Is Detectives Endowment Association Retirees Health Benefits Fund Legit?
Quick charity verification for Detectives Endowment Association Retirees Health Benefits Fund (EIN: 133000532)
Verdict: Detectives Endowment Association Retirees Health Benefits Fund appears trustworthy
85/100Mission Score
$22.8MRevenue
$5.8MAssets
2Red Flags
5Strengths
Red Flags
Significant decline in assets from $47M in 2014 to $2.4M in 2020 without clear explanation in summary data.
No reported officer compensation for an organization with over $20 million in annual revenue, which is unusual and warrants further investigation into how leadership is compensated or structured.
Strengths
Consistent high revenue generation, exceeding $20 million in most recent years, indicating stable funding.
Strong program focus, with the vast majority of expenses likely directed towards health benefits.
Positive net income in the most recent filing (202312), with revenue of $30,987,256 exceeding expenses of $27,984,549.
Growth in assets in recent years, from $2,484,863 in 2020 to $6,688,101 in 2023, suggesting financial recovery or rebuilding of reserves.
Consistent IRS 990 filing history over 13 periods, demonstrating regulatory compliance and transparency.
Spending Breakdown
How Detectives Endowment Association Retirees 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 Retirees Health Benefits Fund
Is Detectives Endowment Association Retirees Health Benefits Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Detectives Endowment Association Retirees Health Benefits Fund (EIN: 133000532) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is Detectives Endowment Association Retirees Health Benefits Fund a good charity to donate to?
Detectives Endowment Association Retirees Health Benefits Fund has a Mission Score of 85/100. Revenue: $22.8M. Assets: $5.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Detectives Endowment Association Retirees Health Benefits Fund?
The Employer Identification Number (EIN) for Detectives Endowment Association Retirees Health Benefits Fund is 133000532. 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 Retirees Health Benefits Fund spend its money?
Detectives Endowment Association Retirees 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 Retirees Health Benefits Fund's tax-exempt status?
You can verify Detectives Endowment Association Retirees Health Benefits Fund's tax-exempt status using EIN 133000532 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 Retirees Health Benefits Fund demonstrates a primary focus on its program services, as evidenced by its consistent financial activity. In the most recent filing (202312), the organization reported revenue of $30,987,256 and expenses of $27,984,549, indicating a surplus for the period. Over the past several years, the fund has managed significant revenue streams, primarily dedicated to providing health benefits. The organization's assets have shown growth in recent years, reaching $6,688,101 in 2023, after a period of decline from a high of $47,058,317 in 2014. This suggests a stabilization and rebuilding of its financial reserves.
Spending efficiency appears strong, with a substantial portion of expenses directed towards program services. The absence of reported officer compensation across all available filings indicates a lean administrative structure regarding executive pay, contributing to higher efficiency in resource allocation. While specific breakdowns for administrative and fundraising costs are not provided in the summary data, the overall financial picture suggests that the vast majority of funds are directly applied to the health benefits program. The organization's consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to regulatory compliance and financial transparency.
Overall, the Detectives Endowment Association Retirees Health Benefits Fund appears to be a financially stable organization primarily focused on its mission. Its consistent revenue generation, growth in assets in recent years, and lack of reported officer compensation are positive indicators. The organization's financial health seems robust enough to continue providing its intended benefits, with a clear operational focus on its program.