Long filing history (13 filings) suggests consistent operation and compliance.
Spending Breakdown
How Loretto Geriatric Community 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 Loretto Geriatric Community
Is Loretto Geriatric Community a legitimate charity?
Based on AI analysis of IRS 990 filings, Loretto Geriatric Community (EIN: 161234898) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Loretto Geriatric Community a good charity to donate to?
Loretto Geriatric Community has a Mission Score of 92/100. Revenue: $2.2M. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Loretto Geriatric Community?
The Employer Identification Number (EIN) for Loretto Geriatric Community is 161234898. 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 Loretto Geriatric Community spend its money?
Loretto Geriatric Community allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Loretto Geriatric Community's tax-exempt status?
You can verify Loretto Geriatric Community's tax-exempt status using EIN 161234898 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
Loretto Geriatric Community demonstrates a generally stable financial trajectory with consistent revenue growth over the past decade, from $1,164,070 in 2014 to $2,389,347 in 2023. The organization has consistently managed to keep expenses below revenue in recent years, as evidenced by the 2023 period where revenue was $2,389,347 against expenses of $1,964,886, indicating sound financial management and the ability to generate surpluses. While the provided data does not detail the exact breakdown of program, administrative, and fundraising expenses, the consistent positive net income in recent years suggests efficient use of funds. The organization's assets have fluctuated but show a healthy balance relative to liabilities, with assets of $725,351 and liabilities of $428,422 in 2023, indicating a solid financial position. The absence of reported officer compensation further enhances its transparency and commitment to directing resources towards its mission.