Is Le Club Calumet Educational & Literary Foundation Legit?
Quick charity verification for Le Club Calumet Educational & Literary Foundation (EIN: 16023503)
Verdict: Le Club Calumet Educational & Literary Foundation appears trustworthy
92/100Mission Score
$1.1MRevenue
$3.6MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, increasing from $853,906 in 2012 to $3,483,456 in 2023.
Zero officer compensation reported across all filings, indicating volunteer leadership and high efficiency.
Low liabilities relative to assets, with liabilities at $45,000 against assets of $3,483,456 in 2023.
Expenses consistently lower than revenue in most years, demonstrating good financial management.
Strong program focus implied by the absence of executive compensation and low overall expenses relative to revenue.
Spending Breakdown
How Le Club Calumet Educational & Literary Foundation 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 Le Club Calumet Educational & Literary Foundation
Is Le Club Calumet Educational & Literary Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Le Club Calumet Educational & Literary Foundation (EIN: 16023503) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Le Club Calumet Educational & Literary Foundation a good charity to donate to?
Le Club Calumet Educational & Literary Foundation has a Mission Score of 92/100. Revenue: $1.1M. Assets: $3.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Le Club Calumet Educational & Literary Foundation?
The Employer Identification Number (EIN) for Le Club Calumet Educational & Literary Foundation is 16023503. 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 Le Club Calumet Educational & Literary Foundation spend its money?
Le Club Calumet Educational & Literary Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Le Club Calumet Educational & Literary Foundation's tax-exempt status?
You can verify Le Club Calumet Educational & Literary Foundation's tax-exempt status using EIN 16023503 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
Le Club Calumet Educational & Literary Foundation demonstrates a generally healthy financial position with consistent asset growth over the past decade, increasing from $853,906 in 2012 to $3,483,456 in 2023. The organization's revenue has fluctuated significantly year-to-year, with a notable peak of $719,514 in 2016 and $693,218 in 2021, indicating reliance on potentially sporadic funding sources or large one-time contributions. Expenses have remained relatively low and stable compared to revenue in most years, suggesting efficient operations. The foundation consistently reports 0% officer compensation, which is a strong indicator of volunteer leadership and a commitment to directing funds towards its mission rather than executive salaries. This practice enhances its transparency and financial efficiency.