Is International Brotherhood Of Teamsters Legit?

The International Brotherhood Of Teamsters, with an EIN of 135045803, demonstrates consistent financial activity, generally operating with revenues closely matching expenses. For example, in 2023, revenue was $3,996,665 against expenses of $3,889,786, indicating a lean operational margin. The organization's assets have fluctuated, reaching a high of $1,345,031 in 2016 and standing at $840,498 in 2023. Liabilities have generally been well-managed, with a notable increase in 2021 to $216,508, but typically remaining a smaller proportion of assets. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of transparency regarding executive pay, or that compensation is structured in a way not captured under 'officer compensation' on the 990, which warrants further investigation for a complete picture. Spending efficiency appears to be maintained, with expenses rarely exceeding revenue by a significant margin, except for a notable instance in 2017 where expenses ($4,732,083) considerably outstripped revenue ($3,996,565). This suggests a period of increased investment or operational costs. The organization's financial health appears stable, with sufficient assets to cover liabilities in most periods. The absence of reported officer compensation is a significant factor in assessing transparency and could indicate either a volunteer leadership structure or compensation being reported under different categories, which would require deeper scrutiny of the full 990 forms. Overall, the organization exhibits a pattern of careful financial management, with revenues and expenses largely in balance over the past decade. The consistent filing history and the detailed financial figures provided indicate a commitment to transparency. However, without a breakdown of program, administrative, and fundraising expenses, a full assessment of spending efficiency and program focus is challenging. The lack of reported officer compensation is a positive indicator for transparency, assuming all relevant compensation is indeed zero or reported elsewhere with equal clarity.