Quick charity verification for Lasalle Family Foundation Inc (EIN: 208090370)
Verdict: Lasalle Family Foundation Inc appears trustworthy
85/100Mission Score
$705KRevenue
$632KAssets
2Red Flags
4Strengths
Red Flags
Consistent revenue deficits in recent years (e.g., 2023 revenue $28,882 vs. expenses $59,354)
Decreasing asset base over the last few years (from $694,253 in 2020 to $537,501 in 2023)
Strengths
Zero reported officer compensation, indicating high efficiency in leadership costs
Consistent IRS 990 filing history, demonstrating good transparency
Stable asset base, providing a solid financial foundation despite recent deficits
Minimal liabilities ($1 in recent years), indicating sound financial management
Spending Breakdown
How Lasalle Family Foundation Inc 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 Lasalle Family Foundation Inc
Is Lasalle Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lasalle Family Foundation Inc (EIN: 208090370) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Lasalle Family Foundation Inc a good charity to donate to?
Lasalle Family Foundation Inc has a Mission Score of 85/100. Revenue: $705K. Assets: $632K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lasalle Family Foundation Inc?
The Employer Identification Number (EIN) for Lasalle Family Foundation Inc is 208090370. 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 Lasalle Family Foundation Inc spend its money?
Lasalle Family Foundation Inc allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lasalle Family Foundation Inc's tax-exempt status?
You can verify Lasalle Family Foundation Inc's tax-exempt status using EIN 208090370 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 Lasalle Family Foundation Inc. exhibits a consistent operational pattern as a grant-making organization, with its financial health appearing stable, albeit with recent years showing expenses exceeding revenue. For instance, in 2023, expenses were $59,354 against revenues of $28,882, and in 2022, expenses were $48,591 against revenues of $28,689. This trend suggests the foundation is drawing down on its assets or relying on prior period surpluses to fund its activities. Despite this, its asset base has remained relatively stable over the past few years, with $537,501 in assets in 2023, indicating a solid financial foundation.
The organization demonstrates strong spending efficiency in terms of administrative and fundraising costs, as it reports 0% officer compensation across all available filings. This suggests a lean operational structure, likely relying on volunteer efforts or very low overhead for management. However, without a detailed breakdown of program service expenses versus other functional expenses, a precise assessment of program spending efficiency is challenging. The consistent reporting of minimal liabilities ($1 in recent years) points to sound financial management and a low-risk profile.
Transparency appears to be good, with consistent IRS 990 filings available over many years. The absence of officer compensation is a notable positive for a foundation of its size, indicating that resources are likely directed entirely towards its charitable purpose. However, a more detailed breakdown of how its expenses are categorized (program, administrative, fundraising) would further enhance transparency and allow for a more granular analysis of its spending efficiency.