Is Plumbers And Pipefitters Local Union No 421 Vacation Fund Legit?
Quick charity verification for Plumbers And Pipefitters Local Union No 421 Vacation Fund (EIN: 113834795)
Verdict: Plumbers And Pipefitters Local Union No 421 Vacation Fund appears trustworthy
95/100Mission Score
$2.7MRevenue
$2.6MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
100% program spending (direct member benefits) based on revenue matching expenses.
Zero officer compensation reported in both available filings.
Consistent financial operation as a pass-through fund for member benefits.
Assets ($2,643,197 latest) appear to be well-managed relative to liabilities ($1,193,052 in 2023).
Spending Breakdown
How Plumbers And Pipefitters Local Union No 421 Vacation Fund 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 Plumbers And Pipefitters Local Union No 421 Vacation Fund
Is Plumbers And Pipefitters Local Union No 421 Vacation Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Plumbers And Pipefitters Local Union No 421 Vacation Fund (EIN: 113834795) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 4 strengths noted.
Is Plumbers And Pipefitters Local Union No 421 Vacation Fund a good charity to donate to?
Plumbers And Pipefitters Local Union No 421 Vacation Fund has a Mission Score of 95/100. Revenue: $2.7M. Assets: $2.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Plumbers And Pipefitters Local Union No 421 Vacation Fund?
The Employer Identification Number (EIN) for Plumbers And Pipefitters Local Union No 421 Vacation Fund is 113834795. 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 Plumbers And Pipefitters Local Union No 421 Vacation Fund spend its money?
Plumbers And Pipefitters Local Union No 421 Vacation Fund allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Plumbers And Pipefitters Local Union No 421 Vacation Fund's tax-exempt status?
You can verify Plumbers And Pipefitters Local Union No 421 Vacation Fund's tax-exempt status using EIN 113834795 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 Plumbers And Pipefitters Local Union No 421 Vacation Fund appears to be a pass-through entity designed to manage vacation funds for its members, as indicated by its NTEE code Y43 (Labor Unions and Auxiliaries) and the fact that its expenses consistently match its revenue in both reported periods ($1,191,090 revenue vs. $1,191,090 expenses in 2023; $1,293,053 revenue vs. $1,293,053 expenses in 2022). This suggests that nearly all incoming funds are disbursed to members as intended, rather than being retained or spent on administrative overhead. The organization's assets ($2,643,197 latest) are closely aligned with its liabilities ($1,193,052 in 2023 and $1,270,364 in 2022), which is typical for a fund holding member assets. The consistent zero officer compensation further reinforces its operational model as a direct benefit fund.