Is Granite State Electric Company Postretirement Benefit Trust For Legit?
Quick charity verification for Granite State Electric Company Postretirement Benefit Trust For (EIN: 133751316)
Verdict: Granite State Electric Company Postretirement Benefit Trust For appears trustworthy
95/100Mission Score
$58.4MRevenue
$1.2BAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Zero officer compensation, indicating high efficiency in executive overhead.
Substantial and growing asset base, exceeding $1.1 billion in 2023, demonstrating financial stability.
Consistent filing history with the IRS, indicating transparency and compliance.
Low liabilities relative to assets, with liabilities of $1,548,512 against assets of $1,162,414,827 in 2023.
Spending Breakdown
How Granite State Electric Company Postretirement Benefit Trust For allocates its funds across programs, administration, and fundraising.
100%
Program Spending
Healthy — majority goes to mission
0%
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 Granite State Electric Company Postretirement Benefit Trust For
Is Granite State Electric Company Postretirement Benefit Trust For a legitimate charity?
Based on AI analysis of IRS 990 filings, Granite State Electric Company Postretirement Benefit Trust For (EIN: 133751316) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 4 strengths noted.
Is Granite State Electric Company Postretirement Benefit Trust For a good charity to donate to?
Granite State Electric Company Postretirement Benefit Trust For has a Mission Score of 95/100. Revenue: $58.4M. Assets: $1.2B. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Granite State Electric Company Postretirement Benefit Trust For?
The Employer Identification Number (EIN) for Granite State Electric Company Postretirement Benefit Trust For is 133751316. 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 Granite State Electric Company Postretirement Benefit Trust For spend its money?
Granite State Electric Company Postretirement Benefit Trust For allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Granite State Electric Company Postretirement Benefit Trust For's tax-exempt status?
You can verify Granite State Electric Company Postretirement Benefit Trust For's tax-exempt status using EIN 133751316 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 Granite State Electric Company Postretirement Benefit Trust For operates as a postretirement benefit trust, which inherently differs from traditional public charities in its financial structure and purpose. Its primary function is to manage assets for the benefit of retirees, rather than to deliver direct charitable programs. The organization consistently reports zero officer compensation across all available filings, indicating a high degree of efficiency in executive overhead and a commitment to directing all resources towards its stated purpose. While its revenue and expenses fluctuate significantly year-to-year, this is typical for investment trusts where market performance heavily influences revenue and benefit payouts drive expenses. For instance, in 2023, the trust reported revenue of $38,165,135 against expenses of $59,674,487, resulting in a net decrease in assets, whereas in 2021, it saw substantial revenue of $332,837,993. The substantial asset base of over $1.1 billion in 2023 suggests robust long-term financial planning and stability for its beneficiaries.