Consistent 0% officer compensation for an organization of this size is unusual and warrants further investigation into how leadership is compensated or if it's truly volunteer-led.
Expenses exceeded revenue in the most recent filing period (202308), indicating a deficit for that year.
Strengths
Consistent growth in revenue and assets over the past decade, indicating expanding operations and financial stability.
Strong indicator of program efficiency due to consistent 0% reported officer compensation, suggesting funds are directed away from executive salaries.
Excellent transparency with 13 IRS 990 filings available, demonstrating a commitment to public disclosure.
How Homegrown Lacrosse Corporation 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 Homegrown Lacrosse Corporation
Is Homegrown Lacrosse Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Homegrown Lacrosse Corporation (EIN: 201956993) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Homegrown Lacrosse Corporation a good charity to donate to?
Homegrown Lacrosse Corporation has a Mission Score of 85/100. Revenue: $3.1M. Assets: $1.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Homegrown Lacrosse Corporation?
The Employer Identification Number (EIN) for Homegrown Lacrosse Corporation is 201956993. 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 Homegrown Lacrosse Corporation spend its money?
Homegrown Lacrosse Corporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Homegrown Lacrosse Corporation's tax-exempt status?
You can verify Homegrown Lacrosse Corporation's tax-exempt status using EIN 201956993 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
Homegrown Lacrosse Corporation demonstrates consistent financial activity, with revenues and expenses generally increasing over the past decade, indicating growth in its operations. For the 202308 period, the organization reported revenues of $2,114,992 against expenses of $2,261,928, resulting in a deficit for that year. However, prior years like 202208 and 202108 showed surpluses, suggesting a fluctuating but generally stable financial position. The organization's assets have also shown a steady increase, reaching $1,394,025 in 202308, while liabilities have also grown, indicating reliance on debt or deferred revenue.
The organization's spending efficiency appears to be strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that a significant portion of funds is likely directed towards program services rather than executive salaries. While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the absence of officer compensation is a positive indicator for donor confidence regarding executive overhead.
Transparency is high due to the consistent filing of IRS Form 990s, with 13 filings available. The consistent reporting of 0% officer compensation is a key transparency point, indicating that the organization's leadership is either volunteer-based or compensated through other means not classified as officer compensation, which would require further investigation of the full 990 forms for complete clarity. Overall, the financial health appears stable with growth, and spending efficiency is likely good given the compensation structure.