Is Friends Of Larche Inc Legit?

Strengths

Consistent reporting of 0% officer compensation across all filings.
Strong and consistent revenue growth over the past decade, from $378,591 in 2015 to $1,813,094 currently.
Healthy asset base ($2,836,728) with relatively low liabilities, indicating strong financial stability.
Positive net income in most full fiscal years, contributing to asset accumulation.
Regular and extensive IRS 990 filing history (14 filings) demonstrates transparency.

Spending Breakdown

How Friends Of Larche Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Friends Of Larche Inc

Is Friends Of Larche Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Friends Of Larche Inc (EIN: 203091620) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.

Is Friends Of Larche Inc a good charity to donate to?

Friends Of Larche Inc has a Mission Score of 92/100. Revenue: $1.8M. Assets: $2.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Friends Of Larche Inc?

The Employer Identification Number (EIN) for Friends Of Larche Inc is 203091620. 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 Friends Of Larche Inc spend its money?

Friends Of Larche Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Friends Of Larche Inc's tax-exempt status?

You can verify Friends Of Larche Inc's tax-exempt status using EIN 203091620 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

Friends Of Larche Inc demonstrates consistent financial health with a strong asset base relative to its liabilities. The organization has shown steady revenue growth over the past decade, increasing from $378,591 in 2015 to $1,813,094 in its latest reported period. While the most recent filing (Period 202402) shows expenses exceeding revenue ($303,102 vs $210,239), this appears to be an anomaly or a partial period report, as the preceding full fiscal year (202312) showed a healthy surplus of $134,302 ($1,407,675 revenue - $1,273,373 expenses).

The organization's spending efficiency is commendable, particularly given its consistent reporting of 0% officer compensation across all available filings, indicating that executive leadership is either volunteer-based or compensated through other means not classified as officer compensation, which is a strong positive for donor confidence. The consistent growth in assets, from $389,686 in 2015 to $2,836,728 currently, further solidifies its financial stability. The low liabilities relative to assets also suggest prudent financial management.

Transparency is high, primarily due to the consistent 0% officer compensation reported, which eliminates a common area of concern for nonprofits. The regular filing of IRS Form 990s over 14 periods also indicates a commitment to public disclosure. The organization's financial trajectory suggests a well-managed entity focused on its mission.

Verdict: Friends Of Larche Inc appears trustworthy

Red Flags