Quick charity verification for Laconia Area Community Land Trust (EIN: 20426348)
Verdict: Laconia Area Community Land Trust appears trustworthy
95/100Mission Score
$4.8MRevenue
$18.4MAssets
1Red Flags
5Strengths
Red Flags
No reported officer compensation for an organization of this size could indicate compensation is paid by a related entity or not fully disclosed, warranting further investigation.
Strengths
Consistent generation of financial surpluses, indicating strong financial management.
Significant and steady growth in total assets over the past decade, from $8.5M to over $16M.
Zero reported officer compensation, suggesting a high dedication of funds to program services.
High program spending efficiency, with a very low administrative overhead implied by the lack of officer compensation and consistent surpluses.
Healthy net asset growth, demonstrating increasing financial capacity and sustainability.
Spending Breakdown
How Laconia Area Community Land Trust allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Laconia Area Community Land Trust
Is Laconia Area Community Land Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Laconia Area Community Land Trust (EIN: 20426348) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Laconia Area Community Land Trust a good charity to donate to?
Laconia Area Community Land Trust has a Mission Score of 95/100. Revenue: $4.8M. Assets: $18.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Laconia Area Community Land Trust?
The Employer Identification Number (EIN) for Laconia Area Community Land Trust is 20426348. 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 Laconia Area Community Land Trust spend its money?
Laconia Area Community Land Trust allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Laconia Area Community Land Trust's tax-exempt status?
You can verify Laconia Area Community Land Trust's tax-exempt status using EIN 20426348 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
Laconia Area Community Land Trust demonstrates consistent financial health and strong program focus. Over the past decade, the organization has shown steady growth in assets, from $8.5 million in 2014 to over $16 million in 2023, indicating effective asset management and long-term stability. Their revenue has fluctuated but generally trended upwards, with the latest reported revenue at $3,001,373 in 2023, significantly exceeding expenses of $2,043,643, leading to a healthy surplus. This consistent surplus generation across multiple years suggests prudent financial management and an ability to reinvest in their mission.
The organization exhibits excellent spending efficiency, with a very high proportion of expenses dedicated to program services. Based on the available data, there is no reported officer compensation, which is a strong indicator of efficient use of funds and a focus on mission-related activities rather than administrative overhead. The consistent positive net assets and growth in total assets further underscore their financial strength and capacity to deliver on their mission of providing affordable housing and community development in the Laconia area. Their transparency is high given the detailed filing history and the absence of officer compensation, which often raises questions in other nonprofits.