Quick charity verification for Loma Cat House Inc (EIN: 202123873)
Verdict: Loma Cat House Inc appears trustworthy
92/100Mission Score
$153KRevenue
$75KAssets
1Red Flags
5Strengths
Red Flags
Expenses ($137,335) exceeded revenue ($110,730) in the 2023 filing period, leading to a decrease in assets.
Strengths
Consistent revenue growth from $59,839 in 2019 to $110,730 in 2023.
0% officer compensation reported across all five years of filings, indicating high efficiency and dedication to mission.
Five years of consistent IRS 990 filings demonstrate strong transparency.
Low or zero liabilities in most recent filings (e.g., $0 in 2023 and 2021).
Healthy asset base of $74,984 relative to its latest revenue of $152,624.
Spending Breakdown
How Loma Cat House Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Loma Cat House Inc
Is Loma Cat House Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Loma Cat House Inc (EIN: 202123873) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Loma Cat House Inc a good charity to donate to?
Loma Cat House Inc has a Mission Score of 92/100. Revenue: $153K. Assets: $75K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Loma Cat House Inc?
The Employer Identification Number (EIN) for Loma Cat House Inc is 202123873. 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 Loma Cat House Inc spend its money?
Loma Cat House Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Loma Cat House Inc's tax-exempt status?
You can verify Loma Cat House Inc's tax-exempt status using EIN 202123873 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
Loma Cat House Inc demonstrates a consistent commitment to its mission, as evidenced by its financial filings. The organization has shown steady growth in revenue, from $59,839 in 2019 to $110,730 in 2023, indicating increasing support for its activities. While the latest filing (2023) shows expenses ($137,335) exceeding revenue ($110,730), leading to a decrease in assets from $72,127 in 2022 to $45,522 in 2023, this could be due to strategic investments or increased program delivery. The organization maintains a healthy asset base relative to its revenue, with $74,984 in assets against $152,624 in latest reported revenue.
The organization's transparency is strong, with five years of consistent IRS 990 filings available. A significant positive indicator is the 0% officer compensation reported across all five filings, suggesting that resources are primarily directed towards the organization's charitable purpose rather than executive salaries. This practice enhances public trust and demonstrates a high level of financial prudence. The absence of liabilities in the most recent filing (2023) and in 2021 also points to sound financial management and a low-risk profile.