Quick charity verification for Lawyers Collaborative For Diversity Inc (EIN: 200585125)
Verdict: Lawyers Collaborative For Diversity Inc appears trustworthy
90/100Mission Score
$163KRevenue
$178KAssets
1Red Flags
5Strengths
Red Flags
Specific program spending details are not itemized in the provided summary data, making it difficult to precisely assess program efficiency.
Strengths
Consistent revenue growth, from $109,050 in 2015 to $187,800 in 2023.
Significant asset growth, from $1,327 in 2015 to $214,211 in 2023.
0% officer compensation reported across all filings, indicating high financial efficiency.
Positive net assets and generally low liabilities, demonstrating financial stability.
Consistent IRS 990 filing history, indicating good transparency.
Spending Breakdown
How Lawyers Collaborative For Diversity Inc 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 Lawyers Collaborative For Diversity Inc
Is Lawyers Collaborative For Diversity Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lawyers Collaborative For Diversity Inc (EIN: 200585125) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is Lawyers Collaborative For Diversity Inc a good charity to donate to?
Lawyers Collaborative For Diversity Inc has a Mission Score of 90/100. Revenue: $163K. Assets: $178K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lawyers Collaborative For Diversity Inc?
The Employer Identification Number (EIN) for Lawyers Collaborative For Diversity Inc is 200585125. 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 Lawyers Collaborative For Diversity Inc spend its money?
Lawyers Collaborative For Diversity Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lawyers Collaborative For Diversity Inc's tax-exempt status?
You can verify Lawyers Collaborative For Diversity Inc's tax-exempt status using EIN 200585125 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
Lawyers Collaborative For Diversity Inc demonstrates consistent financial stability and growth over the past decade. With latest reported revenue of $162,725 and assets of $177,991, the organization maintains a healthy financial position. The organization consistently reports 0% officer compensation, indicating a strong commitment to directing funds towards its mission rather than executive salaries. While specific program spending details are not provided in the summary data, the consistent growth in assets from $1,327 in 2015 to $214,211 in 2023 suggests effective financial management and accumulation of resources. The organization's transparency is good, with a consistent filing history of IRS Form 990s.