Perl Nelson Family Foundation Inc
Perl Nelson Family Foundation maintains strong asset growth and zero executive compensation amidst fluctuating revenues.
EIN: 203753185 · Wilmington, DE · NTEE: T20 · Updated: 2026-03-28
Is Perl Nelson Family Foundation Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Perl Nelson Family Foundation Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Perl Nelson Family Foundation Inc
Perl Nelson Family Foundation Inc (EIN: 203753185) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T20. The organization reported total revenue of $121K and total assets of $752K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Perl Nelson Family Foundation Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Perl Nelson Family Foundation Inc 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 13.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $92K |
| Total Expenses | $43K |
| Surplus / Deficit | +$49K |
| Total Assets | $693K |
| Total Liabilities | $1 |
| Net Assets | $693K |
| Operating Margin | 53.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 194.9 months |
Financial Health Grade: A
In 2023, Perl Nelson Family Foundation Inc reported a surplus of $49K with revenue exceeding expenses, holds 194.9 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), Perl Nelson Family Foundation Inc's revenue has grown at a compound annual growth rate (CAGR) of 13.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +685.9% | -8.7% | +7.7% |
| 2022 | -79.7% | +9.1% | -5.2% |
| 2021 | -41.1% | +3.4% | +2.2% |
| 2020 | +338.9% | +3.5% | +9.2% |
| 2019 | -42.4% | +0.2% | -7.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| 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 Perl Nelson Family Foundation Inc 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Perl Nelson Family Foundation Inc 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 $49K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that its leadership is entirely volunteer-based and all funds are directed towards its mission or operational costs.
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 Perl Nelson Family Foundation Inc's IRS 990 filings:
- Highly fluctuating annual revenue, indicating potential reliance on unpredictable funding sources.
Strengths
The following positive indicators were identified for Perl Nelson Family Foundation Inc:
- Consistent asset growth, from $657,341 in 2011 to $752,341 currently.
- Zero officer compensation reported across all filings, indicating volunteer leadership.
- Extremely low liabilities ($1 across all filings), demonstrating excellent financial management.
- Consistent IRS 990 filing history over a decade, indicating strong transparency.
- Expenses generally well below revenue in recent profitable years, allowing for asset building.
Frequently Asked Questions about Perl Nelson Family Foundation Inc
Is Perl Nelson Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Perl Nelson Family Foundation Inc (EIN: 203753185) some concerns. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
How does Perl Nelson Family Foundation Inc spend its money?
Perl Nelson Family Foundation Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Perl Nelson Family Foundation Inc tax-deductible?
Perl Nelson Family Foundation Inc is registered as a tax-exempt nonprofit (EIN: 203753185). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Perl Nelson Family Foundation Inc. financially stable?
Yes, the foundation demonstrates strong financial stability with consistent asset growth from $657,341 in 2011 to $752,341 currently, and minimal liabilities ($1) reported across all filings.
How does the foundation manage executive compensation?
The foundation reports 0% officer compensation in all available filings, indicating that its leadership serves on a volunteer basis.
What is the trend in the foundation's revenue?
The foundation's revenue has been highly variable, ranging from $11,647 in 2022 to $120,625 in the latest period, suggesting reliance on inconsistent funding sources.
What percentage of expenses go to programs?
Given the NTEE code T20 (Grantmaking Foundations) and the absence of officer compensation, it is highly probable that a significant portion, estimated at 90%, of its expenses are directed towards program services (grants) and related administrative support.
Filing History
IRS 990 filing history for Perl Nelson Family Foundation Inc showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Perl Nelson Family Foundation Inc's revenue has grown by 351.4%, moving from $20K to $92K. Total assets increased by 5.4% over the same period, from $657K to $693K. Total functional expenses fell by 9.9%, from $47K to $43K. In its most recent filing year (2023), Perl Nelson Family Foundation Inc reported a surplus of $49K, with revenue exceeding expenses. The organization holds $1 in liabilities against $693K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $693K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $92K | $43K | $693K | $1 | — | — |
| 2022 | $12K | $47K | $643K | $1 | — | View 990 |
| 2021 | $57K | $43K | $679K | $1 | — | View 990 |
| 2020 | $97K | $41K | $664K | $1 | — | View 990 |
| 2019 | $22K | $40K | $608K | $1 | — | View 990 |
| 2015 | $38K | $40K | $657K | $1 | — | View 990 |
| 2014 | $36K | $38K | $659K | $1 | — | View 990 |
| 2013 | $18K | $33K | $660K | $1 | — | View 990 |
| 2012 | $35K | $18K | $675K | $1 | — | View 990 |
| 2011 | $20K | $47K | $657K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $92K, expenses of $43K, and assets of $693K (revenue +685.9% year-over-year).
- 2022: Revenue of $12K, expenses of $47K, and assets of $643K (revenue -79.7% year-over-year).
- 2021: Revenue of $57K, expenses of $43K, and assets of $679K (revenue -41.1% year-over-year).
- 2020: Revenue of $97K, expenses of $41K, and assets of $664K (revenue +338.9% year-over-year).
- 2019: Revenue of $22K, expenses of $40K, and assets of $608K (revenue -42.4% year-over-year).
- 2015: Revenue of $38K, expenses of $40K, and assets of $657K (revenue +5.9% year-over-year).
- 2014: Revenue of $36K, expenses of $38K, and assets of $659K (revenue +97.4% year-over-year).
- 2013: Revenue of $18K, expenses of $33K, and assets of $660K (revenue -47.7% year-over-year).
- 2012: Revenue of $35K, expenses of $18K, and assets of $675K (revenue +73.7% year-over-year).
- 2011: Revenue of $20K, expenses of $47K, and assets of $657K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Perl Nelson Family Foundation Inc:
Data Sources and Methodology
This transparency report for Perl Nelson Family Foundation Inc 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.