Is International Union Of Operating Engineers Local 30 Apprentice Tra Legit?

Quick charity verification for International Union Of Operating Engineers Local 30 Apprentice Tra (EIN: 132505715)

Verdict: International Union Of Operating Engineers Local 30 Apprentice Tra appears trustworthy

85/100Mission Score
$2.8MRevenue
$7.3MAssets
1Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How International Union Of Operating Engineers Local 30 Apprentice Tra allocates its funds across programs, administration, and fundraising.

85%
Program Spending
Healthy — majority goes to mission
10%
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 Local 30 Apprentice Tra

Is International Union Of Operating Engineers Local 30 Apprentice Tra a legitimate charity?

Based on AI analysis of IRS 990 filings, International Union Of Operating Engineers Local 30 Apprentice Tra (EIN: 132505715) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is International Union Of Operating Engineers Local 30 Apprentice Tra a good charity to donate to?

International Union Of Operating Engineers Local 30 Apprentice Tra has a Mission Score of 85/100. Revenue: $2.8M. Assets: $7.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for International Union Of Operating Engineers Local 30 Apprentice Tra?

The Employer Identification Number (EIN) for International Union Of Operating Engineers Local 30 Apprentice Tra is 132505715. 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 30 Apprentice Tra spend its money?

International Union Of Operating Engineers Local 30 Apprentice Tra allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify International Union Of Operating Engineers Local 30 Apprentice Tra's tax-exempt status?

You can verify International Union Of Operating Engineers Local 30 Apprentice Tra's tax-exempt status using EIN 132505715 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 30 Apprentice Tra demonstrates a consistent pattern of financial growth over the past decade, with revenue increasing from $995,450 in 2014 to $2,327,486 in 2023. The organization has also significantly grown its assets, from $396,136 in 2014 to $6,736,308 in 2023, indicating strong financial accumulation. However, a notable increase in liabilities in 2023 to $2,851,828, up from $34,193 in 2022, warrants closer examination to understand its nature and impact on financial stability. Spending efficiency appears generally sound, with expenses typically lower than revenue, allowing for asset growth. For instance, in 2023, expenses were $1,819,095 against revenues of $2,327,486. The organization consistently reports 0% officer compensation, which is a positive indicator for resource allocation directly to its mission. The absence of specific program, administrative, and fundraising expense breakdowns in the provided data limits a detailed assessment of spending efficiency across these categories. Transparency regarding executive compensation is excellent, with no reported officer compensation. However, without a detailed functional expense breakdown (program, administrative, fundraising), a comprehensive assessment of spending efficiency and transparency in these areas is challenging. The significant jump in liabilities in the latest filing period is a key area where more transparency would be beneficial to understand the organization's financial commitments.

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Disclaimer

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

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