Quick charity verification for Literacy Assistance Center (EIN: 133179618)
Verdict: Literacy Assistance Center appears trustworthy
92/100Mission Score
$2.4MRevenue
$1.6MAssets
1Red Flags
5Strengths
Red Flags
Unusually low or zero reported officer compensation for an organization of this size, which might warrant further inquiry into how leadership is compensated or structured.
Strengths
Consistent revenue growth, increasing from $1.6M in 2016 to $2.6M in 2023.
Strong and growing asset base, reaching $1.89M in 2023.
No reported officer compensation across all available filings, indicating high efficiency in executive overhead.
Expenses consistently track revenues, suggesting efficient deployment of funds for mission-related activities.
Stable financial operations with positive net assets and manageable liabilities.
Spending Breakdown
How Literacy Assistance Center allocates its funds across programs, administration, and fundraising.
88%
Program Spending
Healthy — majority goes to mission
7%
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 Literacy Assistance Center
Is Literacy Assistance Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Literacy Assistance Center (EIN: 133179618) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Literacy Assistance Center a good charity to donate to?
Literacy Assistance Center has a Mission Score of 92/100. Revenue: $2.4M. Assets: $1.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Literacy Assistance Center?
The Employer Identification Number (EIN) for Literacy Assistance Center is 133179618. 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 Literacy Assistance Center spend its money?
Literacy Assistance Center allocates 88% to programs, 7% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Literacy Assistance Center's tax-exempt status?
You can verify Literacy Assistance Center's tax-exempt status using EIN 133179618 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
The Literacy Assistance Center demonstrates consistent financial health and operational stability over the past decade. With revenues steadily increasing, reaching $2,612,800 in 2023, the organization has maintained a positive net asset position, growing to $1,893,165 in 2023. Their expenses have generally tracked revenues closely, indicating efficient resource utilization. The organization's commitment to its mission is evident in its spending patterns, with a significant portion of its budget allocated to program services.
Spending efficiency appears strong, with expenses consistently near revenues, suggesting that funds are being actively deployed for their mission rather than accumulating excessively. The absence of reported officer compensation across all available filings is a notable indicator of transparency and potentially a volunteer-led or very lean executive structure, which can be a positive sign for donor confidence. This practice minimizes overhead related to top-level salaries, allowing more funds to directly support programs.
Overall, the Literacy Assistance Center exhibits a healthy financial profile with a clear focus on its programmatic goals. The consistent growth in assets alongside stable liabilities further reinforces its financial prudence. The lack of officer compensation is a significant factor contributing to its transparency and efficiency score.