Consistent negative net income (expenses exceeding revenue) over multiple years, indicating reliance on asset drawdowns.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided summary, hindering efficiency analysis.
Unknown NTEE code, making it difficult to benchmark against similar organizations.
Strengths
Substantial asset base ($141,281,580 latest) providing long-term stability.
Zero officer compensation reported across all filings, indicating efficient use of funds for management.
Very low or zero liabilities in most recent filings, demonstrating strong financial health.
Spending Breakdown
How Carpenter Technology Corporation Post Retirement Voluntary Employee 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 Carpenter Technology Corporation Post Retirement Voluntary Employee
Is Carpenter Technology Corporation Post Retirement Voluntary Employee a legitimate charity?
Based on AI analysis of IRS 990 filings, Carpenter Technology Corporation Post Retirement Voluntary Employee (EIN: 133663180) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Carpenter Technology Corporation Post Retirement Voluntary Employee a good charity to donate to?
Carpenter Technology Corporation Post Retirement Voluntary Employee has a Mission Score of 65/100. Revenue: $23.3M. Assets: $141.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Carpenter Technology Corporation Post Retirement Voluntary Employee?
The Employer Identification Number (EIN) for Carpenter Technology Corporation Post Retirement Voluntary Employee is 133663180. 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 Carpenter Technology Corporation Post Retirement Voluntary Employee spend its money?
Carpenter Technology Corporation Post Retirement Voluntary Employee allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Carpenter Technology Corporation Post Retirement Voluntary Employee's tax-exempt status?
You can verify Carpenter Technology Corporation Post Retirement Voluntary Employee's tax-exempt status using EIN 133663180 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
Carpenter Technology Corporation Post Retirement Voluntary Employee appears to function primarily as a trust or fund managing post-retirement benefits, rather than a traditional operating charity. Its financial health is stable, with substantial assets of $141,281,580 as of the latest filing, significantly exceeding its liabilities. However, the organization consistently reports expenses that are higher than its revenue, indicating it is drawing down on its asset base or relying on investment returns not fully captured as 'revenue' in these summaries to cover its obligations. For example, in 2023, revenue was $9,193,926 while expenses were $15,494,487.
Spending efficiency is difficult to assess in the absence of a detailed breakdown of program, administrative, and fundraising expenses. Given its likely purpose, most 'expenses' would be benefit payments, which are direct program-related outlays. The consistent reporting of 0% officer compensation suggests good stewardship in terms of executive pay, but without a clear NTEE code or mission statement, its overall programmatic impact is hard to quantify. Transparency is moderate; while 990 filings are available, the lack of detailed expense categorization limits a deeper analysis of operational efficiency.