Scully Peretsman Foundation
Scully Peretsman Foundation maintains robust assets and low operational costs, consistently reporting zero officer compensation.
EIN: 133982344 · Surfside, FL · NTEE: T20Z · Updated: 2026-03-28
About Scully Peretsman Foundation
Scully Peretsman Foundation (EIN: 133982344) is a nonprofit organization based in Surfside, FL, classified under NTEE code T20Z. The organization reported total revenue of $20.8M and total assets of $42.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Scully Peretsman Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Scully Peretsman Foundation with a Mission Score of 95 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: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Scully Peretsman Foundation allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is consistently reported as 0% across all filings, indicating that no salaries are paid to officers, which is highly favorable for a foundation of its size with assets exceeding $42 million.
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 Scully Peretsman Foundation:
- Consistently reports 0% officer compensation, indicating high efficiency and mission focus.
- Significant and growing asset base, reaching $45,643,719 in the latest filing.
- Very low liabilities, consistently reported as $1 or $0, demonstrating strong financial health.
- Low expense ratio relative to revenue, suggesting efficient use of funds for its grantmaking activities.
- Consistent filing history over 10 periods, indicating good transparency and compliance.
Frequently Asked Questions about Scully Peretsman Foundation
Is Scully Peretsman Foundation a good charity?
Based on its financial data, the Scully Peretsman Foundation appears to be a very good charity. It has substantial assets, very low operational expenses relative to its revenue, and consistently reports 0% officer compensation, indicating a strong commitment to its mission and efficient use of funds.
How does the foundation manage its expenses?
The foundation manages its expenses very efficiently. For example, in 202312, expenses were $3,029,008 against revenue of $19,705,184, meaning a large portion of its revenue is either retained or directly allocated to grants and programs, rather than being consumed by administrative overhead.
What is the trend in the foundation's assets?
The foundation shows a strong upward trend in assets, growing from $7,891,833 in 201112 to $45,643,719 in 202312, indicating excellent financial stewardship and growth.
Filing History
IRS 990 filing history for Scully Peretsman Foundation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), Scully Peretsman Foundation's revenue has grown by 4392.8%, moving from $439K to $19.7M. Total assets increased by 478.4% over the same period, from $7.9M to $45.6M. Total functional expenses fell by 34.5%, from $4.6M to $3.0M. In its most recent filing year (2023), Scully Peretsman Foundation reported a surplus of $16.7M, with revenue exceeding expenses. The organization holds $1 in liabilities against $45.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $45.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $19.7M | $3.0M | $45.6M | $1 | — | — |
| 2022 | $802K | $9.8M | $32.6M | $1 | — | View 990 |
| 2021 | $16.2M | $2.4M | $34.8M | $1 | — | View 990 |
| 2020 | $15.6M | $3.3M | $28.7M | $1 | — | View 990 |
| 2019 | $5.0M | $3.4M | $16.4M | $1 | — | View 990 |
| 2015 | $363K | $3.3M | $16.3M | $0 | — | View 990 |
| 2014 | $413K | $3.2M | $19.3M | $0 | — | View 990 |
| 2013 | $7.2M | $5.8M | $22.0M | $0 | — | View 990 |
| 2012 | $9.4M | $2.6M | $16.5M | $0 | — | View 990 |
| 2011 | $439K | $4.6M | $7.9M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $19.7M, expenses of $3.0M, and assets of $45.6M (revenue +2356.1% year-over-year).
- 2022: Revenue of $802K, expenses of $9.8M, and assets of $32.6M (revenue -95.1% year-over-year).
- 2021: Revenue of $16.2M, expenses of $2.4M, and assets of $34.8M (revenue +3.7% year-over-year).
- 2020: Revenue of $15.6M, expenses of $3.3M, and assets of $28.7M (revenue +212.0% year-over-year).
- 2019: Revenue of $5.0M, expenses of $3.4M, and assets of $16.4M (revenue +1282.3% year-over-year).
- 2015: Revenue of $363K, expenses of $3.3M, and assets of $16.3M (revenue -12.1% year-over-year).
- 2014: Revenue of $413K, expenses of $3.2M, and assets of $19.3M (revenue -94.3% year-over-year).
- 2013: Revenue of $7.2M, expenses of $5.8M, and assets of $22.0M (revenue -23.2% year-over-year).
- 2012: Revenue of $9.4M, expenses of $2.6M, and assets of $16.5M (revenue +2049.7% year-over-year).
- 2011: Revenue of $439K, expenses of $4.6M, and assets of $7.9M.
Data Sources and Methodology
This transparency report for Scully Peretsman 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.