Is Edward R And Ruby J@Lea Charitable Trust A Legit?
Quick charity verification for Edward R And Ruby J@Lea Charitable Trust A (EIN: 206862913)
Verdict: Edward R And Ruby J@Lea Charitable Trust A appears trustworthy
80/100Mission Score
$190KRevenue
$377KAssets
1Red Flags
3Strengths
Red Flags
Fluctuating revenue and expenses, with some years showing negative revenue or expenses exceeding revenue significantly (e.g., 2019 revenue of $-691 vs. expenses of $42,201).
Strengths
Consistent 0% officer compensation, indicating efficient use of funds at the leadership level.
Stable asset base over the long term, providing a foundation for continued grantmaking.
Consistent IRS 990 filing history, demonstrating transparency and compliance.
Spending Breakdown
How Edward R And Ruby J@Lea Charitable Trust A allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
0%
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 Edward R And Ruby J@Lea Charitable Trust A
Is Edward R And Ruby J@Lea Charitable Trust A a legitimate charity?
Based on AI analysis of IRS 990 filings, Edward R And Ruby J@Lea Charitable Trust A (EIN: 206862913) appears trustworthy. Mission Score: 80/100. 1 red flag identified, 3 strengths noted.
Is Edward R And Ruby J@Lea Charitable Trust A a good charity to donate to?
Edward R And Ruby J@Lea Charitable Trust A has a Mission Score of 80/100. Revenue: $190K. Assets: $377K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Edward R And Ruby J@Lea Charitable Trust A?
The Employer Identification Number (EIN) for Edward R And Ruby J@Lea Charitable Trust A is 206862913. 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 Edward R And Ruby J@Lea Charitable Trust A spend its money?
Edward R And Ruby J@Lea Charitable Trust A allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Edward R And Ruby J@Lea Charitable Trust A's tax-exempt status?
You can verify Edward R And Ruby J@Lea Charitable Trust A's tax-exempt status using EIN 206862913 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 Edward R And Ruby J@Lea Charitable Trust A appears to be a small private foundation, as indicated by its NTEE code T22 (Private Grantmaking Foundations) and consistent asset base with relatively low revenue and expenses. The organization's financial health shows a fluctuating but generally stable asset base, with assets around $300,000-$400,000 in recent years, peaking at $503,331 in 2011 and currently at $376,654. Revenue has varied significantly, from a low of $-691 in 2019 to a high of $35,930 in 2023. Expenses have also fluctuated, with a notable spike to $92,484 in 2012, but generally remaining under $30,000 in recent periods. The trust consistently reports 0% officer compensation, which is a positive indicator for donor confidence regarding executive pay.
Given its nature as a private grantmaking foundation, its 'program spending' would primarily be grants made to other organizations. Without detailed breakdowns of expenses beyond total expenses, it's challenging to precisely assess spending efficiency in terms of administrative vs. program costs. However, the consistent reporting of zero officer compensation suggests a lean operational structure at the executive level. The organization's consistent filing of IRS Form 990s demonstrates a commitment to transparency, providing a public record of its financial activities over more than a decade.
Overall, the trust maintains a modest but stable financial position. Its primary function is likely to disburse grants, and the lack of officer compensation is a strong point. Further analysis would require a detailed breakdown of its expenses to understand the proportion dedicated to grants versus administrative overhead, but the available data suggests a well-managed, albeit small, philanthropic entity.