Is Employees Of Municipal & Other Pub Lic Employers Of Me Health Ins Tr Legit?
Quick charity verification for Employees Of Municipal & Other Pub Lic Employers Of Me Health Ins Tr (EIN: 10382676)
Verdict: Employees Of Municipal & Other Pub Lic Employers Of Me Health Ins Tr appears trustworthy
85/100Mission Score
$213.4MRevenue
$120.4MAssets
2Red Flags
4Strengths
Red Flags
Expenses exceeded revenue by over $6 million in the latest 2023 filing, a notable shift from prior years' financial performance.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data makes it difficult to fully assess spending efficiency.
Strengths
Consistent asset growth, from $60 million in 2014 to $114 million in 2023, indicating strong financial management and reserve building.
Consistent reporting of 0% officer compensation, suggesting transparency regarding executive pay or a unique compensation structure.
Long and consistent IRS 990 filing history (13 filings), demonstrating regulatory compliance and transparency over time.
Substantial and growing revenue base, indicating a large and stable operational scale.
Spending Breakdown
How Employees Of Municipal & Other Pub Lic Employers Of Me Health Ins Tr allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
4%
Admin Costs
Reasonable — admin costs in check
1%
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 Employees Of Municipal & Other Pub Lic Employers Of Me Health Ins Tr
Is Employees Of Municipal & Other Pub Lic Employers Of Me Health Ins Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Employees Of Municipal & Other Pub Lic Employers Of Me Health Ins Tr (EIN: 10382676) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Employees Of Municipal & Other Pub Lic Employers Of Me Health Ins Tr a good charity to donate to?
Employees Of Municipal & Other Pub Lic Employers Of Me Health Ins Tr has a Mission Score of 85/100. Revenue: $213.4M. Assets: $120.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Employees Of Municipal & Other Pub Lic Employers Of Me Health Ins Tr?
The Employer Identification Number (EIN) for Employees Of Municipal & Other Pub Lic Employers Of Me Health Ins Tr is 10382676. 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 Employees Of Municipal & Other Pub Lic Employers Of Me Health Ins Tr spend its money?
Employees Of Municipal & Other Pub Lic Employers Of Me Health Ins Tr allocates 95% to programs, 4% to administration, and 1% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Employees Of Municipal & Other Pub Lic Employers Of Me Health Ins Tr's tax-exempt status?
You can verify Employees Of Municipal & Other Pub Lic Employers Of Me Health Ins Tr's tax-exempt status using EIN 10382676 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
Employees Of Municipal & Other Pub Lic Employers Of Me Health Ins Tr (EMOPLMEHIT) demonstrates consistent financial activity, managing substantial revenues and expenses related to health insurance. The organization's assets have shown steady growth over the past decade, from $60 million in 2014 to over $114 million in 2023, indicating sound financial management and accumulation of reserves. However, the 2023 filing shows expenses exceeding revenue by over $6 million ($204,761,655 in expenses vs. $198,593,935 in revenue), which is a notable shift from previous years where revenues generally outpaced expenses or were closely matched. This could indicate increasing costs or a strategic draw on reserves.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. Given its nature as a health insurance trust, a significant portion of its expenses would inherently be direct benefit payments (programmatic). The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that executive compensation is structured in a way that it is not reported as 'officer compensation' on the 990, which would warrant further investigation. The organization's consistent filing history and asset growth generally point to a stable financial operation, but the recent deficit warrants closer examination.