Consistent annual expenses exceeding revenue, indicating reliance on asset drawdowns (e.g., 2023: $6.4M expenses vs. $2.9M revenue).
Lack of detailed expense breakdown in provided data makes it difficult to precisely quantify program vs. administrative spending beyond officer compensation.
Strengths
Consistently reports 0% officer compensation, indicating highly efficient use of funds regarding executive pay.
Maintains a very strong asset base (e.g., $189,575,614 in 2023) providing long-term financial stability for its mission.
Clear focus on its programmatic mission as a healthcare benefits trust for retirees.
Spending Breakdown
How Lucent Supp Healthcare Benefits Tr Fbo Formerly Rep Retirees allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
0%
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.
Is Lucent Supp Healthcare Benefits Tr Fbo Formerly Rep Retirees a legitimate charity?
Based on AI analysis of IRS 990 filings, Lucent Supp Healthcare Benefits Tr Fbo Formerly Rep Retirees (EIN: 206673883) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Lucent Supp Healthcare Benefits Tr Fbo Formerly Rep Retirees a good charity to donate to?
Lucent Supp Healthcare Benefits Tr Fbo Formerly Rep Retirees has a Mission Score of 85/100. Revenue: $54.3M. Assets: $172.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lucent Supp Healthcare Benefits Tr Fbo Formerly Rep Retirees?
The Employer Identification Number (EIN) for Lucent Supp Healthcare Benefits Tr Fbo Formerly Rep Retirees is 206673883. 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 Lucent Supp Healthcare Benefits Tr Fbo Formerly Rep Retirees spend its money?
Lucent Supp Healthcare Benefits Tr Fbo Formerly Rep Retirees allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lucent Supp Healthcare Benefits Tr Fbo Formerly Rep Retirees's tax-exempt status?
You can verify Lucent Supp Healthcare Benefits Tr Fbo Formerly Rep Retirees's tax-exempt status using EIN 206673883 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
Lucent Supp Healthcare Benefits Tr Fbo Formerly Rep Retirees exhibits a unique financial profile, primarily functioning as a trust to manage healthcare benefits for retirees. Its revenue and expense figures fluctuate significantly year-over-year, with expenses often exceeding revenue, indicating a draw-down from its substantial asset base to fulfill its purpose. For instance, in 2023, expenses were $6,455,773 against revenues of $2,906,412. The organization consistently reports 0% officer compensation, which is a strong indicator of efficient administrative spending in that area and contributes positively to its transparency. Given its nature as a benefits trust, its financial health should be assessed not by traditional profitability but by its ability to meet its long-term obligations to beneficiaries, which its substantial assets of $189,575,614 in 2023 suggest it is well-positioned to do.
The organization's spending efficiency, particularly the absence of officer compensation, suggests that a very high proportion of its expenditures are directed towards its programmatic mission of providing healthcare benefits. While a detailed breakdown of program vs. administrative costs isn't explicitly provided in the summary data, the lack of executive pay implies a lean operational structure. Its transparency is bolstered by consistent annual filings and the clear reporting of zero officer compensation, which simplifies the analysis of its operational overhead. The significant asset base, despite fluctuating revenues and expenses, indicates a stable foundation for its long-term commitments.