Is International Brotherhood Of Teamsters Voluntary Benefits Trust Legit?

Quick charity verification for International Brotherhood Of Teamsters Voluntary Benefits Trust (EIN: 16196051)

Verdict: International Brotherhood Of Teamsters Voluntary Benefits Trust appears trustworthy

75/100Mission Score
$983KRevenue
$24.0MAssets
2Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

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

90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Voluntary Benefits Trust

Is International Brotherhood Of Teamsters Voluntary Benefits Trust a legitimate charity?

Based on AI analysis of IRS 990 filings, International Brotherhood Of Teamsters Voluntary Benefits Trust (EIN: 16196051) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is International Brotherhood Of Teamsters Voluntary Benefits Trust a good charity to donate to?

International Brotherhood Of Teamsters Voluntary Benefits Trust has a Mission Score of 75/100. Revenue: $983K. Assets: $24.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for International Brotherhood Of Teamsters Voluntary Benefits Trust?

The Employer Identification Number (EIN) for International Brotherhood Of Teamsters Voluntary Benefits Trust is 16196051. 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 Voluntary Benefits Trust spend its money?

International Brotherhood Of Teamsters Voluntary Benefits Trust allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify International Brotherhood Of Teamsters Voluntary Benefits Trust's tax-exempt status?

You can verify International Brotherhood Of Teamsters Voluntary Benefits Trust's tax-exempt status using EIN 16196051 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 Voluntary Benefits Trust exhibits a fluctuating financial performance over the past decade. While the organization consistently reported substantial revenues and expenses, often in the tens of millions, there's a notable dip in the most recent filing (202312) with revenue at $2,102,812 and expenses at $4,203,803, a significant decrease from the $53,151,680 revenue in 202212. This recent period shows expenses exceeding revenue, indicating a deficit. The organization maintains a healthy asset base, with assets consistently around $20-25 million, suggesting financial stability despite operational fluctuations. Liabilities have generally been low relative to assets, though they peaked at $3,493,423 in 202012. Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent reporting of zero officer compensation across all filings suggests good governance in that specific area. The significant year-over-year revenue and expense variations, particularly the sharp drop in 2023, warrant further investigation to understand the underlying operational changes or reporting nuances. The organization's consistent filing history demonstrates a commitment to transparency in reporting its financial activities to the IRS.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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