Quick charity verification for Laconia Kiwanis Charities Fund (EIN: 20486720)
Verdict: Laconia Kiwanis Charities Fund appears trustworthy
75/100Mission Score
$22KRevenue
$32KAssets
2Red Flags
4Strengths
Red Flags
Consistent deficit spending in recent years (e.g., 2024 expenses $21,228 vs. revenue $17,016)
Declining asset base over the last few years (from $44,667 in 2021 to $26,434 in 2024)
Strengths
Zero officer compensation reported across all filings, maximizing funds for programs
Consistent filing history (14 filings) demonstrating strong transparency
No reported liabilities in any filing period, indicating good debt management
Maintains a healthy asset base relative to its annual revenue, providing some financial stability
Spending Breakdown
How Laconia Kiwanis Charities Fund allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Laconia Kiwanis Charities Fund
Is Laconia Kiwanis Charities Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Laconia Kiwanis Charities Fund (EIN: 20486720) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Laconia Kiwanis Charities Fund a good charity to donate to?
Laconia Kiwanis Charities Fund has a Mission Score of 75/100. Revenue: $22K. Assets: $32K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Laconia Kiwanis Charities Fund?
The Employer Identification Number (EIN) for Laconia Kiwanis Charities Fund is 20486720. 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 Kiwanis Charities Fund spend its money?
Laconia Kiwanis Charities Fund allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Laconia Kiwanis Charities Fund's tax-exempt status?
You can verify Laconia Kiwanis Charities Fund's tax-exempt status using EIN 20486720 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 Kiwanis Charities Fund demonstrates consistent financial transparency, with 14 filings available and no reported liabilities across all periods, indicating sound financial management. The organization operates on a relatively small budget, with recent revenues around $17,016 (2024) and total assets of $26,434 (2024). While the organization consistently reports 0% officer compensation, which is a positive indicator for donor confidence, it has frequently spent more than it brought in, as seen in 2024 ($17,016 revenue vs. $21,228 expenses) and 2023 ($12,756 revenue vs. $16,078 expenses). This trend of deficit spending, particularly in recent years, suggests a need for closer monitoring of expenditure relative to income to ensure long-term sustainability. Despite this, the organization maintains a healthy asset base relative to its annual revenue, providing some financial cushion.