Quick charity verification for Legal Aid Of Wyoming Inc (EIN: 205552001)
Verdict: Legal Aid Of Wyoming Inc appears trustworthy
80/100Mission Score
$1.7MRevenue
$645KAssets
2Red Flags
3Strengths
Red Flags
Significantly increasing liabilities relative to assets, from $78,239 in 202012 to $411,950 in 202312.
Consistent 0% officer compensation, which is unusual for an organization with over $1.7 million in annual revenue and warrants further investigation into leadership compensation structures.
Strengths
Consistent financial operations with revenues generally exceeding expenses in recent years (e.g., $1,814,421 revenue vs. $1,771,022 expenses in 202312).
Long history of IRS 990 filings (13 filings), indicating good regulatory compliance and transparency.
Growth in assets over the past decade, from $77,738 in 201412 to $504,577 in 202312.
Spending Breakdown
How Legal Aid Of Wyoming 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 Legal Aid Of Wyoming Inc
Is Legal Aid Of Wyoming Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Legal Aid Of Wyoming Inc (EIN: 205552001) appears trustworthy. Mission Score: 80/100. 2 red flags identified, 3 strengths noted.
Is Legal Aid Of Wyoming Inc a good charity to donate to?
Legal Aid Of Wyoming Inc has a Mission Score of 80/100. Revenue: $1.7M. Assets: $645K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Legal Aid Of Wyoming Inc?
The Employer Identification Number (EIN) for Legal Aid Of Wyoming Inc is 205552001. 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 Legal Aid Of Wyoming Inc spend its money?
Legal Aid Of Wyoming Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Legal Aid Of Wyoming Inc's tax-exempt status?
You can verify Legal Aid Of Wyoming Inc's tax-exempt status using EIN 205552001 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
Legal Aid Of Wyoming Inc demonstrates consistent financial activity, with revenues and expenses generally increasing over the past decade. In the most recent filing (202312), the organization reported revenues of $1,814,421 against expenses of $1,771,022, indicating a slight surplus. While the organization's assets have grown, reaching $504,577 in 202312, liabilities have also increased significantly, standing at $411,950 in the same period. This high liability-to-asset ratio warrants closer examination to understand the nature of these obligations.
The organization consistently reports 0% officer compensation across all available filings, which is a notable aspect of its financial management and suggests a strong commitment to directing funds towards its mission rather than executive pay. However, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. The consistent filing of IRS 990 forms over 13 periods indicates a commitment to regulatory transparency.