Quick charity verification for Gapaba Law Foundation Inc (EIN: 202369818)
Verdict: Gapaba Law Foundation Inc appears trustworthy
80/100Mission Score
$222KRevenue
$214KAssets
1Red Flags
3Strengths
Red Flags
Significant revenue volatility and periods of large deficits, such as in 2022 where expenses ($234,029) were more than three times revenue ($65,954).
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds and strong commitment to mission over executive pay.
Long filing history (13 filings) demonstrates a commitment to transparency and compliance.
Recent financial recovery in 2023, with revenue ($193,627) exceeding expenses ($139,033) after a deficit year.
Spending Breakdown
How Gapaba Law Foundation Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Gapaba Law Foundation Inc
Is Gapaba Law Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Gapaba Law Foundation Inc (EIN: 202369818) appears trustworthy. Mission Score: 80/100. 1 red flag identified, 3 strengths noted.
Is Gapaba Law Foundation Inc a good charity to donate to?
Gapaba Law Foundation Inc has a Mission Score of 80/100. Revenue: $222K. Assets: $214K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Gapaba Law Foundation Inc?
The Employer Identification Number (EIN) for Gapaba Law Foundation Inc is 202369818. 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 Gapaba Law Foundation Inc spend its money?
Gapaba Law Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Gapaba Law Foundation Inc's tax-exempt status?
You can verify Gapaba Law Foundation Inc's tax-exempt status using EIN 202369818 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
Gapaba Law Foundation Inc demonstrates a fluctuating financial history, with significant swings in revenue and expenses over the past few years. For instance, in 2022, expenses ($234,029) far exceeded revenue ($65,954), leading to a substantial deficit. However, the most recent filing (2023) shows a healthier position with revenue ($193,627) comfortably exceeding expenses ($139,033), resulting in a net surplus and growth in assets. The organization consistently reports 0% officer compensation, which is a positive indicator for donor confidence regarding executive pay.
The organization's spending efficiency is difficult to precisely determine without a detailed breakdown of program, administrative, and fundraising expenses in the provided data. However, the consistent lack of reported officer compensation suggests that a significant portion of funds is not being diverted to high executive salaries. The asset base has shown growth, reaching $136,182 in 2023, indicating some financial stability despite past fluctuations. The organization's long filing history (13 filings) suggests a commitment to compliance and transparency through regular reporting.
Overall, while there have been periods of financial strain, the recent filing indicates a positive trend. The absence of officer compensation is a strong point for transparency and efficiency. A more granular breakdown of expenses would further clarify spending efficiency, but the current data suggests a lean operational structure in terms of executive overhead.