Consistent operational deficits, with expenses exceeding revenue in all reported periods since 2014.
Declining asset base, from $10,749,803 in 2017 to $7,653,706 in 2023, indicating a reduction in financial reserves.
Significant liabilities in some years, such as $16,103,178 in 2020, which could pose financial risk.
Strengths
Zero reported officer compensation across all filings, indicating a strong commitment to directing resources away from executive pay.
Long filing history (13 filings) suggests consistent compliance with IRS reporting requirements.
Spending Breakdown
How Lincolnhealth Coves Edge 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 Lincolnhealth Coves Edge
Is Lincolnhealth Coves Edge a legitimate charity?
Based on AI analysis of IRS 990 filings, Lincolnhealth Coves Edge (EIN: 10382340) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
Is Lincolnhealth Coves Edge a good charity to donate to?
Lincolnhealth Coves Edge has a Mission Score of 65/100. Revenue: $11.7M. Assets: $7.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lincolnhealth Coves Edge?
The Employer Identification Number (EIN) for Lincolnhealth Coves Edge is 10382340. 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 Lincolnhealth Coves Edge spend its money?
Lincolnhealth Coves Edge allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lincolnhealth Coves Edge's tax-exempt status?
You can verify Lincolnhealth Coves Edge's tax-exempt status using EIN 10382340 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
Lincolnhealth Coves Edge has demonstrated consistent operational deficits over the past several years, with expenses exceeding revenue in every reported period since 2014. For instance, in 2023, expenses were $13,255,371 against revenues of $10,316,524, indicating a significant shortfall. This trend suggests a reliance on reserves or other funding sources to cover operational costs, which could impact long-term financial stability if not addressed. The organization's assets have also shown a declining trend, from a high of $10,749,803 in 2017 to $7,653,706 in 2023, further highlighting financial pressures.
Despite these financial challenges, the organization reports 0% officer compensation across all available filings, which is a positive indicator of resource allocation towards its mission rather than executive pay. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it is difficult to fully assess spending efficiency. The consistent operational deficits and declining asset base warrant closer scrutiny to understand the underlying causes and the organization's strategy for achieving financial sustainability.
Transparency regarding executive compensation is excellent, with no reported officer compensation. However, the lack of detailed expense breakdowns in the provided data limits a comprehensive assessment of overall spending efficiency and how effectively funds are being utilized across different functional areas. Further information on program service accomplishments and detailed expense allocations would enhance transparency.