Is Le Passe Temps Inc Legit?

Spending Breakdown

How Le Passe Temps 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

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 Passe Temps Inc

Is Le Passe Temps Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Le Passe Temps Inc (EIN: 10135937) appears trustworthy. Mission Score: 88/100. 1 red flag identified, 5 strengths noted.

Is Le Passe Temps Inc a good charity to donate to?

Le Passe Temps Inc has a Mission Score of 88/100. Revenue: $423K. Assets: $667K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Le Passe Temps Inc?

The Employer Identification Number (EIN) for Le Passe Temps Inc is 10135937. 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 Passe Temps Inc spend its money?

Le Passe Temps Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Le Passe Temps Inc's tax-exempt status?

You can verify Le Passe Temps Inc's tax-exempt status using EIN 10135937 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 Passe Temps Inc demonstrates consistent financial stability with a healthy asset base relative to its annual revenue. The organization has consistently maintained zero liabilities across all reported periods, indicating strong financial management and a lack of debt. While revenue and expenses fluctuate year-to-year, the organization generally operates with a surplus or near break-even, as seen in 2023 with revenues of $315,329 against expenses of $268,971, contributing to asset growth. The absence of reported officer compensation across all filings suggests a volunteer-led or very lean administrative structure, which can be a positive indicator of efficiency.

The organization's spending efficiency appears strong, particularly given the lack of officer compensation. Without a detailed breakdown of program, administrative, and fundraising expenses in the provided data, it's challenging to precisely quantify efficiency ratios. However, the consistent growth in assets from $441,982 in 2014 to $646,024 in 2023, coupled with minimal liabilities, suggests that resources are being managed effectively and retained within the organization. The consistent filing of IRS 990 forms over 13 periods demonstrates a commitment to transparency.

Overall, Le Passe Temps Inc appears to be a financially sound and well-managed nonprofit. Its consistent asset growth, lack of debt, and absence of officer compensation are strong indicators of fiscal responsibility. Further analysis would benefit from a detailed breakdown of expenses to fully assess program spending efficiency, but the available data paints a positive picture of financial health and operational integrity.

Verdict: Le Passe Temps Inc appears trustworthy

Red Flags

Strengths