Quick charity verification for Legacy Village Greenhousecorporation (EIN: 205490961)
Verdict: Legacy Village Greenhousecorporation shows mixed signals
65/100Mission Score
$2.0MRevenue
$4.3MAssets
2Red Flags
3Strengths
Red Flags
Consistent and significant negative net assets (liabilities exceeding assets) over a decade, indicating potential solvency issues.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary data, hindering full efficiency assessment.
Strengths
Consistent filing of IRS Form 990s for over a decade, demonstrating regulatory compliance.
Zero reported officer compensation across all filings, indicating a commitment to minimizing executive overhead.
Stable revenue generation, generally exceeding $1.3 million annually, suggesting consistent operational activity.
Spending Breakdown
How Legacy Village Greenhousecorporation allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Village Greenhousecorporation
Is Legacy Village Greenhousecorporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Legacy Village Greenhousecorporation (EIN: 205490961) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
Is Legacy Village Greenhousecorporation a good charity to donate to?
Legacy Village Greenhousecorporation has a Mission Score of 65/100. Revenue: $2.0M. Assets: $4.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Legacy Village Greenhousecorporation?
The Employer Identification Number (EIN) for Legacy Village Greenhousecorporation is 205490961. 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 Village Greenhousecorporation spend its money?
Legacy Village Greenhousecorporation allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Legacy Village Greenhousecorporation's tax-exempt status?
You can verify Legacy Village Greenhousecorporation's tax-exempt status using EIN 205490961 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 Village Greenhousecorporation demonstrates consistent operational activity with revenues generally exceeding $1.3 million annually over the past decade, peaking at $2.4 million in 2015. However, the organization has consistently reported liabilities significantly higher than its assets, with liabilities of $7,059,660 against assets of $4,334,897 in 2020, indicating a potential long-term solvency concern. While the organization has managed to keep expenses close to or below revenue in recent years, such as in 2020 where expenses were $1,984,282 against revenues of $2,043,514, the overall financial structure suggests a reliance on debt or other long-term obligations.
The organization's spending efficiency cannot be fully assessed without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of zero officer compensation across all filings suggests a commitment to minimizing overhead in this area, which is a positive indicator for donor confidence. The consistent filing of IRS Form 990s over a decade indicates a commitment to regulatory compliance and basic transparency.
Despite the positive aspect of zero officer compensation, the substantial and persistent negative net assets (liabilities exceeding assets) raise questions about the organization's long-term financial sustainability and its ability to absorb unexpected financial shocks. Further analysis of the specific nature of these liabilities would be crucial for a complete understanding of its financial health.