Is Detectives Endowment Association Health Benefits Fund Legit?
Quick charity verification for Detectives Endowment Association Health Benefits Fund (EIN: 132977629)
Verdict: Detectives Endowment Association Health Benefits Fund appears trustworthy
85/100Mission Score
$8.2MRevenue
$407KAssets
2Red Flags
4Strengths
Red Flags
Significant year-over-year fluctuations in assets and liabilities, indicating potential financial volatility.
Expenses frequently exceeding revenue in several past periods (e.g., 2022, 2020, 2019, 2018, 2017, 2016, 2015, 2014) which could lead to drawing down reserves if not managed.
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency in executive overhead.
High proportion of expenses dedicated to its core mission (benefit distribution), as typical for a health benefits fund.
Significant revenue growth in recent years, from $6,970,697 in 2021 to $17,462,264 in 2023.
Positive net income in the latest filing period (2023), reversing previous deficits.
Spending Breakdown
How Detectives Endowment Association Health Benefits Fund 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 Detectives Endowment Association Health Benefits Fund
Is Detectives Endowment Association Health Benefits Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Detectives Endowment Association Health Benefits Fund (EIN: 132977629) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Detectives Endowment Association Health Benefits Fund a good charity to donate to?
Detectives Endowment Association Health Benefits Fund has a Mission Score of 85/100. Revenue: $8.2M. Assets: $407K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Detectives Endowment Association Health Benefits Fund?
The Employer Identification Number (EIN) for Detectives Endowment Association Health Benefits Fund is 132977629. 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 Detectives Endowment Association Health Benefits Fund spend its money?
Detectives Endowment Association Health Benefits Fund allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Detectives Endowment Association Health Benefits Fund's tax-exempt status?
You can verify Detectives Endowment Association Health Benefits Fund's tax-exempt status using EIN 132977629 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 Detectives Endowment Association Health Benefits Fund primarily operates as a health benefits fund, which inherently means a significant portion of its expenditures are direct benefit payments rather than traditional 'program services' in the charitable sense. The organization demonstrates a consistent pattern of expenses closely tracking or slightly exceeding revenue in most years, indicating it is primarily distributing funds rather than accumulating significant reserves. For instance, in 2023, revenue was $17,462,264 against expenses of $17,062,217, showing a tight operational margin. The fund's assets have fluctuated significantly over the years, from a high of $21,185,466 in 2014 to a low of $212,477 in 2019, before recovering to $704,753 in 2023. This volatility in assets, coupled with varying liabilities, suggests a dynamic financial environment. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards its primary purpose without significant executive overhead, which is a positive sign for efficiency and transparency.