Is Northwest Sheet Metal Labor Management Cooperation Trust Legit?
Quick charity verification for Northwest Sheet Metal Labor Management Cooperation Trust (EIN: 201449592)
Verdict: Northwest Sheet Metal Labor Management Cooperation Trust appears trustworthy
92/100Mission Score
$302KRevenue
$1.1MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent asset growth, increasing from $242,947 in 2015 to over $1.1 million currently.
Highly efficient spending, with expenses consistently well below revenue in recent years (e.g., 2023 expenses were 48.8% of revenue).
Zero officer compensation reported across all filings, indicating a strong commitment to minimizing administrative costs.
No reported liabilities in most filing periods, demonstrating strong financial stability.
Consistent IRS 990 filing history, indicating good transparency and compliance.
Spending Breakdown
How Northwest Sheet Metal Labor Management Cooperation Trust 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 Northwest Sheet Metal Labor Management Cooperation Trust
Is Northwest Sheet Metal Labor Management Cooperation Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Northwest Sheet Metal Labor Management Cooperation Trust (EIN: 201449592) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Northwest Sheet Metal Labor Management Cooperation Trust a good charity to donate to?
Northwest Sheet Metal Labor Management Cooperation Trust has a Mission Score of 92/100. Revenue: $302K. Assets: $1.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Northwest Sheet Metal Labor Management Cooperation Trust?
The Employer Identification Number (EIN) for Northwest Sheet Metal Labor Management Cooperation Trust is 201449592. 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 Northwest Sheet Metal Labor Management Cooperation Trust spend its money?
Northwest Sheet Metal Labor Management Cooperation Trust allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Northwest Sheet Metal Labor Management Cooperation Trust's tax-exempt status?
You can verify Northwest Sheet Metal Labor Management Cooperation Trust's tax-exempt status using EIN 201449592 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 Northwest Sheet Metal Labor Management Cooperation Trust demonstrates consistent financial growth and strong asset accumulation over the past decade. With latest reported assets of $1,127,033 and revenue of $302,426, the organization appears financially stable. A key strength is its efficient spending, as evidenced by the 202312 filing showing expenses of $144,812 against revenue of $296,207, indicating a significant surplus. This consistent surplus generation has contributed to a substantial increase in assets from $242,947 in 2015 to over $1 million in 2023.
The organization's spending efficiency is further highlighted by its low expense-to-revenue ratio in recent years. For instance, in 2023, expenses were approximately 48.8% of revenue. This suggests that a substantial portion of its income is retained or directed towards its mission, rather than being consumed by operational costs. The absence of reported officer compensation across all filings indicates a commitment to minimizing administrative overhead and maximizing resource allocation to its programs.
Transparency appears high given the consistent filing of IRS Form 990s and the clear financial data provided. The organization's financial health is robust, characterized by steady revenue, controlled expenses, and a healthy growth in assets. The lack of liabilities in most periods further underscores its sound financial management.