Is The Loss Executives Association Al…

Quick charity verification for The Loss Executives Association Al Peters (EIN: 133214623)

Spending Breakdown

How The Loss Executives Association Al Peters 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 The Loss Executives Association Al Peters

Is The Loss Executives Association Al Peters a legitimate charity?

Based on AI analysis of IRS 990 filings, The Loss Executives Association Al Peters (EIN: 133214623) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.

Is The Loss Executives Association Al Peters a good charity to donate to?

The Loss Executives Association Al Peters has a Mission Score of 90/100. Revenue: $937K. Assets: $1.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for The Loss Executives Association Al Peters?

The Employer Identification Number (EIN) for The Loss Executives Association Al Peters is 133214623. 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 The Loss Executives Association Al Peters spend its money?

The Loss Executives Association Al Peters allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify The Loss Executives Association Al Peters's tax-exempt status?

You can verify The Loss Executives Association Al Peters's tax-exempt status using EIN 133214623 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 Loss Executives Association Al Peters demonstrates a strong financial position with consistent revenue growth and healthy asset accumulation. In 2023, the organization reported revenue of $862,576 against expenses of $577,277, resulting in a significant surplus. This trend of revenue exceeding expenses is largely consistent over the past few years, indicating sound financial management and sustainability. The organization's assets have grown substantially, reaching $1,051,690 in 2023, with no reported liabilities, which is a strong indicator of financial stability and low risk.

Regarding spending efficiency, the absence of reported officer compensation across all available filings suggests that the organization operates with a volunteer or very low-paid leadership structure, which can contribute to a higher proportion of funds being directed towards its mission. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the overall financial health and lack of liabilities are positive signs. The consistent growth in revenue and assets, particularly from 2021 to 2023, where revenue more than doubled from $353,711 to $862,576, highlights effective fundraising or membership engagement.

Transparency is generally good, as evidenced by the consistent filing of IRS Form 990s. The clear reporting of zero liabilities and zero officer compensation in all periods reviewed enhances trust. However, without a detailed functional expense breakdown (program, admin, fundraising), it's challenging to fully assess the efficiency of spending beyond the overall surplus. The organization's financial trajectory suggests a well-managed entity with a focus on accumulating resources, likely to support its mission as a professional association (NTEE Code S41).

Is The Loss Executives Association Al Peters Legit?

Verdict: The Loss Executives Association Al Peters appears trustworthy

Red Flags

Strengths