Is League Of Agricultural Equine Centers Inc Legit?
Quick charity verification for League Of Agricultural Equine Centers Inc (EIN: 10742836)
Verdict: League Of Agricultural Equine Centers Inc appears trustworthy
90/100Mission Score
$118KRevenue
$119KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Zero reported liabilities across all 13 filings, indicating excellent financial stability.
0% officer compensation reported, suggesting efficient use of funds and volunteer leadership.
Consistent positive asset base relative to revenue, demonstrating sound financial management.
Regular and consistent IRS 990 filing history, indicating strong transparency and compliance.
Positive net income in most recent years (e.g., $30,687 in 2023), showing financial health.
Spending Breakdown
How League Of Agricultural Equine Centers 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 League Of Agricultural Equine Centers Inc
Is League Of Agricultural Equine Centers Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, League Of Agricultural Equine Centers Inc (EIN: 10742836) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is League Of Agricultural Equine Centers Inc a good charity to donate to?
League Of Agricultural Equine Centers Inc has a Mission Score of 90/100. Revenue: $118K. Assets: $119K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for League Of Agricultural Equine Centers Inc?
The Employer Identification Number (EIN) for League Of Agricultural Equine Centers Inc is 10742836. 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 League Of Agricultural Equine Centers Inc spend its money?
League Of Agricultural Equine Centers Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify League Of Agricultural Equine Centers Inc's tax-exempt status?
You can verify League Of Agricultural Equine Centers Inc's tax-exempt status using EIN 10742836 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
The League Of Agricultural Equine Centers Inc demonstrates consistent financial stability with a positive net income in most recent years, such as 2023 where revenue of $182,780 exceeded expenses of $152,093. The organization maintains a healthy asset base relative to its revenue, with $110,960 in assets in 2023 and no reported liabilities across all filings, indicating strong financial management and solvency. Their spending efficiency appears robust, as evidenced by the absence of officer compensation, suggesting that resources are primarily directed towards programmatic activities and operational costs rather than executive salaries. The consistent filing of IRS Form 990s over 13 periods, coupled with zero reported liabilities, points to a high degree of financial transparency and accountability. While specific program spending ratios would provide more granular detail, the overall financial health and operational practices suggest a well-managed nonprofit.