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.
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.