Is Dental Benefits Plan Of The Elevator Industry Legit?
Quick charity verification for Dental Benefits Plan Of The Elevator Industry (EIN: 115219005)
Verdict: Dental Benefits Plan Of The Elevator Industry shows mixed signals
65/100Mission Score
$3.1MRevenue
$3.3MAssets
3Red Flags
3Strengths
Red Flags
Significant decline in assets over the past several years, from $6,006,745 in 201709 to $2,752,111 in 202309.
Multiple years of operating deficits, such as 202209 where expenses exceeded revenue by over $800,000.
Consistent reporting of 0% officer compensation, which is unusual for an organization with millions in revenue and assets and may warrant further scrutiny into how leadership is compensated or structured.
Strengths
Positive net income in the latest filing (202309), with revenue slightly exceeding expenses.
Consistent reporting of 0% officer compensation, indicating a potential commitment to minimizing executive pay or a unique operational structure.
The organization has maintained operations for over a decade, demonstrating longevity.
Spending Breakdown
How Dental Benefits Plan Of The Elevator Industry 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 Dental Benefits Plan Of The Elevator Industry
Is Dental Benefits Plan Of The Elevator Industry a legitimate charity?
Based on AI analysis of IRS 990 filings, Dental Benefits Plan Of The Elevator Industry (EIN: 115219005) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Dental Benefits Plan Of The Elevator Industry a good charity to donate to?
Dental Benefits Plan Of The Elevator Industry has a Mission Score of 65/100. Revenue: $3.1M. Assets: $3.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Dental Benefits Plan Of The Elevator Industry?
The Employer Identification Number (EIN) for Dental Benefits Plan Of The Elevator Industry is 115219005. 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 Dental Benefits Plan Of The Elevator Industry spend its money?
Dental Benefits Plan Of The Elevator Industry allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Dental Benefits Plan Of The Elevator Industry's tax-exempt status?
You can verify Dental Benefits Plan Of The Elevator Industry's tax-exempt status using EIN 115219005 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
Dental Benefits Plan Of The Elevator Industry demonstrates a fluctuating financial performance over the past decade. While the organization reported a positive net income in its latest filing (202309) with revenues of $2,860,489 exceeding expenses of $2,854,547, it experienced significant deficits in prior years, notably in 202209 where expenses ($2,710,100) substantially outpaced revenues ($1,895,528). The organization's assets have also seen a considerable decline from a peak of $6,006,745 in 201709 to $2,752,111 in 202309, indicating a reduction in its financial reserves. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing administrative overhead in this specific area, which is a positive indicator for transparency regarding executive pay.