Is L & S Hayward Foundation Legit? —…

Strengths

Consistent absence of officer compensation across all filings, indicating high efficiency in resource allocation.
Significant growth in assets from $329,104 in 2011 to $1,901,699 currently, demonstrating strong financial stewardship.
Consistently low liabilities ($0 or $1), indicating sound financial management and minimal debt.
Regular and consistent filing of IRS Form 990s, enhancing transparency.
Strong asset base relative to annual expenses, providing financial stability.

Spending Breakdown

How L & S Hayward Foundation allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

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 L & S Hayward Foundation

Is L & S Hayward Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, L & S Hayward Foundation (EIN: 203978913) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.

Is L & S Hayward Foundation a good charity to donate to?

L & S Hayward Foundation has a Mission Score of 92/100. Revenue: $71K. Assets: $1.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for L & S Hayward Foundation?

The Employer Identification Number (EIN) for L & S Hayward Foundation is 203978913. 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 L & S Hayward Foundation spend its money?

L & S Hayward Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify L & S Hayward Foundation's tax-exempt status?

You can verify L & S Hayward Foundation's tax-exempt status using EIN 203978913 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 L & S Hayward Foundation demonstrates a consistent commitment to its mission, as evidenced by its NTEE code T20 (Private Grantmaking Foundations) and its operational structure. The organization has maintained very low liabilities, consistently reporting $0 or $1 across all available filings, which indicates sound financial management and minimal debt burden. While revenue has fluctuated significantly, from a low of $-3,466 in 2020 to a high of $1,814,187 in 2021, the foundation has managed to grow its assets from $329,104 in 2011 to $1,901,699 currently, suggesting effective long-term asset management and investment strategies. The absence of officer compensation across all reported periods further enhances its transparency and efficiency profile, as resources are not being diverted to executive salaries.

Spending efficiency is generally strong, particularly given its nature as a grantmaking foundation where administrative costs are often necessary for due diligence and oversight. The foundation's expenses have varied, but the lack of officer compensation is a significant positive indicator of efficient resource allocation. The foundation's financial health appears stable, with substantial assets relative to its annual expenses in most years. For instance, in 2023, with expenses of $88,048 against assets of $1,908,623, it possesses a strong financial cushion.

Transparency is high due to the consistent filing of IRS Form 990s and the clear reporting of financial data, including the absence of executive compensation. This allows for a straightforward assessment of its financial operations. The foundation's primary function as a grantmaker means its 'program spending' is largely reflected in the grants it issues, which are typically detailed in its filings. The overall picture is one of a well-managed private foundation with a focus on its charitable purpose.

Is L & S Hayward Foundation Legit?

Verdict: L & S Hayward Foundation appears trustworthy

Red Flags