Is International Brotherhood Of Teamsters Supplemental Benefits Tr Legit?
Quick charity verification for International Brotherhood Of Teamsters Supplemental Benefits Tr (EIN: 200412571)
Verdict: International Brotherhood Of Teamsters Supplemental Benefits Tr appears trustworthy
90/100Mission Score
$17.8MRevenue
$29.9MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Zero reported officer compensation across all filings, indicating efficient use of funds.
Consistent growth in assets over the past decade, from $8.6M in 2014 to $25M in 2023.
Low liabilities relative to assets, suggesting strong financial stability.
Consistent filing of IRS Form 990s, demonstrating high transparency.
Clear alignment between organization name, NTEE code, and financial activities.
Spending Breakdown
How International Brotherhood Of Teamsters Supplemental Benefits Tr allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
15%
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 Teamsters Supplemental Benefits Tr
Is International Brotherhood Of Teamsters Supplemental Benefits Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, International Brotherhood Of Teamsters Supplemental Benefits Tr (EIN: 200412571) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is International Brotherhood Of Teamsters Supplemental Benefits Tr a good charity to donate to?
International Brotherhood Of Teamsters Supplemental Benefits Tr has a Mission Score of 90/100. Revenue: $17.8M. Assets: $29.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for International Brotherhood Of Teamsters Supplemental Benefits Tr?
The Employer Identification Number (EIN) for International Brotherhood Of Teamsters Supplemental Benefits Tr is 200412571. 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 Supplemental Benefits Tr spend its money?
International Brotherhood Of Teamsters Supplemental Benefits Tr allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify International Brotherhood Of Teamsters Supplemental Benefits Tr's tax-exempt status?
You can verify International Brotherhood Of Teamsters Supplemental Benefits Tr's tax-exempt status using EIN 200412571 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 Supplemental Benefits Tr demonstrates a consistent financial operation, primarily focused on managing supplemental benefits. Over the past several years, the organization has maintained a healthy asset base, growing from $8.6 million in 2014 to $25 million in 2023. While revenue and expenses fluctuate, the organization generally operates with a surplus, as seen in 2021 where revenue was $2.5 million against expenses of $767,509. However, the latest filing for 2023 shows expenses ($4,943,104) exceeding revenue ($3,369,398), indicating a deficit for that period. The organization's liabilities remain relatively low compared to its assets, suggesting good financial stability.
Spending efficiency appears to be strong in terms of program delivery, given its nature as a benefits trust. The absence of officer compensation reported across all filings indicates that executive leadership is not drawing a salary from the trust, which is a significant positive for spending efficiency. The primary expenditures would likely be benefit payouts and administrative costs associated with managing the trust. The consistent growth in assets over the decade further supports sound financial management.
Transparency is high, evidenced by the consistent filing of IRS Form 990s over 13 periods and the clear reporting of zero officer compensation. This level of detail allows for a thorough review of the organization's financial activities. The NTEE code J400 (Employee or Member Welfare Benefit Plans) aligns with its name and likely operational focus, further enhancing clarity on its mission and activities.