The Mitchell Petersen Family Foundation
Nonprofit profile at a glance
- EIN
- 526942243
- IRS 990-PF coverage
- 2010–2018
- Forms available
- Form 990-PF 2018
- Location
- Shady Side, MD, USA
- Phone
- 4435103807
- Rating
- 60
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Single Organization Support
Reported finances
- Revenue
- $92,067
- Expenses
- $1,336,417
Source: IRS Form 990-PF. Selected filing: tax year 2018. Amounts in USD.
Overview
Mission
Single Organization Support
What it reported funding in 2018
The foundation reported 11 grants totaling $1,303,386. The stated grant purposes included to support operations and fundraising, to help bring youth and communities together to meet chesapeake bay environmental needs, and to help fund working with land owners and other partners to preserve natural and scenic areas in anne arundel county, plus 8 other reported purposes.
Operating model
- Revenue model
- Investment-supported. 100% of the foundation's positive operating resources came from recurring investment income.
- 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.
The verdict
SUPPORTED - The filing identifies who received its grants and the filed numbers largely add up. 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: NotEnoughData
- Cost Efficiency: 98
- Transparency: 100
- Compliance: 98
- Endowment Health: 5
Detailed rating inputs
Grant Deployment
- Grant deployment ratio: Limited
Cost Efficiency
- Grant expense ratio: 97.5%; rating input score 98; 80th 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
- Property sale or exchange with a disqualified person: Pass
- Borrowing from or lending to a disqualified person: Pass
- Goods, services, or facilities involving a disqualified person: Pass
- Compensation paid to a disqualified person: Fail
- Assets transferred to a disqualified person: Pass
- Payment to a government official: Pass
- Uncorrected prior self-dealing: Pass
- Prior-year undistributed income: Pass
- Excess business holdings: Pass
- Investments that may jeopardize charitable purposes: Pass
- Uncorrected prior-year jeopardizing investments: Pass
- Attempt to influence legislation: Pass
- Attempt to influence an election: Pass
- Grants to individuals: Pass
- Grants to organizations: Pass
- Spending for a noncharitable purpose: Pass
- Funds received for a personal-benefit contract: Pass
- Premiums paid on a personal-benefit contract: Pass
- Prohibited tax-shelter transaction: Pass
- Filing consistency checks: 7; rating input score 100
Endowment Health
- Endowment-health comparison: 0; rating input score 5; 5th 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
- Trustees: Filed trustees detail
- Self-dealing: 100% of reviewed questions answered “No”
- Investments: 5th percentile for endowment coverage
- Consistency: 7 of 7 current checks pass
- Filing history: 6 filing years from 2010 to 2018
- Contacts: How to reach this organization
- Money network: 12 filed money-flow records
- 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 — Endowment Health: Endowment-health comparison scored 5/100.
- Review — Compliance: Part VII-B activity disclosures: Compensation paid to a disqualified person not reported.