Is La Maestra Foundation Inc Legit?

Quick charity verification for La Maestra Foundation Inc (EIN: 204368366)

Verdict: La Maestra Foundation Inc appears trustworthy

75/100Mission Score
$2.8MRevenue
$573KAssets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How La Maestra 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 La Maestra Foundation Inc

Is La Maestra Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, La Maestra Foundation Inc (EIN: 204368366) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.

Is La Maestra Foundation Inc a good charity to donate to?

La Maestra Foundation Inc has a Mission Score of 75/100. Revenue: $2.8M. Assets: $573K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for La Maestra Foundation Inc?

The Employer Identification Number (EIN) for La Maestra Foundation Inc is 204368366. 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 La Maestra Foundation Inc spend its money?

La Maestra Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify La Maestra Foundation Inc's tax-exempt status?

You can verify La Maestra Foundation Inc's tax-exempt status using EIN 204368366 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

La Maestra Foundation Inc. demonstrates a mixed financial picture. While the organization has consistently reported zero officer compensation across all available filings, indicating good transparency regarding executive pay, its financial stability has fluctuated. In the most recent filing (202312), the organization reported expenses exceeding revenue by over $600,000 ($2,503,581 in expenses vs. $1,896,998 in revenue), leading to a decrease in net assets. This trend of expenses exceeding revenue was also observed in 2017, 2016, 2015, and 2014, suggesting periods of financial strain. However, there have also been periods of strong revenue generation and asset growth, such as in 2018 where revenue significantly outpaced expenses ($4,489,966 vs. $1,265,204). The organization's assets have also shown considerable fluctuation, from a low of $204,066 in 2018 to a high of $1,107,125 in 2022, indicating an inconsistent financial base. The consistent reporting of zero officer compensation is a positive sign for transparency and resource allocation towards its mission.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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