Quick charity verification for Local 1253 Ibew Properties Inc (EIN: 16029905)
Verdict: Local 1253 Ibew Properties Inc shows mixed signals
45/100Mission Score
$0Revenue
$0Assets
5Red Flags
2Strengths
Red Flags
Significant operating deficit in 2021 ($55,158 revenue vs. $105,871 expenses).
Decline in assets from $132,513 in 2020 to $81,800 in 2021.
Latest reported revenue and assets are $0, raising questions about current operational status.
Lack of detailed expense breakdown (program, admin, fundraising) in provided data.
Unknown NTEE code, hindering understanding of its charitable purpose.
Strengths
No reported liabilities in either 2020 or 2021.
No reported officer compensation, potentially indicating volunteer leadership.
Spending Breakdown
How Local 1253 Ibew Properties Inc allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
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 Ibew Properties Inc
Is Local 1253 Ibew Properties Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Local 1253 Ibew Properties Inc (EIN: 16029905) shows mixed signals. Mission Score: 45/100. 5 red flags identified, 2 strengths noted.
Is Local 1253 Ibew Properties Inc a good charity to donate to?
Local 1253 Ibew Properties Inc has a Mission Score of 45/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Local 1253 Ibew Properties Inc?
The Employer Identification Number (EIN) for Local 1253 Ibew Properties Inc is 16029905. 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 Ibew Properties Inc spend its money?
Local 1253 Ibew Properties Inc allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Local 1253 Ibew Properties Inc's tax-exempt status?
You can verify Local 1253 Ibew Properties Inc's tax-exempt status using EIN 16029905 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
Local 1253 Ibew Properties Inc appears to be in a challenging financial position based on its latest available filings. In the 202106 period, the organization reported $55,158 in revenue against $105,871 in expenses, indicating a significant operating deficit. This follows a more favorable 202006 period where revenue of $83,305 exceeded expenses of $20,892. The decline in assets from $132,513 in 2020 to $81,800 in 2021 further suggests a contraction in the organization's financial base. The most recent data showing $0 revenue and $0 assets is concerning and may indicate inactivity or a significant change in operations not fully detailed in the provided summary.
Given the limited financial data, it's difficult to fully assess spending efficiency or transparency beyond the provided figures. The absence of reported officer compensation in both periods suggests either a volunteer-led structure or that compensation is handled through a related entity, which would warrant further investigation for complete transparency. The lack of detailed expense breakdowns (program, administrative, fundraising) in the provided data prevents a granular analysis of how funds are being allocated.
Overall, the organization's financial health shows signs of stress, particularly with the recent deficit and asset reduction. While liabilities are reported as zero, the trend of declining revenue and increasing expenses in the 2021 period, culminating in the latest $0 figures, raises questions about its ongoing viability and operational status. More detailed financial statements would be necessary for a comprehensive understanding of its financial management and future outlook.