The Peter Savitz Foundation
The Peter Savitz Foundation shows declining assets and highly volatile financial performance over the past decade.
EIN: 133748074 · Greenwich, CT · Updated: 2026-03-28
Is The Peter Savitz Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Peter Savitz Foundation directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Peter Savitz Foundation
The Peter Savitz Foundation (EIN: 133748074) is a nonprofit organization based in Greenwich, CT. The organization reported total revenue of $4.9M and total assets of $2.9M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Peter Savitz Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Peter Savitz Foundation is a mid-size nonprofit that has been operating for 32 years, with 11 years of IRS 990 filings on record (2011–2024).
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $146K |
| Total Expenses | $19K |
| Surplus / Deficit | +$127K |
| Total Assets | $2.8M |
| Total Liabilities | $1 |
| Net Assets | $2.8M |
| Operating Margin | 86.8% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 1772.1 months |
Financial Health Grade: A
In 2024, The Peter Savitz Foundation reported a surplus of $127K with revenue exceeding expenses, holds 1772.1 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | -30.8% | -77.7% | +4.8% |
| 2023 | +4525.4% | -92.1% | +4.9% |
| 2021 | -490.6% | -12.6% | -8.8% |
| 2020 | -53.5% | -28.8% | -4.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1994 |
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 The Peter Savitz Foundation with a Mission Score of 65 out of 100 (Good). 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, The Peter Savitz 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $127K, 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 officers are either unpaid volunteers or receive no reportable compensation, which is highly efficient for a foundation of its size.
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 The Peter Savitz Foundation's IRS 990 filings:
- Significant and consistent decline in total assets over the past decade (from $4.8M to $2.8M).
- Highly volatile revenue figures, including a negative revenue of $-200,516 in 202105.
- Periods of extremely high expenses relative to revenue, such as $1,097,282 in expenses against $4,569 in revenue in 202205.
- Unknown NTEE code, making it difficult to understand the organization's specific purpose and impact.
Strengths
The following positive indicators were identified for The Peter Savitz Foundation:
- Consistent reporting of 0% officer compensation, indicating high efficiency in leadership costs.
- Regular filing of IRS Form 990s, demonstrating transparency in financial reporting.
- Low liabilities reported across all periods, often $0 or $1, suggesting strong financial solvency regarding debt.
Frequently Asked Questions about The Peter Savitz Foundation
Is The Peter Savitz Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, The Peter Savitz Foundation (EIN: 133748074) some concerns. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
How does The Peter Savitz Foundation spend its money?
The Peter Savitz Foundation directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to The Peter Savitz Foundation tax-deductible?
The Peter Savitz Foundation is registered as a tax-exempt nonprofit (EIN: 133748074). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What is the primary mission or program activity of The Peter Savitz Foundation?
The NTEE code is unknown, and the financial data alone does not specify the nature of its programmatic activities, making it difficult to assess mission alignment.
Why have the organization's assets declined significantly from $4.8M in 2012 to $2.8M in 2024?
The consistent decline in assets suggests either significant spending from its endowment or poor investment performance, which warrants further investigation.
What caused the negative revenue of $-200,516 in the 202105 period?
Negative revenue is unusual and could indicate significant investment losses or returns of contributions, requiring clarification for a full financial understanding.
How does the organization sustain operations with such fluctuating revenue and occasional high expenses?
The financial data shows periods of high expenses relative to revenue (e.g., 202205), suggesting reliance on prior year surpluses or asset drawdowns to cover costs.
Filing History
IRS 990 filing history for The Peter Savitz Foundation showing financial trends over 11 years of public records:
Total assets decreased by 40.9% over the same period, from $4.8M to $2.8M. Total functional expenses fell by 92.5%, from $256K to $19K. In its most recent filing year (2024), The Peter Savitz Foundation reported a surplus of $127K, with revenue exceeding expenses. The organization holds $1 in liabilities against $2.8M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.8M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $146K | $19K | $2.8M | $1 | — | View 990 |
| 2023 | $211K | $86K | $2.7M | $1 | — | View 990 |
| 2022 | $5K | $1.1M | $2.6M | $1 | — | View 990 |
| 2021 | $-200,516 | $152K | $3.7M | $1 | — | — |
| 2020 | $51K | $174K | $4.1M | $0 | — | View 990 |
| 2016 | $110K | $245K | $4.3M | $0 | — | View 990 |
| 2015 | $244K | $249K | $4.4M | $0 | — | View 990 |
| 2014 | $59K | $312K | $4.4M | $0 | — | View 990 |
| 2013 | $94K | $321K | $4.7M | $0 | — | View 990 |
| 2012 | $352K | $275K | $4.9M | $0 | — | View 990 |
| 2011 | $-29,133 | $256K | $4.8M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $146K, expenses of $19K, and assets of $2.8M (revenue -30.8% year-over-year).
- 2023: Revenue of $211K, expenses of $86K, and assets of $2.7M (revenue +4525.4% year-over-year).
- 2022: Revenue of $5K, expenses of $1.1M, and assets of $2.6M.
- 2021: Revenue of $-200,516, expenses of $152K, and assets of $3.7M (revenue -490.6% year-over-year).
- 2020: Revenue of $51K, expenses of $174K, and assets of $4.1M (revenue -53.5% year-over-year).
- 2016: Revenue of $110K, expenses of $245K, and assets of $4.3M (revenue -54.8% year-over-year).
- 2015: Revenue of $244K, expenses of $249K, and assets of $4.4M (revenue +315.1% year-over-year).
- 2014: Revenue of $59K, expenses of $312K, and assets of $4.4M (revenue -37.3% year-over-year).
- 2013: Revenue of $94K, expenses of $321K, and assets of $4.7M (revenue -73.4% year-over-year).
- 2012: Revenue of $352K, expenses of $275K, and assets of $4.9M.
- 2011: Revenue of $-29,133, expenses of $256K, and assets of $4.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Peter Savitz Foundation:
Data Sources and Methodology
This transparency report for The Peter Savitz 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.