Quick charity verification for Lawrence Beach Club Inc (EIN: 110988860)
Verdict: Lawrence Beach Club Inc appears trustworthy
75/100Mission Score
$5.8MRevenue
$6.3MAssets
3Red Flags
3Strengths
Red Flags
Lack of detailed functional expense breakdown (program, admin, fundraising) in provided data
NTEE Code is unknown, making it difficult to categorize its mission and compare to peers
Consistent 0% officer compensation for an organization of this size is unusual and warrants further investigation into how leadership is compensated or structured.
Strengths
Consistent financial stability with revenues generally exceeding expenses
Steady growth in assets over the past decade, from $4,295,305 in 2014 to $6,148,319 in 2023
No reported officer compensation, indicating a potentially volunteer-driven leadership or alternative compensation structure.
Spending Breakdown
How Lawrence Beach Club Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Lawrence Beach Club Inc
Is Lawrence Beach Club Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lawrence Beach Club Inc (EIN: 110988860) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Lawrence Beach Club Inc a good charity to donate to?
Lawrence Beach Club Inc has a Mission Score of 75/100. Revenue: $5.8M. Assets: $6.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lawrence Beach Club Inc?
The Employer Identification Number (EIN) for Lawrence Beach Club Inc is 110988860. 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 Lawrence Beach Club Inc spend its money?
Lawrence Beach Club Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lawrence Beach Club Inc's tax-exempt status?
You can verify Lawrence Beach Club Inc's tax-exempt status using EIN 110988860 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
Lawrence Beach Club Inc. demonstrates consistent financial stability with revenues generally exceeding expenses over the past decade. For instance, in 2023, revenue was $4,611,227 against expenses of $4,607,581, indicating a near break-even operation. The organization's assets have also shown steady growth, reaching $6,148,319 in 2023 from $4,295,305 in 2014, suggesting sound asset management. However, without detailed functional expense breakdowns (program, administrative, fundraising) in the provided data, it's challenging to fully assess spending efficiency and program focus. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its financial transparency regarding executive pay.