Significant liabilities relative to assets, with liabilities consistently over 60% of assets in recent years (e.g., $2,184,629 liabilities vs $3,611,529 assets in 2023).
Lack of detailed functional expense breakdown (program, admin, fundraising) in the provided data makes precise spending efficiency analysis difficult.
Strengths
Consistent and strong revenue growth, increasing from $1.9M in 2014 to $5.3M in 2023.
No reported officer compensation across all filings, indicating a strong commitment to mission over executive salaries.
Generally operates with an annual surplus, contributing to asset growth (e.g., $315,225 surplus in 2023).
Consistent filing of IRS Form 990s over 13 periods, demonstrating regulatory compliance and transparency.
Spending Breakdown
How Livingstone Schools Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Livingstone Schools Inc
Is Livingstone Schools Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Livingstone Schools Inc (EIN: 202668855) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Livingstone Schools Inc a good charity to donate to?
Livingstone Schools Inc has a Mission Score of 85/100. Revenue: $5.1M. Assets: $3.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Livingstone Schools Inc?
The Employer Identification Number (EIN) for Livingstone Schools Inc is 202668855. 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 Livingstone Schools Inc spend its money?
Livingstone Schools Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Livingstone Schools Inc's tax-exempt status?
You can verify Livingstone Schools Inc's tax-exempt status using EIN 202668855 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
Livingstone Schools Inc. demonstrates consistent financial growth, with revenue increasing from $1,926,051 in 2014 to $5,327,259 in 2023. The organization generally operates with a surplus, as seen in 2023 where revenue of $5,327,259 exceeded expenses of $5,012,034, contributing to asset growth. However, the organization carries significant liabilities, with $2,184,629 in liabilities against $3,611,529 in assets in 2023, indicating a reliance on debt or deferred revenue. 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 financial stewardship and transparency.
While the overall financial health appears stable with consistent revenue growth and asset accumulation, the high proportion of liabilities relative to assets warrants closer examination to understand the nature of these obligations and their potential impact on long-term financial stability. The organization's NTEE code B28 (Elementary & Secondary Education) aligns with its name, suggesting a clear program focus. Without a detailed breakdown of expenses into program, administrative, and fundraising categories, a precise assessment of spending efficiency is challenging, but the overall operational surplus is a good sign.
The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and transparency. The absence of reported officer compensation is a significant positive for transparency and public trust. To further enhance transparency, a more detailed breakdown of functional expenses would be beneficial for stakeholders to fully understand how funds are allocated across its mission-related activities versus overhead.