Is Community Land Trust Of Palm Beach County Legit?
Quick charity verification for Community Land Trust Of Palm Beach County (EIN: 205090958)
Verdict: Community Land Trust Of Palm Beach County appears trustworthy
75/100Mission Score
$1.4MRevenue
$9.4MAssets
2Red Flags
3Strengths
Red Flags
Consistent operating deficits (expenses exceeding revenue in most recent years, e.g., $871,895 expenses vs. $470,845 revenue in 2023).
Liabilities frequently exceed assets (e.g., $9,551,981 liabilities vs. $8,684,877 assets in 2023), indicating a potentially high debt burden relative to equity.
Strengths
Substantial asset base ($9,358,473 latest assets), indicating significant resources dedicated to its mission.
Consistent reporting of 0% officer compensation, suggesting a strong commitment to minimizing executive overhead or a volunteer-driven leadership.
Long filing history (13 filings), indicating consistent compliance and operational longevity.
Spending Breakdown
How Community Land Trust Of Palm Beach County allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
Fundraising
Within typical range
How to read this: Well-run charities typically spend 75% or more on programs, keep admin under 25%, and fundraising under 15%. A high program ratio means more of every dollar goes directly to the mission.
How to Interpret This Report
What Red Flags Mean
Red flags are potential warning signs identified by AI analysis of IRS 990 filings. They may indicate issues like declining revenue, high executive pay relative to program spending, lack of transparency, or governance concerns. A single red flag does not necessarily mean an organization is untrustworthy, but multiple flags warrant further investigation before donating.
What Mission Score Measures
The Mission Score (0-100) evaluates how effectively a nonprofit fulfills its stated purpose. It combines multiple factors: program spending efficiency (how much goes to programs vs. overhead), financial health and sustainability, governance quality, transparency in reporting, and consistency of operations over time. A score of 70+ indicates strong alignment with the organization’s mission.
Using This Data for Donation Decisions
Use this report as one input in your decision. Look at the overall Mission Score for a quick assessment, review red flags and strengths for specific concerns, check the spending breakdown to see where money goes, and compare executive compensation to the organization’s size. Consider viewing the full transparency report for deeper analysis, and always verify tax-exempt status with the IRS before making large donations.
Frequently Asked Questions about Community Land Trust Of Palm Beach County
Is Community Land Trust Of Palm Beach County a legitimate charity?
Based on AI analysis of IRS 990 filings, Community Land Trust Of Palm Beach County (EIN: 205090958) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Community Land Trust Of Palm Beach County a good charity to donate to?
Community Land Trust Of Palm Beach County has a Mission Score of 75/100. Revenue: $1.4M. Assets: $9.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Community Land Trust Of Palm Beach County?
The Employer Identification Number (EIN) for Community Land Trust Of Palm Beach County is 205090958. This is the unique tax ID assigned by the IRS.
What is a Mission Score?
The Mission Score is a 0-100 rating that measures how effectively a nonprofit fulfills its stated mission. It factors in program spending efficiency, financial transparency, governance practices, and outcome reporting. Scores above 70 indicate strong mission alignment, 40-69 suggest mixed performance, and below 40 signals potential concerns.
How does Community Land Trust Of Palm Beach County spend its money?
Community Land Trust Of Palm Beach County allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Community Land Trust Of Palm Beach County's tax-exempt status?
You can verify Community Land Trust Of Palm Beach County's tax-exempt status using EIN 205090958 on the IRS Tax Exempt Organization Search (TEOS) at apps.irs.gov/app/eos. You can also request copies of their Form 990 directly from the organization, as they are required by law to provide them upon request.
AI Transparency Report
The Community Land Trust Of Palm Beach County demonstrates a consistent commitment to its mission, as evidenced by its NTEE code L20 (Housing, Shelter) and the nature of its assets, which likely include land and properties. The organization has maintained substantial assets, peaking at over $12 million in 2017-2018, and currently stands at $9,358,473. However, a notable trend is that expenses have frequently exceeded revenue in recent years, leading to operating deficits. For instance, in 2023, expenses were $871,895 against revenues of $470,845, and in 2022, expenses were $1,042,573 against revenues of $941,353. This consistent deficit spending, while not immediately critical given the asset base, warrants closer examination to ensure long-term financial sustainability. The organization reports 0% officer compensation across all available filings, which indicates a high level of transparency regarding executive pay and potentially a volunteer-driven leadership structure, or that compensation is reported under other expense categories, which would require further investigation.