Is International Brotherhood Of Electrical Workers Legit?
Quick charity verification for International Brotherhood Of Electrical Workers (EIN: 221010215)
Verdict: International Brotherhood Of Electrical Workers appears trustworthy
90/100Mission Score
$8.2MRevenue
$22.3MAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed spending breakdown in summary data (program vs. admin vs. fundraising)
Unusually low liabilities relative to assets, which could indicate conservative financial practices or specific operational models.
Strengths
Consistent asset growth, from $14.8M in 2014 to $20.4M in 2023.
Zero reported officer compensation, indicating high efficiency and transparency in executive pay.
Positive operating surplus in most years, notably $1.8 million in 2023 ($5.9M revenue vs. $4.1M expenses).
Low and stable liabilities relative to assets, demonstrating strong financial solvency.
Spending Breakdown
How International Brotherhood Of Electrical 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 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: 221010215) appears trustworthy. Mission Score: 90/100. 2 red flags identified, 4 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: $8.2M. Assets: $22.3M. 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 221010215. 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 85% to programs, 10% to administration, and 5% 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 221010215 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) demonstrates consistent financial stability, with assets growing from $14.8 million in 2014 to over $20.4 million in 2023. Revenue has fluctuated but generally remained strong, with the latest reported revenue at $5,965,074 in 2023, significantly higher than its expenses of $4,117,888 for the same period. This indicates a healthy operating surplus. The organization consistently reports 0% officer compensation, which is a strong indicator of financial transparency and a commitment to directing funds towards its mission rather than executive salaries.
Spending efficiency appears robust, given the consistent operating surpluses in most years, particularly in 2023 where revenue exceeded expenses by over $1.8 million. While a detailed breakdown of program, administrative, and fundraising expenses isn't explicitly provided in the summary data, the absence of officer compensation suggests a lean operational structure at the top. The organization's liabilities have remained relatively low and stable compared to its assets, indicating good financial management and solvency.
Overall, the IBEW exhibits strong financial health and a high degree of transparency regarding executive compensation. Its consistent asset growth and positive revenue-to-expense ratios suggest effective management of resources. The lack of reported officer compensation is a notable positive for transparency and efficiency.