Quick charity verification for Construction Workers Welfare Fund 147 (EIN: 136101595)
Verdict: Construction Workers Welfare Fund 147 appears trustworthy
75/100Mission Score
$3.9MRevenue
$4.0MAssets
3Red Flags
3Strengths
Red Flags
Significant historical revenue and expense volatility
Operating deficits in multiple past years (e.g., 2014-2019)
Unknown NTEE code, hindering peer comparison and mission clarity
Strengths
Consistent 0% officer compensation across all filings
Positive net income in the latest two reporting periods (202212 and 202312)
Substantial reduction in liabilities from previous highs
Spending Breakdown
How Construction Workers Welfare Fund 147 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 Workers Welfare Fund 147
Is Construction Workers Welfare Fund 147 a legitimate charity?
Based on AI analysis of IRS 990 filings, Construction Workers Welfare Fund 147 (EIN: 136101595) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Construction Workers Welfare Fund 147 a good charity to donate to?
Construction Workers Welfare Fund 147 has a Mission Score of 75/100. Revenue: $3.9M. Assets: $4.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Construction Workers Welfare Fund 147?
The Employer Identification Number (EIN) for Construction Workers Welfare Fund 147 is 136101595. 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 Workers Welfare Fund 147 spend its money?
Construction Workers Welfare Fund 147 allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Construction Workers Welfare Fund 147's tax-exempt status?
You can verify Construction Workers Welfare Fund 147's tax-exempt status using EIN 136101595 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 Workers Welfare Fund demonstrates a fluctuating financial history, with significant revenue and expense swings over the past decade. While the organization reported a positive net income in its latest filing (202312: Revenue $2,715,566 vs. Expenses $2,059,159), this follows several years of operating deficits, particularly between 2014 and 2019. The organization's assets have also seen considerable variation, peaking at $12,171,276 in 2014 and currently standing at $2,884,439 as of 202312. A notable strength is the consistent reporting of 0% officer compensation across all available filings, indicating a commitment to directing funds towards its mission rather than executive salaries. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The NTEE code being unknown also limits the ability to benchmark against similar organizations.