Quick charity verification for John Marshall Lockhart Trust (EIN: 136042350)
Verdict: John Marshall Lockhart Trust appears trustworthy
98/100Mission Score
$10.5MRevenue
$56.9MAssets
2Red Flags
5Strengths
Red Flags
Unusually low reported liabilities ($1) across multiple years, which might warrant further investigation into the full financial picture if not a simple reporting convention.
0% officer compensation for an organization with over $50 million in assets is highly unusual and could indicate an alternative management structure or reporting method that isn't immediately clear from the 990 summary.
Strengths
Consistent asset growth, increasing from $34.7 million in 2012 to $52.5 million in 2023.
Excellent spending efficiency, with expenses significantly lower than revenue in recent years (e.g., $3.03M expenses vs. $6.94M revenue in 2023).
Zero reported officer compensation, indicating extremely low administrative overhead for leadership.
Very low liabilities, consistently reported as $1 in recent filings, suggesting strong financial health and minimal debt.
Strong revenue generation, with the latest reported revenue at $10,547,746 and a peak of $6,947,967 in 2023.
Spending Breakdown
How John Marshall Lockhart Trust allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 John Marshall Lockhart Trust
Is John Marshall Lockhart Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, John Marshall Lockhart Trust (EIN: 136042350) appears trustworthy. Mission Score: 98/100. 2 red flags identified, 5 strengths noted.
Is John Marshall Lockhart Trust a good charity to donate to?
John Marshall Lockhart Trust has a Mission Score of 98/100. Revenue: $10.5M. Assets: $56.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for John Marshall Lockhart Trust?
The Employer Identification Number (EIN) for John Marshall Lockhart Trust is 136042350. 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 John Marshall Lockhart Trust spend its money?
John Marshall Lockhart Trust allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify John Marshall Lockhart Trust's tax-exempt status?
You can verify John Marshall Lockhart Trust's tax-exempt status using EIN 136042350 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 John Marshall Lockhart Trust demonstrates strong financial health and a clear commitment to its programmatic mission. Over the past five years, the organization has consistently maintained a healthy asset base, growing from $41,957,427 in 2019 to $52,513,045 in 2023. Its revenue has shown significant fluctuations, with a notable peak of $6,947,967 in 2023, indicating a robust ability to attract funding. The trust's spending efficiency is excellent, with expenses consistently well below revenue in recent years, such as $3,033,616 in expenses against $6,947,967 in revenue in 2023, allowing for substantial asset growth. The absence of reported officer compensation across all available filings suggests a highly efficient operational model with minimal overhead dedicated to executive salaries, further enhancing its financial health and program focus. The consistent reporting of minimal liabilities ($1 in most recent filings) also points to a very stable financial position.