Quick charity verification for Noitu Insurance Trust Fund (EIN: 111740492)
Verdict: Noitu Insurance Trust Fund shows mixed signals
65/100Mission Score
$62.3MRevenue
$160.2MAssets
3Red Flags
3Strengths
Red Flags
Consistent 0% officer compensation for a large organization, raising transparency concerns.
Unknown NTEE code and lack of clear mission statement in the provided data, hindering programmatic assessment.
Absence of detailed expense breakdown (program, admin, fundraising) in the summary data.
Strengths
Consistent revenue generation, with latest revenue at $62.3 million.
Strong asset growth, increasing from $85.7 million in 2014 to $160.2 million currently.
Maintains a healthy asset-to-liability ratio, indicating financial stability (e.g., $149.4M assets vs $15.9M liabilities in 2023).
Spending Breakdown
How Noitu Insurance Trust Fund allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Noitu Insurance Trust Fund
Is Noitu Insurance Trust Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Noitu Insurance Trust Fund (EIN: 111740492) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
Is Noitu Insurance Trust Fund a good charity to donate to?
Noitu Insurance Trust Fund has a Mission Score of 65/100. Revenue: $62.3M. Assets: $160.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Noitu Insurance Trust Fund?
The Employer Identification Number (EIN) for Noitu Insurance Trust Fund is 111740492. 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 Noitu Insurance Trust Fund spend its money?
Noitu Insurance Trust Fund allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Noitu Insurance Trust Fund's tax-exempt status?
You can verify Noitu Insurance Trust Fund's tax-exempt status using EIN 111740492 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
Noitu Insurance Trust Fund appears to be a financially stable organization, consistently generating significant revenue and maintaining substantial assets. Over the past decade, its revenue has grown from $38.1 million in 2014 to $49.7 million in 2023, with assets increasing from $85.7 million to $149.4 million in the same period. The organization consistently reports zero officer compensation, which is unusual for an entity of its size and could indicate that executive compensation is reported under other categories or that the organization is managed by an external entity. This lack of direct officer compensation reporting on the 990s could be a point of concern regarding transparency.
The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, its expenses have generally remained below its revenue, allowing for asset growth. For instance, in 2023, expenses were $45.2 million against $49.7 million in revenue, indicating a surplus. The consistent growth in assets and relatively stable liabilities suggest prudent financial management, but the absence of detailed expense categorization limits a complete evaluation of its spending efficiency and program impact.