Perez Foundation
Perez Foundation faces severe financial decline with consistent net losses and dwindling assets.
EIN: 200511535 · Metairie, LA · NTEE: T20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $23 |
| Total Expenses | $1K |
| Net Assets | $19K |
| Transparency Score | 10/100 |
Is Perez Foundation Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Perez Foundation
Perez Foundation (EIN: 200511535) is a nonprofit organization based in Metairie, LA, classified under NTEE code T20. The organization reported total revenue of $23 and total assets of $17K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Perez Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Perez Foundation 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 13.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $64 |
| Total Expenses | $1K |
| Surplus / Deficit | $-1,196 |
| Total Assets | $19K |
| Total Liabilities | $1 |
| Net Assets | $19K |
| Operating Margin | -1868.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 182.7 months |
Financial Health Grade: B
In 2023, Perez Foundation reported a deficit of $1K with expenses exceeding revenue, holds 182.7 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), Perez Foundation's revenue has grown at a compound annual growth rate (CAGR) of 13.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -1604.5% | -22.4% | -67.2% |
| 2021 | +151.1% | +84.3% | -0.2% |
| 2020 | +94.7% | -57.0% | +0.2% |
| 2019 | -26.9% | -30.8% | -14.6% |
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 Perez Foundation with a Mission Score of 10 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Perez Foundation allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $1K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Officer compensation has been reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or receives no reportable compensation, which is typical for very small or inactive organizations.
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.
Red Flags
The following concerns were identified during AI analysis of Perez Foundation's IRS 990 filings:
- Consistent net losses over multiple years (e.g., $64 revenue vs. $1,260 expenses in 2023).
- Significant decline in assets from $90,433 in 2011 to $19,179 in 2023.
- Extremely low and sometimes negative revenue figures, indicating a lack of sustainable funding.
- High administrative burden relative to revenue, as expenses consistently exceed income.
- Unclear programmatic activity given the minimal financial scale.
Strengths
The following positive indicators were identified for Perez Foundation:
- No reported officer compensation, suggesting volunteer leadership.
- Low reported liabilities ($0 or $1 in most years), indicating no significant debt burden.
Frequently Asked Questions about Perez Foundation
Is Perez Foundation a legitimate charity?
Perez Foundation (EIN: 200511535) is a registered tax-exempt nonprofit based in Louisiana. Our AI analysis gives it a Mission Score of 10/100. It has 10 years of IRS 990 filings on record. Total revenue: $23. 5 red flags identified. 2 strengths noted. Financial health grade: B.
How does Perez Foundation spend its money?
Perez Foundation reported $23 in total revenue in IRS 990 filings. 10 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Perez Foundation tax-deductible?
Perez Foundation is registered as a tax-exempt nonprofit (EIN: 200511535). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Perez Foundation compare to similar nonprofits?
With a transparency score of 10/100 (Very Poor), Perez Foundation is below average for NTEE category T20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Perez Foundation located?
Perez Foundation is headquartered in Metairie, Louisiana and files with the IRS under EIN 200511535. It is classified under NTEE code T20.
How many years of IRS 990 filings does Perez Foundation have?
Perez 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 $23 in total revenue.
Is the Perez Foundation still actively pursuing its mission?
Given the extremely low revenue (e.g., $64 in 2023) and consistent net losses, it is highly questionable whether the Perez Foundation is actively pursuing any significant programmatic mission. The financial data suggests minimal operational activity.
What are the primary sources of revenue for the Perez Foundation?
The provided data does not specify revenue sources, but the consistently low and sometimes negative revenue figures (e.g., $-40,306 in 2022) indicate a severe lack of sustainable funding, whether from donations, grants, or investments.
How does the Perez Foundation cover its expenses with such low revenue?
The Perez Foundation appears to be covering its expenses primarily by drawing down its assets, which have decreased from $90,433 in 2011 to $19,179 in 2023. This is not a sustainable financial model.
What is the purpose of the Perez Foundation given its financial state?
With assets declining and revenue consistently minimal, the purpose of the Perez Foundation in its current financial state is unclear. It may be in a dormant phase, in the process of dissolution, or operating on an extremely limited, perhaps personal, basis.
Filing History
IRS 990 filing history for Perez Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Perez Foundation's revenue has grown by 357.1%, moving from $14 to $64. Total assets decreased by 78.8% over the same period, from $90K to $19K. Total functional expenses fell by 69.3%, from $4K to $1K. In its most recent filing year (2023), Perez Foundation reported a deficit of $1K, with expenses exceeding revenue. The organization holds $1 in liabilities against $19K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $19K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $64 | $1K | $19K | $1 | — | — |
| 2022 | $-40,306 | $2K | $20K | $1 | — | View 990 |
| 2021 | $3K | $2K | $62K | $1 | — | View 990 |
| 2020 | $1K | $1K | $62K | $1 | — | — |
| 2019 | $548 | $2K | $62K | $0 | — | View 990 |
| 2015 | $750 | $4K | $73K | $0 | — | View 990 |
| 2014 | $6K | $5K | $76K | $0 | — | View 990 |
| 2013 | $8 | $4K | $75K | $0 | — | View 990 |
| 2012 | $8 | $8K | $78K | $0 | — | View 990 |
| 2011 | $14 | $4K | $90K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $64, expenses of $1K, and assets of $19K.
- 2022: Revenue of $-40,306, expenses of $2K, and assets of $20K (revenue -1604.5% year-over-year).
- 2021: Revenue of $3K, expenses of $2K, and assets of $62K (revenue +151.1% year-over-year).
- 2020: Revenue of $1K, expenses of $1K, and assets of $62K (revenue +94.7% year-over-year).
- 2019: Revenue of $548, expenses of $2K, and assets of $62K (revenue -26.9% year-over-year).
- 2015: Revenue of $750, expenses of $4K, and assets of $73K (revenue -86.4% year-over-year).
- 2014: Revenue of $6K, expenses of $5K, and assets of $76K (revenue +68850.0% year-over-year).
- 2013: Revenue of $8, expenses of $4K, and assets of $75K (revenue +0.0% year-over-year).
- 2012: Revenue of $8, expenses of $8K, and assets of $78K (revenue -42.9% year-over-year).
- 2011: Revenue of $14, expenses of $4K, and assets of $90K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Perez Foundation:
Data Sources and Methodology
This transparency report for Perez 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.