Is National Leiomyosarcoma Foundation Legit?

Quick charity verification for National Leiomyosarcoma Foundation (EIN: 141834266)

Verdict: National Leiomyosarcoma Foundation appears trustworthy

92/100Mission Score
$181KRevenue
$453KAssets
1Red Flags
5Strengths

Red Flags

Strengths

Spending Breakdown

How National Leiomyosarcoma Foundation allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
5%
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 National Leiomyosarcoma Foundation

Is National Leiomyosarcoma Foundation a legitimate charity?

Based on AI analysis of IRS 990 filings, National Leiomyosarcoma Foundation (EIN: 141834266) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.

Is National Leiomyosarcoma Foundation a good charity to donate to?

National Leiomyosarcoma Foundation has a Mission Score of 92/100. Revenue: $181K. Assets: $453K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for National Leiomyosarcoma Foundation?

The Employer Identification Number (EIN) for National Leiomyosarcoma Foundation is 141834266. 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 National Leiomyosarcoma Foundation spend its money?

National Leiomyosarcoma Foundation allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify National Leiomyosarcoma Foundation's tax-exempt status?

You can verify National Leiomyosarcoma Foundation's tax-exempt status using EIN 141834266 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

The National Leiomyosarcoma Foundation demonstrates a generally stable financial position with consistent revenue streams over the past several years, though with some fluctuations. In 2023, the organization reported revenues of $257,583 against expenses of $259,406, indicating spending slightly exceeded income for that period. However, the prior year (2022) showed a significant surplus with revenues of $264,822 against expenses of $134,575, contributing to a healthy asset base of $465,287. The organization consistently reports zero liabilities, which is a strong indicator of financial stability and responsible management, as it suggests no outstanding debts. The foundation's spending efficiency appears to be strong, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that leadership is either volunteer-based or compensated through other means not classified as officer compensation, which can free up more funds for programmatic activities. While specific program spending percentages are not detailed in the provided data, the absence of officer compensation is a positive sign for donor confidence. The organization's assets have grown substantially over the decade, from $201,151 in 2014 to $463,463 in 2023, indicating effective asset management and accumulation. Transparency is high regarding executive compensation, as the 0% officer compensation is clearly stated in all filings. The consistent filing of IRS Form 990s over 13 periods also demonstrates a commitment to regulatory compliance and public disclosure. The organization's financial health appears robust, supported by growing assets and a lack of liabilities, despite occasional years where expenses slightly outpace revenue, which is not uncommon for non-profits managing fluctuating donations and program needs.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

Related Pages