Quick charity verification for Libertygives Foundation (EIN: 208004437)
Verdict: Libertygives Foundation appears trustworthy
75/100Mission Score
$728KRevenue
$9KAssets
2Red Flags
3Strengths
Red Flags
Consistently low asset base, often reported as $1, indicating minimal financial reserves.
Frequent near break-even or deficit spending (e.g., 2023 expenses exceeded revenue by $16,364), limiting financial resilience.
Strengths
Consistent revenue generation over a decade, demonstrating donor support.
Zero reported officer compensation, indicating a strong commitment to directing funds to the mission and high operational efficiency at the executive level.
Long operational history with 10 filings, suggesting stability and established presence.
Spending Breakdown
How Libertygives Foundation 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 Libertygives Foundation
Is Libertygives Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Libertygives Foundation (EIN: 208004437) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Libertygives Foundation a good charity to donate to?
Libertygives Foundation has a Mission Score of 75/100. Revenue: $728K. Assets: $9K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Libertygives Foundation?
The Employer Identification Number (EIN) for Libertygives Foundation is 208004437. 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 Libertygives Foundation spend its money?
Libertygives Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Libertygives Foundation's tax-exempt status?
You can verify Libertygives Foundation's tax-exempt status using EIN 208004437 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
Libertygives Foundation demonstrates consistent revenue generation, averaging around $700,000 annually over the past decade. However, the organization's financial health shows a pattern of operating at or near break-even, with expenses often closely matching or slightly exceeding revenue, as seen in 2023 where expenses of $750,981 surpassed revenue of $734,617. This indicates limited surplus for reserves or significant program expansion. The organization's asset base is notably low, with the latest reported assets at $11,403 in 2023, and frequently reported as $1 in earlier years, suggesting minimal financial reserves. The consistent reporting of 0% officer compensation across all filings is a strong indicator of transparency and a commitment to directing funds towards the mission rather than executive salaries. While the detailed breakdown of program, administrative, and fundraising expenses is not explicitly provided in the summary data, the absence of officer compensation suggests a lean operational structure.