Is Long Term Disaster Recovery Corporation Inc Legit?
Quick charity verification for Long Term Disaster Recovery Corporation Inc (EIN: 204499208)
Verdict: Long Term Disaster Recovery Corporation Inc appears trustworthy
90/100Mission Score
$841KRevenue
$281KAssets
1Red Flags
4Strengths
Red Flags
Increase in liabilities from $8,635 in 2022 to $105,103 in 2023, warranting further investigation into their nature.
Strengths
Consistent revenue generation, with $908,086 in 2023 and $872,553 in 2022.
Significant asset growth from $530,108 in 2022 to $670,515 in 2023.
Zero reported officer compensation in both 2022 and 2023, indicating strong financial stewardship.
Positive net income in both periods, especially in 2022 where revenue significantly exceeded expenses ($872,553 vs $351,080).
Spending Breakdown
How Long Term Disaster Recovery Corporation Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Long Term Disaster Recovery Corporation Inc
Is Long Term Disaster Recovery Corporation Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Long Term Disaster Recovery Corporation Inc (EIN: 204499208) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Long Term Disaster Recovery Corporation Inc a good charity to donate to?
Long Term Disaster Recovery Corporation Inc has a Mission Score of 90/100. Revenue: $841K. Assets: $281K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Long Term Disaster Recovery Corporation Inc?
The Employer Identification Number (EIN) for Long Term Disaster Recovery Corporation Inc is 204499208. 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 Long Term Disaster Recovery Corporation Inc spend its money?
Long Term Disaster Recovery Corporation Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Long Term Disaster Recovery Corporation Inc's tax-exempt status?
You can verify Long Term Disaster Recovery Corporation Inc's tax-exempt status using EIN 204499208 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
Long Term Disaster Recovery Corporation Inc demonstrates a generally healthy financial position, with consistent revenue generation over the past two periods, reporting $908,086 in 2023 and $872,553 in 2022. The organization's assets have grown significantly from $530,108 in 2022 to $670,515 in 2023, indicating a strengthening balance sheet. Liabilities, while increasing from $8,635 to $105,103 in the same period, remain manageable relative to assets.
The organization exhibits strong spending efficiency, particularly in 2022 where expenses were $351,080 against revenues of $872,553, suggesting a significant portion of funds were retained or directed towards future programs. In 2023, expenses increased to $864,147, aligning more closely with revenue, which is typical for an organization scaling its operations. The absence of reported officer compensation in both periods is a positive indicator of financial stewardship and a focus on mission over executive pay. This also contributes to a high level of transparency regarding compensation practices.
Overall, Long Term Disaster Recovery Corporation Inc appears to be a financially sound and efficiently managed nonprofit. Its consistent revenue, growing assets, and lack of executive compensation suggest a strong commitment to its mission and responsible use of donor funds. The organization's financial health appears robust, positioning it well to continue its disaster recovery efforts.