M & I Pfister Foundation
M & I Pfister Foundation shows substantial asset growth and minimal expenses, with no officer compensation reported.
EIN: 205994513 · La Jolla, CA · NTEE: T20 · Updated: 2026-03-28
Is M & I Pfister Foundation Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
M & I Pfister Foundation directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About M & I Pfister Foundation
M & I Pfister Foundation (EIN: 205994513) is a nonprofit organization based in La Jolla, CA, classified under NTEE code T20. The organization reported total revenue of $4.5M and total assets of $22.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of M & I Pfister Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates M & I Pfister Foundation with a Mission Score of 90 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, M & I Pfister 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.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or directors receive salaries from the foundation, which is highly favorable for a private foundation of its size with assets exceeding $21 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 M & I Pfister Foundation:
- Significant asset growth from $1.4M in 2011 to $21M in 2023.
- Consistently reports zero officer compensation, indicating efficient use of funds.
- Extremely low liabilities, often $1, reflecting strong financial stability.
- High revenue generation, such as $9.8M in 2023, supporting its mission.
- Very low expense ratios relative to revenue, suggesting efficient operations.
Frequently Asked Questions about M & I Pfister Foundation
Is M & I Pfister Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, M & I Pfister Foundation (EIN: 205994513) appears legitimate. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
How does M & I Pfister Foundation spend its money?
M & I Pfister Foundation directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to M & I Pfister Foundation tax-deductible?
M & I Pfister Foundation is registered as a tax-exempt nonprofit (EIN: 205994513). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is M & I Pfister Foundation a good charity?
Based on the provided data, the M & I Pfister Foundation appears to be a very well-managed private foundation. It exhibits strong asset growth, minimal liabilities, and reports zero officer compensation, all of which are positive indicators.
How has the foundation's financial position changed over time?
The foundation's financial position has significantly strengthened, with assets growing from $1,455,121 in 2011 to $21,096,365 in 2023, and revenue showing substantial fluctuations but generally increasing, such as $9,823,854 in 2023.
What is the foundation's spending efficiency?
The foundation demonstrates high spending efficiency. For example, in 2023, expenses were $782,862 against revenue of $9,823,854, indicating a very low proportion of revenue is consumed by operational costs, allowing for significant asset accumulation or grantmaking.
Filing History
IRS 990 filing history for M & I Pfister Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), M & I Pfister Foundation's revenue has grown by 2282.1%, moving from $412K to $9.8M. Total assets increased by 1349.8% over the same period, from $1.5M to $21.1M. Total functional expenses rose by 108.9%, from $375K to $783K. In its most recent filing year (2023), M & I Pfister Foundation reported a surplus of $9.0M, with revenue exceeding expenses. The organization holds $1 in liabilities against $21.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $21.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $9.8M | $783K | $21.1M | $1 | — | — |
| 2022 | $8.6M | $678K | $18.6M | $1 | — | View 990 |
| 2021 | $912K | $387K | $15.0M | $1 | — | View 990 |
| 2020 | $7.3M | $3K | $12.2M | $1 | — | — |
| 2019 | $5.9M | $404K | $6.8M | $1 | — | View 990 |
| 2015 | $100K | $312K | $763K | $1 | — | View 990 |
| 2014 | $286K | $398K | $908K | $1 | — | View 990 |
| 2013 | $505K | $398K | $1.2M | $1 | — | View 990 |
| 2012 | $163K | $406K | $1.1M | $1 | — | View 990 |
| 2011 | $412K | $375K | $1.5M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $9.8M, expenses of $783K, and assets of $21.1M (revenue +14.4% year-over-year).
- 2022: Revenue of $8.6M, expenses of $678K, and assets of $18.6M (revenue +842.0% year-over-year).
- 2021: Revenue of $912K, expenses of $387K, and assets of $15.0M (revenue -87.4% year-over-year).
- 2020: Revenue of $7.3M, expenses of $3K, and assets of $12.2M (revenue +22.8% year-over-year).
- 2019: Revenue of $5.9M, expenses of $404K, and assets of $6.8M (revenue +5803.0% year-over-year).
- 2015: Revenue of $100K, expenses of $312K, and assets of $763K (revenue -65.1% year-over-year).
- 2014: Revenue of $286K, expenses of $398K, and assets of $908K (revenue -43.3% year-over-year).
- 2013: Revenue of $505K, expenses of $398K, and assets of $1.2M (revenue +209.8% year-over-year).
- 2012: Revenue of $163K, expenses of $406K, and assets of $1.1M (revenue -60.4% year-over-year).
- 2011: Revenue of $412K, expenses of $375K, and assets of $1.5M.
Data Sources and Methodology
This transparency report for M & I Pfister 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.