Is Lannon Stone Foundation Inc Legit? —…

Spending Breakdown

How Lannon Stone Foundation Inc allocates its funds across programs, administration, and fundraising.

75%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

10%

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 Lannon Stone Foundation Inc

Is Lannon Stone Foundation Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Lannon Stone Foundation Inc (EIN: 201842693) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 4 strengths noted.

Is Lannon Stone Foundation Inc a good charity to donate to?

Lannon Stone Foundation Inc has a Mission Score of 80/100. Revenue: $301K. Assets: $4.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Lannon Stone Foundation Inc?

The Employer Identification Number (EIN) for Lannon Stone Foundation Inc is 201842693. 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 Lannon Stone Foundation Inc spend its money?

Lannon Stone Foundation Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Lannon Stone Foundation Inc's tax-exempt status?

You can verify Lannon Stone Foundation Inc's tax-exempt status using EIN 201842693 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 Lannon Stone Foundation Inc. exhibits a fluctuating financial profile based on its IRS 990 filings. While the organization consistently reports zero officer compensation, indicating good transparency regarding executive pay, its spending efficiency shows significant variability. For instance, in 2023, expenses ($2,494,401) dramatically exceeded revenue ($1,154,174), leading to a substantial net loss for the year. This contrasts sharply with previous years like 2022, where revenue ($818,053) significantly outpaced expenses ($272,531), suggesting a strong surplus. The organization's assets have grown considerably over time, from $665,050 in 2011 to $4,872,658 in 2023, demonstrating a strong financial reserve. However, the large expense in 2023 warrants further investigation to understand its nature and whether it represents a one-time program investment or a shift in operational costs.

The foundation's consistent reporting of minimal liabilities ($1 in recent years, $0 previously) indicates a healthy balance sheet and low financial risk. The absence of officer compensation across all reported periods is a strong positive for transparency and suggests that leadership may be volunteer-based or compensated through other means not categorized as officer compensation, which is a good practice for a nonprofit. However, without a breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging. The significant increase in expenses in 2023, relative to prior years, could indicate a major program expansion or a significant one-time capital expenditure, which would be a positive use of funds if aligned with its mission. Conversely, if it represents a surge in administrative or fundraising costs, it would be a concern.

Overall, Lannon Stone Foundation Inc. appears to be financially stable with growing assets and low liabilities. Its transparency regarding executive compensation is excellent. The primary area for further scrutiny is the substantial increase in expenses in the latest filing period (2023), which impacts its short-term financial performance but could be a strategic investment. A deeper dive into the specific nature of these expenses would provide a clearer picture of its operational efficiency and program focus.

Is Lannon Stone Foundation Inc Legit?

Verdict: Lannon Stone Foundation Inc appears trustworthy

Red Flags

Strengths