Is Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr Legit?
Quick charity verification for Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr (EIN: 133481554)
Verdict: Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr appears trustworthy
85/100Mission Score
$252.1MRevenue
$135KAssets
2Red Flags
4Strengths
Red Flags
Extremely low asset base ($135,195) relative to latest revenue ($252,133,956), which could indicate a lack of financial cushion or a highly efficient pass-through model that warrants further investigation.
NTEE code is unknown, which limits understanding of its specific charitable purpose and industry benchmarks.
Strengths
Consistent reporting of 0% officer compensation, indicating no executive salaries are drawn from the organization's funds.
Zero reported liabilities across all filing periods, suggesting a debt-free financial structure.
Substantial revenue processing, indicating significant activity in its stated purpose of health care benefits.
Consistent filing of IRS Form 990s, demonstrating transparency in financial reporting.
Spending Breakdown
How Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits 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 Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr
Is Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr (EIN: 133481554) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr a good charity to donate to?
Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr has a Mission Score of 85/100. Revenue: $252.1M. Assets: $135K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr?
The Employer Identification Number (EIN) for Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr is 133481554. 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 Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr spend its money?
Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr's tax-exempt status?
You can verify Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr's tax-exempt status using EIN 133481554 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
Equitable Life Assur Soc Of Us Emps Mngrs Agts Health Care Benefits Tr operates as a significant entity with substantial revenue, reporting $252,133,956 in its latest period. However, its asset base of $135,195 is remarkably low relative to its revenue and historical asset levels, which were as high as $16,416,961 in 2013. This suggests that the organization functions primarily as a pass-through entity for health care benefits, with funds flowing in and out rapidly rather than accumulating significant reserves. The consistent reporting of zero liabilities across all available filings indicates a strong financial position in terms of debt, but also reinforces the idea of a transactional rather than asset-holding model.
The organization consistently reports 0% officer compensation, which is a positive indicator for donor confidence as it suggests that executive leadership is not drawing salaries from the organization's funds. Given its nature as a health care benefits trust, its spending efficiency would primarily be measured by the proportion of revenue disbursed as benefits. Without a detailed breakdown of expenses into program, administrative, and fundraising categories in the provided data, a precise assessment of spending efficiency is challenging. However, the consistent pattern of expenses closely matching or slightly exceeding revenue in prior years (e.g., $124,310,946 revenue vs. $125,501,040 expenses in 2016) suggests that most incoming funds are being utilized for their intended purpose, likely benefit disbursements.
Transparency is generally good given the availability of multiple IRS 990 filings. The consistent reporting of key financial metrics over several years allows for trend analysis. The absence of reported officer compensation is a transparent disclosure. However, the lack of NTEE code and detailed expense breakdowns in the provided summary limits a deeper understanding of its operational focus and efficiency beyond the high-level revenue and expense figures. Further scrutiny of the full 990 forms would be necessary to fully assess program spending ratios.