Is Local 444 Sanitation Officers Retirees Welfare Fund Legit?
Quick charity verification for Local 444 Sanitation Officers Retirees Welfare Fund (EIN: 132854090)
Verdict: Local 444 Sanitation Officers Retirees Welfare Fund shows mixed signals
65/100Mission Score
$9.3MRevenue
$10.3MAssets
4Red Flags
3Strengths
Red Flags
Consistent operating deficits in recent years (e.g., 202312: $2.2M revenue vs. $4.4M expenses)
Significant negative revenue reported in 202212 ($-499,308)
Substantial decline in assets from $18M (2019) to $10.2M (2023)
Unknown NTEE code, limiting understanding of its specific charitable purpose and peer comparison.
Strengths
Zero officer compensation reported across all filings, indicating efficient use of funds for leadership.
Long history of IRS 990 filings (13 filings), suggesting established operations and compliance.
Maintains a healthy asset-to-liability ratio (e.g., $10.2M assets vs. $2.2M liabilities in 202312).
Spending Breakdown
How Local 444 Sanitation Officers Retirees Welfare Fund 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 Local 444 Sanitation Officers Retirees Welfare Fund
Is Local 444 Sanitation Officers Retirees Welfare Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Local 444 Sanitation Officers Retirees Welfare Fund (EIN: 132854090) shows mixed signals. Mission Score: 65/100. 4 red flags identified, 3 strengths noted.
Is Local 444 Sanitation Officers Retirees Welfare Fund a good charity to donate to?
Local 444 Sanitation Officers Retirees Welfare Fund has a Mission Score of 65/100. Revenue: $9.3M. Assets: $10.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Local 444 Sanitation Officers Retirees Welfare Fund?
The Employer Identification Number (EIN) for Local 444 Sanitation Officers Retirees Welfare Fund is 132854090. 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 444 Sanitation Officers Retirees Welfare Fund spend its money?
Local 444 Sanitation Officers Retirees Welfare Fund allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Local 444 Sanitation Officers Retirees Welfare Fund's tax-exempt status?
You can verify Local 444 Sanitation Officers Retirees Welfare Fund's tax-exempt status using EIN 132854090 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 444 Sanitation Officers Retirees Welfare Fund appears to be a well-established organization with a consistent history of operations, as evidenced by 13 years of IRS 990 filings. However, recent financial trends raise some concerns regarding its long-term financial health. In the 202312 period, the organization reported expenses of $4,492,444 against revenue of $2,227,232, indicating a significant operating deficit. This follows a highly unusual negative revenue figure of $-499,308 in the 202212 period, which, combined with expenses of $4,585,414, resulted in substantial losses.
The organization's assets have also seen a notable decline, dropping from a high of $18,056,417 in 201912 to $10,253,793 in 202312. While the NTEE code is unknown, suggesting a lack of detailed classification, the consistent reporting of zero officer compensation across all available filings indicates good transparency regarding executive pay. The primary function of a welfare fund is typically to provide benefits, which would constitute its program spending. Without a detailed breakdown of expenses, it's challenging to fully assess spending efficiency, but the consistent operating deficits in recent years are a significant point of concern for financial sustainability.