Is Louise Goulding Trust Fbo Preach Aid Soc Uw Legit?
Quick charity verification for Louise Goulding Trust Fbo Preach Aid Soc Uw (EIN: 16029683)
Verdict: Louise Goulding Trust Fbo Preach Aid Soc Uw appears trustworthy
80/100Mission Score
$303KRevenue
$634KAssets
3Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown beyond total expenses
Unspecified NTEE code, making it difficult to benchmark against peers
Consistent $1 liability reported across multiple years, which is unusual and may warrant clarification
Strengths
Consistent asset growth over five years, from $551,791 to $599,478
Very low liabilities, consistently reported as $1
No reported officer compensation, indicating high efficiency in leadership costs
Revenue consistently exceeds expenses, leading to financial stability
Spending Breakdown
How Louise Goulding Trust Fbo Preach Aid Soc Uw 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 Louise Goulding Trust Fbo Preach Aid Soc Uw
Is Louise Goulding Trust Fbo Preach Aid Soc Uw a legitimate charity?
Based on AI analysis of IRS 990 filings, Louise Goulding Trust Fbo Preach Aid Soc Uw (EIN: 16029683) appears trustworthy. Mission Score: 80/100. 3 red flags identified, 4 strengths noted.
Is Louise Goulding Trust Fbo Preach Aid Soc Uw a good charity to donate to?
Louise Goulding Trust Fbo Preach Aid Soc Uw has a Mission Score of 80/100. Revenue: $303K. Assets: $634K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Louise Goulding Trust Fbo Preach Aid Soc Uw?
The Employer Identification Number (EIN) for Louise Goulding Trust Fbo Preach Aid Soc Uw is 16029683. 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 Louise Goulding Trust Fbo Preach Aid Soc Uw spend its money?
Louise Goulding Trust Fbo Preach Aid Soc Uw allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Louise Goulding Trust Fbo Preach Aid Soc Uw's tax-exempt status?
You can verify Louise Goulding Trust Fbo Preach Aid Soc Uw's tax-exempt status using EIN 16029683 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 Louise Goulding Trust Fbo Preach Aid Soc Uw appears to be a financially stable organization with consistent asset growth over the past five years, from $551,791 in 2019 to $599,478 in 2023. Its revenue streams, while fluctuating, have generally exceeded expenses, contributing to this growth. For instance, in 2023, revenue was $40,807 against expenses of $40,530, indicating a slight surplus. The organization consistently reports minimal liabilities, often just $1, which suggests a very healthy balance sheet and low financial risk.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, as the provided data only shows total expenses. However, the consistent surplus of revenue over expenses, even if small, indicates responsible financial management. The absence of officer compensation is a notable positive, suggesting that leadership is either volunteer-based or compensated through other means not reported as officer compensation, which can contribute to more funds being directed towards the mission.
Transparency is generally good given the availability of five years of IRS 990 filings. However, the lack of specific NTEE code and detailed expense categories beyond total expenses limits a deeper understanding of its operational focus and efficiency. Further detail on how the $40,530 in expenses (2023) is allocated would enhance transparency and allow for a more precise evaluation of its program delivery.