Quick charity verification for Lane Werner Family Foundation (EIN: 205429087)
Verdict: Lane Werner Family Foundation appears trustworthy
85/100Mission Score
$530KRevenue
$923KAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown (program vs. admin) in public filings for a full efficiency assessment.
Strengths
Consistent asset growth, from $307,334 in 2011 to $860,498 in 2023.
Extremely low liabilities, consistently reported as $1.
0% officer compensation reported across all available filings, indicating efficient use of funds.
Long history of consistent IRS 990 filings (10 filings), demonstrating transparency and compliance.
Strong financial stability with a healthy asset-to-liability ratio.
Spending Breakdown
How Lane Werner Family 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
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 Lane Werner Family Foundation
Is Lane Werner Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Lane Werner Family Foundation (EIN: 205429087) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is Lane Werner Family Foundation a good charity to donate to?
Lane Werner Family Foundation has a Mission Score of 85/100. Revenue: $530K. Assets: $923K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lane Werner Family Foundation?
The Employer Identification Number (EIN) for Lane Werner Family Foundation is 205429087. 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 Lane Werner Family Foundation spend its money?
Lane Werner Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lane Werner Family Foundation's tax-exempt status?
You can verify Lane Werner Family Foundation's tax-exempt status using EIN 205429087 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 Lane Werner Family Foundation demonstrates consistent financial health with growing assets over the past decade, reaching $860,498 in 2023. The organization maintains extremely low liabilities, consistently reported as $1, indicating a strong balance sheet and minimal debt burden. Revenue has fluctuated, with a notable peak of $388,701 in 2021, but generally shows a positive trend in asset accumulation.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the foundation consistently reports 0% officer compensation, which is a positive indicator for minimizing overhead related to executive salaries. The foundation's NTEE code T20 suggests it is a private foundation, which typically focuses on grantmaking rather than direct program delivery, making a direct comparison of program spending ratios with public charities less straightforward.
Transparency appears to be good given the consistent filing of IRS Form 990s over a long period. The absence of officer compensation is a strong point for transparency regarding executive pay. To further enhance transparency, a more detailed public breakdown of how expenses are categorized (program, administrative, fundraising) would be beneficial, even for a private foundation.