Is Metal Lathers Local 46 Vacation Fund…

Quick charity verification for Metal Lathers Local 46 Vacation Fund (EIN: 136106454)

Spending Breakdown

How Metal Lathers Local 46 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 Metal Lathers Local 46 Vacation Fund

Is Metal Lathers Local 46 Vacation Fund a legitimate charity?

Based on AI analysis of IRS 990 filings, Metal Lathers Local 46 Vacation Fund (EIN: 136106454) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.

Is Metal Lathers Local 46 Vacation Fund a good charity to donate to?

Metal Lathers Local 46 Vacation Fund has a Mission Score of 85/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Metal Lathers Local 46 Vacation Fund?

The Employer Identification Number (EIN) for Metal Lathers Local 46 Vacation Fund is 136106454. 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 Metal Lathers Local 46 Vacation Fund spend its money?

Metal Lathers Local 46 Vacation Fund allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Metal Lathers Local 46 Vacation Fund's tax-exempt status?

You can verify Metal Lathers Local 46 Vacation Fund's tax-exempt status using EIN 136106454 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 Metal Lathers Local 46 Vacation Fund appears to be a well-established organization, consistently reporting significant revenue and expenses, primarily related to its function as a vacation fund. Over the past six years, the fund has managed substantial financial flows, with revenues often closely matching expenses, indicating that it is distributing funds as intended rather than accumulating large surpluses. For instance, in 2016, revenue was $22,382,024 against expenses of $22,511,643, and in 2015, revenue was $22,596,331 against expenses of $22,468,410. This operational model suggests a focus on direct benefit distribution rather than traditional programmatic spending or fundraising.

The organization's financial health seems stable, maintaining positive assets over liabilities across all reported periods, such as $2,405,367 in assets versus $1,721,206 in liabilities in 2016. The consistent reporting of zero officer compensation across all filings indicates a high degree of spending efficiency in terms of administrative overhead related to executive pay. However, without a detailed breakdown of expenses beyond the top-line figures, it's challenging to fully assess the efficiency of other administrative or operational costs. The lack of revenue and assets in the latest reported period (which is likely an anomaly or a specific reporting cutoff) warrants further investigation to understand the current status, but the historical data shows a robust financial operation.

Transparency is generally good given the consistent filing of IRS Form 990s. The absence of officer compensation is a positive indicator for how funds are managed. However, the NTEE code being 'Unknown' and the lack of detailed expense categories in the provided summary make it difficult to fully understand the specific allocation of funds beyond the broad revenue and expense figures. A more granular view of spending would enhance transparency and allow for a deeper analysis of operational efficiency.

Is Metal Lathers Local 46 Vacation Fund Legit?

Verdict: Metal Lathers Local 46 Vacation Fund appears trustworthy

Red Flags

Strengths