Quick charity verification for Laudholm Trust (EIN: 10380763)
Verdict: Laudholm Trust appears trustworthy
90/100Mission Score
$927KRevenue
$11.9MAssets
1Red Flags
3Strengths
Red Flags
Expenses exceeded revenue in the most recent two fiscal periods (2023 and 2022), though covered by assets.
Strengths
Consistent 0% officer compensation across all filings, indicating high transparency and mission focus.
Significant asset growth from $5.8 million in 2014 to over $11 million in 2023, demonstrating strong financial management.
Stable revenue generation over the past decade, averaging around $850,000 annually.
Spending Breakdown
How Laudholm Trust allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Laudholm Trust
Is Laudholm Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Laudholm Trust (EIN: 10380763) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 3 strengths noted.
Is Laudholm Trust a good charity to donate to?
Laudholm Trust has a Mission Score of 90/100. Revenue: $927K. Assets: $11.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Laudholm Trust?
The Employer Identification Number (EIN) for Laudholm Trust is 10380763. 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 Laudholm Trust spend its money?
Laudholm Trust allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Laudholm Trust's tax-exempt status?
You can verify Laudholm Trust's tax-exempt status using EIN 10380763 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
Laudholm Trust demonstrates a generally stable financial position with consistent revenue streams, averaging around $850,000 annually over the past decade. The organization has shown healthy asset growth, increasing from $5.8 million in 2014 to over $11 million in 2023, indicating effective asset management and potentially successful fundraising efforts. While expenses have occasionally exceeded revenue, such as in 2023 ($1,042,242 expenses vs. $954,746 revenue) and 2022 ($861,838 expenses vs. $791,469 revenue), these deficits appear to be covered by existing assets and do not suggest a long-term solvency issue. The consistent reporting of 0% officer compensation across all filings is a strong indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries, which is a significant positive for donor confidence.