Is I B E W 910 Welfare Fund Legit? —…

Strengths

Consistent 0% officer compensation, ensuring funds are directed to beneficiaries.
Healthy asset-to-liability ratio, indicating strong financial stability (e.g., $9,351,020 assets vs. $182,577 liabilities in 202306).
Steady growth in assets over the past decade, demonstrating effective financial management.
Consistent filing of IRS Form 990s, indicating strong transparency and compliance.
Expenses closely align with revenue, suggesting active and consistent disbursement of welfare benefits.

Spending Breakdown

How I B E W 910 Welfare Fund allocates its funds across programs, administration, and fundraising.

95%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 I B E W 910 Welfare Fund

Is I B E W 910 Welfare Fund a legitimate charity?

Based on AI analysis of IRS 990 filings, I B E W 910 Welfare Fund (EIN: 166053626) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.

Is I B E W 910 Welfare Fund a good charity to donate to?

I B E W 910 Welfare Fund has a Mission Score of 90/100. Revenue: $14.2M. Assets: $9.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for I B E W 910 Welfare Fund?

The Employer Identification Number (EIN) for I B E W 910 Welfare Fund is 166053626. 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 I B E W 910 Welfare Fund spend its money?

I B E W 910 Welfare Fund allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify I B E W 910 Welfare Fund's tax-exempt status?

You can verify I B E W 910 Welfare Fund's tax-exempt status using EIN 166053626 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 I B E W 910 Welfare Fund demonstrates consistent financial activity, primarily focused on providing welfare benefits to its members. Over the past decade, the organization has shown steady growth in both revenue and assets, with the latest reported revenue at $6,337,204 and assets at $9,351,020 for the 202306 period. Expenses generally align closely with revenue, indicating that the fund is actively disbursing benefits as intended. For instance, in 202306, expenses were $6,597,821 against $6,337,204 in revenue, resulting in a slight deficit for that period, which is not uncommon for welfare funds managing fluctuating benefit payouts.

The organization's financial health appears stable, with assets consistently exceeding liabilities, suggesting a strong ability to meet its obligations. Transparency is high regarding executive compensation, as the filings consistently report 0% for officer compensation across all available periods, indicating that the fund's leadership is not drawing salaries from the organization. This practice enhances trust and ensures that contributions are directed towards the fund's primary purpose. The consistent filing of IRS Form 990s over 13 periods further demonstrates a commitment to regulatory compliance and public disclosure.

Is I B E W 910 Welfare Fund Legit?

Verdict: I B E W 910 Welfare Fund appears trustworthy