Quick charity verification for Larry And Martha Day Charitabletrust (EIN: 207197623)
Verdict: Larry And Martha Day Charitabletrust appears trustworthy
85/100Mission Score
$3.3MRevenue
$10.7MAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data, limiting granular efficiency analysis.
Strengths
Consistent reporting of 0% officer compensation across all filings, indicating high efficiency and dedication of funds to mission.
Strong and growing asset base, with assets reaching $8,467,007 in 202311, providing financial stability.
Expenses consistently lower than revenue in most periods, demonstrating fiscal prudence and efficient management.
Long history of IRS 990 filings (10 filings), indicating commitment to transparency and compliance.
Spending Breakdown
How Larry And Martha Day Charitabletrust allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 Larry And Martha Day Charitabletrust
Is Larry And Martha Day Charitabletrust a legitimate charity?
Based on AI analysis of IRS 990 filings, Larry And Martha Day Charitabletrust (EIN: 207197623) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Larry And Martha Day Charitabletrust a good charity to donate to?
Larry And Martha Day Charitabletrust has a Mission Score of 85/100. Revenue: $3.3M. Assets: $10.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Larry And Martha Day Charitabletrust?
The Employer Identification Number (EIN) for Larry And Martha Day Charitabletrust is 207197623. 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 Larry And Martha Day Charitabletrust spend its money?
Larry And Martha Day Charitabletrust allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Larry And Martha Day Charitabletrust's tax-exempt status?
You can verify Larry And Martha Day Charitabletrust's tax-exempt status using EIN 207197623 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 Larry And Martha Day Charitabletrust demonstrates strong financial health, consistently maintaining substantial assets relative to its annual expenses. In the latest filing period (202311), the organization reported $8,467,007 in assets against $748,020 in expenses, indicating a robust financial cushion. The trust's revenue has shown significant fluctuations over the years, with a notable peak of $1,673,186 in 201311 and $1,219,940 in 202311, suggesting reliance on varying income streams. The absence of reported officer compensation across all available filings points to a lean administrative structure and potentially volunteer-driven leadership, which is a positive indicator for donor confidence.
Spending efficiency appears high, as evidenced by the low expense ratios relative to revenue in most periods. For instance, in 202311, expenses were $748,020 against $1,219,940 in revenue, meaning a significant portion of income was retained or directed towards future activities. The consistent reporting of zero officer compensation across all filings is a strong positive for transparency and efficiency, as it suggests that a greater proportion of funds can be directed towards the trust's charitable purpose. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is limited.
Transparency regarding executive compensation is excellent, with 0% reported across all filings. The consistent filing of IRS Form 990s over a decade also indicates a commitment to regulatory compliance and public disclosure. While the provided data doesn't offer granular details on program spending versus other categories, the overall financial picture suggests a well-managed and fiscally responsible organization. Further transparency could be enhanced by providing a more detailed breakdown of how expenses are allocated across different functional areas.