Quick charity verification for Local Solutions (EIN: 222582318)
Verdict: Local Solutions appears trustworthy
75/100Mission Score
$53KRevenue
$248KAssets
2Red Flags
3Strengths
Red Flags
Consistent decline in revenue from $86,104 in 2018 to $27,262 in 2022, raising sustainability concerns.
Significant expense spike in 2016 ($224,670) compared to revenue ($61,930) without clear explanation.
Strengths
Strong and consistent growth in total assets from $106,645 in 2018 to $164,660 in 2022.
Zero reported liabilities in recent years (2015-2018, 2020-2022), indicating financial stability.
Positive net assets across all reported years.
Spending Breakdown
How Local Solutions allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
15%
Admin Costs
Reasonable — admin costs in check
15%
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 Local Solutions
Is Local Solutions a legitimate charity?
Based on AI analysis of IRS 990 filings, Local Solutions (EIN: 222582318) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Local Solutions a good charity to donate to?
Local Solutions has a Mission Score of 75/100. Revenue: $53K. Assets: $248K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Local Solutions?
The Employer Identification Number (EIN) for Local Solutions is 222582318. 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 Local Solutions spend its money?
Local Solutions allocates 70% to programs, 15% to administration, and 15% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Local Solutions's tax-exempt status?
You can verify Local Solutions's tax-exempt status using EIN 222582318 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
Local Solutions is a unknown nonprofit based in Bar Harbor, Maine, with reported revenue of $53K and assets of $248K. Our AI analysis assigns a Mission Score of 75/100 (Good). Approximately 70% of spending goes to programs, 15% to administration, and 15% to fundraising. • 2022 revenue of $27,262 is a significant drop from $86,104 in 2018.
• Total assets have grown consistently, reaching $164,660 in 2022 from $106,645 in 2018.
• No liabilities reported in 2022, indicating a healthy balance sheet. Executive compensation cannot be assessed as no specific compensation figures are provided in the given data. Revenue has declined -74% across 9 filing periods.