0% reported officer compensation across all filings, demonstrating high transparency and mission focus.
Low liabilities relative to assets, suggesting strong financial health.
Efficient use of funds, with a significant portion of revenue retained or directed to programs.
Spending Breakdown
How General Society Of Mechanics & Tradesmen allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 General Society Of Mechanics & Tradesmen
Is General Society Of Mechanics & Tradesmen a legitimate charity?
Based on AI analysis of IRS 990 filings, General Society Of Mechanics & Tradesmen (EIN: 131624013) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is General Society Of Mechanics & Tradesmen a good charity to donate to?
General Society Of Mechanics & Tradesmen has a Mission Score of 92/100. Revenue: $8.2M. Assets: $34.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for General Society Of Mechanics & Tradesmen?
The Employer Identification Number (EIN) for General Society Of Mechanics & Tradesmen is 131624013. 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 General Society Of Mechanics & Tradesmen spend its money?
General Society Of Mechanics & Tradesmen allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify General Society Of Mechanics & Tradesmen's tax-exempt status?
You can verify General Society Of Mechanics & Tradesmen's tax-exempt status using EIN 131624013 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 General Society Of Mechanics & Tradesmen demonstrates strong financial health and consistent program focus. Over the past five years, the organization has consistently reported revenues exceeding expenses, leading to a steady growth in assets from $29.1 million in 2019 to $33.1 million in 2023. This indicates effective financial management and sustainability. The organization's liabilities have remained relatively low compared to its assets, further solidifying its financial stability.
Spending efficiency appears high, with expenses consistently well below revenues in recent years. For instance, in 2023, expenses were $1,647,646 against revenues of $2,382,327, suggesting a significant portion of income is retained or directed towards future programs and asset growth. The absence of reported officer compensation across all available filings indicates a high degree of transparency and a commitment to directing resources towards the mission rather than executive salaries. This practice is a strong indicator of good governance and donor trust.
Overall, the General Society Of Mechanics & Tradesmen exhibits a robust financial position, efficient spending practices, and a commendable level of transparency, particularly concerning executive compensation. Their consistent asset growth and prudent financial management suggest a well-run organization capable of sustaining its mission over the long term.