Quick charity verification for Lc And Mary Worley Memorialfoundation (EIN: 203964693)
Verdict: Lc And Mary Worley Memorialfoundation appears trustworthy
85/100Mission Score
$1.2MRevenue
$7.1MAssets
2Red Flags
4Strengths
Red Flags
Consistent net operating losses (expenses exceeding revenue) in most recent years, leading to asset depletion.
Significant fluctuation in annual revenue, making financial planning potentially challenging.
Strengths
Zero officer compensation, indicating efficient use of funds for its mission.
Very low liabilities, suggesting strong financial management and minimal debt.
Consistent filing of IRS Form 990s, demonstrating transparency.
NTEE code T20 (Private Grantmaking Foundations) suggests a clear focus on philanthropic distribution.
Spending Breakdown
How Lc And Mary Worley Memorialfoundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Lc And Mary Worley Memorialfoundation
Is Lc And Mary Worley Memorialfoundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Lc And Mary Worley Memorialfoundation (EIN: 203964693) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Lc And Mary Worley Memorialfoundation a good charity to donate to?
Lc And Mary Worley Memorialfoundation has a Mission Score of 85/100. Revenue: $1.2M. Assets: $7.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lc And Mary Worley Memorialfoundation?
The Employer Identification Number (EIN) for Lc And Mary Worley Memorialfoundation is 203964693. 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 Lc And Mary Worley Memorialfoundation spend its money?
Lc And Mary Worley Memorialfoundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lc And Mary Worley Memorialfoundation's tax-exempt status?
You can verify Lc And Mary Worley Memorialfoundation's tax-exempt status using EIN 203964693 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 Lc And Mary Worley Memorialfoundation appears to be a grant-making organization, as indicated by its NTEE code T20 (Private Grantmaking Foundations). Its financial health shows a consistent decline in assets over the past decade, from $9,210,571 in 2012 to $7,151,346 in 2023, suggesting that it is spending down its endowment. Revenue has fluctuated significantly, with a notable spike in 2012 ($7,730,390) which was an outlier compared to subsequent years where revenue typically ranged from $200,000 to $500,000.
The organization consistently reports zero officer compensation, which is a positive indicator for resource allocation directly to its mission. However, without detailed expense breakdowns (program, administrative, fundraising) from the provided data, a precise assessment of spending efficiency is challenging. The consistent reporting of minimal liabilities ($1 in recent years) suggests sound financial management in terms of debt. Transparency is generally good through its regular 990 filings, but the lack of detailed expense categories in the provided summary limits a deeper analysis of how funds are specifically utilized.