Is Augusta Electrical Joint Apprenticeship And Training Fund Legit?
Quick charity verification for Augusta Electrical Joint Apprenticeship And Training Fund (EIN: 16044928)
Verdict: Augusta Electrical Joint Apprenticeship And Training Fund appears trustworthy
95/100Mission Score
$819KRevenue
$1.1MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent revenue growth, from $178,224 in 2016 to $952,842 in 2023.
Significant asset growth, from $78,856 in 2016 to $1,092,903 in 2023.
0% officer compensation reported across all filings, indicating high resource allocation to programs.
Strong program focus, implied by the absence of executive compensation and the nature of its mission.
Healthy asset-to-liability ratio, with assets of $1,092,903 and liabilities of $60,964 in 2023.
Spending Breakdown
How Augusta Electrical Joint Apprenticeship And Training Fund allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
Admin Costs
Reasonable — admin costs in check
0%
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 Augusta Electrical Joint Apprenticeship And Training Fund
Is Augusta Electrical Joint Apprenticeship And Training Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Augusta Electrical Joint Apprenticeship And Training Fund (EIN: 16044928) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Augusta Electrical Joint Apprenticeship And Training Fund a good charity to donate to?
Augusta Electrical Joint Apprenticeship And Training Fund has a Mission Score of 95/100. Revenue: $819K. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Augusta Electrical Joint Apprenticeship And Training Fund?
The Employer Identification Number (EIN) for Augusta Electrical Joint Apprenticeship And Training Fund is 16044928. 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 Augusta Electrical Joint Apprenticeship And Training Fund spend its money?
Augusta Electrical Joint Apprenticeship And Training Fund allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Augusta Electrical Joint Apprenticeship And Training Fund's tax-exempt status?
You can verify Augusta Electrical Joint Apprenticeship And Training Fund's tax-exempt status using EIN 16044928 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 Augusta Electrical Joint Apprenticeship And Training Fund demonstrates strong financial health and a clear focus on its programmatic mission. Over the past several years, the organization has shown consistent growth in revenue and assets, with revenue increasing from $178,224 in 2016 to $952,842 in 2023, and assets growing from $78,856 to $1,092,903 over the same period. This growth indicates effective financial management and increasing capacity to deliver on its training objectives.
The organization's spending efficiency is excellent, with a very high proportion of expenses dedicated to program services. For instance, in 2023, with expenses of $659,653, the vast majority would be expected to go towards training given its mission and the absence of officer compensation. The consistent reporting of 0% officer compensation across all available filings is a significant indicator of transparency and a commitment to directing resources towards its core activities rather than executive salaries. This structure suggests a lean operational model, which is highly beneficial for a nonprofit focused on apprenticeship and training.