Is Allied Committee For The Truckingindustry Inc Legit?
Quick charity verification for Allied Committee For The Truckingindustry Inc (EIN: 205029296)
Verdict: Allied Committee For The Truckingindustry Inc appears trustworthy
85/100Mission Score
$910KRevenue
$709KAssets
1Red Flags
4Strengths
Red Flags
Emergence of significant liabilities in recent years ($265,000 in 2023) without clear context in the provided data.
Strengths
Consistent revenue generation, generally between $900,000 and $1,015,059 annually.
Significant growth in assets from $308,454 in 2014 to $820,142 in 2023.
Zero reported officer compensation across all available filings, indicating strong financial stewardship.
Long history of IRS 990 filings (13 filings), demonstrating commitment to transparency.
Spending Breakdown
How Allied Committee For The Truckingindustry Inc allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Allied Committee For The Truckingindustry Inc
Is Allied Committee For The Truckingindustry Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Allied Committee For The Truckingindustry Inc (EIN: 205029296) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Allied Committee For The Truckingindustry Inc a good charity to donate to?
Allied Committee For The Truckingindustry Inc has a Mission Score of 85/100. Revenue: $910K. Assets: $709K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Allied Committee For The Truckingindustry Inc?
The Employer Identification Number (EIN) for Allied Committee For The Truckingindustry Inc is 205029296. 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 Allied Committee For The Truckingindustry Inc spend its money?
Allied Committee For The Truckingindustry Inc allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Allied Committee For The Truckingindustry Inc's tax-exempt status?
You can verify Allied Committee For The Truckingindustry Inc's tax-exempt status using EIN 205029296 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
Allied Committee For The Truckingindustry Inc demonstrates consistent financial activity, with revenues generally hovering around $900,000 to $1 million annually. In the latest period (202312), the organization reported revenues of $1,015,059 against expenses of $926,687, indicating a surplus. The organization's assets have shown growth, increasing from $308,454 in 2014 to $820,142 in 2023, suggesting a healthy accumulation of resources over time. However, liabilities have also emerged in recent years, reaching $265,000 in 2023, which warrants monitoring.
The organization's spending efficiency appears stable, with expenses closely tracking revenues. A significant positive indicator is the consistent reporting of 0% officer compensation across all available filings, suggesting that executive leadership is either unpaid or compensated through other means not classified as officer compensation on the 990, which enhances public trust. Without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is limited, but the overall financial picture suggests a well-managed operation within its revenue scope.
Transparency is generally good, with 13 filings available, demonstrating a commitment to public disclosure. The absence of officer compensation is a strong point for transparency and public perception. To further enhance transparency, a more detailed breakdown of functional expenses would be beneficial for stakeholders to understand how funds are allocated across programs, administration, and fundraising efforts.