Is International Brotherhood Of Teamsters…

Quick charity verification for International Brotherhood Of Teamsters (EIN: 20150530)

Strengths

Consistent asset growth from $5,480,513 in 2014 to $12,487,722 in 2023, indicating strong financial management.
Zero reported liabilities across all filings, demonstrating exceptional financial stability and low debt risk.
Revenue generally exceeds expenses in most years, allowing for healthy surplus and asset accumulation.
Significant increase in revenue in 2023 to $6,315,043, suggesting growing financial capacity.

Spending Breakdown

How International Brotherhood Of Teamsters allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Teamsters

Is International Brotherhood Of Teamsters a legitimate charity?

Based on AI analysis of IRS 990 filings, International Brotherhood Of Teamsters (EIN: 20150530) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is International Brotherhood Of Teamsters a good charity to donate to?

International Brotherhood Of Teamsters has a Mission Score of 85/100. Revenue: $15.3M. Assets: $13.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for International Brotherhood Of Teamsters?

The Employer Identification Number (EIN) for International Brotherhood Of Teamsters is 20150530. 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 Teamsters spend its money?

International Brotherhood Of Teamsters 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 Teamsters's tax-exempt status?

You can verify International Brotherhood Of Teamsters's tax-exempt status using EIN 20150530 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 Teamsters, with an EIN of 20150530, demonstrates a generally stable financial position over the past decade. Revenue has fluctuated, with a notable increase to $6,315,043 in 2023 from $3,304,553 in 2014, indicating growth in its financial capacity. The organization consistently maintains a positive net asset position, with assets growing from $5,480,513 in 2014 to $12,487,722 in 2023, and reports zero liabilities across all available filings, which is a strong indicator of financial stability and low risk. 

Spending efficiency appears reasonable, with expenses generally lower than revenue in most years, allowing for asset accumulation. For instance, in 2023, expenses were $5,178,463 against revenues of $6,315,043, resulting in a surplus. The consistent reporting of 0% officer compensation across all filings is a significant transparency point, suggesting that executive leadership may not be directly compensated through the organization's reported officer compensation line item, or that such compensation is minimal or covered by other entities. This could be a strength in terms of resource allocation directly to mission, but also warrants further investigation to understand the full compensation structure if any.

Overall, the organization exhibits sound financial management with consistent asset growth and a healthy balance sheet. The lack of reported liabilities and officer compensation are notable aspects of its financial transparency, though the latter might require deeper inquiry for a complete picture of executive remuneration.

Is International Brotherhood Of Teamsters Legit?

Verdict: International Brotherhood Of Teamsters appears trustworthy

Red Flags