Quick charity verification for Asc Group Welfare Benefit Trust (EIN: 133827659)
Verdict: Asc Group Welfare Benefit Trust shows mixed signals
60/100Mission Score
$32.1MRevenue
$10KAssets
3Red Flags
3Strengths
Red Flags
Extremely low assets ($10,395) relative to multi-million dollar revenue ($32,055,242), indicating a potential pass-through structure or lack of financial reserves.
Consistent expenses closely matching or slightly exceeding revenue, suggesting minimal accumulation of funds.
No reported officer compensation across all filings, which is unusual for an organization of this financial scale.
Strengths
Consistent annual revenue generation in the tens of millions.
Consistent filing of IRS Form 990s, indicating compliance with reporting requirements.
Generally low or zero reported liabilities across most filing periods, suggesting good debt management.
Spending Breakdown
How Asc Group Welfare Benefit Trust allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Asc Group Welfare Benefit Trust
Is Asc Group Welfare Benefit Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Asc Group Welfare Benefit Trust (EIN: 133827659) shows mixed signals. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.
Is Asc Group Welfare Benefit Trust a good charity to donate to?
Asc Group Welfare Benefit Trust has a Mission Score of 60/100. Revenue: $32.1M. Assets: $10K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Asc Group Welfare Benefit Trust?
The Employer Identification Number (EIN) for Asc Group Welfare Benefit Trust is 133827659. 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 Asc Group Welfare Benefit Trust spend its money?
Asc Group Welfare Benefit Trust allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Asc Group Welfare Benefit Trust's tax-exempt status?
You can verify Asc Group Welfare Benefit Trust's tax-exempt status using EIN 133827659 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
Asc Group Welfare Benefit Trust consistently reports substantial revenue, with the latest filing showing $32,055,242. However, a significant red flag is the extremely low asset base of $10,395 compared to its multi-million dollar revenue and expenses. This suggests that the organization operates on a very tight margin, with funds flowing through quickly, or that its financial structure is not typical for a traditional nonprofit holding significant reserves. The consistent reporting of zero liabilities in most recent years is positive, indicating it's not carrying debt.
The organization's spending efficiency is difficult to fully assess without a detailed functional expense breakdown (program, administrative, fundraising) which is not provided in the summary data. The consistent pattern of expenses closely matching or slightly exceeding revenue across multiple years (e.g., 201812: Revenue $33,094,627 vs. Expenses $33,263,243) indicates that nearly all incoming funds are expended annually. The lack of reported officer compensation across all filings suggests either a volunteer-led structure or that compensation is reported under other expense categories, which could impact transparency.
Transparency is moderate. While the organization files its IRS Form 990s consistently, the absence of NTEE code and detailed functional expense breakdown in the provided data limits a deeper understanding of its operational focus and efficiency. The extremely low asset base relative to revenue warrants further investigation to understand the nature of this 'Welfare Benefit Trust' and how it manages its financial resources.