Is Latin American Health Alliance Ofcentral…

Quick charity verification for Latin American Health Alliance Ofcentral Massachusetts Inc (EIN: 205359235)

Strengths

Consistent asset growth over a decade, indicating strong financial management and sustainability.
Zero reported officer compensation across all filings, suggesting a high dedication of resources to programs.
Liabilities consistently represent a small fraction of total assets, indicating low financial risk.
Long history of IRS 990 filings (13 filings), demonstrating transparency and compliance.
Revenue generally exceeds expenses over the long term, contributing to financial health.

Spending Breakdown

How Latin American Health Alliance Ofcentral Massachusetts Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Latin American Health Alliance Ofcentral Massachusetts Inc

Is Latin American Health Alliance Ofcentral Massachusetts Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Latin American Health Alliance Ofcentral Massachusetts Inc (EIN: 205359235) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.

Is Latin American Health Alliance Ofcentral Massachusetts Inc a good charity to donate to?

Latin American Health Alliance Ofcentral Massachusetts Inc has a Mission Score of 92/100. Revenue: $1.7M. Assets: $3.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Latin American Health Alliance Ofcentral Massachusetts Inc?

The Employer Identification Number (EIN) for Latin American Health Alliance Ofcentral Massachusetts Inc is 205359235. 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 Latin American Health Alliance Ofcentral Massachusetts Inc spend its money?

Latin American Health Alliance Ofcentral Massachusetts Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Latin American Health Alliance Ofcentral Massachusetts Inc's tax-exempt status?

You can verify Latin American Health Alliance Ofcentral Massachusetts Inc's tax-exempt status using EIN 205359235 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 Latin American Health Alliance of Central Massachusetts Inc. demonstrates consistent financial health with growing assets over the past decade, reaching $3,813,195 in the latest period. While revenue has fluctuated, it generally exceeds expenses, indicating sound financial management. For instance, in 202206, revenue was $1,996,313 against expenses of $1,550,283. The organization's liabilities are consistently a small fraction of its assets, suggesting a strong balance sheet and low financial risk. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing resources towards its mission rather than executive salaries.

The organization's spending efficiency appears strong, particularly given the absence of reported officer compensation. This suggests that a substantial portion of its operational budget is likely allocated directly to program services. The consistent growth in assets, even during periods where expenses slightly exceeded revenue (e.g., 202306 with expenses of $1,756,399 against revenue of $1,670,984), indicates effective asset management and potentially robust fundraising or investment strategies. The NTEE code I40 (Health Care) aligns with its mission, and the financial data supports a focus on delivering health-related services to the community.

Overall, the Latin American Health Alliance of Central Massachusetts Inc. presents as a financially stable and transparent organization. Its consistent filing history, growing asset base, and zero reported officer compensation contribute to a positive assessment of its financial health and commitment to its mission. The slight deficit in the most recent year (202306) is minor in the context of its overall financial strength and long-term growth.

Is Latin American Health Alliance Ofcentral Massachusetts Inc Legit?

Verdict: Latin American Health Alliance Ofcentral Massachusetts Inc appears trustworthy

Red Flags