Quick charity verification for Leaders Of Texas Foundation Inc (EIN: 204381098)
Verdict: Leaders Of Texas Foundation Inc appears trustworthy
85/100Mission Score
$1.7MRevenue
$2.6MAssets
2Red Flags
4Strengths
Red Flags
Significant increase in liabilities from $16,568 in 2015 to $1,336,302 in 2023, warranting closer examination.
Revenue decreased by over $1 million from 2022 to 2023, from $2,521,288 to $1,406,897, which could indicate operational challenges or a shift in funding.
Strengths
Consistent reporting of $0 officer compensation, indicating high efficiency and dedication of resources to mission.
Strong asset growth over the past decade, from $625,183 in 2015 to $2,954,773 in 2023.
Long history of IRS 990 filings (13 filings), suggesting consistent compliance and operational longevity.
Revenues consistently above $1 million for the past decade, demonstrating a robust funding base.
Spending Breakdown
How Leaders Of Texas Foundation 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
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 Leaders Of Texas Foundation Inc
Is Leaders Of Texas Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Leaders Of Texas Foundation Inc (EIN: 204381098) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Leaders Of Texas Foundation Inc a good charity to donate to?
Leaders Of Texas Foundation Inc has a Mission Score of 85/100. Revenue: $1.7M. Assets: $2.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Leaders Of Texas Foundation Inc?
The Employer Identification Number (EIN) for Leaders Of Texas Foundation Inc is 204381098. 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 Leaders Of Texas Foundation Inc spend its money?
Leaders Of Texas Foundation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Leaders Of Texas Foundation Inc's tax-exempt status?
You can verify Leaders Of Texas Foundation Inc's tax-exempt status using EIN 204381098 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
Leaders Of Texas Foundation Inc demonstrates a generally stable financial history, with revenues consistently exceeding $1 million over the past decade. While the organization experienced a dip in revenue from $2,521,288 in 2022 to $1,406,897 in 2023, its assets have grown significantly over time, from $625,183 in 2015 to $2,954,773 in 2023, indicating a healthy accumulation of resources. The organization's liabilities have also increased, reaching $1,336,302 in 2023, which warrants monitoring but is offset by substantial assets.
The absence of reported officer compensation across all available filings suggests a high degree of financial efficiency and a strong commitment to directing funds towards its mission, rather than executive salaries. This practice enhances donor confidence and indicates a lean operational structure. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The consistent growth in assets and revenue, coupled with zero reported officer compensation, points to a well-managed and financially prudent organization.
Transparency is strong regarding executive compensation, as it consistently reports $0. However, the lack of detailed expense breakdowns in the provided data makes it difficult to fully assess the efficiency of program delivery versus administrative overhead. Further scrutiny of their full 990 forms would be necessary to determine the exact allocation of expenses and provide a more granular view of their operational efficiency.