Is Lubuto Library Project Inc Legit? —…

Red Flags

Recurring operating deficits (e.g., 202312, 202212, 201812, 201712, 201612, 201512)
Decreasing asset base in recent years (from $569,875 in 202112 to $331,636 in 202312)
Increasing liabilities in recent periods (from $944 in 201912 to $129,296 in 202312)
Unusually consistent 0% officer compensation, which may warrant further investigation into how leadership is compensated or structured.

Spending Breakdown

How Lubuto Library Project Inc allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

Admin Costs

Reasonable — admin costs in check

10%

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 Lubuto Library Project Inc

Is Lubuto Library Project Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Lubuto Library Project Inc (EIN: 134294962) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.

Is Lubuto Library Project Inc a good charity to donate to?

Lubuto Library Project Inc has a Mission Score of 65/100. Revenue: $858K. Assets: $206K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Lubuto Library Project Inc?

The Employer Identification Number (EIN) for Lubuto Library Project Inc is 134294962. 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 Lubuto Library Project Inc spend its money?

Lubuto Library Project Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Lubuto Library Project Inc's tax-exempt status?

You can verify Lubuto Library Project Inc's tax-exempt status using EIN 134294962 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

Lubuto Library Project Inc demonstrates a mixed financial picture. While the organization has consistently reported zero officer compensation across all available filings, indicating good transparency regarding executive pay, its financial health shows some volatility. In the latest period (202312), expenses ($683,435) significantly exceeded revenue ($527,618), leading to a deficit. This trend of expenses outpacing revenue is also visible in several other years, such as 202212 ($560,850 expenses vs $380,150 revenue) and 201812 ($767,264 expenses vs $756,558 revenue). The organization's assets have fluctuated, decreasing from $569,875 in 202112 to $331,636 in 202312, while liabilities have shown an upward trend in recent years, reaching $129,296 in 202312. This suggests potential challenges in maintaining financial stability and building reserves.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide a precise assessment. However, the consistent reporting of zero officer compensation is a positive indicator of responsible use of funds at the executive level. The organization's ability to operate with varying revenue streams, sometimes exceeding $700,000 (e.g., $777,420 in 201712), suggests a capacity for significant program delivery. The recent trend of operating deficits, however, raises questions about long-term sustainability if not addressed.

Overall, Lubuto Library Project Inc appears transparent in its executive compensation. Its financial health, however, warrants closer monitoring due to recurring deficits and fluctuating asset levels. A deeper dive into the functional expense breakdown would be necessary to fully evaluate spending efficiency and program focus.

Is Lubuto Library Project Inc Legit?

Verdict: Lubuto Library Project Inc shows mixed signals