Is International Union Of Operating Engineers Local 94 Legit?
Quick charity verification for International Union Of Operating Engineers Local 94 (EIN: 131109414)
Verdict: International Union Of Operating Engineers Local 94 appears trustworthy
85/100Mission Score
$9.8MRevenue
$11.4MAssets
1Red Flags
5Strengths
Red Flags
Consistent 0% officer compensation reported, which is atypical for an organization of this scale and could indicate a lack of transparency in reporting leadership remuneration.
Strengths
Consistent revenue growth, increasing from $4.7 million in 2014 to $7.8 million in 2023.
Strong asset growth, from $3.7 million in 2014 to over $10 million in 2023.
Consistent financial surpluses, indicating sound financial management and sustainability.
Low liabilities relative to assets, suggesting a healthy balance sheet.
Efficient spending, as evidenced by consistent surpluses and asset accumulation.
Spending Breakdown
How International Union Of Operating Engineers Local 94 allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
5%
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 94
Is International Union Of Operating Engineers Local 94 a legitimate charity?
Based on AI analysis of IRS 990 filings, International Union Of Operating Engineers Local 94 (EIN: 131109414) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is International Union Of Operating Engineers Local 94 a good charity to donate to?
International Union Of Operating Engineers Local 94 has a Mission Score of 85/100. Revenue: $9.8M. Assets: $11.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for International Union Of Operating Engineers Local 94?
The Employer Identification Number (EIN) for International Union Of Operating Engineers Local 94 is 131109414. 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 94 spend its money?
International Union Of Operating Engineers Local 94 allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify International Union Of Operating Engineers Local 94's tax-exempt status?
You can verify International Union Of Operating Engineers Local 94's tax-exempt status using EIN 131109414 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 94 demonstrates consistent financial growth and stability over the past decade. Revenue has steadily increased from $4.7 million in 2014 to $7.8 million in 2023, with assets growing from $3.7 million to over $10 million in the same period. The organization consistently operates with a surplus, indicating sound financial management and the ability to cover its expenses. For example, in 2023, revenue was $7,807,201 against expenses of $7,794,278, resulting in a small surplus.
Spending efficiency appears to be strong, as evidenced by the consistent surpluses and growth in assets. The organization's liabilities have remained relatively low compared to its assets, suggesting a healthy balance sheet. A notable aspect is the reported 0% officer compensation across all available filings, which, if accurate, indicates a highly efficient use of funds for leadership or that compensation is reported differently (e.g., as program expenses or not to officers). This lack of reported officer compensation also impacts the assessment of transparency regarding executive pay.
Overall, the financial health appears robust, with consistent revenue generation and asset accumulation. The absence of reported officer compensation, while potentially positive for efficiency, could also be a point for further inquiry regarding the full picture of leadership remuneration.