Quick charity verification for Larcher Family Foundation (EIN: 203980388)
Verdict: Larcher Family Foundation appears trustworthy
85/100Mission Score
$177KRevenue
$7.5MAssets
2Red Flags
4Strengths
Red Flags
Highly fluctuating annual revenue, making future income less predictable.
Lack of detailed functional expense breakdown in provided data to fully assess program efficiency.
Strengths
Substantial asset base ($7,478,651) provides strong financial stability.
Consistent reporting of 0% officer compensation, indicating efficient use of funds.
Minimal liabilities ($1 in recent years) demonstrates sound financial management.
Long history of IRS 990 filings (10 filings) indicates transparency and compliance.
Spending Breakdown
How Larcher Family 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 Larcher Family Foundation
Is Larcher Family Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Larcher Family Foundation (EIN: 203980388) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Larcher Family Foundation a good charity to donate to?
Larcher Family Foundation has a Mission Score of 85/100. Revenue: $177K. Assets: $7.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Larcher Family Foundation?
The Employer Identification Number (EIN) for Larcher Family Foundation is 203980388. 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 Larcher Family Foundation spend its money?
Larcher Family Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Larcher Family Foundation's tax-exempt status?
You can verify Larcher Family Foundation's tax-exempt status using EIN 203980388 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 Larcher Family Foundation demonstrates a generally healthy financial position, with substantial assets of $7,478,651 as of the latest filing, significantly exceeding its minimal liabilities. The organization's revenue has fluctuated considerably over the years, ranging from a negative figure in 2011 to over $1 million in 2015 and 2019, indicating reliance on potentially volatile funding sources. While the latest reported revenue is $177,187, the 2023 period saw revenue of $406,520 against expenses of $267,137, suggesting a positive operating margin in that specific year. The consistent reporting of 0% officer compensation across all filings is a strong indicator of transparency and efficient use of funds, as it suggests that leadership is either unpaid or compensated through other means not classified as officer compensation, which is a positive for donor confidence.
The foundation's spending efficiency is difficult to precisely determine without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the consistent low liabilities and significant asset base suggest prudent financial management. The absence of officer compensation is a notable strength in terms of minimizing overhead. To fully assess spending efficiency, a deeper dive into the functional expense allocation would be necessary.
In terms of transparency, the consistent filing of IRS Form 990s over a decade is a positive sign. The 0% officer compensation is a clear and transparent disclosure. The organization's financial health appears stable due to its substantial assets, providing a buffer against revenue fluctuations. However, the wide swings in annual revenue suggest that potential donors should review the most recent detailed filings to understand current funding trends and program activities.