Is International Union Of Operating Engineers Local 15 15 A 15 B 15 C 15 D Legit?
Quick charity verification for International Union Of Operating Engineers Local 15 15 A 15 B 15 C 15 D (EIN: 135159024)
Verdict: International Union Of Operating Engineers Local 15 15 A 15 B 15 C 15 D appears trustworthy
75/100Mission Score
$57.5MRevenue
$100.3MAssets
3Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Significant increase in reported liabilities in 2022 and 2023 after years of reporting zero, without further explanation
NTEE code is unknown, hindering peer comparison
Strengths
Consistent revenue growth over the past decade, from $13,759,247 in 2014 to $25,631,489 in 2023
Strong asset accumulation, growing from $20,500,916 in 2014 to $88,276,140 in 2023
Expenses consistently lower than revenue, indicating financial stability and surplus generation
Reported 0% officer compensation across all filings, suggesting efficient use of funds for mission-related activities
Spending Breakdown
How International Union Of Operating Engineers Local 15 15 A 15 B 15 C 15 D allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Local 15 15 A 15 B 15 C 15 D
Is International Union Of Operating Engineers Local 15 15 A 15 B 15 C 15 D a legitimate charity?
Based on AI analysis of IRS 990 filings, International Union Of Operating Engineers Local 15 15 A 15 B 15 C 15 D (EIN: 135159024) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 4 strengths noted.
Is International Union Of Operating Engineers Local 15 15 A 15 B 15 C 15 D a good charity to donate to?
International Union Of Operating Engineers Local 15 15 A 15 B 15 C 15 D has a Mission Score of 75/100. Revenue: $57.5M. Assets: $100.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for International Union Of Operating Engineers Local 15 15 A 15 B 15 C 15 D?
The Employer Identification Number (EIN) for International Union Of Operating Engineers Local 15 15 A 15 B 15 C 15 D is 135159024. 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 Local 15 15 A 15 B 15 C 15 D spend its money?
International Union Of Operating Engineers Local 15 15 A 15 B 15 C 15 D allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify International Union Of Operating Engineers Local 15 15 A 15 B 15 C 15 D's tax-exempt status?
You can verify International Union Of Operating Engineers Local 15 15 A 15 B 15 C 15 D's tax-exempt status using EIN 135159024 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 Union Of Operating Engineers Local 15 15 A 15 B 15 C 15 D demonstrates a generally stable financial position with consistent revenue growth over the past decade. In the latest reported period (202312), the organization generated $25,631,489 in revenue against $19,847,744 in expenses, indicating a healthy surplus. Assets have also shown significant growth, increasing from $20,500,916 in 2014 to $88,276,140 in 2023, reflecting strong financial management and accumulation of resources. However, the liabilities in 2023 ($77,359) and 2022 ($82,383) are notable compared to previous years where liabilities were often reported as zero, which warrants further investigation into their nature and impact on the organization's financial flexibility.
Spending efficiency appears reasonable, with expenses consistently lower than revenue, allowing for asset accumulation. The consistent reporting of 0% officer compensation across all available filings suggests that the organization's leadership is not directly compensated through this mechanism, which could be a positive indicator of resource allocation towards its mission. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The NTEE code being unknown also limits the ability to benchmark against similar organizations.
Transparency regarding executive compensation is high, with zero reported officer compensation. However, the lack of detailed expense categorization in the provided data makes it difficult to fully assess the allocation of funds to programs versus administrative or fundraising activities. The significant increase in liabilities in recent years, after many years of reporting zero, could be a point of concern for transparency if not adequately explained in public filings. Overall, the organization appears financially sound, but more granular expense data would enhance the assessment of its operational efficiency and transparency.