Positive net income in the latest filing (202309: Revenue $858,966, Expenses $807,534)
Spending Breakdown
How Lutheran Home Hickory West Property 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 Lutheran Home Hickory West Property Inc
Is Lutheran Home Hickory West Property Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Lutheran Home Hickory West Property Inc (EIN: 205304712) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.
Is Lutheran Home Hickory West Property Inc a good charity to donate to?
Lutheran Home Hickory West Property Inc has a Mission Score of 75/100. Revenue: $905K. Assets: $16.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Lutheran Home Hickory West Property Inc?
The Employer Identification Number (EIN) for Lutheran Home Hickory West Property Inc is 205304712. 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 Hickory West Property Inc spend its money?
Lutheran Home Hickory West Property Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Lutheran Home Hickory West Property Inc's tax-exempt status?
You can verify Lutheran Home Hickory West Property Inc's tax-exempt status using EIN 205304712 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 Hickory West Property Inc appears to be a financially stable organization, consistently maintaining significant assets relative to its annual revenue. With assets of $16,623,792 against a latest revenue of $904,941, the organization possesses a substantial financial cushion. However, the organization has experienced periods of negative net income, such as in 202209 where expenses ($976,956) exceeded revenue ($860,004), and notably in 201709 with negative revenue. This suggests that while assets are high, operational revenue does not always cover expenses, potentially relying on investment income or other non-operating funds.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses in the provided data. However, the consistent reporting of 0% officer compensation across all filings indicates a strong commitment to minimizing executive overhead, which is a positive sign for efficiency. The lack of specific expense categories in the provided data limits a comprehensive evaluation of how effectively funds are allocated to its mission.
Transparency is generally good given the consistent filing of IRS Form 990s over 13 periods. The absence of reported officer compensation enhances transparency regarding executive pay. However, the NTEE code being 'Unknown' and the lack of detailed expense breakdowns in the provided data slightly hinder a complete understanding of its operational focus and spending habits. Further detail on program activities and associated costs would improve overall transparency.