Pearce Foundation
Legal name: Pearce Foundation Inc
Nonprofit profile at a glance
- EIN
- 371343092
- IRS 990 coverage
- 2011–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025
- Location
- Chillicothe, IL, United States
- Phone
- 309-274-4209
- Rating
- 61
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Religion Related N.E.C.
- Affiliation
- Religious (unspecified)
Reported finances
- Revenue
- $164,351
- Expenses
- $24,275
- Assets
- $2,964,648
- Liabilities
- $615,562
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- JEREMY CONRAD (President)
Highest reported compensation
- CARIE MCINTYRE (Director): $82,031 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To attract financial resources for the purpose of providing long-term financial security to Pearce Community Center. Pearce Community Center serves Chillicothe in a greater variety of ways than any organization or institution in this town’s history. This is where our community gathers to socialize, recreate, exercise, and volunteer. Pearce attained this status through a groundswell of community support beginning in 1989. “This community center can be as good as the community wants it to be” as simply stated by Barb Truitt, a significant benefactor of Pearce Community Center, was simply to the heart of the matter. Her commitment was based on several factors, but none more important than the Chillicothe community. There were a few concerns about the stability of the old Pearce Grade School that were expresse.
What it reported doing in 2025
Contributions to Pearce Community Center, Inc. EIN # 37-1252061
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 91% of its reported program spending out as grants.
The verdict
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 29
- Transparency & Controls: 93
- Accountability: 74
- Sustainability: 80
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 6.6%; rating input score 7
- Program expense ratio: 74.6%; rating input score 75
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 81st percentile among comparable filings
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 85.7%; rating input score 86; 25th percentile among comparable filings
- Governance controls: 4 of 7 controls in place; rating input score 57
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Pass
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 85.2%; rating input score 98; 98th percentile among comparable filings
- Total-asset coverage ratio: 122.13; rating input score 99; 99th percentile among comparable filings
- Liabilities to assets ratio: 0.21; rating input score 16; 16th percentile among comparable filings
- Officer compensation ratio: 9.8%; rating input score 27; 27th percentile among comparable filings
Growth
- Program expense growth: -16.5% per year; rating input score 0; 7th percentile among comparable filings
- Revenue growth: 4.3% per year; rating input score 100; 43rd percentile among comparable filings
- Asset growth: 3.9% per year; rating input score 100; 39th percentile among comparable filings
Details
- What they do: 1 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 6.6% of revenue deployed · 74.6% of spending went to programs
- Governance: 6 of 7 board members independent · 4 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $18K in reported program spending
- Leadership: top reported pay $82K · 7 people listed
- Consistency: 18 of 18 current checks pass
- Schedules: 6 filed schedules · includes grants
- Filing history: 12 filing years from 2011 to 2025
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Financial Efficiency: Mission deployment rate scored 7/100.
- Review — Accountability: Governance controls: 3 of 7 not reported.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 16/100.
- High — Sustainability: Officer compensation ratio scored 27/100.