Quick charity verification for Legalcorps (EIN: 200792664)
Verdict: Legalcorps appears trustworthy
90/100Mission Score
$531KRevenue
$167KAssets
1Red Flags
4Strengths
Red Flags
Small deficit in 2023 ($5,889) where expenses exceeded revenue, though this is an isolated incident in recent years.
Strengths
Consistent revenue growth over the past decade, from $184,507 in 2014 to $400,031 in 2023.
Zero reported officer compensation across all 12 filings, indicating strong transparency and efficient use of funds.
Significant asset growth from $80,915 in 2014 to $256,545 in 2023, enhancing organizational stability.
Positive net assets ($256,545 assets vs. $82,260 liabilities in 2023), demonstrating financial solvency.
Spending Breakdown
How Legalcorps 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 Legalcorps
Is Legalcorps a legitimate charity?
Based on AI analysis of IRS 990 filings, Legalcorps (EIN: 200792664) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Legalcorps a good charity to donate to?
Legalcorps has a Mission Score of 90/100. Revenue: $531K. Assets: $167K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Legalcorps?
The Employer Identification Number (EIN) for Legalcorps is 200792664. 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 Legalcorps spend its money?
Legalcorps allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Legalcorps's tax-exempt status?
You can verify Legalcorps's tax-exempt status using EIN 200792664 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
Legalcorps demonstrates a generally stable financial trajectory, with revenues showing consistent growth over the past decade, increasing from $184,507 in 2014 to $400,031 in 2023. While the organization experienced a slight deficit in 2023 with expenses exceeding revenue by $5,889, this appears to be an anomaly in recent years, as they reported surpluses in 2022 ($45,069) and 2021 ($29,737). The organization's assets have also grown significantly, from $80,915 in 2014 to $256,545 in 2023, indicating a healthy accumulation of resources.
Legalcorps exhibits strong transparency regarding executive compensation, reporting 0% officer compensation across all available filings. This suggests that the organization's leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which is a positive indicator for donor confidence. The NTEE code I80 (Legal Services) aligns with their mission, and the consistent growth in revenue suggests increasing support for their programs.
However, the organization's liabilities have fluctuated, reaching a high of $83,640 in 2022 before slightly decreasing to $82,260 in 2023. While not excessively high relative to assets, it's a metric to monitor. Overall, Legalcorps appears to be a financially sound organization with a clear commitment to its mission, supported by growing revenue and assets, and excellent transparency in executive compensation.