Quick charity verification for Independent Oil Workers Of Paulsboro Nj (EIN: 210702392)
Verdict: Independent Oil Workers Of Paulsboro Nj appears trustworthy
85/100Mission Score
$233KRevenue
$606KAssets
3Red Flags
4Strengths
Red Flags
Consistent operational deficits (e.g., 2023 expenses $239,961 vs. revenue $214,285)
Lack of detailed program spending breakdown in available data
Declining asset base over recent years (from $685,493 in 2017 to $542,727 in 2023)
Strengths
Zero officer compensation reported across all filings, indicating high transparency and mission focus
Consistently reports zero liabilities, suggesting sound financial management regarding debt
Stable asset base relative to operational size, despite recent declines
Consistent filing history (13 filings) demonstrates commitment to compliance
Spending Breakdown
How Independent Oil Workers Of Paulsboro Nj allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Independent Oil Workers Of Paulsboro Nj
Is Independent Oil Workers Of Paulsboro Nj a legitimate charity?
Based on AI analysis of IRS 990 filings, Independent Oil Workers Of Paulsboro Nj (EIN: 210702392) appears trustworthy. Mission Score: 85/100. 3 red flags identified, 4 strengths noted.
Is Independent Oil Workers Of Paulsboro Nj a good charity to donate to?
Independent Oil Workers Of Paulsboro Nj has a Mission Score of 85/100. Revenue: $233K. Assets: $606K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Independent Oil Workers Of Paulsboro Nj?
The Employer Identification Number (EIN) for Independent Oil Workers Of Paulsboro Nj is 210702392. 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 Independent Oil Workers Of Paulsboro Nj spend its money?
Independent Oil Workers Of Paulsboro Nj allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Independent Oil Workers Of Paulsboro Nj's tax-exempt status?
You can verify Independent Oil Workers Of Paulsboro Nj's tax-exempt status using EIN 210702392 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 Independent Oil Workers Of Paulsboro Nj demonstrates consistent financial activity, with revenues and expenses generally in the range of $200,000 to $300,000 over the past decade. The organization consistently reports zero liabilities and zero officer compensation, indicating a very lean operational structure and high transparency regarding executive pay. While the NTEE code is unknown, the consistent reporting of no officer compensation across all filings is a strong indicator of financial transparency and a focus on its stated purpose rather than executive enrichment. The organization's assets have fluctuated, peaking around $685,493 in 2017 and currently standing at $606,327, showing a stable asset base relative to its operational size.
However, the organization has frequently operated at a deficit in recent years, with expenses exceeding revenue. For example, in 2023, expenses were $239,961 against revenues of $214,285, and in 2022, expenses were $222,169 against revenues of $201,558. This trend of spending more than it earns could be a concern for long-term financial sustainability if it continues without drawing down significant reserves or increasing revenue streams. Despite this, the consistent reporting of zero liabilities suggests that any deficits are managed within existing assets rather than through debt. The lack of detailed program spending information in the provided data makes a precise assessment of spending efficiency challenging beyond the absence of executive compensation.