Is International Brotherhood Of Teamsters Union Local 331 Legit?
Quick charity verification for International Brotherhood Of Teamsters Union Local 331 (EIN: 210577323)
Verdict: International Brotherhood Of Teamsters Union Local 331 appears trustworthy
75/100Mission Score
$1.1MRevenue
$956KAssets
2Red Flags
3Strengths
Red Flags
Consistent decline in assets over the past decade (from $1,466,691 in 2014 to $1,031,386 in 2023)
Lack of NTEE code, which limits sector-specific analysis and comparison.
Strengths
Consistent reporting of 0% officer compensation, indicating strong financial stewardship or volunteer leadership.
Generally balanced revenues and expenses in recent years, avoiding significant deficits (e.g., $15,576 surplus in 2023).
Stable revenue generation, consistently around $1 million annually.
Spending Breakdown
How International Brotherhood Of Teamsters Union Local 331 allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
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 Teamsters Union Local 331
Is International Brotherhood Of Teamsters Union Local 331 a legitimate charity?
Based on AI analysis of IRS 990 filings, International Brotherhood Of Teamsters Union Local 331 (EIN: 210577323) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is International Brotherhood Of Teamsters Union Local 331 a good charity to donate to?
International Brotherhood Of Teamsters Union Local 331 has a Mission Score of 75/100. Revenue: $1.1M. Assets: $956K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for International Brotherhood Of Teamsters Union Local 331?
The Employer Identification Number (EIN) for International Brotherhood Of Teamsters Union Local 331 is 210577323. 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 Union Local 331 spend its money?
International Brotherhood Of Teamsters Union Local 331 allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify International Brotherhood Of Teamsters Union Local 331's tax-exempt status?
You can verify International Brotherhood Of Teamsters Union Local 331's tax-exempt status using EIN 210577323 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 Teamsters Union Local 331 demonstrates consistent financial activity, with revenues and expenses generally balancing out over the past decade. For instance, in 2023, revenue was $1,019,626 against expenses of $1,004,050, indicating a slight surplus. However, the organization has experienced a gradual decline in assets, from $1,466,691 in 2014 to $1,031,386 in 2023, while liabilities have remained relatively stable, suggesting a potential long-term trend of decreasing financial reserves. The consistent reporting of 0% officer compensation across all available filings indicates a high degree of transparency regarding executive pay, or that officers are not compensated directly through the organization's reported expenses, which is a positive sign for accountability. The lack of NTEE code, however, limits a full understanding of its specific programmatic focus and comparative efficiency within its sector.