Quick charity verification for Ldm Community Developmentcorporation (EIN: 208765223)
Verdict: Ldm Community Developmentcorporation appears trustworthy
85/100Mission Score
$1.1MRevenue
$381KAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed program, administrative, and fundraising expense breakdown in provided data (though this is a limitation of the provided data, not necessarily the organization's filing itself).
Strengths
Consistent reporting of 0% officer compensation, indicating efficient use of funds for mission.
Strong financial stability with consistent revenues and expenses.
Excellent liability management, reporting $0 liabilities in recent years.
Positive trend in asset growth, from $99,241 in 2016 to $381,223 currently.
Long history of IRS 990 filings (14 filings), demonstrating commitment to compliance and transparency.
Spending Breakdown
How Ldm Community Developmentcorporation 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 Ldm Community Developmentcorporation
Is Ldm Community Developmentcorporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Ldm Community Developmentcorporation (EIN: 208765223) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is Ldm Community Developmentcorporation a good charity to donate to?
Ldm Community Developmentcorporation has a Mission Score of 85/100. Revenue: $1.1M. Assets: $381K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ldm Community Developmentcorporation?
The Employer Identification Number (EIN) for Ldm Community Developmentcorporation is 208765223. 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 Ldm Community Developmentcorporation spend its money?
Ldm Community Developmentcorporation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ldm Community Developmentcorporation's tax-exempt status?
You can verify Ldm Community Developmentcorporation's tax-exempt status using EIN 208765223 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
Ldm Community Developmentcorporation demonstrates consistent financial activity, with revenues fluctuating but generally staying within the $600,000 to $900,000 range over the past decade, reaching a high of $1,126,365 in its latest reported period. The organization consistently reports zero liabilities in recent years (2018-2023), indicating a strong balance sheet and fiscal responsibility. Its assets have shown growth, from $99,241 in 2016 to $381,223 currently, suggesting prudent financial management and accumulation of resources.
The organization's spending efficiency appears strong, as expenses are consistently close to revenues, indicating that funds are being utilized for operations rather than accumulating excessively or operating at significant deficits. For instance, in 2023, revenues were $943,747 against expenses of $893,172. A notable aspect of its transparency is the consistent reporting of 0% officer compensation across all available filings, which suggests that executive leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can be a positive sign for donor confidence.
While specific program, administrative, and fundraising expense breakdowns are not provided in the summary data, the overall financial health appears stable with a positive trend in asset growth and a commitment to keeping liabilities at zero. The consistent filing of IRS Form 990s over 14 periods also points to a commitment to regulatory compliance and transparency.