Is L 3 Communications Group Health Plan Bargained Group Veba Legit?
Quick charity verification for L 3 Communications Group Health Plan Bargained Group Veba (EIN: 201036390)
Verdict: L 3 Communications Group Health Plan Bargained Group Veba appears trustworthy
90/100Mission Score
$1.9MRevenue
$33.9MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, reaching $29,019,424 in 2023.
Zero reported liabilities across all available filings, indicating strong financial health.
0% officer compensation reported, demonstrating high efficiency and transparency regarding executive pay.
Expenses consistently well below revenue, suggesting effective financial management.
Consistent IRS 990 filing history over 14 periods, indicating good compliance and transparency.
Spending Breakdown
How L 3 Communications Group Health Plan Bargained Group Veba allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 L 3 Communications Group Health Plan Bargained Group Veba
Is L 3 Communications Group Health Plan Bargained Group Veba a legitimate charity?
Based on AI analysis of IRS 990 filings, L 3 Communications Group Health Plan Bargained Group Veba (EIN: 201036390) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is L 3 Communications Group Health Plan Bargained Group Veba a good charity to donate to?
L 3 Communications Group Health Plan Bargained Group Veba has a Mission Score of 90/100. Revenue: $1.9M. Assets: $33.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for L 3 Communications Group Health Plan Bargained Group Veba?
The Employer Identification Number (EIN) for L 3 Communications Group Health Plan Bargained Group Veba is 201036390. 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 L 3 Communications Group Health Plan Bargained Group Veba spend its money?
L 3 Communications Group Health Plan Bargained Group Veba allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify L 3 Communications Group Health Plan Bargained Group Veba's tax-exempt status?
You can verify L 3 Communications Group Health Plan Bargained Group Veba's tax-exempt status using EIN 201036390 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
L 3 Communications Group Health Plan Bargained Group Veba appears to be a financially stable organization, primarily functioning as a health plan for a bargained group. Its assets have shown consistent growth over the past decade, reaching $29,019,424 in 2023, up from $15,200,939 in 2014. The organization consistently reports zero liabilities, indicating a strong balance sheet and minimal financial risk. Revenue streams have fluctuated, with a notable spike in 2020 to over $12 million, but generally remain in the $1-2 million range. Expenses are consistently well below revenue, suggesting efficient management of its primary function, which is likely the administration of health benefits rather than traditional programmatic spending.
Given its nature as a VEBA (Voluntary Employees' Beneficiary Association), the typical metrics for 'program spending' as seen in other nonprofits may not directly apply. Its 'program' is essentially the provision of benefits. The consistent reporting of 0% officer compensation across all filings indicates a high degree of financial transparency regarding executive pay, as no compensation is being drawn by officers. The organization's consistent filing history and clear financial statements contribute to its overall transparency.