Quick charity verification for James Lenox House Association Inc (EIN: 131624148)
Verdict: James Lenox House Association Inc appears trustworthy
75/100Mission Score
$5.2MRevenue
$10.2MAssets
3Red Flags
3Strengths
Red Flags
Significant and consistent operating deficits in recent years (e.g., -$1,402,668 in 2023, -$158,472 in 2022, -$422,324 in 2021).
Declining revenue trend from $1,614,228 in 2020 to $728,966 in 2023.
Sudden appearance of significant liabilities ($925,719) in 2023 after years of reporting zero liabilities.
Strengths
Strong and stable asset base, consistently over $10 million in recent years (e.g., $10,639,991 in 2023).
Excellent transparency regarding executive compensation, with 0% reported officer compensation across all filings.
History of strong revenue generation in some past periods (e.g., $2,476,826 in 2017).
Spending Breakdown
How James Lenox House Association Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 James Lenox House Association Inc
Is James Lenox House Association Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, James Lenox House Association Inc (EIN: 131624148) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is James Lenox House Association Inc a good charity to donate to?
James Lenox House Association Inc has a Mission Score of 75/100. Revenue: $5.2M. Assets: $10.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for James Lenox House Association Inc?
The Employer Identification Number (EIN) for James Lenox House Association Inc is 131624148. 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 James Lenox House Association Inc spend its money?
James Lenox House Association Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify James Lenox House Association Inc's tax-exempt status?
You can verify James Lenox House Association Inc's tax-exempt status using EIN 131624148 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 James Lenox House Association Inc. exhibits a fluctuating financial performance over the past decade, with revenues often exceeding expenses in earlier years but showing significant deficits in more recent filings. For instance, in 2023, the organization reported revenues of $728,966 against expenses of $2,131,634, indicating a substantial operating loss. This trend of expenses outstripping revenue is also visible in 2022 and 2021. Despite these operational deficits, the organization maintains a healthy asset base, with assets consistently over $10 million in recent years, suggesting a strong underlying financial foundation. The absence of reported officer compensation across all available filings indicates a high degree of transparency regarding executive pay, as it suggests either a volunteer-led executive team or compensation below reporting thresholds, which is a positive sign for donor confidence.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent operational losses in recent years (e.g., a -$1,402,668 deficit in 2023) raise questions about the sustainability of current spending levels relative to incoming revenue. The organization's ability to maintain its asset base despite these deficits suggests it may be drawing from reserves or has other non-operating income sources not detailed here. The lack of reported liabilities in most years, except for $925,719 in 2023, generally points to a conservative financial approach, though the sudden appearance of liabilities in 2023 warrants further investigation.
Overall, while the organization demonstrates strong asset management and excellent transparency regarding executive compensation, the recent trend of significant operating deficits is a concern for long-term financial health. Donors would benefit from a clearer understanding of how these deficits are being managed and the specific allocation of expenses to programs versus overhead. The consistent asset base provides a buffer, but sustained operational losses are not sustainable without a clear strategy for revenue generation or expense reduction.