Quick charity verification for Local 464 A Educational Benefit Fund (EIN: 222230709)
Verdict: Local 464 A Educational Benefit Fund shows mixed signals
60/100Mission Score
$2.0MRevenue
$7.8MAssets
3Red Flags
3Strengths
Red Flags
A significant portion of expenses (over 80% in some years) is categorized as 'x' (likely administrative/other expenses) with very low 'r' (program expenses), suggesting limited direct program spending relative to overall expenditures.
The consistent reporting of 0% compensation for all key personnel might indicate a lack of transparency regarding how leadership is supported or compensated, or that all leadership is purely volunteer.
The purpose of the 'Educational Benefit Fund' is not clearly detailed in the provided financial data, making it difficult to assess the effectiveness of its 'programs'.
Strengths
The organization maintains a healthy asset base, consistently growing from $4,412,985 in 2016 to $6,805,996 in 2023.
Liabilities are consistently very low, indicating strong financial stability and minimal debt.
The organization has consistently generated revenue, with annual figures ranging from $169,878 to $573,211 over the past seven years.
Spending Breakdown
How Local 464 A Educational Benefit Fund allocates its funds across programs, administration, and fundraising.
10%
Program Spending
Concerning — less than half to programs
80%
Admin Costs
High — over 25% on administration
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 464 A Educational Benefit Fund
Is Local 464 A Educational Benefit Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Local 464 A Educational Benefit Fund (EIN: 222230709) shows mixed signals. Mission Score: 60/100. 3 red flags identified, 3 strengths noted.
Is Local 464 A Educational Benefit Fund a good charity to donate to?
Local 464 A Educational Benefit Fund has a Mission Score of 60/100. Revenue: $2.0M. Assets: $7.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Local 464 A Educational Benefit Fund?
The Employer Identification Number (EIN) for Local 464 A Educational Benefit Fund is 222230709. 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 464 A Educational Benefit Fund spend its money?
Local 464 A Educational Benefit Fund allocates 10% to programs, 80% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Local 464 A Educational Benefit Fund's tax-exempt status?
You can verify Local 464 A Educational Benefit Fund's tax-exempt status using EIN 222230709 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 464 A Educational Benefit Fund is a unknown nonprofit based in Little Falls, New Jersey, with reported revenue of $2.0M and assets of $7.8M. Our AI analysis assigns a Mission Score of 60/100 (Good). Approximately 10% of spending goes to programs, 80% to administration, and 10% to fundraising. Executive compensation is reported as $0 across all available filings, indicating either volunteer leadership or compensation is not categorized in a standard manner. Revenue has grown +63% across 13 filing periods.