Quick charity verification for Lumberyard Arts Center Inc (EIN: 205647119)
Verdict: Lumberyard Arts Center Inc appears trustworthy
92/100Mission Score
$136KRevenue
$362KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Strong program spending ratio (75% in 2023)
0% executive compensation across all filings
Consistent asset base (over $360,000 in 2023)
Low liabilities relative to assets
Consistent IRS 990 filing history
Spending Breakdown
How Lumberyard Arts Center Inc allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
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 Lumberyard Arts Center Inc
Is Lumberyard Arts Center Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lumberyard Arts Center Inc (EIN: 205647119) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Lumberyard Arts Center Inc a good charity to donate to?
Lumberyard Arts Center Inc has a Mission Score of 92/100. Revenue: $136K. Assets: $362K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lumberyard Arts Center Inc?
The Employer Identification Number (EIN) for Lumberyard Arts Center Inc is 205647119. 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 Lumberyard Arts Center Inc spend its money?
Lumberyard Arts Center Inc allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lumberyard Arts Center Inc's tax-exempt status?
You can verify Lumberyard Arts Center Inc's tax-exempt status using EIN 205647119 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
Lumberyard Arts Center Inc demonstrates a consistent commitment to its mission, as evidenced by its program spending. In the most recent filing (202312), the organization reported expenses of $174,814 against revenues of $169,594, indicating a slight operational deficit. However, this is not uncommon for smaller nonprofits and its assets of $362,466 provide a stable financial base. The organization has maintained a healthy asset base over the years, fluctuating but generally remaining above $360,000, suggesting good stewardship of its resources.
The organization's spending efficiency appears strong, with a significant portion of its expenses directed towards programs. For instance, in 2023, program service expenses were $131,110 out of total expenses of $174,814, representing approximately 75% of total spending. This indicates a strong focus on delivering its artistic and cultural services. Administrative and fundraising costs are kept relatively low, contributing to overall efficiency.
Transparency is excellent, with 0% officer compensation reported across all available filings. This suggests that the organization is primarily volunteer-driven at the executive level, which is a strong indicator of dedication to its mission and efficient use of donor funds. The consistent filing of IRS Form 990s over many years also demonstrates a commitment to public accountability.