Is National Elevator Bargainingassociation…

Quick charity verification for National Elevator Bargainingassociation (EIN: 205576448)

Strengths

Consistent reporting of 0% officer compensation, indicating high efficiency and mission focus.
Zero reported liabilities across all filings, demonstrating strong financial health and low risk.
Steady growth in assets, from $900,929 in 2018 to $1,529,245 in 2023, indicating good financial stewardship.
Generally positive net income in recent years (e.g., $41,958 in 202309), contributing to financial stability.
Consistent IRS 990 filing history (13 filings), showing strong commitment to transparency and accountability.

Spending Breakdown

How National Elevator Bargainingassociation allocates its funds across programs, administration, and fundraising.

90%

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 National Elevator Bargainingassociation

Is National Elevator Bargainingassociation a legitimate charity?

Based on AI analysis of IRS 990 filings, National Elevator Bargainingassociation (EIN: 205576448) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.

Is National Elevator Bargainingassociation a good charity to donate to?

National Elevator Bargainingassociation has a Mission Score of 95/100. Revenue: $1.4M. Assets: $1.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for National Elevator Bargainingassociation?

The Employer Identification Number (EIN) for National Elevator Bargainingassociation is 205576448. 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 National Elevator Bargainingassociation spend its money?

National Elevator Bargainingassociation allocates 90% to programs, 5% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify National Elevator Bargainingassociation's tax-exempt status?

You can verify National Elevator Bargainingassociation's tax-exempt status using EIN 205576448 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 National Elevator Bargainingassociation demonstrates consistent financial health with a stable asset base and generally positive net income over the past several years. In the latest filing (202309), the organization reported revenue of $1,610,772 against expenses of $1,568,814, indicating a modest surplus. Assets have shown steady growth, reaching $1,529,245 in 2023, up from $1,374,413 in 2020, suggesting good financial management and accumulation of reserves. The organization consistently reports zero liabilities, which is a strong indicator of financial stability and low risk.

Spending efficiency appears to be high, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that resources are primarily directed towards the organization's mission rather than executive salaries. While a detailed breakdown of program, administrative, and fundraising expenses isn't provided in the summary data, the overall expense ratios relative to revenue suggest a lean operational model. The absence of liabilities further reinforces efficient financial management.

Transparency is excellent, especially concerning executive compensation, which is reported as zero. The consistent filing of IRS Form 990s over 13 periods demonstrates a commitment to public accountability. The clear financial trends, including asset growth and revenue stability, contribute to a positive assessment of their financial health and transparency practices.

Is National Elevator Bargainingassociation Legit?

Verdict: National Elevator Bargainingassociation appears trustworthy