Is Lctcs Foundation Legit?

Quick charity verification for Lctcs Foundation (EIN: 205432053)

Verdict: Lctcs Foundation appears trustworthy

90/100Mission Score
$1.1MRevenue
$3.5MAssets
2Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Lctcs Foundation 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 Lctcs Foundation

Is Lctcs Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Lctcs Foundation (EIN: 205432053) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 3 strengths noted.

Is Lctcs Foundation a good charity to donate to?

Lctcs Foundation has a Mission Score of 90/100. Revenue: $1.1M. Assets: $3.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Lctcs Foundation?

The Employer Identification Number (EIN) for Lctcs Foundation is 205432053. 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 Lctcs Foundation spend its money?

Lctcs Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Lctcs Foundation's tax-exempt status?

You can verify Lctcs Foundation's tax-exempt status using EIN 205432053 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 Lctcs Foundation demonstrates a fluctuating but generally positive financial trajectory, with assets growing from $2,097,785 in 2014 to $4,019,463 in 2023. Revenue has shown significant variability year-over-year, peaking at $2,094,680 in 2022 and experiencing a slight decline to $1,772,985 in 2023. The organization consistently reports 0% officer compensation, which is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries. While the specific breakdown of program, administrative, and fundraising expenses is not provided in the summary data, the absence of officer compensation suggests a lean operational structure at the top. In terms of spending efficiency, the foundation has periods where expenses exceed revenue, such as in 2023 ($1,860,646 expenses vs. $1,772,985 revenue) and 2017 ($1,105,418 expenses vs. $872,509 revenue), indicating reliance on prior year surpluses or asset drawdowns. However, there are also years of significant surpluses, like 2022 where revenue ($2,094,680) substantially exceeded expenses ($1,038,235). The consistent reporting of 0% officer compensation across all available filings is a significant strength regarding transparency and efficient use of donor funds for leadership costs. Further analysis would require detailed expense breakdowns to fully assess program efficiency.

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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