Is Lincoln Square District Management Association Inc Legit?

Quick charity verification for Lincoln Square District Management Association Inc (EIN: 133922300)

Verdict: Lincoln Square District Management Association Inc appears trustworthy

85/100Mission Score

$3.8MRevenue

$4.0MAssets

1Red Flags

4Strengths

Red Flags

Significant increase in liabilities from $311,013 in 2022 to $1,481,749 in 2023 without clear explanation.

Strengths

Consistent revenue generation, generally exceeding expenses.
Steady growth in assets over the past decade, from $1,318,546 in 2014 to $4,113,840 in 2023.
0% officer compensation reported across all filings, indicating strong resource allocation to mission.
Positive net income in most years, contributing to financial stability.

Spending Breakdown

How Lincoln Square District Management Association Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

Admin Costs

Reasonable — admin costs in check

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 Lincoln Square District Management Association Inc

Is Lincoln Square District Management Association Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Lincoln Square District Management Association Inc (EIN: 133922300) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Lincoln Square District Management Association Inc a good charity to donate to?

Lincoln Square District Management Association Inc has a Mission Score of 85/100. Revenue: $3.8M. Assets: $4.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Lincoln Square District Management Association Inc?

The Employer Identification Number (EIN) for Lincoln Square District Management Association Inc is 133922300. 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 Lincoln Square District Management Association Inc spend its money?

Lincoln Square District Management Association Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Lincoln Square District Management Association Inc's tax-exempt status?

You can verify Lincoln Square District Management Association Inc's tax-exempt status using EIN 133922300 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

Lincoln Square District Management Association Inc demonstrates consistent financial operations with revenues generally exceeding expenses, leading to a steady growth in assets over the past decade. For instance, in 2023, revenue was $3,095,859 against expenses of $2,961,861, contributing to assets of $4,113,840. The organization's liabilities have seen a significant increase in the most recent filing, jumping from $311,013 in 2022 to $1,481,749 in 2023, which warrants further investigation to understand the nature of this increase. The consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to directing funds towards its mission rather than executive salaries, which is a positive indicator of spending efficiency. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging.

The organization's financial health appears stable, with a healthy asset base relative to its annual revenue. The consistent revenue streams, hovering around $3 million annually, indicate a reliable funding model. The significant increase in liabilities in the latest filing is a notable change that could impact future financial flexibility if not managed effectively. Overall, the organization exhibits good financial stewardship in terms of asset growth and expense management relative to revenue, but the recent liability surge requires closer scrutiny for a complete picture of its financial stability.

Transparency regarding executive compensation is excellent, with no reported officer compensation. However, the lack of detailed expense breakdowns in the provided data limits a full assessment of spending efficiency across program, administrative, and fundraising categories. To enhance transparency, providing these detailed breakdowns would allow for a more comprehensive evaluation of how funds are allocated and utilized to achieve the organization's mission.

View Full Transparency Report →

Disclaimer

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