Is Local 282 Vacation And Sick Leave Trust Fund Legit?

Quick charity verification for Local 282 Vacation And Sick Leave Trust Fund (EIN: 116438921)

Verdict: Local 282 Vacation And Sick Leave Trust Fund appears trustworthy

90/100Mission Score
$0Revenue
$0Assets
1Red Flags
4Strengths

Red Flags

Strengths

Spending Breakdown

How Local 282 Vacation And Sick Leave Trust Fund allocates its funds across programs, administration, and fundraising.

95%
Program Spending
Healthy — majority goes to mission
5%
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 Local 282 Vacation And Sick Leave Trust Fund

Is Local 282 Vacation And Sick Leave Trust Fund a legitimate charity?

Based on AI analysis of IRS 990 filings, Local 282 Vacation And Sick Leave Trust Fund (EIN: 116438921) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.

Is Local 282 Vacation And Sick Leave Trust Fund a good charity to donate to?

Local 282 Vacation And Sick Leave Trust Fund has a Mission Score of 90/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Local 282 Vacation And Sick Leave Trust Fund?

The Employer Identification Number (EIN) for Local 282 Vacation And Sick Leave Trust Fund is 116438921. 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 282 Vacation And Sick Leave Trust Fund spend its money?

Local 282 Vacation And Sick Leave Trust Fund allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Local 282 Vacation And Sick Leave Trust Fund's tax-exempt status?

You can verify Local 282 Vacation And Sick Leave Trust Fund's tax-exempt status using EIN 116438921 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 282 Vacation And Sick Leave Trust Fund consistently demonstrates strong financial health, with revenues generally exceeding expenses across its filing history. For instance, in 2018, revenue was $12,806,038 against expenses of $12,319,966, resulting in a surplus. While the 2019 period showed a slight deficit with expenses of $13,272,830 exceeding revenue of $13,018,461, this appears to be an anomaly in an otherwise stable trend. The organization maintains substantial assets, reaching $7,669,189 in 2019, with relatively low liabilities, indicating good financial management and solvency. The consistent reporting of 0% officer compensation across all available filings suggests a high degree of spending efficiency and a focus on its primary purpose, which is typical for a trust fund of this nature. The absence of officer compensation also points to a transparent approach regarding executive pay, as there is none to report.

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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