Quick charity verification for Leidos Relief Foundation (EIN: 203922378)
Verdict: Leidos Relief Foundation appears trustworthy
92/100Mission Score
$186KRevenue
$731KAssets
1Red Flags
4Strengths
Red Flags
Periods of expenses significantly exceeding revenue (e.g., 2022 and 2021), potentially indicating reliance on prior year surpluses or inconsistent funding.
Strengths
Consistent reporting of 0% officer compensation across all filings, indicating high efficiency and dedication of funds to mission.
Zero liabilities reported in all filings, demonstrating strong financial solvency and no debt.
Substantial asset base ($768,220 in 2023) providing financial stability.
Positive revenue growth in 2023 ($214,445) compared to 2022 ($347,292) and 2021 ($562,424) after a dip, showing recovery.
Spending Breakdown
How Leidos Relief Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Leidos Relief Foundation
Is Leidos Relief Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Leidos Relief Foundation (EIN: 203922378) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Leidos Relief Foundation a good charity to donate to?
Leidos Relief Foundation has a Mission Score of 92/100. Revenue: $186K. Assets: $731K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Leidos Relief Foundation?
The Employer Identification Number (EIN) for Leidos Relief Foundation is 203922378. 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 Leidos Relief Foundation spend its money?
Leidos Relief Foundation allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Leidos Relief Foundation's tax-exempt status?
You can verify Leidos Relief Foundation's tax-exempt status using EIN 203922378 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
The Leidos Relief Foundation demonstrates a generally healthy financial position with substantial assets relative to its recent revenue. For example, in 2023, assets were $768,220 against revenue of $214,445. The organization consistently reports zero liabilities, indicating strong financial solvency and a lack of debt. However, there have been periods of significant expense exceeding revenue, such as in 2022 ($515,623 expenses vs. $347,292 revenue) and 2021 ($917,087 expenses vs. $562,424 revenue), which suggests reliance on prior year surpluses or fluctuating donation patterns. The absence of reported officer compensation across all filings indicates a commitment to directing funds towards its mission rather than executive salaries, enhancing its transparency and efficiency profile.
Spending efficiency appears to vary. In 2023, expenses were $68,045 against revenue of $214,445, indicating a significant surplus. Conversely, in 2022 and 2021, expenses substantially outstripped revenue, drawing down assets. The foundation's NTEE code M20 (Corporate Foundations) suggests its primary purpose is to distribute grants, which typically involves lower administrative overhead compared to direct service charities. The consistent reporting of zero officer compensation is a strong positive indicator of efficient use of funds and transparency regarding leadership costs. The foundation's financial health is robust, supported by its asset base, but its operational efficiency fluctuates with its revenue and expense cycles.