Is Lapeer County Community Foundation Legit?

Quick charity verification for Lapeer County Community Foundation (EIN: 201271563)

Verdict: Lapeer County Community Foundation appears trustworthy

90/100Mission Score
$4.7MRevenue
$19.7MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

How Lapeer County Community Foundation allocates its funds across programs, administration, and fundraising.

85%
Program Spending
Healthy — majority goes to mission
10%
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 Lapeer County Community Foundation

Is Lapeer County Community Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Lapeer County Community Foundation (EIN: 201271563) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.

Is Lapeer County Community Foundation a good charity to donate to?

Lapeer County Community Foundation has a Mission Score of 90/100. Revenue: $4.7M. Assets: $19.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Lapeer County Community Foundation?

The Employer Identification Number (EIN) for Lapeer County Community Foundation is 201271563. 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 Lapeer County Community Foundation spend its money?

Lapeer County Community Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Lapeer County Community Foundation's tax-exempt status?

You can verify Lapeer County Community Foundation's tax-exempt status using EIN 201271563 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 Lapeer County Community Foundation demonstrates strong financial health and a clear commitment to its mission. Over the past five years, the organization has shown significant growth in both revenue and assets, with assets increasing from $11,526,148 in 2019 to $17,191,136 in 2023. This growth indicates effective fundraising and investment strategies. The foundation consistently reports 0% officer compensation, which is a strong indicator of transparency and a focus on directing resources towards programmatic activities rather than executive salaries. While specific program spending percentages are not detailed in the provided data, the consistent growth in assets and the absence of executive compensation suggest a well-managed and mission-driven organization. The foundation's financial stability is further evidenced by its healthy asset base of $19,743,038 against liabilities that appear to be a manageable portion of its assets. The substantial increase in revenue to $4,172,731 in 2023, compared to $1,098,548 in 2019, highlights growing community support and successful development efforts. The relatively low expenses compared to revenue in recent years (e.g., $1,126,203 expenses against $4,172,731 revenue in 2023) suggest efficient operations, allowing for greater accumulation of assets to support future grantmaking and community initiatives. The consistent filing of IRS 990 forms over 13 periods also points to a commitment to regulatory compliance and transparency.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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