Is Organization Of Staff Analysts Welfare Fund Legit?
Quick charity verification for Organization Of Staff Analysts Welfare Fund (EIN: 133432029)
Verdict: Organization Of Staff Analysts Welfare Fund appears trustworthy
90/100Mission Score
$31.6MRevenue
$58.9MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent financial stability and asset growth, from $40.6M in 2015 to $56.9M in 2023.
No reported officer compensation across all filings, indicating high efficiency.
Revenues consistently exceed expenses, demonstrating strong financial management (e.g., $17.9M revenue vs. $15.0M expenses in 2023).
Low liabilities relative to assets, indicating a strong balance sheet (e.g., $2.39M liabilities vs. $56.9M assets in 2023).
Spending Breakdown
How Organization Of Staff Analysts Welfare Fund allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Organization Of Staff Analysts Welfare Fund
Is Organization Of Staff Analysts Welfare Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Organization Of Staff Analysts Welfare Fund (EIN: 133432029) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
Is Organization Of Staff Analysts Welfare Fund a good charity to donate to?
Organization Of Staff Analysts Welfare Fund has a Mission Score of 90/100. Revenue: $31.6M. Assets: $58.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Organization Of Staff Analysts Welfare Fund?
The Employer Identification Number (EIN) for Organization Of Staff Analysts Welfare Fund is 133432029. 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 Organization Of Staff Analysts Welfare Fund spend its money?
Organization Of Staff Analysts Welfare Fund allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Organization Of Staff Analysts Welfare Fund's tax-exempt status?
You can verify Organization Of Staff Analysts Welfare Fund's tax-exempt status using EIN 133432029 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 Organization Of Staff Analysts Welfare Fund demonstrates consistent financial stability, with assets steadily growing from $40.6 million in 2015 to $56.9 million in 2023. The organization consistently maintains a healthy surplus, with revenues generally exceeding expenses, as seen in 2023 where revenue was $17.9 million against expenses of $15.0 million. This indicates effective management of its financial resources and a strong capacity to meet its obligations.
Spending efficiency appears robust, particularly given the consistent reporting of 0% officer compensation across all available filings. This suggests that a very high proportion of expenses are directed towards program services, which is typical for a welfare fund. The organization's financial health is further supported by its relatively low liabilities compared to its substantial assets, indicating a strong balance sheet. For instance, in 2023, liabilities were $2.39 million against assets of $56.9 million.
Transparency is generally good through its consistent IRS 990 filings. The absence of reported officer compensation is a significant positive indicator for a welfare fund, implying that administrative costs related to executive salaries are either non-existent or covered by other entities, which is common in union-affiliated welfare funds. Overall, the organization appears to be a well-managed and financially sound entity, effectively utilizing its resources for its stated purpose.