The Peternell Family Foudation
Peternell Family Foundation consistently spends more than it earns, drawing down on its substantial assets.
EIN: 203864384 · Wilmington, DE · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.0M |
| Total Expenses | $191K |
| Program Spending | 80% |
| Net Assets | $2.6M |
| Transparency Score | 70/100 |
Is The Peternell Family Foudation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Peternell Family Foudation directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About The Peternell Family Foudation
The Peternell Family Foudation (EIN: 203864384) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22. The organization reported total revenue of $2.0M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Peternell Family Foudation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Peternell Family Foudation 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 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $105K |
| Total Expenses | $191K |
| Surplus / Deficit | $-86,295 |
| Total Assets | $2.6M |
| Total Liabilities | $1 |
| Net Assets | $2.6M |
| Operating Margin | -82.4% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 165.7 months |
Financial Health Grade: B
In 2023, The Peternell Family Foudation reported a deficit of $86K with expenses exceeding revenue, holds 165.7 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), The Peternell Family Foudation's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -27.4% | -4.2% | -3.2% |
| 2022 | -18.9% | +14.4% | -1.5% |
| 2021 | +64.1% | +5.1% | +0.1% |
| 2020 | +98.4% | +3.8% | -2.0% |
| 2019 | +3.4% | -1.5% | +3.5% |
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 The Peternell Family Foudation with a Mission Score of 70 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, The Peternell Family Foudation allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $86K, 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 officers are either unpaid or compensated through non-reportable means, which is a positive sign for resource allocation to the organization's mission given its asset 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 Peternell Family Foudation's IRS 990 filings:
- Consistent deficit spending in recent years (e.g., 2023 expenses $191,068 vs. revenue $104,773)
- Significant fluctuation in annual revenue, making financial planning potentially challenging
Strengths
The following positive indicators were identified for The Peternell Family Foudation:
- Substantial asset base ($2,637,743 in 2023) providing financial stability despite deficits
- Consistently reported 0% officer compensation, indicating efficient use of funds for mission
- Extremely low liabilities ($1 across all periods), demonstrating strong financial management of debt
- Consistent IRS 990 filing history, indicating good transparency and compliance
Frequently Asked Questions about The Peternell Family Foudation
Is The Peternell Family Foudation a legitimate charity?
The Peternell Family Foudation (EIN: 203864384) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 70/100. It has 10 years of IRS 990 filings on record. Total revenue: $2.0M. 2 red flags identified. 4 strengths noted. Financial health grade: B.
How does The Peternell Family Foudation spend its money?
The Peternell Family Foudation directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to The Peternell Family Foudation tax-deductible?
The Peternell Family Foudation is registered as a tax-exempt nonprofit (EIN: 203864384). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Peternell Family Foudation's spending goes to programs?
The Peternell Family Foudation directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does The Peternell Family Foudation compare to similar nonprofits?
With a transparency score of 70/100 (Good), The Peternell Family Foudation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Peternell Family Foudation located?
The Peternell Family Foudation is headquartered in Wilmington, Delaware and files with the IRS under EIN 203864384. It is classified under NTEE code T22.
How many years of IRS 990 filings does The Peternell Family Foudation have?
The Peternell Family Foudation has 10 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.0M in total revenue.
Is The Peternell Family Foundation financially sustainable given its recent spending patterns?
The foundation has consistently spent more than its revenue in recent years (e.g., $191,068 expenses vs. $104,773 revenue in 2023), indicating it is drawing down on its assets. While it has substantial assets ($2,637,743 in 2023), this trend, if continued, raises questions about long-term financial sustainability.
What is the primary source of the foundation's revenue?
The provided data shows fluctuating revenue, with a significant spike in 2013 ($1,162,020) but much lower figures in other years (e.g., $104,773 in 2023). Without detailed 990 schedules, the specific sources (e.g., investments, contributions) are not clear from this summary.
How does the foundation manage its liabilities?
The foundation consistently reports liabilities of $1 across all available filing periods, indicating an extremely low debt burden and a very strong balance sheet in terms of financial obligations.
What is the impact of the 0% officer compensation on the foundation's operations?
The consistent 0% officer compensation suggests that leadership is either unpaid or compensated outside of standard officer compensation reporting, which generally allows more of the foundation's resources to be directed towards its programmatic activities rather than executive salaries.
Filing History
IRS 990 filing history for The Peternell Family Foudation showing financial trends over 10 years of public records:
Over 10 years of IRS 990 filings (2011–2023), The Peternell Family Foudation's revenue has grown by 67.3%, moving from $63K to $105K. Total assets increased by 63.6% over the same period, from $1.6M to $2.6M. Total functional expenses rose by 85.2%, from $103K to $191K. In its most recent filing year (2023), The Peternell Family Foudation reported a deficit of $86K, with expenses exceeding revenue. The organization holds $1 in liabilities against $2.6M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $2.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $105K | $191K | $2.6M | $1 | — | — |
| 2022 | $144K | $199K | $2.7M | $1 | — | View 990 |
| 2021 | $178K | $174K | $2.8M | $1 | — | — |
| 2020 | $108K | $166K | $2.8M | $1 | — | — |
| 2019 | $55K | $160K | $2.8M | $1 | — | View 990 |
| 2015 | $53K | $162K | $2.7M | $1 | — | View 990 |
| 2014 | $238K | $113K | $2.8M | $1 | — | View 990 |
| 2013 | $1.2M | $100K | $2.7M | $1 | — | View 990 |
| 2012 | $139K | $102K | $1.6M | $1 | — | View 990 |
| 2011 | $63K | $103K | $1.6M | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $105K, expenses of $191K, and assets of $2.6M (revenue -27.4% year-over-year).
- 2022: Revenue of $144K, expenses of $199K, and assets of $2.7M (revenue -18.9% year-over-year).
- 2021: Revenue of $178K, expenses of $174K, and assets of $2.8M (revenue +64.1% year-over-year).
- 2020: Revenue of $108K, expenses of $166K, and assets of $2.8M (revenue +98.4% year-over-year).
- 2019: Revenue of $55K, expenses of $160K, and assets of $2.8M (revenue +3.4% year-over-year).
- 2015: Revenue of $53K, expenses of $162K, and assets of $2.7M (revenue -77.8% year-over-year).
- 2014: Revenue of $238K, expenses of $113K, and assets of $2.8M (revenue -79.5% year-over-year).
- 2013: Revenue of $1.2M, expenses of $100K, and assets of $2.7M (revenue +738.6% year-over-year).
- 2012: Revenue of $139K, expenses of $102K, and assets of $1.6M (revenue +121.2% year-over-year).
- 2011: Revenue of $63K, expenses of $103K, and assets of $1.6M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Peternell Family Foudation:
Data Sources and Methodology
This transparency report for The Peternell Family Foudation 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.