Quick charity verification for Local 1253 Health & Welfare Fund (EIN: 16029461)
Verdict: Local 1253 Health & Welfare Fund shows mixed signals
40/100Mission Score
$0Revenue
$0Assets
3Red Flags
1Strengths
Red Flags
Latest filing shows $0 revenue and $0 assets, indicating potential operational cessation or severe financial distress.
Consistent historical deficit spending, where expenses frequently exceeded revenue (e.g., 2013 expenses $2,308,080 vs. revenue $1,990,386).
NTEE code is unknown, which can hinder understanding of its specific charitable purpose and impact.
Strengths
Consistently reported 0% officer compensation across all available filings, indicating no executive salaries were paid.
Spending Breakdown
How Local 1253 Health & Welfare Fund allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Local 1253 Health & Welfare Fund
Is Local 1253 Health & Welfare Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Local 1253 Health & Welfare Fund (EIN: 16029461) shows mixed signals. Mission Score: 40/100. 3 red flags identified, 1 strength noted.
Is Local 1253 Health & Welfare Fund a good charity to donate to?
Local 1253 Health & Welfare Fund has a Mission Score of 40/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Local 1253 Health & Welfare Fund?
The Employer Identification Number (EIN) for Local 1253 Health & Welfare Fund is 16029461. 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 Local 1253 Health & Welfare Fund spend its money?
Local 1253 Health & Welfare Fund allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Local 1253 Health & Welfare Fund's tax-exempt status?
You can verify Local 1253 Health & Welfare Fund's tax-exempt status using EIN 16029461 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 Local 1253 Health & Welfare Fund exhibits a concerning financial trend, with its latest filing showing $0 in both revenue and assets, indicating potential dormancy or a significant operational shift. Historically, the organization has experienced fluctuating revenues and expenses, often spending more than it brought in, as seen in 2013 ($1,990,386 revenue vs. $2,308,080 expenses) and 2012 ($2,260,937 revenue vs. $2,646,449 expenses). While officer compensation has consistently been reported as 0%, which is positive for resource allocation, the overall financial health appears precarious given the recent $0 figures. The lack of detailed expense breakdowns in the provided data makes a precise assessment of spending efficiency challenging, but the historical deficit spending suggests potential sustainability issues.