Quick charity verification for Loon Echo Land Trust Inc (EIN: 222966924)
Verdict: Loon Echo Land Trust Inc appears trustworthy
90/100Mission Score
$3.3MRevenue
$12.3MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistently growing assets, from $7.1M in 2016 to $10.6M in 2023, indicating strong financial health and donor confidence.
Low liabilities across all reported years, with $0 in 2022 and 2021, suggesting sound financial management.
Significant increase in revenue from $774,982 in 2021 to $1,922,704 in 2023, demonstrating enhanced fundraising capabilities.
A clear mission focused on land conservation in the northern Sebago Lake region, contributing to local environmental protection.
Efficient spending with a high percentage of expenses directed towards program services.
Spending Breakdown
How Loon Echo Land Trust Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
10%
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 Loon Echo Land Trust Inc
Is Loon Echo Land Trust Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Loon Echo Land Trust Inc (EIN: 222966924) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Loon Echo Land Trust Inc a good charity to donate to?
Loon Echo Land Trust Inc has a Mission Score of 90/100. Revenue: $3.3M. Assets: $12.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Loon Echo Land Trust Inc?
The Employer Identification Number (EIN) for Loon Echo Land Trust Inc is 222966924. 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 Loon Echo Land Trust Inc spend its money?
Loon Echo Land Trust Inc allocates 80% to programs, 10% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Loon Echo Land Trust Inc's tax-exempt status?
You can verify Loon Echo Land Trust Inc's tax-exempt status using EIN 222966924 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
Loon Echo Land Trust Inc is a environment nonprofit based in Bridgton, Maine, with reported revenue of $3.3M and assets of $12.3M. Our AI analysis assigns a Mission Score of 90/100 (Excellent). Approximately 80% of spending goes to programs, 10% to administration, and 10% to fundraising. Executive compensation appears reasonable given the organization's size and impact, with no individual reporting over $100,000 in compensation in recent filings. Revenue has grown +100% across 14 filing periods.