Quick charity verification for Larc School Inc (EIN: 221978787)
Verdict: Larc School Inc appears trustworthy
85/100Mission Score
$11.9MRevenue
$14.2MAssets
1Red Flags
3Strengths
Red Flags
The reported 0% compensation for all key personnel across multiple years is a significant red flag, as it's highly improbable for an organization with $11.8M in revenue to operate without any executive compensation.
Strengths
Larc School Inc demonstrates consistent revenue growth, increasing from $6.9M in 2016 to $11.8M in 2023, indicating strong financial health.
The organization maintains a robust asset base, growing from $9.89M in 2016 to $14.23M in 2023, providing financial stability.
A high percentage of spending is allocated to programs (88%), suggesting a strong commitment to its mission.
Spending Breakdown
How Larc School Inc allocates its funds across programs, administration, and fundraising.
88%
Program Spending
Healthy — majority goes to mission
7%
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 Larc School Inc
Is Larc School Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Larc School Inc (EIN: 221978787) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Larc School Inc a good charity to donate to?
Larc School Inc has a Mission Score of 85/100. Revenue: $11.9M. Assets: $14.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Larc School Inc?
The Employer Identification Number (EIN) for Larc School Inc is 221978787. 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 Larc School Inc spend its money?
Larc School Inc allocates 88% to programs, 7% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Larc School Inc's tax-exempt status?
You can verify Larc School Inc's tax-exempt status using EIN 221978787 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
Larc School Inc is a education nonprofit based in Bellmawr, New Jersey, with reported revenue of $11.9M and assets of $14.2M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 88% of spending goes to programs, 7% to administration, and 5% to fundraising. The filings indicate '0%' compensation for officers, directors, trustees, and key employees, which is highly atypical for an organization of this size and suggests that compensation may be reported under different categories or is genuinely absent, requiring clarification. Revenue has grown +44% across 12 filing periods.