Quick charity verification for Dte Energy Company Veba Tr (EIN: 200471790)
Verdict: Dte Energy Company Veba Tr appears trustworthy
85/100Mission Score
$5.5BRevenue
$1.3BAssets
0Red Flags
3Strengths
No red flags identified.
Strengths
Consistent 0% officer compensation, indicating high efficiency in administrative costs related to executive pay.
Substantial and stable asset base (e.g., $1,358,902,733 in 2023) providing a strong foundation for long-term benefit provision.
Low liabilities relative to assets (e.g., $20,029,697 liabilities vs. $1,358,902,733 assets in 2023), suggesting good financial health.
Spending Breakdown
How Dte Energy Company Veba Tr 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 Dte Energy Company Veba Tr
Is Dte Energy Company Veba Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Dte Energy Company Veba Tr (EIN: 200471790) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
Is Dte Energy Company Veba Tr a good charity to donate to?
Dte Energy Company Veba Tr has a Mission Score of 85/100. Revenue: $5.5B. Assets: $1.3B. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Dte Energy Company Veba Tr?
The Employer Identification Number (EIN) for Dte Energy Company Veba Tr is 200471790. 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 Dte Energy Company Veba Tr spend its money?
Dte Energy Company Veba Tr allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Dte Energy Company Veba Tr's tax-exempt status?
You can verify Dte Energy Company Veba Tr's tax-exempt status using EIN 200471790 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
Dte Energy Company Veba Tr, a VEBA (Voluntary Employees' Beneficiary Association) trust, exhibits a financial profile typical of an employee benefit fund rather than a traditional public charity. Its primary function is to manage assets for employee benefits, which explains the fluctuating and sometimes negative 'revenue' figures, as these often reflect investment gains/losses and contributions. For instance, in 2022, the organization reported a negative revenue of $-131,124,165, while in 2020, it saw a substantial revenue of $1,193,631,156. The organization consistently reports 0% officer compensation, which is a positive indicator of efficient use of funds for its intended purpose. Given its nature as a VEBA trust, the traditional metrics of program spending efficiency for public charities do not directly apply, as its 'programs' are the benefits themselves. The consistent asset base, hovering around $1.3 billion to $1.7 billion over the past few years, indicates a stable financial foundation for fulfilling its long-term obligations.