Is Journeymen Of Plumb & Pipefitting Industry Welfare Fund Local 274 Legit?
Quick charity verification for Journeymen Of Plumb & Pipefitting Industry Welfare Fund Local 274 (EIN: 221530864)
Verdict: Journeymen Of Plumb & Pipefitting Industry Welfare Fund Local 274 appears trustworthy
85/100Mission Score
$11.8MRevenue
$17.2MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent revenue generation, with reported revenue of $10,706,939 in 2023.
Strong asset growth, reaching $15,130,522 in 2023.
Low liabilities relative to assets, with liabilities at $1,149,011 in 2023.
High percentage of expenses dedicated to programs, indicating efficient use of funds for its mission.
Spending Breakdown
How Journeymen Of Plumb & Pipefitting Industry Welfare Fund Local 274 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 Journeymen Of Plumb & Pipefitting Industry Welfare Fund Local 274
Is Journeymen Of Plumb & Pipefitting Industry Welfare Fund Local 274 a legitimate charity?
Based on AI analysis of IRS 990 filings, Journeymen Of Plumb & Pipefitting Industry Welfare Fund Local 274 (EIN: 221530864) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 4 strengths noted.
Is Journeymen Of Plumb & Pipefitting Industry Welfare Fund Local 274 a good charity to donate to?
Journeymen Of Plumb & Pipefitting Industry Welfare Fund Local 274 has a Mission Score of 85/100. Revenue: $11.8M. Assets: $17.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Journeymen Of Plumb & Pipefitting Industry Welfare Fund Local 274?
The Employer Identification Number (EIN) for Journeymen Of Plumb & Pipefitting Industry Welfare Fund Local 274 is 221530864. 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 Journeymen Of Plumb & Pipefitting Industry Welfare Fund Local 274 spend its money?
Journeymen Of Plumb & Pipefitting Industry Welfare Fund Local 274 allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Journeymen Of Plumb & Pipefitting Industry Welfare Fund Local 274's tax-exempt status?
You can verify Journeymen Of Plumb & Pipefitting Industry Welfare Fund Local 274's tax-exempt status using EIN 221530864 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
Journeymen Of Plumb & Pipefitting Industry Welfare Fund Local 274 is a health care nonprofit based in Hopatcong, New Jersey, with reported revenue of $11.8M and assets of $17.2M. Our AI analysis assigns a Mission Score of 85/100 (Excellent). Approximately 90% of spending goes to programs, 5% to administration, and 5% to fundraising. Executive compensation is consistently reported as $0 in the available filings, which may indicate that executive salaries are either not paid directly by the fund or are reported under different expense categories. Revenue has grown +25% across 13 filing periods.