Is Local Union No 46 L Metallic Lathers…

Quick charity verification for Local Union No 46 L Metallic Lathers (EIN: 131036160)

Spending Breakdown

How Local Union No 46 L Metallic Lathers allocates its funds across programs, administration, and fundraising.

90%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Union No 46 L Metallic Lathers

Is Local Union No 46 L Metallic Lathers a legitimate charity?

Based on AI analysis of IRS 990 filings, Local Union No 46 L Metallic Lathers (EIN: 131036160) appears trustworthy. Mission Score: 75/100. 3 red flags identified, 3 strengths noted.

Is Local Union No 46 L Metallic Lathers a good charity to donate to?

Local Union No 46 L Metallic Lathers has a Mission Score of 75/100. Revenue: $5.3M. Assets: $14.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Local Union No 46 L Metallic Lathers?

The Employer Identification Number (EIN) for Local Union No 46 L Metallic Lathers is 131036160. 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 Union No 46 L Metallic Lathers spend its money?

Local Union No 46 L Metallic Lathers allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Local Union No 46 L Metallic Lathers's tax-exempt status?

You can verify Local Union No 46 L Metallic Lathers's tax-exempt status using EIN 131036160 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 Union No 46 L Metallic Lathers has demonstrated consistent financial operations, though recent years show a trend of expenses exceeding revenue. For example, in the 202406 period, expenses were $3,694,414 against revenues of $2,647,367, indicating a deficit. This pattern is visible in most recent filings, suggesting the organization is drawing down on its assets or reserves. The organization's assets have also shown a gradual decline from a high of $18,706,453 in 201806 to $14,622,370 in 202406, which aligns with the deficit spending.

Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide a precise assessment. However, the consistent reporting of 0% officer compensation across all available filings suggests a strong commitment to minimizing executive overhead, which is a positive indicator for efficiency. The organization's NTEE code J40 (Labor Unions) implies that its 'program' spending would largely be related to member services and advocacy, which are inherent to its mission.

Transparency appears to be good given the consistent filing of IRS Form 990s over many years. The absence of reported liabilities in several periods (e.g., 202306, 202206, 202106) is noteworthy, though liabilities reappeared in 202406 at $174,326. The consistent reporting of zero officer compensation is a strong point for transparency and financial stewardship.

Is Local Union No 46 L Metallic Lathers Legit?

Verdict: Local Union No 46 L Metallic Lathers appears trustworthy

Red Flags

Strengths