Is Logan Family Foundation Legit?

Strengths

Consistent asset growth, from $1,006,073 in 2011 to $1,390,398 in 2023.
Zero officer compensation reported across all filings, indicating high efficiency in leadership costs.
Expenses consistently lower than revenue, demonstrating sound financial management.
Minimal liabilities reported, indicating strong financial stability.
Long history of consistent IRS 990 filings (10 filings), showing transparency and compliance.

Spending Breakdown

How Logan Family Foundation allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Family Foundation

Is Logan Family Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, Logan Family Foundation (EIN: 208016072) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.

Is Logan Family Foundation a good charity to donate to?

Logan Family Foundation has a Mission Score of 95/100. Revenue: $104K. Assets: $1.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Logan Family Foundation?

The Employer Identification Number (EIN) for Logan Family Foundation is 208016072. 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 Family Foundation spend its money?

Logan Family Foundation allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Logan Family Foundation's tax-exempt status?

You can verify Logan Family Foundation's tax-exempt status using EIN 208016072 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 Logan Family Foundation demonstrates consistent financial health and a strong commitment to its mission, as evidenced by its IRS 990 filings. Over the past decade, the organization has maintained a healthy asset base, growing from $1,006,073 in 2011 to $1,390,398 in 2023. Its revenue streams have also shown growth, with the latest reported revenue at $207,096 in 2023. The foundation's spending efficiency is notable, with expenses consistently lower than revenue, allowing for asset accumulation and sustained operations. For instance, in 2023, expenses were $132,103 against $207,096 in revenue, indicating prudent financial management.

The organization's transparency is excellent, particularly regarding executive compensation, which has been reported as 0% across all available filings. This suggests that the foundation operates with minimal overhead in terms of leadership salaries, allowing more funds to be directed towards its programmatic goals. The consistent reporting of minimal liabilities (often $1) further underscores a stable financial position and responsible fiscal practices. While specific program spending details are not provided in the summary data, the overall financial health and lack of executive compensation are strong indicators of a well-managed and transparent entity focused on its mission.

Verdict: Logan Family Foundation appears trustworthy

Red Flags