Ely J Perry Foundation

Overview

Mission

Review Ely J Perry Foundation’s Key Signals, filed financials, transparency, leadership and compensation, and counterparties for nonprofit due diligence.

What it reported funding in 2023

The foundation reported 46 grants totaling $249,339. The stated grant purpose was annual giving.

Operating model

Revenue model
Donor-supported. 100% of the foundation's positive operating resources came from contributions.
Distribution model
Grant intermediary. The foundation distributed 100% of its reported charitable disbursements as grants.
  • Includes asset-sale income: Asset-sale income is shown separately from recurring resources when classifying the revenue model.

Nonprofit profile at a glance

EIN
237076030
IRS 990-PF coverage
2011–2023
Forms available
Form 990-PF 2023
Headquarters
Kinston, NC, USA
Rating
90
Verdict
STRONG
Rating confidence
Standard

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The verdict

STRONG - A large share of available resources goes to charitable grants and the filing identifies who received its grants. Assets provide a limited cushion relative to annual grants and the filing reports one or more activities that warrant closer review.

Rating breakdown

  • Grant Deployment: 100
  • Cost Efficiency: 99
  • Transparency: 100
  • Compliance: 98
  • Endowment Health: 3

Detailed rating inputs

Grant Deployment

  • Grant deployment ratio: 100%; rating input score 100; 97th percentile among comparable filings

Cost Efficiency

  • Grant expense ratio: 99.4%; rating input score 99; 94th percentile among comparable filings

Transparency

  • Grant recipient disclosure: Yes; rating input score 100

Compliance

  • Part VII-B activity disclosures: 18 of 19 controls in place; rating input score 95
  • Filing consistency checks: 9; rating input score 100

Endowment Health

  • Endowment-health comparison: 0.55; rating input score 3; 3rd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Grants: 100% of grant recipient detail disclosed
  • Payout: 100% grant deployment rate
  • Trustees: Filed trustees detail
  • Self-dealing: 100% of reviewed questions answered “No”
  • Investments: 3th percentile for endowment coverage
  • Consistency: 9 of 9 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 13 annual filings from 2011 to 2023
  • Money network: 46 filed money-flow records