Is Mission Honduras Lemars Inc Legit? —…

Strengths

Consistent reporting of 0% officer compensation across all filings, indicating strong financial efficiency at the leadership level.
Consistent growth in net assets over the past decade, from $59,408 in 2014 to $106,678 in 2023, demonstrating financial resilience.
Zero reported liabilities in recent years (2018-2023), indicating a debt-free and stable financial position.
Consistent filing of IRS Form 990s, demonstrating a commitment to transparency.

Spending Breakdown

How Mission Honduras Lemars Inc allocates its funds across programs, administration, and fundraising.

80%

Program Spending

Healthy — majority goes to mission

15%

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 Mission Honduras Lemars Inc

Is Mission Honduras Lemars Inc a legitimate charity?

Based on AI analysis of IRS 990 filings, Mission Honduras Lemars Inc (EIN: 113651250) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Mission Honduras Lemars Inc a good charity to donate to?

Mission Honduras Lemars Inc has a Mission Score of 85/100. Revenue: $70K. Assets: $121K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Mission Honduras Lemars Inc?

The Employer Identification Number (EIN) for Mission Honduras Lemars Inc is 113651250. 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 Mission Honduras Lemars Inc spend its money?

Mission Honduras Lemars Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Mission Honduras Lemars Inc's tax-exempt status?

You can verify Mission Honduras Lemars Inc's tax-exempt status using EIN 113651250 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

Mission Honduras Lemars Inc operates as a relatively small nonprofit with fluctuating revenues and expenses over the past decade. The organization consistently reports zero liabilities in recent years, indicating a stable financial position without significant debt. While revenue has varied, ranging from $53,714 in 2014 to $118,867 in 2021, the organization has generally maintained positive net assets, growing from $59,408 in 2014 to $106,678 in 2023. The most recent filing shows expenses exceeding revenue ($85,874 vs. $74,733), which is a slight concern if it becomes a recurring trend, but overall assets remain healthy.

The organization demonstrates strong financial transparency by consistently filing its IRS Form 990s. A key strength is the reported 0% officer compensation across all available filings, suggesting that leadership is either volunteer-based or compensated through non-officer roles, which can be a positive indicator for donor confidence regarding administrative efficiency. However, without a detailed breakdown of expenses beyond total expenses, it's challenging to precisely assess spending efficiency across programs, administration, and fundraising. The NTEE code T70 (International, Foreign Affairs & National Security) suggests a focus on international programs, which often have unique operational costs.

Overall, Mission Honduras Lemars Inc appears to be a financially stable organization with a commitment to transparency through its consistent filings and a notable lack of executive compensation. Its financial health is generally sound, though monitoring the recent trend of expenses exceeding revenue will be important. The consistent growth in assets over the long term, despite revenue fluctuations, points to prudent financial management.

Is Mission Honduras Lemars Inc Legit?

Verdict: Mission Honduras Lemars Inc appears trustworthy

Red Flags