Is Keyspan Corporation Life Insurance Master Tr For Management Employees Legit?

Quick charity verification for Keyspan Corporation Life Insurance Master Tr For Management Employees (EIN: 133913427)

Verdict: Keyspan Corporation Life Insurance Master Tr For Management Employees appears trustworthy

75/100Mission Score
$47.2MRevenue
$97.3MAssets
2Red Flags
3Strengths

Red Flags

Strengths

Spending Breakdown

How Keyspan Corporation Life Insurance Master Tr For Management Employees allocates its funds across programs, administration, and fundraising.

85%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
0%
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 Keyspan Corporation Life Insurance Master Tr For Management Employees

Is Keyspan Corporation Life Insurance Master Tr For Management Employees a legitimate charity?

Based on AI analysis of IRS 990 filings, Keyspan Corporation Life Insurance Master Tr For Management Employees (EIN: 133913427) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.

Is Keyspan Corporation Life Insurance Master Tr For Management Employees a good charity to donate to?

Keyspan Corporation Life Insurance Master Tr For Management Employees has a Mission Score of 75/100. Revenue: $47.2M. Assets: $97.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Keyspan Corporation Life Insurance Master Tr For Management Employees?

The Employer Identification Number (EIN) for Keyspan Corporation Life Insurance Master Tr For Management Employees is 133913427. 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 Keyspan Corporation Life Insurance Master Tr For Management Employees spend its money?

Keyspan Corporation Life Insurance Master Tr For Management Employees allocates 85% to programs, 15% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Keyspan Corporation Life Insurance Master Tr For Management Employees's tax-exempt status?

You can verify Keyspan Corporation Life Insurance Master Tr For Management Employees's tax-exempt status using EIN 133913427 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

Keyspan Corporation Life Insurance Master Tr For Management Employees exhibits highly variable financial performance, particularly in its revenue figures. For instance, revenue surged from $1,639,015 in 2022 to $47,710,027 in 2023, while expenses remained relatively stable, around $3-5 million annually, except for a significant increase to $5,727,347 in 2023. This volatility makes consistent financial health assessment challenging. The organization consistently reports 0% officer compensation, which is a positive indicator of resource allocation towards its stated purpose, rather than executive enrichment. Given its NTEE code Y43 (Employee Welfare Organizations), the financial activities likely revolve around managing employee benefits, which explains the large asset base of $97,276,446 and the fluctuating revenue, potentially tied to investment performance or specific benefit payouts. The low liabilities relative to assets, such as $2,554,752 in liabilities against $95,223,431 in assets in 2023, suggest a strong financial position. However, without a detailed breakdown of expenses into program, administrative, and fundraising categories, it's difficult to fully assess spending efficiency. The consistent reporting of 0% officer compensation across all available filings suggests a commitment to minimizing administrative overhead in that specific area. Transparency regarding the specific nature of its 'programs' and how the significant assets are utilized for employee welfare would enhance understanding. While the 0% officer compensation is transparent, the overall financial reporting, typical for a trust, lacks the granular detail often found in public charities regarding program impact and administrative costs beyond executive pay. The substantial increase in assets from $17,449,833 in 2022 to $95,223,431 in 2023, alongside the revenue spike, warrants further investigation to understand the underlying financial events.

View Full Transparency Report →

Disclaimer

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

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