Quick charity verification for Lawschool Admissions Council Inc (EIN: 132998164)
Verdict: Lawschool Admissions Council Inc appears trustworthy
75/100Mission Score
$112.3MRevenue
$290.4MAssets
3Red Flags
3Strengths
Red Flags
Consistent operating deficits in recent years (e.g., 202306, 202206)
Unusually low (0%) reported officer compensation for an organization of this size, raising questions about transparency of executive pay
Significant fluctuation in revenue year-over-year (e.g., $131M in 202106 down to $97M in 202306)
Strengths
Substantial asset base ($290,409,559) providing financial stability
History of significant revenue generation, peaking at $131M in 202106
Long filing history (13 filings) indicating consistent compliance with IRS reporting
Spending Breakdown
How Lawschool Admissions Council 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 Lawschool Admissions Council Inc
Is Lawschool Admissions Council Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lawschool Admissions Council Inc (EIN: 132998164) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Lawschool Admissions Council Inc a good charity to donate to?
Lawschool Admissions Council Inc has a Mission Score of 75/100. Revenue: $112.3M. Assets: $290.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lawschool Admissions Council Inc?
The Employer Identification Number (EIN) for Lawschool Admissions Council Inc is 132998164. 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 Lawschool Admissions Council Inc spend its money?
Lawschool Admissions Council Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lawschool Admissions Council Inc's tax-exempt status?
You can verify Lawschool Admissions Council Inc's tax-exempt status using EIN 132998164 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 Lawschool Admissions Council Inc. (LSAC) demonstrates a generally stable financial position with significant assets, reaching $290,409,559 in its latest filing. However, recent years show a trend of expenses exceeding revenue, such as in 202306 where expenses were $114,057,410 against revenues of $97,577,683, and in 202206 with expenses of $100,569,318 against revenues of $91,624,311. This indicates a reliance on reserves or other income streams to cover operational costs. The organization's NTEE code B900 (Other Education) suggests a focus on educational programs, which aligns with its mission. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its transparency and compensation practices, indicating that top executives are not compensated directly through the organization's reported officer compensation line item, or that this information is reported elsewhere in the filing.