Is International Brotherhood Of Boiler Makers Iron Ship Builders Blacksmi Legit?
Quick charity verification for International Brotherhood Of Boiler Makers Iron Ship Builders Blacksmi (EIN: 111991978)
Verdict: International Brotherhood Of Boiler Makers Iron Ship Builders Blacksmi appears trustworthy
85/100Mission Score
$2.7MRevenue
$10.5MAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed program spending breakdown in summary data
Unusually low reported liabilities relative to assets, which could indicate conservative accounting or specific operational structure
Strengths
Consistent asset growth, from $5.3M in 2015 to over $10.4M currently
Generally operates with a financial surplus, indicating sound management
0% reported officer compensation across all filings, suggesting high efficiency or volunteer leadership
Low liabilities relative to assets, indicating strong financial stability
Consistent filing history over 13 periods, demonstrating transparency and compliance
Spending Breakdown
How International Brotherhood Of Boiler Makers Iron Ship Builders Blacksmi 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 Brotherhood Of Boiler Makers Iron Ship Builders Blacksmi
Is International Brotherhood Of Boiler Makers Iron Ship Builders Blacksmi a legitimate charity?
Based on AI analysis of IRS 990 filings, International Brotherhood Of Boiler Makers Iron Ship Builders Blacksmi (EIN: 111991978) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is International Brotherhood Of Boiler Makers Iron Ship Builders Blacksmi a good charity to donate to?
International Brotherhood Of Boiler Makers Iron Ship Builders Blacksmi has a Mission Score of 85/100. Revenue: $2.7M. Assets: $10.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for International Brotherhood Of Boiler Makers Iron Ship Builders Blacksmi?
The Employer Identification Number (EIN) for International Brotherhood Of Boiler Makers Iron Ship Builders Blacksmi is 111991978. 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 Brotherhood Of Boiler Makers Iron Ship Builders Blacksmi spend its money?
International Brotherhood Of Boiler Makers Iron Ship Builders Blacksmi allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify International Brotherhood Of Boiler Makers Iron Ship Builders Blacksmi's tax-exempt status?
You can verify International Brotherhood Of Boiler Makers Iron Ship Builders Blacksmi's tax-exempt status using EIN 111991978 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
International Brotherhood Of Boiler Makers Iron Ship Builders Blacksmi demonstrates consistent financial stability with assets steadily growing over the past decade, reaching $10,478,779 in the latest period. The organization generally operates with a surplus, as seen in most years where revenue exceeds expenses, such as in 202406 ($2,627,812 revenue vs. $2,548,914 expenses) and 202306 ($2,750,061 revenue vs. $2,430,602 expenses). This indicates sound financial management and an ability to build reserves.
While specific program spending details are not provided in the summary data, the consistent operational surpluses suggest that the organization is managing its resources effectively. The absence of reported officer compensation across all filings indicates a high degree of transparency and potentially a volunteer-driven leadership structure, which is a positive indicator for donor confidence. The organization's liabilities are consistently a small fraction of its assets, further reinforcing its strong financial position.
Overall, the financial health appears robust, with a clear trend of asset growth and responsible expense management. The lack of officer compensation is a significant positive for transparency and efficiency.