Is Logan Community Developmentfoundation Inc Legit?
Quick charity verification for Logan Community Developmentfoundation Inc (EIN: 205899329)
Verdict: Logan Community Developmentfoundation Inc appears trustworthy
92/100Mission Score
$308KRevenue
$450KAssets
1Red Flags
4Strengths
Red Flags
Significant year-over-year revenue volatility, which could indicate reliance on unpredictable funding sources.
Strengths
Consistent asset growth, reaching $1,227,261 in 2023.
Zero reported liabilities across all filing periods, indicating strong financial management.
0% officer compensation reported, demonstrating efficient use of funds and potential volunteer leadership.
Expenses are consistently lower than revenue in most recent years, leading to surplus and asset accumulation.
Spending Breakdown
How Logan Community Developmentfoundation Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Logan Community Developmentfoundation Inc
Is Logan Community Developmentfoundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Logan Community Developmentfoundation Inc (EIN: 205899329) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 4 strengths noted.
Is Logan Community Developmentfoundation Inc a good charity to donate to?
Logan Community Developmentfoundation Inc has a Mission Score of 92/100. Revenue: $308K. Assets: $450K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Logan Community Developmentfoundation Inc?
The Employer Identification Number (EIN) for Logan Community Developmentfoundation Inc is 205899329. 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 Logan Community Developmentfoundation Inc spend its money?
Logan Community Developmentfoundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Logan Community Developmentfoundation Inc's tax-exempt status?
You can verify Logan Community Developmentfoundation Inc's tax-exempt status using EIN 205899329 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
Logan Community Developmentfoundation Inc demonstrates a generally healthy financial position with consistent asset growth over the past few years, reaching $1,227,261 in 2023. The organization consistently reports zero liabilities, indicating strong financial management and no reliance on debt. Revenue has fluctuated significantly, from a low of $89,911 in 2019 to a high of $569,894 in 2020, suggesting a reliance on grants or specific project funding rather than a stable, recurring donor base. Despite these fluctuations, expenses have remained relatively stable, typically ranging between $130,000 and $200,000 annually, which points to consistent operational costs. The organization's transparency is excellent, as it consistently reports 0% officer compensation, indicating that leadership is likely volunteer-based or compensated through other means not classified as officer compensation, which is a positive sign for donor confidence.