Perry And Sandy Massie Foundation
Perry And Sandy Massie Foundation maintains substantial assets while consistently reporting zero officer compensation.
EIN: 200491239 · Prescott, AZ · NTEE: T113 · Updated: 2026-03-28
Is Perry And Sandy Massie Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Perry And Sandy Massie Foundation directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Perry And Sandy Massie Foundation
Perry And Sandy Massie Foundation (EIN: 200491239) is a nonprofit organization based in Prescott, AZ, classified under NTEE code T113. The organization reported total revenue of $4.4M and total assets of $21.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Perry And Sandy Massie Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Perry And Sandy Massie Foundation is a mid-size 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 -1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $306K |
| Total Expenses | $977K |
| Surplus / Deficit | $-670,823 |
| Total Assets | $21.9M |
| Total Liabilities | $1 |
| Net Assets | $21.9M |
| Operating Margin | -219.2% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 269.5 months |
Financial Health Grade: B
In 2023, Perry And Sandy Massie Foundation reported a deficit of $671K with expenses exceeding revenue, holds 269.5 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), Perry And Sandy Massie Foundation's revenue has declined at a compound annual growth rate (CAGR) of -1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -69.1% | -14.1% | -3.0% |
| 2022 | -44.9% | +21.2% | -0.6% |
| 2021 | +62.1% | +21.8% | +3.9% |
| 2020 | +56.1% | -20.6% | +1.6% |
| 2019 | -5.2% | -3.0% | -7.3% |
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 Perry And Sandy Massie Foundation 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, Perry And Sandy Massie Foundation 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 deficit of $671K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all available filings, indicating that no salaries are paid to officers, which is highly unusual for an organization of its asset size ($21,939,853 in 2023) and suggests a volunteer-led or externally managed structure.
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 Perry And Sandy Massie Foundation's IRS 990 filings:
- Expenses frequently exceed revenue in recent years, though this is typical for private foundations drawing from an endowment.
Strengths
The following positive indicators were identified for Perry And Sandy Massie Foundation:
- Consistently reports 0% officer compensation, indicating high efficiency in executive overhead.
- Strong and growing asset base, reaching over $21 million, ensuring long-term financial stability.
- Very low liabilities, often $1 or $0, reflecting sound financial management.
- Consistent filing history over more than a decade, demonstrating transparency and compliance.
Frequently Asked Questions about Perry And Sandy Massie Foundation
Is Perry And Sandy Massie Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Perry And Sandy Massie Foundation (EIN: 200491239) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Perry And Sandy Massie Foundation spend its money?
Perry And Sandy Massie Foundation directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Perry And Sandy Massie Foundation tax-deductible?
Perry And Sandy Massie Foundation is registered as a tax-exempt nonprofit (EIN: 200491239). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is the Perry And Sandy Massie Foundation a good charity?
As a private grantmaking foundation, its 'goodness' is primarily measured by its grantmaking impact and financial stewardship. The foundation demonstrates strong financial health with over $21 million in assets and consistently reports 0% officer compensation, suggesting efficient use of funds for its charitable purpose. Its low liabilities also indicate sound financial management.
How does the foundation manage its expenses relative to its revenue?
In recent years, such as 2023, the foundation's expenses ($976,814) have exceeded its revenue ($305,991). This is common for private foundations that distribute grants from their endowment, drawing down assets rather than solely relying on annual income. Its substantial asset base allows for this operational model.
What is the trend in the foundation's assets?
The foundation's assets have grown significantly over time, from $2,493,011 in 2011 to $21,939,853 in 2023, indicating strong investment performance or additional contributions to its endowment, enhancing its long-term capacity for grantmaking.
Filing History
IRS 990 filing history for Perry And Sandy Massie Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Perry And Sandy Massie Foundation's revenue has declined by 20.7%, moving from $386K to $306K. Total assets increased by 780.1% over the same period, from $2.5M to $21.9M. Total functional expenses rose by 399.9%, from $195K to $977K. In its most recent filing year (2023), Perry And Sandy Massie Foundation reported a deficit of $671K, with expenses exceeding revenue. The organization holds $1 in liabilities against $21.9M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $21.9M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $306K | $977K | $21.9M | $1 | — | View 990 |
| 2022 | $990K | $1.1M | $22.6M | $1 | — | — |
| 2021 | $1.8M | $938K | $22.8M | $1 | — | View 990 |
| 2020 | $1.1M | $770K | $21.9M | $1 | — | View 990 |
| 2019 | $710K | $971K | $21.6M | $1 | — | — |
| 2015 | $749K | $1.0M | $23.3M | $0 | — | View 990 |
| 2014 | $16.8M | $250K | $23.5M | $0 | — | View 990 |
| 2013 | $4.6M | $287K | $7.0M | $0 | — | View 990 |
| 2012 | $400K | $216K | $2.7M | $0 | — | View 990 |
| 2011 | $386K | $195K | $2.5M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $306K, expenses of $977K, and assets of $21.9M (revenue -69.1% year-over-year).
- 2022: Revenue of $990K, expenses of $1.1M, and assets of $22.6M (revenue -44.9% year-over-year).
- 2021: Revenue of $1.8M, expenses of $938K, and assets of $22.8M (revenue +62.1% year-over-year).
- 2020: Revenue of $1.1M, expenses of $770K, and assets of $21.9M (revenue +56.1% year-over-year).
- 2019: Revenue of $710K, expenses of $971K, and assets of $21.6M (revenue -5.2% year-over-year).
- 2015: Revenue of $749K, expenses of $1.0M, and assets of $23.3M (revenue -95.5% year-over-year).
- 2014: Revenue of $16.8M, expenses of $250K, and assets of $23.5M (revenue +264.4% year-over-year).
- 2013: Revenue of $4.6M, expenses of $287K, and assets of $7.0M (revenue +1050.1% year-over-year).
- 2012: Revenue of $400K, expenses of $216K, and assets of $2.7M (revenue +3.7% year-over-year).
- 2011: Revenue of $386K, expenses of $195K, and assets of $2.5M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Perry And Sandy Massie Foundation:
Data Sources and Methodology
This transparency report for Perry And Sandy Massie 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.