Quick charity verification for Let There Be Mom Inc (EIN: 208191685)
Verdict: Let There Be Mom Inc appears trustworthy
92/100Mission Score
$516KRevenue
$896KAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed functional expense breakdown in provided summary (prevents precise program/admin/fundraising ratio calculation)
Strengths
Consistent revenue growth, from $330,100 in 2014 to $575,969 in 2023.
Significant asset growth, from $173,586 in 2014 to $817,913 in 2023.
Zero reported officer compensation across all filings, indicating high program efficiency.
Minimal liabilities, consistently reported as $0 or $1, demonstrating strong financial stability.
Consistent surplus generation, with revenue exceeding expenses in most recent years (e.g., $575,969 revenue vs. $426,111 expenses in 2023).
Spending Breakdown
How Let There Be Mom 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 Let There Be Mom Inc
Is Let There Be Mom Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Let There Be Mom Inc (EIN: 208191685) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Let There Be Mom Inc a good charity to donate to?
Let There Be Mom Inc has a Mission Score of 92/100. Revenue: $516K. Assets: $896K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Let There Be Mom Inc?
The Employer Identification Number (EIN) for Let There Be Mom Inc is 208191685. 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 Let There Be Mom Inc spend its money?
Let There Be Mom Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Let There Be Mom Inc's tax-exempt status?
You can verify Let There Be Mom Inc's tax-exempt status using EIN 208191685 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
Let There Be Mom Inc demonstrates strong financial health and spending efficiency based on its IRS 990 filings. The organization consistently maintains a healthy surplus, with revenue exceeding expenses in most recent years, such as $575,969 in revenue against $426,111 in expenses in 2023. This has allowed for consistent growth in assets, reaching $817,913 in 2023, indicating sound financial management and the ability to build reserves. The organization's liabilities are consistently minimal, often reported as $0 or $1, which is a strong indicator of financial stability and low risk.
Regarding spending efficiency, the absence of officer compensation reported across all filings suggests that a very high percentage of funds are directed towards program services rather than administrative overhead or executive salaries. While a detailed functional expense breakdown isn't provided in the summary, the overall financial picture points to efficient use of resources. The consistent growth in revenue and assets over the past decade, from $330,100 in revenue and $173,586 in assets in 2014 to $575,969 in revenue and $817,913 in assets in 2023, further supports a positive assessment of its financial trajectory and operational effectiveness. The organization's consistent filing history also indicates good transparency.