Puffin Foundation Ltd
Puffin Foundation Ltd shows strong asset growth and no reported officer compensation.
EIN: 133155489 · Teaneck, NJ · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Expenses | $3.8M |
| Program Spending | 85% |
| Net Assets | $17.0M |
| Transparency Score | 90/100 |
Is Puffin Foundation Ltd Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Puffin Foundation Ltd directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Puffin Foundation Ltd
Puffin Foundation Ltd (EIN: 133155489) is a nonprofit organization based in Teaneck, NJ. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Puffin Foundation Ltd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Puffin Foundation Ltd is a mid-size nonprofit, with 4 years of IRS 990 filings on record (2011–2014). Revenue has grown at a compound annual rate of 47.5%.
Key Financial Metrics (2014)
From the most recent IRS 990 filing on record:
| Total Revenue | $9.3M |
| Total Expenses | $3.8M |
| Surplus / Deficit | +$5.4M |
| Total Assets | $17.0M |
| Total Liabilities | $1 |
| Net Assets | $17.0M |
| Operating Margin | 58.6% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 53.1 months |
Financial Health Grade: A
In 2014, Puffin Foundation Ltd reported a surplus of $5.4M with revenue exceeding expenses, holds 53.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 4 years of filings (2011–2014), Puffin Foundation Ltd's revenue has grown at a compound annual growth rate (CAGR) of 47.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2014 | +127.1% | +22.2% | +47.8% |
| 2013 | +109.5% | +20.1% | -1.3% |
| 2012 | -32.5% | +20.5% | -2.5% |
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Puffin Foundation Ltd 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: 85%
- fundraising: 5%
According to IRS 990 filings, Puffin Foundation Ltd 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 (2014)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $5.4M, 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 salaries were paid to officers. This suggests a highly efficient use of funds, with resources likely directed entirely towards programmatic activities or asset growth, especially given the organization's multi-million dollar asset base.
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 Puffin Foundation Ltd:
- Consistent zero officer compensation, indicating high efficiency and transparency.
- Significant asset growth, particularly from $11,495,221 in 2013 to $16,987,364 in 2014, demonstrating strong financial management.
- Minimal liabilities across all reported periods (e.g., $1 in 2014), suggesting sound financial practices and low debt.
- Substantial revenue generation, such as $9,281,653 in 2014, far exceeding expenses and contributing to asset building.
Frequently Asked Questions about Puffin Foundation Ltd
Is Puffin Foundation Ltd a legitimate charity?
Puffin Foundation Ltd (EIN: 133155489) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 90/100. It has 4 years of IRS 990 filings on record. No red flags identified. 4 strengths noted. Financial health grade: A.
How does Puffin Foundation Ltd spend its money?
Puffin Foundation Ltd directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Puffin Foundation Ltd tax-deductible?
Puffin Foundation Ltd is registered as a tax-exempt nonprofit (EIN: 133155489). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Puffin Foundation Ltd's spending goes to programs?
Puffin Foundation Ltd directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Puffin Foundation Ltd located?
Puffin Foundation Ltd is headquartered in Teaneck, New Jersey and files with the IRS under EIN 133155489.
How many years of IRS 990 filings does Puffin Foundation Ltd have?
Puffin Foundation Ltd has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Is Puffin Foundation Ltd a good charity?
Based on the provided financial data, Puffin Foundation Ltd appears to be a well-managed organization. It consistently reports zero officer compensation, maintains substantial assets (e.g., $16,987,364 in 2014), and has minimal liabilities, all of which are positive indicators of financial health and efficiency.
How has Puffin Foundation Ltd's financial health changed over time?
The foundation's financial health has shown significant growth, particularly between 2013 and 2014, where revenue more than doubled from $4,087,710 to $9,281,653, and assets increased from $11,495,221 to $16,987,364. While revenue fluctuated in earlier years, assets have remained consistently high, indicating long-term stability.
What is Puffin Foundation Ltd's approach to executive compensation?
Puffin Foundation Ltd consistently reports 0% officer compensation across all available filings (2011-2014). This indicates a strong commitment to directing funds away from executive salaries and towards its mission or asset building.
Filing History
IRS 990 filing history for Puffin Foundation Ltd showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2011–2014), Puffin Foundation Ltd's revenue has grown by 221.1%, moving from $2.9M to $9.3M. Total assets increased by 42.2% over the same period, from $11.9M to $17.0M. Total functional expenses rose by 76.9%, from $2.2M to $3.8M. In its most recent filing year (2014), Puffin Foundation Ltd reported a surplus of $5.4M, with revenue exceeding expenses. The organization holds $1 in liabilities against $17.0M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $17.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2014 | $9.3M | $3.8M | $17.0M | $1 | — | View 990 |
| 2013 | $4.1M | $3.1M | $11.5M | $174 | — | View 990 |
| 2012 | $2.0M | $2.6M | $11.7M | $1K | — | View 990 |
| 2011 | $2.9M | $2.2M | $11.9M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2014: Revenue of $9.3M, expenses of $3.8M, and assets of $17.0M (revenue +127.1% year-over-year).
- 2013: Revenue of $4.1M, expenses of $3.1M, and assets of $11.5M (revenue +109.5% year-over-year).
- 2012: Revenue of $2.0M, expenses of $2.6M, and assets of $11.7M (revenue -32.5% year-over-year).
- 2011: Revenue of $2.9M, expenses of $2.2M, and assets of $11.9M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Puffin Foundation Ltd:
Data Sources and Methodology
This transparency report for Puffin Foundation Ltd 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.