Quick charity verification for Lattner Family Foundation Inc (EIN: 203100839)
Verdict: Lattner Family Foundation Inc appears trustworthy
98/100Mission Score
$52.5MRevenue
$106.9MAssets
1Red Flags
5Strengths
Red Flags
Unusually low reported liabilities ($1) across all periods, which might warrant further inquiry into accounting practices, though it generally indicates strong financial health.
Strengths
Strong program spending ratio, with virtually all expenses directed to grants.
Consistent reporting of 0% officer compensation, indicating high efficiency and transparency in executive pay.
Robust asset base, exceeding $82 million in 2022, ensuring long-term sustainability.
Minimal liabilities, consistently reported as $1, reflecting excellent financial health and low debt.
Consistent history of IRS 990 filings, demonstrating transparency and accountability.
Spending Breakdown
How Lattner Family Foundation Inc allocates its funds across programs, administration, and fundraising.
99%
Program Spending
Healthy — majority goes to mission
1%
Admin Costs
Reasonable — admin costs in check
0%
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 Lattner Family Foundation Inc
Is Lattner Family Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lattner Family Foundation Inc (EIN: 203100839) appears trustworthy. Mission Score: 98/100. 1 red flag identified, 5 strengths noted.
Is Lattner Family Foundation Inc a good charity to donate to?
Lattner Family Foundation Inc has a Mission Score of 98/100. Revenue: $52.5M. Assets: $106.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lattner Family Foundation Inc?
The Employer Identification Number (EIN) for Lattner Family Foundation Inc is 203100839. 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 Lattner Family Foundation Inc spend its money?
Lattner Family Foundation Inc allocates 99% to programs, 1% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lattner Family Foundation Inc's tax-exempt status?
You can verify Lattner Family Foundation Inc's tax-exempt status using EIN 203100839 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 Lattner Family Foundation Inc. demonstrates a consistent pattern of strong financial health and a clear focus on its programmatic mission. As a private foundation, its primary activity is grantmaking, which is reflected in its spending patterns. Over the past several years, the foundation has consistently maintained substantial assets, reaching $82,495,421 in 2022, indicating a robust endowment to support its long-term philanthropic goals. Its revenue streams, while fluctuating, have generally outpaced expenses in recent years, such as in 2022 where revenue was $9,058,097 against expenses of $7,243,440, allowing for growth in assets.
The foundation exhibits excellent spending efficiency, with virtually all expenses directed towards its program services (grantmaking) and minimal administrative overhead. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of this efficiency and a high degree of transparency regarding executive pay. The liabilities consistently reported as $1 across all periods suggest a very healthy balance sheet with negligible debt, further reinforcing its financial stability. This structure allows the vast majority of its financial resources to directly benefit its charitable objectives.
Transparency is high, particularly concerning executive compensation, which is reported as zero. The consistent filing of IRS Form 990s over many years provides a clear historical record of its financial activities. The foundation's operational model, typical of a grantmaking private foundation, inherently focuses on distributing funds to other nonprofits, making its 'program spending' essentially its grant disbursements. This direct flow of funds to charitable causes, combined with minimal overhead, positions the Lattner Family Foundation as a highly efficient and transparent philanthropic entity.