Quick charity verification for Phillips & Jordan Veba Tr (EIN: 207142554)
Verdict: Phillips & Jordan Veba Tr appears trustworthy
90/100Mission Score
$13.1MRevenue
$139KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent zero officer compensation, indicating strong financial stewardship and focus on purpose.
Stable financial operations with revenues generally exceeding expenses, as seen in 2023 ($12,806,869 revenue vs. $12,488,460 expenses).
Consistent growth in revenue over the past decade, demonstrating organizational stability and expansion.
Zero liabilities reported in recent years (2023, 2022, 2021), indicating strong financial health.
Regular and extensive IRS 990 filing history (13 filings), suggesting good transparency.
Spending Breakdown
How Phillips & Jordan Veba Tr allocates its funds across programs, administration, and fundraising.
100%
Program Spending
Healthy — majority goes to mission
0%
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 Phillips & Jordan Veba Tr
Is Phillips & Jordan Veba Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Phillips & Jordan Veba Tr (EIN: 207142554) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Phillips & Jordan Veba Tr a good charity to donate to?
Phillips & Jordan Veba Tr has a Mission Score of 90/100. Revenue: $13.1M. Assets: $139K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Phillips & Jordan Veba Tr?
The Employer Identification Number (EIN) for Phillips & Jordan Veba Tr is 207142554. 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 Phillips & Jordan Veba Tr spend its money?
Phillips & Jordan Veba Tr allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Phillips & Jordan Veba Tr's tax-exempt status?
You can verify Phillips & Jordan Veba Tr's tax-exempt status using EIN 207142554 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
Phillips & Jordan Veba Tr demonstrates consistent financial activity with revenues generally exceeding expenses, indicating a stable operational model. For example, in 2023, revenue was $12,806,869 against expenses of $12,488,460. The organization consistently reports zero officer compensation, which is a significant indicator of transparency and a focus on mission-related spending rather than executive enrichment. However, the NTEE code Y43 (Voluntary Employees' Beneficiary Associations (VEBAs)) suggests a specific purpose related to employee benefits, which inherently limits the typical 'program spending' analysis applicable to public charities. The relatively low asset base compared to annual revenue, such as $1,007,752 in assets against $12,806,869 in revenue for 2023, suggests that funds are primarily disbursed rather than accumulated, aligning with the nature of a VEBA. The organization's consistent filing history and zero liabilities in recent years (2023, 2022, 2021) further bolster its financial health and transparency.