Long history of IRS 990 filings (13 filings), indicating consistent transparency and compliance.
Spending Breakdown
How Laundry Dry Cleaning Wkrs & Allied Indust Retrmnt Fund Workers United allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
8%
Admin Costs
Reasonable — admin costs in check
2%
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 Laundry Dry Cleaning Wkrs & Allied Indust Retrmnt Fund Workers United
Is Laundry Dry Cleaning Wkrs & Allied Indust Retrmnt Fund Workers United a legitimate charity?
Based on AI analysis of IRS 990 filings, Laundry Dry Cleaning Wkrs & Allied Indust Retrmnt Fund Workers United (EIN: 135521921) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.
Is Laundry Dry Cleaning Wkrs & Allied Indust Retrmnt Fund Workers United a good charity to donate to?
Laundry Dry Cleaning Wkrs & Allied Indust Retrmnt Fund Workers United has a Mission Score of 75/100. Revenue: $20.7M. Assets: $20.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Laundry Dry Cleaning Wkrs & Allied Indust Retrmnt Fund Workers United?
The Employer Identification Number (EIN) for Laundry Dry Cleaning Wkrs & Allied Indust Retrmnt Fund Workers United is 135521921. 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 Laundry Dry Cleaning Wkrs & Allied Indust Retrmnt Fund Workers United spend its money?
Laundry Dry Cleaning Wkrs & Allied Indust Retrmnt Fund Workers United allocates 90% to programs, 8% to administration, and 2% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Laundry Dry Cleaning Wkrs & Allied Indust Retrmnt Fund Workers United's tax-exempt status?
You can verify Laundry Dry Cleaning Wkrs & Allied Indust Retrmnt Fund Workers United's tax-exempt status using EIN 135521921 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
Laundry Dry Cleaning Wkrs & Allied Indust Retrmnt Fund Workers United appears to be a retirement fund, which typically operates differently from traditional public charities in terms of program spending and fundraising. The organization consistently reports zero officer compensation across all available filings, which is a positive indicator of financial stewardship regarding executive pay. However, without a clear NTEE code or detailed program expense breakdown, it's challenging to assess its spending efficiency in the context of a typical nonprofit. The fund has shown consistent revenue and asset levels over the past decade, with assets generally exceeding liabilities, indicating financial stability. For instance, in 2023, assets were $18,940,635 against liabilities of $688,416.
The organization's financial health seems stable, with revenues generally covering expenses, though there have been periods where expenses slightly exceeded revenue, such as in 2023 ($14,247,028 expenses vs. $13,882,733 revenue) and 2022 ($13,792,841 expenses vs. $13,557,960 revenue). This suggests a slight draw on reserves in recent years. Given its nature as a retirement fund, its 'program' spending would primarily be benefit payments to retirees, and its 'fundraising' would be contributions from employers/employees. The lack of detailed expense categorization in the provided data makes a precise assessment of spending efficiency difficult for a typical charity model, but for a retirement fund, consistent benefit payments and prudent investment management are key indicators.