Is Lincoln Home Legit?

Quick charity verification for Lincoln Home (EIN: 10220430)

Verdict: Lincoln Home shows mixed signals

65/100Mission Score
$5.6MRevenue
$6.2MAssets
3Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

Lincoln Home demonstrates a consistent operational history with revenues generally increasing over the past decade, reaching $4,015,959 in 2023. However, the organization has frequently operated with expenses exceeding revenue, as seen in 2023 where expenses were $4,954,245 against $4,015,959 in revenue, indicating a deficit. This trend of spending more than it earns is a concern for long-term financial stability, though it has managed to maintain significant assets, totaling $8,283,114 in 2023. The organization's liabilities have also shown an upward trend, reaching $5,318,528 in 2023, which is a substantial portion of its assets. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that executive compensation is not reported in this category, which would warrant further investigation.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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