Quick charity verification for Love Inc Of Douglas County Lakesarea (EIN: 208963495)
Verdict: Love Inc Of Douglas County Lakesarea appears trustworthy
92/100Mission Score
$219KRevenue
$418KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent financial stability with growing assets (from $348,530 in 2014 to $440,521 in 2023).
Very low liabilities (e.g., $5,564 in 2023) indicating minimal debt.
0% reported officer compensation across all filings, suggesting high operational efficiency.
Strong transparency with 13 consistent IRS 990 filings.
Consistent revenue generation in the low to mid-$200,000s, demonstrating stable support.
Spending Breakdown
How Love Inc Of Douglas County Lakesarea 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 Love Inc Of Douglas County Lakesarea
Is Love Inc Of Douglas County Lakesarea a legitimate charity?
Based on AI analysis of IRS 990 filings, Love Inc Of Douglas County Lakesarea (EIN: 208963495) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Love Inc Of Douglas County Lakesarea a good charity to donate to?
Love Inc Of Douglas County Lakesarea has a Mission Score of 92/100. Revenue: $219K. Assets: $418K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Love Inc Of Douglas County Lakesarea?
The Employer Identification Number (EIN) for Love Inc Of Douglas County Lakesarea is 208963495. 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 Love Inc Of Douglas County Lakesarea spend its money?
Love Inc Of Douglas County Lakesarea allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Love Inc Of Douglas County Lakesarea's tax-exempt status?
You can verify Love Inc Of Douglas County Lakesarea's tax-exempt status using EIN 208963495 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
Love Inc Of Douglas County Lakesarea demonstrates consistent financial activity, with revenues and expenses generally in the low to mid-$200,000s in recent years. The organization's assets have shown a steady increase over the past decade, reaching $440,521 in 2023, indicating sound financial management and asset accumulation. Liabilities remain very low, consistently under $6,000, which is a positive indicator of financial stability and minimal debt burden.
Spending efficiency appears to be strong, particularly given the consistent reporting of 0% officer compensation across all available filings, suggesting that leadership is either volunteer-based or compensated through other means not categorized as officer compensation, which can free up more funds for programmatic activities. While specific program spending ratios are not directly provided in the summary data, the absence of officer compensation is a strong positive for efficiency.
Transparency is high, as evidenced by the consistent filing of IRS Form 990s over a long period (13 filings), making their financial data readily available for public scrutiny. The detailed breakdown of revenue, expenses, assets, and liabilities across multiple years allows for a clear understanding of the organization's financial trajectory and operational health.