Is International Brotherhood Of Electrical Workers Legit?
Quick charity verification for International Brotherhood Of Electrical Workers (EIN: 141810970)
Verdict: International Brotherhood Of Electrical Workers appears trustworthy
90/100Mission Score
$18.4MRevenue
$49.8MAssets
1Red Flags
5Strengths
Red Flags
Unclear how an organization of this size operates with 0% reported officer compensation, potentially indicating a reporting nuance or alternative compensation structure not immediately apparent.
Strengths
Consistent financial growth with revenues regularly exceeding expenses.
Significant and steady increase in assets over the past decade, from $16.7M to $49.7M.
Remarkable 0% reported officer compensation across all filings, suggesting high efficiency or volunteer leadership.
Low liabilities relative to assets, indicating strong financial stability.
Regular and consistent IRS 990 filing history, demonstrating transparency.
Spending Breakdown
How International Brotherhood Of Electrical Workers 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 International Brotherhood Of Electrical Workers
Is International Brotherhood Of Electrical Workers a legitimate charity?
Based on AI analysis of IRS 990 filings, International Brotherhood Of Electrical Workers (EIN: 141810970) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 5 strengths noted.
Is International Brotherhood Of Electrical Workers a good charity to donate to?
International Brotherhood Of Electrical Workers has a Mission Score of 90/100. Revenue: $18.4M. Assets: $49.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for International Brotherhood Of Electrical Workers?
The Employer Identification Number (EIN) for International Brotherhood Of Electrical Workers is 141810970. 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 Electrical Workers spend its money?
International Brotherhood Of Electrical Workers allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify International Brotherhood Of Electrical Workers's tax-exempt status?
You can verify International Brotherhood Of Electrical Workers's tax-exempt status using EIN 141810970 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 Brotherhood Of Electrical Workers (IBEW) in Schenectady, NY, demonstrates consistent financial growth and strong asset accumulation over the past decade. With latest reported revenue of $18,449,059 and assets reaching $49,754,762, the organization appears financially robust. The filings consistently show revenues exceeding expenses, leading to a healthy increase in net assets. For instance, in 202406, revenue was $5,698,417 against expenses of $3,735,136, indicating efficient management of resources.
The organization's spending efficiency is notable, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that a significant portion of funds is directed towards the organization's operational activities rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the overall financial health and the absence of officer compensation are positive indicators. The consistent growth in assets from $16,701,262 in 201506 to $49,754,762 currently further underscores its financial stability and capacity to fulfill its mission.
Transparency appears to be a strong suit, with 13 filings available, indicating regular reporting to the IRS. The consistent growth in assets and the low liability figures across all periods (e.g., $150,211 in 202406 against $43,536,292 in assets) suggest prudent financial management and a low risk profile. The lack of reported officer compensation is a significant positive for transparency and public trust.