Is Wade L Layton Charitable Trust Legit? —…

Quick charity verification for Wade L Layton Charitable Trust (EIN: 208572571)

Spending Breakdown

How Wade L Layton Charitable Trust allocates its funds across programs, administration, and fundraising.

95%

Program Spending

Healthy — majority goes to mission

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 Wade L Layton Charitable Trust

Is Wade L Layton Charitable Trust a legitimate charity?

Based on AI analysis of IRS 990 filings, Wade L Layton Charitable Trust (EIN: 208572571) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.

Is Wade L Layton Charitable Trust a good charity to donate to?

Wade L Layton Charitable Trust has a Mission Score of 90/100. Revenue: $4.6M. Assets: $3.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Wade L Layton Charitable Trust?

The Employer Identification Number (EIN) for Wade L Layton Charitable Trust is 208572571. 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 Wade L Layton Charitable Trust spend its money?

Wade L Layton Charitable Trust allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Wade L Layton Charitable Trust's tax-exempt status?

You can verify Wade L Layton Charitable Trust's tax-exempt status using EIN 208572571 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 Wade L Layton Charitable Trust demonstrates a consistent pattern of distributing more in expenses than it generates in revenue, as seen in the 2021 period where expenses were $4,037,362 against revenues of $1,861,389. This trend is visible across multiple years, indicating that the trust is primarily focused on grantmaking from its existing asset base rather than generating significant new revenue. The trust's assets have been steadily declining over the past decade, from $11,831,993 in 2011 to $3,422,785 currently, which is expected for a charitable trust that distributes its principal over time. The organization reports zero officer compensation across all available filings, which is a strong indicator of efficient administrative spending and a commitment to maximizing funds for charitable purposes. The NTEE code T22 suggests it is a private foundation, which typically operates differently from public charities in terms of fundraising and public transparency expectations.

Given its structure as a charitable trust, its financial health should be viewed through the lens of its mission to disburse funds. The consistent decline in assets reflects its operational model of distributing capital. The absence of officer compensation is a significant positive for spending efficiency. While specific program spending ratios are not detailed in the provided data, the overall expense levels relative to revenue suggest substantial distributions. The transparency is good in terms of publicly available 990 filings, and the consistent reporting of zero liabilities further simplifies its financial picture.

Overall, the Wade L Layton Charitable Trust appears to be a well-managed private foundation, effectively distributing its assets in line with its charitable purpose. Its financial health is stable within the context of its operational model, and its spending efficiency is high due to the lack of executive compensation. The transparency is adequate through its 990 filings, which consistently show its financial activities.

Is Wade L Layton Charitable Trust Legit?

Verdict: Wade L Layton Charitable Trust appears trustworthy

Red Flags

Strengths