Is Lifesavers Foundation Legit?

Spending Breakdown

How Lifesavers Foundation allocates its funds across programs, administration, and fundraising.

75%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

10%

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 Lifesavers Foundation

Is Lifesavers Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Lifesavers Foundation (EIN: 202066448) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.

Is Lifesavers Foundation a good charity to donate to?

Lifesavers Foundation has a Mission Score of 70/100. Revenue: $2.4M. Assets: $422K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Lifesavers Foundation?

The Employer Identification Number (EIN) for Lifesavers Foundation is 202066448. 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 Lifesavers Foundation spend its money?

Lifesavers Foundation allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Lifesavers Foundation's tax-exempt status?

You can verify Lifesavers Foundation's tax-exempt status using EIN 202066448 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

Lifesavers Foundation demonstrates a mixed financial picture. While the organization has shown consistent revenue growth over the past decade, peaking at $2,378,348 in its latest reported period, its financial health appears to have deteriorated in the most recent filing (202312). In this period, expenses ($2,159,883) significantly outpaced revenue ($1,728,215), resulting in a deficit and a notable decrease in assets from $1,030,572 in 202212 to $673,411. This recent trend of spending more than it earns, coupled with increasing liabilities, warrants closer scrutiny.

The organization's transparency is commendable regarding executive compensation, reporting 0% officer compensation across all available filings. This indicates that no officers received reportable compensation, which is a strong positive for donor confidence. However, the recent financial performance, particularly the deficit and asset decline, suggests potential operational inefficiencies or a strategic shift that needs to be clearly communicated to stakeholders. Further details on the allocation of the $2,159,883 in expenses for 202312 would be crucial for a complete assessment of spending efficiency.

Verdict: Lifesavers Foundation appears trustworthy

Red Flags

Strengths