Quick charity verification for Mark Landau Sheet Metal Ins Fund (EIN: 141435258)
Verdict: Mark Landau Sheet Metal Ins Fund appears trustworthy
95/100Mission Score
$10.3MRevenue
$19.8MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, from $11.5M in 2014 to $18.6M in 2023.
Zero officer compensation reported across all available filings, indicating strong financial stewardship.
Consistent positive revenue-to-expense ratio in most years, demonstrating financial sustainability.
Long history of IRS 990 filings (14 filings), suggesting good compliance and transparency.
Manageable liabilities relative to assets, indicating a healthy balance sheet.
Spending Breakdown
How Mark Landau Sheet Metal Ins 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 Mark Landau Sheet Metal Ins Fund
Is Mark Landau Sheet Metal Ins Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Mark Landau Sheet Metal Ins Fund (EIN: 141435258) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Mark Landau Sheet Metal Ins Fund a good charity to donate to?
Mark Landau Sheet Metal Ins Fund has a Mission Score of 95/100. Revenue: $10.3M. Assets: $19.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Mark Landau Sheet Metal Ins Fund?
The Employer Identification Number (EIN) for Mark Landau Sheet Metal Ins Fund is 141435258. 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 Mark Landau Sheet Metal Ins Fund spend its money?
Mark Landau Sheet Metal Ins Fund allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Mark Landau Sheet Metal Ins Fund's tax-exempt status?
You can verify Mark Landau Sheet Metal Ins Fund's tax-exempt status using EIN 141435258 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 Mark Landau Sheet Metal Ins Fund demonstrates consistent financial stability and growth over the past decade. With assets growing from $11.5 million in 2014 to over $18.6 million in 2023, the organization has effectively managed its resources. Revenue has fluctuated but generally remained strong, with the latest reported revenue at $6,224,120 against expenses of $5,572,753, indicating a healthy surplus. The organization consistently reports 0% officer compensation, which is a significant indicator of strong financial stewardship and a focus on mission-related spending rather than executive enrichment. This practice enhances trust and suggests that funds are primarily directed towards the organization's stated purpose.
Spending efficiency appears robust, given the consistent surpluses and asset growth. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the absence of officer compensation suggests a lean operational structure at the top. The organization's liabilities have remained manageable relative to its assets, indicating good financial health. The consistent filing of IRS 990 forms over 14 periods also points to a commitment to regulatory compliance and transparency.
Overall, the Mark Landau Sheet Metal Ins Fund appears to be a financially sound and well-managed organization. Its consistent asset growth, positive revenue-to-expense ratios, and zero officer compensation are strong indicators of financial health and a dedication to its mission. The consistent filing history further supports its commitment to transparency.