Is Logan Rogersville Educational Foundation Inc Legit?
Quick charity verification for Logan Rogersville Educational Foundation Inc (EIN: 201103500)
Verdict: Logan Rogersville Educational Foundation Inc appears trustworthy
95/100Mission Score
$228KRevenue
$741KAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent asset growth, from $326,682 in 2015 to $549,938 in 2023.
Zero officer compensation reported across all filings, indicating high efficiency and transparency.
Generally positive net income, with revenues exceeding expenses in most recent years (e.g., $162,924 revenue vs. $118,580 expenses in 2023).
Low liabilities, consistently around $8,319 in recent years, indicating good financial management.
Spending Breakdown
How Logan Rogersville Educational Foundation 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 Rogersville Educational Foundation Inc
Is Logan Rogersville Educational Foundation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Logan Rogersville Educational Foundation Inc (EIN: 201103500) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 4 strengths noted.
Is Logan Rogersville Educational Foundation Inc a good charity to donate to?
Logan Rogersville Educational Foundation Inc has a Mission Score of 95/100. Revenue: $228K. Assets: $741K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Logan Rogersville Educational Foundation Inc?
The Employer Identification Number (EIN) for Logan Rogersville Educational Foundation Inc is 201103500. 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 Rogersville Educational Foundation Inc spend its money?
Logan Rogersville Educational Foundation Inc allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Logan Rogersville Educational Foundation Inc's tax-exempt status?
You can verify Logan Rogersville Educational Foundation Inc's tax-exempt status using EIN 201103500 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 Rogersville Educational Foundation Inc demonstrates consistent financial health with a growing asset base, reaching $549,938 in 2023 from $326,682 in 2015. The organization's revenue has fluctuated but generally shows an upward trend, with $162,924 in 2023. Spending efficiency appears strong, as evidenced by the 2023 filing showing expenses of $118,580 against revenues of $162,924, indicating a surplus. The foundation consistently reports 0% officer compensation across all available filings, which is a significant indicator of efficient use of funds and a high degree of transparency regarding executive pay. This suggests that the vast majority of funds are directed towards the organization's mission rather than administrative overhead related to executive salaries.