Is Leadership For Educational Achievement Foundation Inc Legit?
Quick charity verification for Leadership For Educational Achievement Foundation Inc (EIN: 208206775)
Verdict: Leadership For Educational Achievement Foundation Inc appears trustworthy
92/100Mission Score
$3.6MRevenue
$2.0MAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation for an organization with growing revenue of nearly $3 million, which could indicate compensation is reported under other categories or that the executive leadership is entirely volunteer-based, which is uncommon for this scale.
Strengths
Strong and consistent revenue growth, particularly in recent years (e.g., from $732,185 in 2021 to $2,932,245 in 2023).
Healthy asset base ($1,734,567 in 2023) relative to liabilities ($283,779 in 2023), indicating financial stability.
Consistent reporting of 0% officer compensation, suggesting a high dedication of funds to programs.
Positive net income in most recent filings (e.g., $2,932,245 revenue vs. $2,654,978 expenses in 2023).
Spending Breakdown
How Leadership For Educational Achievement Foundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Leadership For Educational Achievement Foundation Inc
Is Leadership For Educational Achievement Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Leadership For Educational Achievement Foundation Inc (EIN: 208206775) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Leadership For Educational Achievement Foundation Inc a good charity to donate to?
Leadership For Educational Achievement Foundation Inc has a Mission Score of 92/100. Revenue: $3.6M. Assets: $2.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Leadership For Educational Achievement Foundation Inc?
The Employer Identification Number (EIN) for Leadership For Educational Achievement Foundation Inc is 208206775. 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 Leadership For Educational Achievement Foundation Inc spend its money?
Leadership For Educational Achievement Foundation Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Leadership For Educational Achievement Foundation Inc's tax-exempt status?
You can verify Leadership For Educational Achievement Foundation Inc's tax-exempt status using EIN 208206775 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
Leadership For Educational Achievement Foundation Inc demonstrates a strong financial trajectory, with revenue growing significantly from $732,185 in 2021 to $2,932,245 in 2023. This growth indicates increasing support for its mission. The organization consistently maintains a healthy financial position, with assets growing from $1,079,531 in 2021 to $1,734,567 in 2023, while liabilities remain manageable relative to assets. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of financial transparency and a commitment to directing funds towards programmatic activities rather than executive salaries. This practice is a strong indicator of spending efficiency and donor trust.