Quick charity verification for Legal Services For The Elderly Inc (EIN: 10359131)
Verdict: Legal Services For The Elderly Inc appears trustworthy
92/100Mission Score
$3.5MRevenue
$2.3MAssets
1Red Flags
5Strengths
Red Flags
Unusually low or 0% officer compensation reported, which might warrant further investigation into how executive leadership is structured and compensated if at all.
Strengths
Consistent revenue growth over the past decade, from $2,244,700 in 201409 to $2,846,172 in 202309.
Healthy asset growth, increasing from $1,356,288 in 201409 to $1,820,829 in 202309.
Expenses are well-managed and generally below or very close to revenue, indicating efficient operations.
No officer compensation reported across all filings, suggesting a strong commitment to directing funds to programs.
Positive net income in most recent filing periods, contributing to asset accumulation and financial resilience.
Spending Breakdown
How Legal Services For The Elderly 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 Legal Services For The Elderly Inc
Is Legal Services For The Elderly Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Legal Services For The Elderly Inc (EIN: 10359131) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Legal Services For The Elderly Inc a good charity to donate to?
Legal Services For The Elderly Inc has a Mission Score of 92/100. Revenue: $3.5M. Assets: $2.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Legal Services For The Elderly Inc?
The Employer Identification Number (EIN) for Legal Services For The Elderly Inc is 10359131. 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 Services For The Elderly Inc spend its money?
Legal Services For The Elderly Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Legal Services For The Elderly Inc's tax-exempt status?
You can verify Legal Services For The Elderly Inc's tax-exempt status using EIN 10359131 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 Services For The Elderly Inc demonstrates consistent financial health with a positive trend in revenue and assets over the past decade. In the 202309 period, the organization reported revenues of $2,846,172 against expenses of $2,759,043, indicating sound financial management with a slight surplus. The organization's assets have grown steadily, reaching $1,820,829 in 202309, up from $1,356,288 in 201409, suggesting good stewardship of resources and a growing capacity to deliver on its mission. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing funds towards programmatic activities rather than executive salaries.
The organization appears to be highly efficient in its spending, with expenses closely tracking revenue, minimizing excessive accumulation of unrestricted funds while maintaining a healthy asset base. The absence of reported officer compensation further reinforces a strong program-first approach. While specific breakdowns of program, administrative, and fundraising expenses are not provided in the summary data, the overall financial picture suggests a lean operational model focused on service delivery.
Legal Services For The Elderly Inc exhibits strong financial transparency through its consistent IRS 990 filings and the clear indication of no officer compensation. This practice, combined with steady asset growth and responsible expense management, paints a picture of a well-managed and accountable nonprofit. The organization's financial trajectory suggests a sustainable model for providing legal services to the elderly.