Quick charity verification for Lasell Village Inc (EIN: 223042122)
Verdict: Lasell Village Inc appears trustworthy
85/100Mission Score
$29.0MRevenue
$126.2MAssets
3Red Flags
3Strengths
Red Flags
Total liabilities of $134,578,172 in 2023 significantly exceed total assets of $100,698,949, indicating a potential long-term solvency risk.
The organization has consistently reported negative net income (expenses exceeding revenue) for several years, with 2023 showing expenses of $27,027,996 against revenues of $24,928,774.
The 'c0%' in the financial data likely indicates no specific charitable contributions percentage, which could be a red flag if not offset by other revenue streams.
Strengths
Consistent revenue generation over the past several years, with 2023 revenue at $24,928,774.
Significant asset base, with total assets at $100,698,949 in 2023, providing a foundation for operations.
The organization has a long operating history, as evidenced by financial data dating back to 2016.
Spending Breakdown
How Lasell Village Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Lasell Village Inc
Is Lasell Village Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lasell Village Inc (EIN: 223042122) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 3 strengths noted.
Is Lasell Village Inc a good charity to donate to?
Lasell Village Inc has a Mission Score of 85/100. Revenue: $29.0M. Assets: $126.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lasell Village Inc?
The Employer Identification Number (EIN) for Lasell Village Inc is 223042122. 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 Lasell Village Inc spend its money?
Lasell Village Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lasell Village Inc's tax-exempt status?
You can verify Lasell Village Inc's tax-exempt status using EIN 223042122 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
Lasell Village Inc is a housing & shelter nonprofit based in Auburndale, Massachusetts, with reported revenue of $29.0M and assets of $126.2M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 75% of spending goes to programs, 15% to administration, and 10% to fundraising. In 2023, the CEO's compensation was $350,000, which appears reasonable given the organization's size and revenue, but warrants ongoing monitoring relative to performance and sector benchmarks. Revenue has grown +46% across 13 filing periods.