Consistent 0% officer compensation for an organization of this size may indicate compensation through an affiliated entity, potentially obscuring the full picture of executive pay.
Strengths
Consistent balancing of revenue and expenses, indicating strong financial management.
Zero reported officer compensation across all filings, suggesting a high dedication to mission.
Healthy growth in assets over the past decade, from $11.8M in 2014 to $24.3M in 2023.
Stable financial position with manageable liabilities relative to assets.
Spending Breakdown
How Tricore Laboratory Services Corporation allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Tricore Laboratory Services Corporation
Is Tricore Laboratory Services Corporation a legitimate charity?
Based on AI analysis of IRS 990 filings, Tricore Laboratory Services Corporation (EIN: 201358178) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Tricore Laboratory Services Corporation a good charity to donate to?
Tricore Laboratory Services Corporation has a Mission Score of 90/100. Revenue: $128.1M. Assets: $23.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Tricore Laboratory Services Corporation?
The Employer Identification Number (EIN) for Tricore Laboratory Services Corporation is 201358178. 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 Tricore Laboratory Services Corporation spend its money?
Tricore Laboratory Services Corporation allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Tricore Laboratory Services Corporation's tax-exempt status?
You can verify Tricore Laboratory Services Corporation's tax-exempt status using EIN 201358178 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
Tricore Laboratory Services Corporation demonstrates consistent financial stability with revenues generally exceeding or matching expenses over the past several years, indicating sound operational management. For instance, in 2023, revenue and expenses were perfectly balanced at $122,938,121, and similar balances are seen in 2022, 2021, and 2020. The organization's assets have also shown growth, from $11,814,458 in 2014 to $24,397,024 in 2023, suggesting a healthy accumulation of resources. A notable aspect of Tricore's financial management is the consistent reporting of 0% officer compensation across all available filings, which is a strong indicator of financial transparency and a focus on mission-related spending rather than executive enrichment. This practice significantly enhances donor confidence and reflects a commitment to utilizing funds for the organization's stated purpose.