $106K | $24K | $772K | $0 | — | View 990 |
| 2012 | $101K | $49K | $685K | $0 | — | View 990 |
| 2011 | $101K | $50K | $635K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $14K, expenses of $13K, and assets of $1.1M (revenue +212.5% year-over-year).
- 2022: Revenue of $4K, expenses of $8K, and assets of $1.1M (revenue -94.2% year-over-year).
- 2021: Revenue of $75K, expenses of $23K, and assets of $1.1M (revenue +4771.0% year-over-year).
- 2020: Revenue of $2K, expenses of $12K, and assets of $1.0M (revenue -98.7% year-over-year).
- 2019: Revenue of $121K, expenses of $62K, and assets of $1.0M (revenue +20.3% year-over-year).
- 2015: Revenue of $101K, expenses of $42K, and assets of $885K (revenue -0.1% year-over-year).
- 2014: Revenue of $101K, expenses of $57K, and assets of $822K (revenue -4.7% year-over-year).
- 2013: Revenue of $106K, expenses of $24K, and assets of $772K (revenue +4.8% year-over-year).
- 2012: Revenue of $101K, expenses of $49K, and assets of $685K (revenue -0.2% year-over-year).
- 2011: Revenue of $101K, expenses of $50K, and assets of $635K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ernest C And Caryl K Piersonfoundation:
Data Sources and Methodology
This transparency report for Ernest C And Caryl K Piersonfoundation 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.