Is International Association Of Machinists & Aerospace Workers Legit?
Quick charity verification for International Association Of Machinists & Aerospace Workers (EIN: 10442578)
Verdict: International Association Of Machinists & Aerospace Workers appears trustworthy
85/100Mission Score
$240KRevenue
$206KAssets
2Red Flags
5Strengths
Red Flags
NTEE Code is unknown, making it difficult to benchmark against similar organizations.
Specific program spending details are not provided in the summary data, making it hard to assess impact.
Strengths
Consistent financial stability with growing assets from $106,306 in 2019 to $240,034 in 2023.
Zero reported liabilities across all 13 filings, indicating strong financial health and no debt.
No reported officer compensation, suggesting high efficiency in directing funds to mission.
Consistent filing of IRS Form 990s, demonstrating transparency.
Positive net assets and ability to recover from minor deficits, as seen in 2022's surplus after 2021's smaller surplus.
Spending Breakdown
How International Association Of Machinists & Aerospace Workers allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 International Association Of Machinists & Aerospace Workers
Is International Association Of Machinists & Aerospace Workers a legitimate charity?
Based on AI analysis of IRS 990 filings, International Association Of Machinists & Aerospace Workers (EIN: 10442578) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is International Association Of Machinists & Aerospace Workers a good charity to donate to?
International Association Of Machinists & Aerospace Workers has a Mission Score of 85/100. Revenue: $240K. Assets: $206K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for International Association Of Machinists & Aerospace Workers?
The Employer Identification Number (EIN) for International Association Of Machinists & Aerospace Workers is 10442578. 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 International Association Of Machinists & Aerospace Workers spend its money?
International Association Of Machinists & Aerospace Workers allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify International Association Of Machinists & Aerospace Workers's tax-exempt status?
You can verify International Association Of Machinists & Aerospace Workers's tax-exempt status using EIN 10442578 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 International Association Of Machinists & Aerospace Workers demonstrates consistent financial activity, with revenues and expenses generally in the low to mid-$200,000 range over the past decade. The organization has maintained a healthy asset base, growing from $106,306 in 2019 to $240,034 in 2023, with no reported liabilities across all filings, indicating strong financial stability and a lack of debt. While the 2023 period showed a slight deficit with expenses ($259,363) exceeding revenue ($251,838), this is not a consistent trend and the organization has often operated with a surplus, such as in 2022 where revenue ($255,505) significantly outpaced expenses ($214,619).
The organization's transparency is bolstered by its consistent filing of IRS Form 990s, providing a clear historical record of its financial operations. The absence of reported officer compensation across all filings is a notable characteristic, suggesting that leadership may be volunteer-based or compensated through other means not captured in this specific line item, which could be a point of further inquiry for complete transparency. Overall, the organization appears to be fiscally responsible, managing its resources effectively without accumulating debt.
Given the data, the organization appears to be a stable entity with a solid financial foundation. Its ability to maintain assets and avoid liabilities, coupled with consistent revenue generation, points to a well-managed operation. The lack of officer compensation reported on the 990s is a significant factor in its spending efficiency, as it directs more resources towards its mission rather than executive salaries.