Is Ben Dyer Associates Inc Veba Trust Legit?

Quick charity verification for Ben Dyer Associates Inc Veba Trust (EIN: 201501203)

Verdict: Ben Dyer Associates Inc Veba Trust shows mixed signals

65/100Mission Score
$125KRevenue
$214KAssets
3Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Ben Dyer Associates Inc Veba Trust allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
10%
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 Ben Dyer Associates Inc Veba Trust

Is Ben Dyer Associates Inc Veba Trust a legitimate charity?

Based on AI analysis of IRS 990 filings, Ben Dyer Associates Inc Veba Trust (EIN: 201501203) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is Ben Dyer Associates Inc Veba Trust a good charity to donate to?

Ben Dyer Associates Inc Veba Trust has a Mission Score of 65/100. Revenue: $125K. Assets: $214K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Ben Dyer Associates Inc Veba Trust?

The Employer Identification Number (EIN) for Ben Dyer Associates Inc Veba Trust is 201501203. 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 Ben Dyer Associates Inc Veba Trust spend its money?

Ben Dyer Associates Inc Veba Trust allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Ben Dyer Associates Inc Veba Trust's tax-exempt status?

You can verify Ben Dyer Associates Inc Veba Trust's tax-exempt status using EIN 201501203 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

Ben Dyer Associates Inc Veba Trust, operating under NTEE code Y43 (Employee Beneficiary Associations), appears to be a trust designed to provide benefits, rather than a traditional public charity. Its financial health shows a concerning trend of declining revenue and increasing expenses in recent years. For instance, in 2022, the organization reported revenue of $125,216 against expenses of $188,093, resulting in a deficit. This continues a trend seen in 2021 (revenue $100,220, expenses $204,481) and contrasts sharply with earlier periods like 2013 where revenue significantly exceeded expenses. The organization's assets have also decreased from a high of $381,446 in 2020 to $214,308 in 2022, indicating a draw-down on reserves. Given its structure as a VEBA Trust, the concept of 'program spending' in the traditional sense for a public charity is not directly applicable. Its primary function is to manage and disburse benefits, which would constitute its 'program' activity. The consistent reporting of zero liabilities across all filings suggests good financial management in terms of debt, but the sustained operational deficits are a concern. Transparency is generally good, with consistent 990 filings available, and the absence of officer compensation simplifies the analysis of resource allocation, indicating that funds are not being diverted to high executive salaries. However, without detailed breakdowns of expenses within the 990, it's difficult to assess the efficiency of benefit distribution or administrative overhead.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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