Peter And Eaddo Kiernan Foundation
Peter And Eaddo Kiernan Foundation consistently reports zero officer compensation amidst fluctuating revenues and minimal liabilities.
EIN: 133637705 · Lantana, FL · Updated: 2026-03-28
Is Peter And Eaddo Kiernan Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Peter And Eaddo Kiernan Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Peter And Eaddo Kiernan Foundation
Peter And Eaddo Kiernan Foundation (EIN: 133637705) is a nonprofit organization based in Lantana, FL. The organization reported total revenue of $2.4M and total assets of $68K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Peter And Eaddo Kiernan Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Peter And Eaddo Kiernan Foundation is a mid-size nonprofit that has been operating for 34 years, with 10 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -7.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $547K |
| Total Expenses | $352K |
| Surplus / Deficit | +$196K |
| Total Assets | $62K |
| Total Liabilities | $1 |
| Net Assets | $62K |
| Operating Margin | 35.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 2.1 months |
Financial Health Grade: A
In 2023, Peter And Eaddo Kiernan Foundation reported a surplus of $196K with revenue exceeding expenses, holds 2.1 months of operating reserves (limited), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 10 years of filings (2011–2023), Peter And Eaddo Kiernan Foundation's revenue has declined at a compound annual growth rate (CAGR) of -7.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -52.6% | -38.9% | -6.7% |
| 2022 | +106.0% | +52.6% | +56.1% |
| 2021 | -55.9% | -39.7% | -66.3% |
| 2020 | -6.7% | -24.6% | +256.7% |
| 2019 | +5.9% | -17.9% | +1632.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1992 |
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 Peter And Eaddo Kiernan 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: 85%
- fundraising: 5%
According to IRS 990 filings, Peter And Eaddo Kiernan Foundation allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% 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 $196K, 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 officers receive salaries from the foundation, which is highly favorable for donor perception and resource allocation.
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 Peter And Eaddo Kiernan Foundation's IRS 990 filings:
- NTEE Code is unknown, hindering clear understanding of mission and programmatic focus.
Strengths
The following positive indicators were identified for Peter And Eaddo Kiernan Foundation:
- Consistent reporting of 0% officer compensation across all filings.
- History of consistent IRS 990 filings over 10 periods, indicating good transparency.
- Minimal liabilities reported consistently ($0 or $1), suggesting sound financial management.
- Expenses generally lower than revenues in most periods, indicating financial stability.
Frequently Asked Questions about Peter And Eaddo Kiernan Foundation
Is Peter And Eaddo Kiernan Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Peter And Eaddo Kiernan Foundation (EIN: 133637705) some concerns. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
How does Peter And Eaddo Kiernan Foundation spend its money?
Peter And Eaddo Kiernan Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Peter And Eaddo Kiernan Foundation tax-deductible?
Peter And Eaddo Kiernan Foundation is registered as a tax-exempt nonprofit (EIN: 133637705). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Peter And Eaddo Kiernan Foundation a good charity?
Based on the available data, the foundation appears to be well-managed financially, consistently reporting zero officer compensation and minimal liabilities. Its consistent filing of IRS 990s over a decade also indicates good transparency. However, without a detailed breakdown of program spending and an NTEE code, it's difficult to fully assess its programmatic impact and specific mission alignment.
What is the foundation's primary focus?
The provided data does not include an NTEE code or specific program details, making it impossible to determine the foundation's primary focus or mission areas from these filings alone.
How does the foundation manage its assets?
The foundation maintains relatively low assets compared to its annual revenue, suggesting it operates more as a pass-through entity, distributing funds rather than accumulating a large endowment. Assets have fluctuated, for example, from $126,892 in 2020 to $62,323 in 2023.
Filing History
IRS 990 filing history for Peter And Eaddo Kiernan Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Peter And Eaddo Kiernan Foundation's revenue has declined by 60.7%, moving from $1.4M to $547K. Total assets decreased by 57.9% over the same period, from $148K to $62K. Total functional expenses fell by 67.4%, from $1.1M to $352K. In its most recent filing year (2023), Peter And Eaddo Kiernan Foundation reported a surplus of $196K, with revenue exceeding expenses. The organization holds $1 in liabilities against $62K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $62K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $547K | $352K | $62K | $1 | — | View 990 |
| 2022 | $1.2M | $576K | $67K | $1 | — | View 990 |
| 2021 | $561K | $377K | $43K | $1 | — | View 990 |
| 2020 | $1.3M | $625K | $127K | $1 | — | View 990 |
| 2019 | $1.4M | $829K | $36K | $0 | — | View 990 |
| 2015 | $1.3M | $1.0M | $2K | $0 | — | View 990 |
| 2014 | $517K | $338K | $207K | $0 | — | View 990 |
| 2013 | $669K | $447K | $188K | $0 | — | View 990 |
| 2012 | $303K | $326K | $93K | $0 | — | View 990 |
| 2011 | $1.4M | $1.1M | $148K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $547K, expenses of $352K, and assets of $62K (revenue -52.6% year-over-year).
- 2022: Revenue of $1.2M, expenses of $576K, and assets of $67K (revenue +106.0% year-over-year).
- 2021: Revenue of $561K, expenses of $377K, and assets of $43K (revenue -55.9% year-over-year).
- 2020: Revenue of $1.3M, expenses of $625K, and assets of $127K (revenue -6.7% year-over-year).
- 2019: Revenue of $1.4M, expenses of $829K, and assets of $36K (revenue +5.9% year-over-year).
- 2015: Revenue of $1.3M, expenses of $1.0M, and assets of $2K (revenue +149.2% year-over-year).
- 2014: Revenue of $517K, expenses of $338K, and assets of $207K (revenue -22.6% year-over-year).
- 2013: Revenue of $669K, expenses of $447K, and assets of $188K (revenue +121.0% year-over-year).
- 2012: Revenue of $303K, expenses of $326K, and assets of $93K (revenue -78.3% year-over-year).
- 2011: Revenue of $1.4M, expenses of $1.1M, and assets of $148K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Peter And Eaddo Kiernan Foundation:
Data Sources and Methodology
This transparency report for Peter And Eaddo Kiernan 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.