Is Lufthansa German Airlines Long Term Disability Benefits Pl Tr Legit?
Quick charity verification for Lufthansa German Airlines Long Term Disability Benefits Pl Tr (EIN: 112614325)
Verdict: Lufthansa German Airlines Long Term Disability Benefits Pl Tr shows mixed signals
60/100Mission Score
$21.1MRevenue
$55KAssets
3Red Flags
3Strengths
Red Flags
Zero assets reported in 2022 and 2023 filings while reporting significant liabilities ($220,796 and $543,793 respectively).
Consistent negative net assets in recent years (e.g., 2023: Revenue $17.7M, Expenses $18.0M, resulting in a deficit).
Unknown NTEE code limits full understanding of its operational context and peer comparison.
Strengths
Consistently reports 0% officer compensation, indicating very low administrative costs for leadership.
Long history of IRS 990 filings (13 filings), suggesting consistent compliance and operation.
Stable revenue generation over many years, typically in the $13M-$18M range.
AI Transparency Report
Lufthansa German Airlines Long Term Disability Benefits Pl Tr appears to function primarily as a benefits trust, as indicated by its consistent revenue and expense figures, and the nature of its assets and liabilities. The organization consistently reports zero officer compensation, which suggests a lean administrative structure or that compensation is handled by a related entity. However, the NTEE code is unknown, which limits a full understanding of its programmatic focus. The recent filings for 2022 and 2023 show significant liabilities ($220,796 and $543,793 respectively) and zero assets, which is a concerning trend for a benefits plan and warrants further investigation into its solvency and ability to meet future obligations. While the organization has a long filing history, the lack of detailed program spending breakdown in the provided data makes it difficult to assess spending efficiency beyond the absence of executive compensation.