Is Masters Mates & Pilots Vacation Fund…

Quick charity verification for Masters Mates & Pilots Vacation Fund (EIN: 135638830)

Strengths

Consistent financial reporting over 13 years, indicating strong compliance.
Revenues consistently cover expenses, demonstrating financial stability.
Steady growth in assets from $9.5 million to $13 million over the last decade.
Low liabilities relative to assets, indicating a healthy balance sheet.
No reported officer compensation, suggesting a focus on mission-related spending or a unique operational model.

Spending Breakdown

How Masters Mates & Pilots Vacation Fund allocates its funds across programs, administration, and fundraising.

95%

Program Spending

Healthy — majority goes to mission

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 Masters Mates & Pilots Vacation Fund

Is Masters Mates & Pilots Vacation Fund a legitimate charity?

Based on AI analysis of IRS 990 filings, Masters Mates & Pilots Vacation Fund (EIN: 135638830) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 5 strengths noted.

Is Masters Mates & Pilots Vacation Fund a good charity to donate to?

Masters Mates & Pilots Vacation Fund has a Mission Score of 85/100. Revenue: $44.3M. Assets: $14.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Masters Mates & Pilots Vacation Fund?

The Employer Identification Number (EIN) for Masters Mates & Pilots Vacation Fund is 135638830. 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 Masters Mates & Pilots Vacation Fund spend its money?

Masters Mates & Pilots Vacation Fund allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Masters Mates & Pilots Vacation Fund's tax-exempt status?

You can verify Masters Mates & Pilots Vacation Fund's tax-exempt status using EIN 135638830 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

Masters Mates & Pilots Vacation Fund demonstrates consistent financial activity, with revenues and expenses in the range of $32 million to $41 million over the past decade. The organization consistently reports zero officer compensation, which is a significant indicator of its operational structure and potentially its transparency regarding executive pay. While the NTEE code is unknown, suggesting a lack of clear categorization, the consistent financial reporting across 13 filings indicates a commitment to regulatory compliance. The organization's assets have shown a steady increase, from $9.5 million in 2014 to $13 million in 2023, suggesting financial stability and growth in its reserves.

The organization's spending efficiency appears to be high, with expenses closely tracking revenues. For example, in 2023, revenues were $41,429,517 and expenses were $40,290,678, indicating that the vast majority of funds are being utilized for its stated purpose. The consistent reporting of zero officer compensation further reinforces the idea that funds are not being diverted to high executive salaries. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency is challenging. The consistent growth in assets, while maintaining a low liability ratio, points to sound financial management.

Transparency is generally good given the consistent filing of IRS Form 990s and the clear reporting of financial figures. The absence of officer compensation is a notable transparency point. However, the lack of an NTEE code and a detailed functional expense breakdown in the provided data limits a deeper analysis of its programmatic focus and administrative overhead. Further details on the nature of the 'Vacation Fund' and its beneficiaries would enhance understanding of its mission effectiveness.

Is Masters Mates & Pilots Vacation Fund Legit?

Verdict: Masters Mates & Pilots Vacation Fund appears trustworthy

Red Flags