Is Lawyers Concerned For Lawyers Connecticut Inc Legit?

Quick charity verification for Lawyers Concerned For Lawyers Connecticut Inc (EIN: 202889316)

Verdict: Lawyers Concerned For Lawyers Connecticut Inc appears trustworthy

88/100Mission Score
$324KRevenue
$352KAssets
2Red Flags
5Strengths

Red Flags

Strengths

Spending Breakdown

How Lawyers Concerned For Lawyers Connecticut 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 Concerned For Lawyers Connecticut Inc

Is Lawyers Concerned For Lawyers Connecticut Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Lawyers Concerned For Lawyers Connecticut Inc (EIN: 202889316) appears trustworthy. Mission Score: 88/100. 2 red flags identified, 5 strengths noted.

Is Lawyers Concerned For Lawyers Connecticut Inc a good charity to donate to?

Lawyers Concerned For Lawyers Connecticut Inc has a Mission Score of 88/100. Revenue: $324K. Assets: $352K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Lawyers Concerned For Lawyers Connecticut Inc?

The Employer Identification Number (EIN) for Lawyers Concerned For Lawyers Connecticut Inc is 202889316. 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 Concerned For Lawyers Connecticut Inc spend its money?

Lawyers Concerned For Lawyers Connecticut Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Lawyers Concerned For Lawyers Connecticut Inc's tax-exempt status?

You can verify Lawyers Concerned For Lawyers Connecticut Inc's tax-exempt status using EIN 202889316 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 Concerned For Lawyers Connecticut Inc demonstrates consistent financial health with a positive trend in revenue and assets over the past several years. For example, revenue grew from $221,895 in 2020 to $336,990 in 2024, and assets increased from $118,166 to $323,111 in the same period. The organization consistently spends less than its revenue, leading to healthy asset accumulation. The absence of reported officer compensation across all filings suggests a volunteer-driven leadership or that compensation is reported under other expense categories, which could impact the perceived efficiency if not clearly disclosed elsewhere. The organization's liabilities are consistently low, indicating good financial management and minimal debt burden. Spending efficiency appears strong, as expenses are consistently below revenue, allowing for growth in net assets. While a detailed breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the overall financial picture suggests a well-managed operation. The consistent growth in assets, from $103,266 in 2019 to $323,111 in 2024, indicates effective financial stewardship and the ability to build reserves. The organization's transparency is generally good, with regular IRS 990 filings available, though more granular expense details would further enhance understanding of their operational efficiency. Overall, Lawyers Concerned For Lawyers Connecticut Inc appears to be a financially stable and growing organization. Their ability to consistently generate more revenue than expenses, coupled with low liabilities and no reported officer compensation, points to a lean and effective operation. The increasing asset base provides a solid foundation for future program delivery and sustainability. Further insight into the specific allocation of expenses would provide a more complete picture of their spending efficiency across different categories.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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