Is American Maritime Officers Medical Plan…

Quick charity verification for American Maritime Officers Medical Plan (EIN: 135600786)

Spending Breakdown

How American Maritime Officers Medical Plan 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 American Maritime Officers Medical Plan

Is American Maritime Officers Medical Plan a legitimate charity?

Based on AI analysis of IRS 990 filings, American Maritime Officers Medical Plan (EIN: 135600786) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.

Is American Maritime Officers Medical Plan a good charity to donate to?

American Maritime Officers Medical Plan has a Mission Score of 85/100. Revenue: $53.3M. Assets: $25.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for American Maritime Officers Medical Plan?

The Employer Identification Number (EIN) for American Maritime Officers Medical Plan is 135600786. 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 American Maritime Officers Medical Plan spend its money?

American Maritime Officers Medical Plan allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify American Maritime Officers Medical Plan's tax-exempt status?

You can verify American Maritime Officers Medical Plan's tax-exempt status using EIN 135600786 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 American Maritime Officers Medical Plan operates as a large employee welfare benefit plan, managing significant revenues and expenses related to providing medical benefits. Over the past several years, its financial health appears stable, with revenues generally keeping pace with or slightly exceeding expenses, as seen in 202209 where revenue was $52,974,922 against expenses of $48,307,640. However, there have been periods of deficit, such as 202309 ($47,107,678 revenue vs. $47,346,527 expenses) and 202109 ($49,966,054 revenue vs. $51,962,598 expenses), indicating that managing benefit costs is a continuous challenge. The organization consistently reports zero officer compensation, which is a notable aspect of its financial structure, suggesting that executive leadership is either unpaid or compensated through other means not reported as officer compensation on the 990. Given its nature as a medical plan, the vast majority of its spending is inherently programmatic, focused on providing benefits to its members. The consistent reporting of zero officer compensation across all available filings suggests a high degree of transparency in this specific area, though the overall NTEE code being unknown limits a full comparative analysis of its operational efficiency against similar organizations.

Is American Maritime Officers Medical Plan Legit?

Verdict: American Maritime Officers Medical Plan appears trustworthy

Red Flags

Strengths