Quick charity verification for Legacy Builders Foundation (EIN: 208877655)
Verdict: Legacy Builders Foundation has notable concerns
10/100Mission Score
$0Revenue
$1Assets
2Red Flags
2Strengths
Red Flags
Consistent $0 revenue and expenses for nine years, indicating inactivity.
Minimal assets ($1) with no growth over several years.
Strengths
Consistent filing of IRS 990 forms, demonstrating compliance with reporting requirements.
No reported liabilities across all filing periods.
Spending Breakdown
How Legacy Builders Foundation allocates its funds across programs, administration, and fundraising.
0%
Program Spending
Concerning — less than half to programs
0%
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 Legacy Builders Foundation
Is Legacy Builders Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Legacy Builders Foundation (EIN: 208877655) has notable concerns. Mission Score: 10/100. 2 red flags identified, 2 strengths noted.
Is Legacy Builders Foundation a good charity to donate to?
Legacy Builders Foundation has a Mission Score of 10/100. Revenue: $0. Assets: $1. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Legacy Builders Foundation?
The Employer Identification Number (EIN) for Legacy Builders Foundation is 208877655. 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 Legacy Builders Foundation spend its money?
Legacy Builders Foundation allocates 0% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Legacy Builders Foundation's tax-exempt status?
You can verify Legacy Builders Foundation's tax-exempt status using EIN 208877655 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
Legacy Builders Foundation appears to be a non-operating entity based on its consistent IRS 990 filings. For nine consecutive years (2010-2018), the organization has reported $0 in revenue and $0 in expenses. Its assets have remained at a nominal $1 for the past seven years, with no reported liabilities. This financial inactivity suggests it is either a dormant organization, a holding entity, or has not yet commenced significant operations.
Given the complete lack of financial activity, assessing spending efficiency is not possible as there are no expenditures to analyze. The organization's transparency is adequate in that it has consistently filed its required IRS 990 forms, indicating compliance with reporting obligations. However, the filings themselves offer no insight into programmatic impact or financial management beyond the fact of its inactivity.
Without any operational data, it's impossible to determine if the organization is effectively pursuing its stated mission or how it manages any potential future funds. Its current financial state provides no basis for evaluating financial health in the traditional sense, as there is no income or outflow of funds.