Quick charity verification for Prairie Loft Center (EIN: 201556250)
Verdict: Prairie Loft Center appears trustworthy
85/100Mission Score
$352KRevenue
$1.5MAssets
1Red Flags
4Strengths
Red Flags
Significant operating deficit in the latest fiscal year (202312), with expenses exceeding revenue by $161,999.
Strengths
Consistent asset growth over the past decade, indicating strong long-term financial management.
No reported officer compensation across all filings, suggesting high efficiency in directing funds to mission.
Healthy asset base ($1,497,051 in 2023) providing financial stability.
Low liabilities relative to assets, indicating sound financial health.
Spending Breakdown
How Prairie Loft Center allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Prairie Loft Center
Is Prairie Loft Center a legitimate charity?
Based on AI analysis of IRS 990 filings, Prairie Loft Center (EIN: 201556250) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Prairie Loft Center a good charity to donate to?
Prairie Loft Center has a Mission Score of 85/100. Revenue: $352K. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Prairie Loft Center?
The Employer Identification Number (EIN) for Prairie Loft Center is 201556250. 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 Prairie Loft Center spend its money?
Prairie Loft Center allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Prairie Loft Center's tax-exempt status?
You can verify Prairie Loft Center's tax-exempt status using EIN 201556250 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
Prairie Loft Center demonstrates a generally stable financial position with consistent asset growth over the past decade, reaching $1,497,051 in 2023. However, the most recent filing (202312) shows a significant operating deficit, with expenses of $350,823 far exceeding revenue of $188,824. This contrasts with previous years, such as 202212, where revenue ($392,846) comfortably covered expenses ($339,852). The organization has maintained a healthy asset base relative to its annual revenue, suggesting a degree of financial resilience, but the recent deficit warrants closer monitoring.
The organization's spending efficiency appears to be strong in terms of program focus, as indicated by the absence of officer compensation, suggesting resources are directed towards its mission. The consistent growth in assets, even with fluctuating annual revenues and expenses, points to sound long-term financial management. The lack of reported officer compensation also enhances its transparency profile, as it indicates that leadership is either volunteer-based or compensated through other means not categorized as officer compensation on the 990, which is a positive sign for donor confidence.
While the organization's financial health has been robust, the substantial deficit in the latest reporting period (202312) is a concern that could impact future sustainability if it becomes a trend. Donors should review subsequent filings to ensure this was an anomaly rather than a shift in financial management. Overall, Prairie Loft Center appears to be a well-managed organization with a strong commitment to its mission, but the recent financial performance requires attention.