Is International Association Of Machinists & Aerospace Workers Legit?
Quick charity verification for International Association Of Machinists & Aerospace Workers (EIN: 200632147)
Verdict: International Association Of Machinists & Aerospace Workers appears trustworthy
85/100Mission Score
$3.2MRevenue
$865KAssets
1Red Flags
4Strengths
Red Flags
Consistent 0% officer compensation reported, which may obscure actual leadership remuneration or indicate an unusual operational model.
Strengths
Consistent revenue growth, increasing from $1,271,473 in 2014 to $2,744,666 in 2023.
Strong asset accumulation, growing from $202,028 in 2014 to $976,115 in 2023.
No reported liabilities across all available filing periods, indicating excellent financial health and low debt.
Generally operates with a surplus, as seen in 2023 with revenue exceeding expenses by over $200,000.
Spending Breakdown
How International Association Of Machinists & Aerospace Workers 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 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: 200632147) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 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: $3.2M. Assets: $865K. 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 200632147. 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 85% to programs, 10% 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 200632147 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 a consistent pattern of financial growth over the past decade, with revenue increasing from $1,271,473 in 2014 to $2,744,666 in 2023. The organization generally operates with a surplus, as seen in 2023 where revenue exceeded expenses by over $200,000. This indicates sound financial management and an ability to cover operational costs. Their asset base has also grown significantly, from $202,028 in 2014 to $976,115 in 2023, further strengthening their financial position.
However, a notable aspect of their filings is the consistent reporting of 0% officer compensation across all available periods. While this might suggest a volunteer-led or highly efficient leadership structure, it could also indicate that compensation is reported under different categories or that the organization's specific structure (e.g., a union local) has unique reporting requirements for executive pay. Without further detail on how leadership is compensated or if it's entirely volunteer-based, it presents a minor transparency ambiguity. The absence of reported liabilities across all filings is a strong positive indicator of financial health and low risk.
Overall, the organization appears financially stable and growing. Their consistent revenue generation and asset accumulation, coupled with no reported liabilities, paint a picture of a well-managed entity. The lack of reported officer compensation, while potentially a positive for efficiency, warrants a deeper look to fully understand the leadership's financial structure.