Quick charity verification for Laughlin Charitable Foundation (EIN: 205347944)
Verdict: Laughlin Charitable Foundation appears trustworthy
70/100Mission Score
$152KRevenue
$1.5MAssets
2Red Flags
3Strengths
Red Flags
Inconsistent and sometimes zero expense reporting (e.g., $0 expenses in 202312) makes financial analysis challenging.
Extremely low revenue reported in some years (e.g., $1 in 202212) raises questions about operational funding sources if not solely endowment-driven.
Strengths
Consistently reports 0% officer compensation, indicating very low administrative overhead for leadership.
Maintains a substantial asset base (over $1.4 million in latest filing), providing financial stability.
Low liabilities (consistently $1 or $0) suggest strong financial management and minimal debt.
Spending Breakdown
How Laughlin Charitable Foundation allocates its funds across programs, administration, and fundraising.
100%
Program Spending
Healthy — majority goes to mission
0%
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 Laughlin Charitable Foundation
Is Laughlin Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Laughlin Charitable Foundation (EIN: 205347944) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Laughlin Charitable Foundation a good charity to donate to?
Laughlin Charitable Foundation has a Mission Score of 70/100. Revenue: $152K. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Laughlin Charitable Foundation?
The Employer Identification Number (EIN) for Laughlin Charitable Foundation is 205347944. 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 Laughlin Charitable Foundation spend its money?
Laughlin Charitable Foundation allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Laughlin Charitable Foundation's tax-exempt status?
You can verify Laughlin Charitable Foundation's tax-exempt status using EIN 205347944 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 Laughlin Charitable Foundation exhibits a unique financial profile. While its latest reported revenue is $151,702 and assets stand at $1,452,941, a closer look at its filing history reveals inconsistent operational patterns. For instance, in Period 202312, the organization reported $40,415 in revenue but $0 in expenses, which is highly unusual for an active charity. Conversely, in Period 202212, it reported only $1 in revenue against $69,500 in expenses. This suggests that the foundation may primarily function as a grant-making entity, distributing funds from its asset base rather than actively raising and spending large amounts annually on programs directly. The consistent reporting of $1 in liabilities across multiple years, and zero officer compensation, points to a lean administrative structure and potentially a volunteer-driven or very small operational footprint. However, the lack of detailed expense breakdowns in the provided data makes it difficult to fully assess spending efficiency beyond the top-line figures. The significant asset base relative to fluctuating annual revenues and expenses indicates a focus on long-term endowment management.