Quick charity verification for Loving Service Foundation (EIN: 202875352)
Verdict: Loving Service Foundation appears trustworthy
95/100Mission Score
$249KRevenue
$3.3MAssets
1Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown (program vs. admin vs. fundraising) in provided summary, making precise efficiency analysis challenging.
Strengths
Exceptional financial health with growing assets ($3,275,196 in 2022) and decreasing liabilities ($6,922 in 2022).
Very low expense ratio relative to revenue (e.g., 54% in 2022).
Zero reported officer compensation across all filings, indicating a volunteer-driven leadership.
Consistent revenue generation and asset growth over a decade.
Strong financial stability and long-term sustainability.
Spending Breakdown
How Loving Service Foundation allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Loving Service Foundation
Is Loving Service Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Loving Service Foundation (EIN: 202875352) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is Loving Service Foundation a good charity to donate to?
Loving Service Foundation has a Mission Score of 95/100. Revenue: $249K. Assets: $3.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Loving Service Foundation?
The Employer Identification Number (EIN) for Loving Service Foundation is 202875352. 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 Loving Service Foundation spend its money?
Loving Service Foundation allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Loving Service Foundation's tax-exempt status?
You can verify Loving Service Foundation's tax-exempt status using EIN 202875352 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
Loving Service Foundation demonstrates strong financial health and a clear commitment to its mission, as evidenced by its consistent financial performance over the past decade. The organization consistently spends significantly less than its revenue, allowing it to build substantial assets. For instance, in 2022, with revenue of $248,763 and expenses of $135,377, the foundation added to its assets, which stood at $3,275,196. This conservative spending approach, coupled with zero reported officer compensation across all filings, suggests a highly efficient operation focused on long-term sustainability and program delivery. The consistent growth in assets over the past decade, from $2,260,668 in 2013 to over $3.2 million in 2022, further underscores its financial stability.
The organization's spending efficiency is commendable, with expenses consistently representing a relatively small portion of its revenue. For example, in 2022, expenses were only about 54% of revenue. While specific breakdowns of program, administrative, and fundraising expenses are not detailed in the provided summary, the overall low expense ratio and the absence of officer compensation indicate a lean operational structure. This suggests that a significant portion of its resources is likely directed towards its charitable purpose, rather than overhead or executive salaries. The consistent financial reporting over 12 filings also points to a good level of transparency.