Is International Brotherhood Of Electrical Workers Local 47 Medica Legit?
Quick charity verification for International Brotherhood Of Electrical Workers Local 47 Medica (EIN: 203170458)
Verdict: International Brotherhood Of Electrical Workers Local 47 Medica appears trustworthy
85/100Mission Score
$20.8MRevenue
$31.4MAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed spending breakdown (program vs. admin vs. fundraising) in provided summary
Unclear if 'Officer Comp=0%' means no compensation or if it's reported elsewhere
Strengths
Consistent and significant financial surpluses year over year
Steady growth in assets, indicating strong financial management and reserves
Low liabilities relative to assets, suggesting strong financial health
No reported officer compensation across all filings, indicating high efficiency or volunteer leadership
Consistent IRS 990 filing history (14 filings) demonstrates transparency
Spending Breakdown
How International Brotherhood Of Electrical Workers Local 47 Medica 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 Local 47 Medica
Is International Brotherhood Of Electrical Workers Local 47 Medica a legitimate charity?
Based on AI analysis of IRS 990 filings, International Brotherhood Of Electrical Workers Local 47 Medica (EIN: 203170458) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.
Is International Brotherhood Of Electrical Workers Local 47 Medica a good charity to donate to?
International Brotherhood Of Electrical Workers Local 47 Medica has a Mission Score of 85/100. Revenue: $20.8M. Assets: $31.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for International Brotherhood Of Electrical Workers Local 47 Medica?
The Employer Identification Number (EIN) for International Brotherhood Of Electrical Workers Local 47 Medica is 203170458. 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 Local 47 Medica spend its money?
International Brotherhood Of Electrical Workers Local 47 Medica 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 Local 47 Medica's tax-exempt status?
You can verify International Brotherhood Of Electrical Workers Local 47 Medica's tax-exempt status using EIN 203170458 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 Electrical Workers Local 47 Medica demonstrates consistent financial health, with assets steadily growing over the past decade, reaching $27,656,011 in 2023. The organization consistently operates with a significant surplus, as seen in 2023 where revenue of $3,115,789 far exceeded expenses of $1,393,338. This indicates strong financial management and an ability to build reserves.
The organization's spending efficiency appears robust, with expenses consistently well below revenue. While specific program, administrative, and fundraising breakdowns are not explicitly detailed in the provided summary, the overall low expense ratio relative to revenue suggests that a substantial portion of funds are either retained or directed towards its mission. The absence of reported officer compensation across all filings is a notable aspect of its financial transparency and operational model.
Regarding transparency, the consistent filing of IRS 990 forms over 14 periods is a positive indicator. The lack of reported officer compensation across all available filings suggests either a volunteer-led executive structure or compensation is reported under other categories, which would warrant further investigation for complete transparency. Overall, the organization appears financially stable and well-managed based on the provided data.