Quick charity verification for T 2961 Charitable Trust Uw T Luce (EIN: 136029703)
Verdict: T 2961 Charitable Trust Uw T Luce appears trustworthy
85/100Mission Score
$3.1MRevenue
$11.2MAssets
1Red Flags
4Strengths
Red Flags
NTEE code is unknown, limiting understanding of specific mission focus.
Strengths
Consistent zero officer compensation across all filings, indicating efficient governance.
Strong and stable asset base, consistently over $10 million.
Minimal liabilities ($0 or $1) across all reported periods, indicating strong financial health.
Extensive filing history (11 filings) demonstrates transparency and compliance.
Spending Breakdown
How T 2961 Charitable Trust Uw T Luce 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 T 2961 Charitable Trust Uw T Luce
Is T 2961 Charitable Trust Uw T Luce a legitimate charity?
Based on AI analysis of IRS 990 filings, T 2961 Charitable Trust Uw T Luce (EIN: 136029703) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is T 2961 Charitable Trust Uw T Luce a good charity to donate to?
T 2961 Charitable Trust Uw T Luce has a Mission Score of 85/100. Revenue: $3.1M. Assets: $11.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for T 2961 Charitable Trust Uw T Luce?
The Employer Identification Number (EIN) for T 2961 Charitable Trust Uw T Luce is 136029703. 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 T 2961 Charitable Trust Uw T Luce spend its money?
T 2961 Charitable Trust Uw T Luce allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify T 2961 Charitable Trust Uw T Luce's tax-exempt status?
You can verify T 2961 Charitable Trust Uw T Luce's tax-exempt status using EIN 136029703 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
T 2961 Charitable Trust Uw T Luce appears to be a private foundation, as indicated by its consistent asset base and the nature of its filings. The organization consistently reports zero officer compensation across all available filings, which is a positive indicator of efficient governance and resource allocation directly to its charitable purpose. However, the NTEE code is unknown, which limits a detailed understanding of its specific programmatic focus. The trust's financial health shows a stable asset base, with assets consistently over $10 million in recent years, reaching $11,170,543 in the latest period. While revenue has fluctuated, the trust has maintained its asset base, suggesting prudent financial management of its endowment.
Spending efficiency is difficult to fully assess without a detailed breakdown of expenses into program, administrative, and fundraising categories, which are not explicitly provided in the summary data. However, the consistent reporting of zero officer compensation suggests that a significant portion of its operational costs are not tied to executive salaries. The trust's liabilities are consistently reported as $0 or $1, indicating a very strong balance sheet and minimal financial risk. The primary function of such a trust is typically grant-making, and the lack of significant operational overhead beyond the grants themselves would generally imply high efficiency in its core mission.
Transparency is moderate. The availability of 11 years of IRS 990 filings is good, demonstrating a commitment to public disclosure. However, the absence of an NTEE code and the lack of detailed expense breakdowns in the provided data limit the ability to fully understand its specific charitable activities and how its funds are precisely allocated. For a private foundation, the key transparency aspect would be the disclosure of its grant recipients, which is not available in this summary data.