Quick charity verification for Las School Foundation (EIN: 200517082)
Verdict: Las School Foundation appears trustworthy
75/100Mission Score
$2.3MRevenue
$22.4MAssets
2Red Flags
4Strengths
Red Flags
Consistent negative net assets (liabilities exceeding assets) across multiple years, indicating potential long-term solvency concerns or complex financial structuring.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering a full assessment of spending efficiency.
Strengths
Consistent revenue generation, averaging over $2 million annually in recent years, indicating stable donor support or investment income.
Substantial asset base ($22,394,174 latest), providing a strong foundation for long-term operations.
0% officer compensation reported across all filings, suggesting highly efficient executive leadership costs.
Stable financial operations with revenues generally covering expenses in recent periods (e.g., 202306 revenue $2,200,922 vs. expenses $1,980,185).
Spending Breakdown
How Las School Foundation allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
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 Las School Foundation
Is Las School Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Las School Foundation (EIN: 200517082) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Las School Foundation a good charity to donate to?
Las School Foundation has a Mission Score of 75/100. Revenue: $2.3M. Assets: $22.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Las School Foundation?
The Employer Identification Number (EIN) for Las School Foundation is 200517082. 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 Las School Foundation spend its money?
Las School Foundation allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Las School Foundation's tax-exempt status?
You can verify Las School Foundation's tax-exempt status using EIN 200517082 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 Las School Foundation demonstrates consistent financial activity, with revenues and expenses generally in the range of $2 million annually over the past several years. The organization maintains substantial assets, reported at $22,394,174 in the latest filing, which significantly exceed its annual operating budget. A notable aspect of its financial management is the consistent reporting of 0% officer compensation across all available filings, indicating a volunteer-led or externally managed executive structure, which can be a positive sign for donor confidence regarding administrative overhead.
However, a closer look at the balance sheet reveals a concerning trend: liabilities consistently exceed assets in recent years. For instance, in 202306, assets were $22,833,094 while liabilities were $23,139,303, and this pattern is visible in multiple prior periods. This indicates a potential long-term solvency issue or a specific accounting treatment for certain funds (e.g., restricted endowments) that are classified as liabilities. While the organization's revenue generation appears stable, the negative net asset position warrants further investigation to understand the nature of these liabilities and their impact on the foundation's long-term financial health and flexibility.
Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess. However, the consistent reporting of zero officer compensation suggests a lean administrative structure at the top. The organization's ability to maintain significant assets, despite the liability structure, suggests a focus on long-term financial stability, likely for its educational mission. The consistent revenue and expense figures indicate a predictable operational model.