Is Lutheran Home At Trinity Oaks Inc Legit?…

Quick charity verification for Lutheran Home At Trinity Oaks Inc (EIN: 201457824)

Strengths

Consistent revenue growth, increasing from $10.9M in 2014 to $14.2M in 2023.
Strong asset accumulation, nearly doubling from $8.3M in 2014 to $19.7M in 2023.
Expenses consistently below revenue, indicating sound financial management and surpluses.
Low liabilities relative to assets, suggesting a healthy balance sheet.
No reported officer compensation, indicating potential volunteer leadership or a highly efficient compensation structure.

Spending Breakdown

How Lutheran Home At Trinity Oaks Inc allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Lutheran Home At Trinity Oaks Inc

Is Lutheran Home At Trinity Oaks Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Lutheran Home At Trinity Oaks Inc (EIN: 201457824) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.

Is Lutheran Home At Trinity Oaks Inc a good charity to donate to?

Lutheran Home At Trinity Oaks Inc has a Mission Score of 85/100. Revenue: $16.2M. Assets: $23.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Lutheran Home At Trinity Oaks Inc?

The Employer Identification Number (EIN) for Lutheran Home At Trinity Oaks Inc is 201457824. 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 Lutheran Home At Trinity Oaks Inc spend its money?

Lutheran Home At Trinity Oaks Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Lutheran Home At Trinity Oaks Inc's tax-exempt status?

You can verify Lutheran Home At Trinity Oaks Inc's tax-exempt status using EIN 201457824 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

Lutheran Home At Trinity Oaks Inc demonstrates consistent financial growth and stability over the past decade. The organization has shown a steady increase in both revenue and assets, with revenue growing from $10,957,354 in 2014 to $14,293,207 in 2023, and assets increasing from $8,324,513 to $19,745,738 in the same period. This indicates effective financial management and an ability to build reserves. The organization consistently reports 0% officer compensation, which suggests a high degree of financial transparency regarding executive pay and a potential reliance on volunteer leadership or a different compensation structure not captured in this specific field.

Spending efficiency appears strong, as expenses generally remain below revenue, allowing for asset accumulation. For example, in 2023, expenses were $13,445,964 against revenues of $14,293,207, resulting in a surplus. The low liabilities relative to assets also point to a healthy balance sheet. The consistent growth in assets, nearly doubling over the decade, further reinforces a positive financial trajectory and capacity for long-term sustainability.

While the provided data indicates strong financial health and a commitment to not reporting officer compensation, a detailed breakdown of program, administrative, and fundraising expenses would offer a more complete picture of spending efficiency. However, the overall trend of increasing assets and controlled expenses suggests a well-managed organization with a focus on its mission.

Is Lutheran Home At Trinity Oaks Inc Legit?

Verdict: Lutheran Home At Trinity Oaks Inc appears trustworthy

Red Flags