Quick charity verification for Silver Lake Land Trust (EIN: 20436915)
Verdict: Silver Lake Land Trust appears trustworthy
92/100Mission Score
$11KRevenue
$85KAssets
1Red Flags
5Strengths
Red Flags
Unexplained spikes in expenses in 2018 and 2019 without corresponding revenue spikes, leading to significant net losses in those years.
Strengths
Consistent revenue generation relative to ongoing operational expenses.
Strong asset growth in recent years (from $36,492 in 2020 to $75,672 in 2023).
Extremely low operational expenses relative to revenue, indicating high efficiency.
Zero reported officer compensation across all filings, suggesting volunteer leadership or highly efficient administrative costs.
No reported liabilities, indicating a very healthy balance sheet.
Spending Breakdown
How Silver Lake Land Trust 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 Silver Lake Land Trust
Is Silver Lake Land Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Silver Lake Land Trust (EIN: 20436915) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Silver Lake Land Trust a good charity to donate to?
Silver Lake Land Trust has a Mission Score of 92/100. Revenue: $11K. Assets: $85K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Silver Lake Land Trust?
The Employer Identification Number (EIN) for Silver Lake Land Trust is 20436915. 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 Silver Lake Land Trust spend its money?
Silver Lake Land Trust allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Silver Lake Land Trust's tax-exempt status?
You can verify Silver Lake Land Trust's tax-exempt status using EIN 20436915 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
Silver Lake Land Trust demonstrates strong financial health with consistent revenue streams and a healthy asset base relative to its expenses. In the latest filing (202306), the organization reported revenue of $14,724 against expenses of $1,825, indicating a significant surplus. This trend of expenses being considerably lower than revenue is consistent across recent years, allowing for asset growth from $36,492 in 2020 to $75,672 in 2023. The organization's spending efficiency appears very high, as a large portion of its revenue is retained or directly contributes to its mission without being consumed by operational costs. The absence of officer compensation and liabilities further enhances its financial stability and transparency. While specific program spending details are not provided in this summary, the overall financial picture suggests a well-managed and fiscally prudent organization.