Landis Hcbs Llc
Landis Hcbs Llc consistently operates with expenses often exceeding revenues, showing growing assets but also significant liabilities.
EIN: 204435391 · Lititz, PA · NTEE: L22 · Updated: 2026-03-28
Is Landis Hcbs Llc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Landis Hcbs Llc directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Landis Hcbs Llc
Landis Hcbs Llc (EIN: 204435391) is a nonprofit organization based in Lititz, PA, classified under NTEE code L22. The organization reported total revenue of $2.5M and total assets of $446K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Landis Hcbs Llc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Landis Hcbs Llc with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Landis Hcbs Llc allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation, which is unusual for an entity of its size with over $2 million in revenue. This could indicate that compensation is paid through a related entity or that the organization relies heavily on volunteer leadership, requiring further clarification for a full understanding of executive remuneration.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Landis Hcbs Llc's IRS 990 filings:
- Consistent operating deficits (expenses exceeding revenue in multiple periods, e.g., 202306, 202206, 202106, 202006)
- Significant liabilities relative to assets (e.g., 202106 liabilities of $757,069 vs. assets of $295,094)
- 0% reported officer compensation for an organization with over $2 million in revenue, which may obscure true executive costs or indicate an unusual operational structure.
Strengths
The following positive indicators were identified for Landis Hcbs Llc:
- Consistent revenue generation over $1.7 million annually, indicating stable demand for services.
- Growth in assets over the past five years, from $245,462 in 201906 to $409,542 in 202306.
Frequently Asked Questions about Landis Hcbs Llc
Is Landis Hcbs Llc a legitimate charity?
Based on AI analysis of IRS 990 filings, Landis Hcbs Llc (EIN: 204435391) some concerns. Mission Score: 65/100. 3 red flags identified, 2 strengths noted.
How does Landis Hcbs Llc spend its money?
Landis Hcbs Llc directs 85% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Landis Hcbs Llc tax-deductible?
Landis Hcbs Llc is registered as a tax-exempt nonprofit (EIN: 204435391). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Landis Hcbs Llc financially stable given its consistent operating deficits?
Landis Hcbs Llc has frequently reported expenses exceeding revenues, such as in 202306 where expenses were $2,127,903 against revenues of $2,119,451. While assets have grown, significant liabilities, like $454,683 in 202306, suggest potential financial strain or reliance on external funding sources.
How does Landis Hcbs Llc manage to operate with 0% reported officer compensation?
The consistent reporting of 0% officer compensation across all filings is atypical for an organization with over $2 million in revenue. This could imply that executive services are provided pro bono, compensated through a related for-profit entity (given the 'LLC' designation), or that compensation is categorized differently within the financial statements, warranting further inquiry.
What is the nature of the significant liabilities reported by Landis Hcbs Llc?
Landis Hcbs Llc has reported substantial liabilities, such as $454,683 in 202306 and $757,069 in 202106. Understanding the nature of these liabilities (e.g., program-related debt, operational loans, deferred revenue) is crucial to assess the organization's long-term financial health and risk exposure.
Filing History
IRS 990 filing history for Landis Hcbs Llc showing financial trends over 5 years of public records:
Over 5 years of IRS 990 filings (2019–2023), Landis Hcbs Llc's revenue has grown by 2.4%, moving from $2.1M to $2.1M. Total assets increased by 66.8% over the same period, from $245K to $410K. Total functional expenses rose by 5.6%, from $2.0M to $2.1M. In its most recent filing year (2023), Landis Hcbs Llc reported a deficit of $8K, with expenses exceeding revenue. The organization holds $455K in liabilities against $410K in assets (debt-to-asset ratio: 111.0%), resulting in net assets of $-45,141.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $2.1M | $2.1M | $410K | $455K | — | View 990 |
| 2022 | $1.9M | $2.0M | $309K | $346K | — | View 990 |
| 2021 | $1.8M | $1.8M | $295K | $757K | — | View 990 |
| 2020 | $2.0M | $2.2M | $248K | $648K | — | View 990 |
| 2019 | $2.1M | $2.0M | $245K | $631K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $2.1M, expenses of $2.1M, and assets of $410K (revenue +10.8% year-over-year).
- 2022: Revenue of $1.9M, expenses of $2.0M, and assets of $309K (revenue +9.2% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.8M, and assets of $295K (revenue -12.4% year-over-year).
- 2020: Revenue of $2.0M, expenses of $2.2M, and assets of $248K (revenue -3.4% year-over-year).
- 2019: Revenue of $2.1M, expenses of $2.0M, and assets of $245K.
Data Sources and Methodology
This transparency report for Landis Hcbs Llc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.