Is International Union Of Operating Engineers 68 68 A 68 B Legit?
Quick charity verification for International Union Of Operating Engineers 68 68 A 68 B (EIN: 221010975)
Verdict: International Union Of Operating Engineers 68 68 A 68 B appears trustworthy
85/100Mission Score
$27.6MRevenue
$56.5MAssets
2Red Flags
4Strengths
Red Flags
0% reported officer compensation for a multi-million dollar organization, which may obscure actual leadership costs.
NTEE code is unknown, making it difficult to benchmark against similar organizations.
Strengths
Consistent revenue surpluses, indicating strong financial management and sustainability.
Significant growth in assets from $26.3 million in 2014 to $50.1 million in 2023, demonstrating financial stability.
Very low liabilities relative to assets, indicating a healthy balance sheet.
Consistent filing of IRS Form 990s, demonstrating a commitment to transparency.
Spending Breakdown
How International Union Of Operating Engineers 68 68 A 68 B 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 Union Of Operating Engineers 68 68 A 68 B
Is International Union Of Operating Engineers 68 68 A 68 B a legitimate charity?
Based on AI analysis of IRS 990 filings, International Union Of Operating Engineers 68 68 A 68 B (EIN: 221010975) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is International Union Of Operating Engineers 68 68 A 68 B a good charity to donate to?
International Union Of Operating Engineers 68 68 A 68 B has a Mission Score of 85/100. Revenue: $27.6M. Assets: $56.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for International Union Of Operating Engineers 68 68 A 68 B?
The Employer Identification Number (EIN) for International Union Of Operating Engineers 68 68 A 68 B is 221010975. 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 Union Of Operating Engineers 68 68 A 68 B spend its money?
International Union Of Operating Engineers 68 68 A 68 B allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify International Union Of Operating Engineers 68 68 A 68 B's tax-exempt status?
You can verify International Union Of Operating Engineers 68 68 A 68 B's tax-exempt status using EIN 221010975 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 Union Of Operating Engineers 68 68 A 68 B demonstrates consistent financial health with a strong asset base and positive net income over the past decade. For instance, in 2023, the organization reported revenues of $9,661,000 against expenses of $7,600,069, contributing to an increase in assets to $50,063,742. This trend of revenue exceeding expenses is consistent across all reported periods, indicating sound financial management and sustainability. The organization's assets have grown significantly from $26,325,130 in 2014 to $50,063,742 in 2023, while liabilities remain very low, suggesting a robust financial position.
Regarding spending efficiency, without a detailed functional expense breakdown (program, administrative, fundraising), it's challenging to precisely assess the allocation of funds. However, the consistent surplus of revenue over expenses suggests that the organization is managing its operational costs effectively relative to its income. The absence of reported officer compensation across all filings is a notable aspect of its financial structure, potentially indicating a volunteer-led or differently compensated leadership model.
Transparency appears to be high given the consistent filing of IRS Form 990s over many years. The lack of reported officer compensation could be interpreted in various ways; it might indicate that officers are compensated through other means not captured in this specific line item, or that the organization truly operates with unpaid leadership, which would be a significant strength in terms of resource allocation. Further detail on functional expenses would enhance the understanding of its spending efficiency and program impact.