Quick charity verification for Low Road Foundation (EIN: 201737242)
Verdict: Low Road Foundation shows mixed signals
65/100Mission Score
$87.8MRevenue
$217.1MAssets
4Red Flags
3Strengths
Red Flags
Significant operating deficit in 2023 ($1.95M revenue vs. $11.49M expenses).
Dramatic increase in liabilities to $41.82 million in 2023 from negligible amounts previously.
Extreme volatility in annual revenue, making financial planning and stability uncertain.
Assets decreased by nearly $10 million from 2022 to 2023 ($215.45M to $205.93M) while liabilities surged.
Strengths
Consistent reporting of 0% officer compensation, indicating low executive overhead.
Substantial asset base ($205.93 million in 2023) despite recent decrease.
History of significant revenue generation in certain years (e.g., $133 million in 2021).
AI Transparency Report
The Low Road Foundation exhibits highly volatile financial activity, with revenue fluctuating dramatically from $1.9 million in 2023 to $133 million in 2021. This volatility makes consistent financial health assessment challenging. In 2023, the organization spent significantly more than it took in, with expenses of $11.49 million against revenues of $1.95 million, resulting in a substantial deficit. This contrasts sharply with prior years like 2021 where revenue far outstripped expenses.
The organization's spending efficiency appears inconsistent. While some years show very low expenses relative to revenue (e.g., $4.78 million expenses on $133 million revenue in 2021), the 2023 filing indicates a high expense-to-revenue ratio. The consistent reporting of 0% officer compensation across all filings suggests a commitment to minimizing administrative overhead in that specific area, which is a positive indicator for transparency regarding executive pay. However, the significant increase in liabilities to $41.82 million in 2023 from negligible amounts in previous years warrants closer scrutiny regarding financial stability and potential obligations.