Is Construction Industry Workers Charitable Foundation Legit?
Quick charity verification for Construction Industry Workers Charitable Foundation (EIN: 204469215)
Verdict: Construction Industry Workers Charitable Foundation appears trustworthy
90/100Mission Score
$217KRevenue
$604KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $330,846 in 2014 to $466,215 in 2023, indicating strong financial management.
No reported liabilities in recent filings, demonstrating excellent solvency.
0% officer compensation across all filings, suggesting a high proportion of funds are directed to programs.
Positive net income in most recent years (e.g., $50,207 surplus in 2023), contributing to financial stability.
Extensive filing history (13 filings) provides strong transparency and accountability.
Spending Breakdown
How Construction Industry Workers Charitable Foundation 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 Construction Industry Workers Charitable Foundation
Is Construction Industry Workers Charitable Foundation a legitimate charity?
Based on AI analysis of IRS 990 filings, Construction Industry Workers Charitable Foundation (EIN: 204469215) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Construction Industry Workers Charitable Foundation a good charity to donate to?
Construction Industry Workers Charitable Foundation has a Mission Score of 90/100. Revenue: $217K. Assets: $604K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Construction Industry Workers Charitable Foundation?
The Employer Identification Number (EIN) for Construction Industry Workers Charitable Foundation is 204469215. 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 Construction Industry Workers Charitable Foundation spend its money?
Construction Industry Workers Charitable Foundation allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Construction Industry Workers Charitable Foundation's tax-exempt status?
You can verify Construction Industry Workers Charitable Foundation's tax-exempt status using EIN 204469215 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 Construction Industry Workers Charitable Foundation demonstrates consistent financial health with a positive net income in most recent years. For example, in 2023, revenue was $150,425 against expenses of $100,218, indicating a surplus. The organization's assets have also shown steady growth, increasing from $330,846 in 2014 to $466,215 in 2023, with no reported liabilities in recent filings, suggesting strong financial management and solvency. This consistent asset growth and lack of debt contribute positively to its long-term stability.
Spending efficiency appears strong, particularly given the consistent absence of officer compensation, which suggests that resources are primarily directed towards the organization's mission rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall trend of expenses being less than revenue in most recent periods (e.g., 2023, 2022, 2021) indicates responsible spending. The organization's transparency is bolstered by its consistent filing history, with 13 filings available, allowing for a clear historical view of its financial operations.
Overall, the foundation appears to be a well-managed entity with a focus on its charitable purpose, as evidenced by its financial stability, asset growth, and the absence of executive compensation. Its consistent financial reporting further enhances its transparency, allowing stakeholders to track its performance over time.