Quick charity verification for Lamp Stand Incorporated (EIN: 203678675)
Verdict: Lamp Stand Incorporated appears trustworthy
92/100Mission Score
$174KRevenue
$203KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth from $100,061 in 2019 to $212,652 in 2024.
Zero reported liabilities across all filings, indicating strong financial stability.
0% officer compensation reported, suggesting a high dedication of funds to programs.
Growing asset base, from $7,359 in 2019 to $216,965 in 2024, enhancing long-term sustainability.
Expenses generally align with revenue, demonstrating responsible financial management.
Spending Breakdown
How Lamp Stand Incorporated allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Lamp Stand Incorporated
Is Lamp Stand Incorporated a legitimate charity?
Based on AI analysis of IRS 990 filings, Lamp Stand Incorporated (EIN: 203678675) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Lamp Stand Incorporated a good charity to donate to?
Lamp Stand Incorporated has a Mission Score of 92/100. Revenue: $174K. Assets: $203K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lamp Stand Incorporated?
The Employer Identification Number (EIN) for Lamp Stand Incorporated is 203678675. 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 Lamp Stand Incorporated spend its money?
Lamp Stand Incorporated allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lamp Stand Incorporated's tax-exempt status?
You can verify Lamp Stand Incorporated's tax-exempt status using EIN 203678675 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
Lamp Stand Incorporated demonstrates consistent financial health with a growing asset base and no reported liabilities across its recent filings. The organization's revenue has shown a positive trend, increasing from $100,061 in 2019 to $212,652 in 2024, indicating stable donor support or program growth. Expenses have generally remained in line with revenue, suggesting responsible financial management. The absence of officer compensation reported in all available filings is a significant indicator of transparency and a commitment to directing funds towards its mission, rather than executive salaries. This practice, combined with zero liabilities, paints a picture of a financially sound and well-managed nonprofit.