Quick charity verification for Luther Oaks Inc (EIN: 202117469)
Verdict: Luther Oaks Inc shows mixed signals
55/100Mission Score
$13.0MRevenue
$31.0MAssets
3Red Flags
2Strengths
Red Flags
Consistent operational deficits (expenses exceeding revenue) across multiple years, e.g., $12,048,976 expenses vs. $11,569,488 revenue in 2023.
Liabilities significantly exceed assets, indicating a negative net asset position (e.g., $48,898,363 liabilities vs. $33,010,778 assets in 2023).
0% reported officer compensation across all filings, which is unusual for an organization of this size and could indicate a lack of transparency in executive pay reporting.
Strengths
Consistent revenue growth over the past decade, from $6,596,545 in 2014 to $11,569,488 in 2023, indicating increasing demand for services or successful fundraising efforts.
Long operating history with 13 filings, suggesting established presence and experience in its sector.
Spending Breakdown
How Luther Oaks Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Luther Oaks Inc
Is Luther Oaks Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Luther Oaks Inc (EIN: 202117469) shows mixed signals. Mission Score: 55/100. 3 red flags identified, 2 strengths noted.
Is Luther Oaks Inc a good charity to donate to?
Luther Oaks Inc has a Mission Score of 55/100. Revenue: $13.0M. Assets: $31.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Luther Oaks Inc?
The Employer Identification Number (EIN) for Luther Oaks Inc is 202117469. 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 Luther Oaks Inc spend its money?
Luther Oaks Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Luther Oaks Inc's tax-exempt status?
You can verify Luther Oaks Inc's tax-exempt status using EIN 202117469 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
Luther Oaks Inc. demonstrates consistent operational deficits over the past several years, with expenses regularly exceeding revenue. For instance, in fiscal year 2023, expenses were $12,048,976 against revenues of $11,569,488, indicating a deficit of nearly $500,000. This trend is observable across all provided filings, suggesting a reliance on other funding sources or a draw-down on reserves. The organization's liabilities consistently exceed its assets, with liabilities of $48,898,363 against assets of $33,010,778 in 2023, raising concerns about long-term financial stability and solvency. The absence of reported officer compensation across all filings is notable, potentially indicating that executive compensation is not reported in this section or that the organization relies heavily on volunteer leadership or compensation is structured differently.