Is Plumbers Local Union No 1 Trade & Education Fund Legit?

Quick charity verification for Plumbers Local Union No 1 Trade & Education Fund (EIN: 111805197)

Verdict: Plumbers Local Union No 1 Trade & Education Fund appears trustworthy

85/100Mission Score
$6.8MRevenue
$17.0MAssets
0Red Flags
5Strengths

No red flags identified.

Strengths

Spending Breakdown

How Plumbers Local Union No 1 Trade & Education Fund 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 Plumbers Local Union No 1 Trade & Education Fund

Is Plumbers Local Union No 1 Trade & Education Fund a legitimate charity?

Based on AI analysis of IRS 990 filings, Plumbers Local Union No 1 Trade & Education Fund (EIN: 111805197) appears trustworthy. Mission Score: 85/100. 0 red flags identified, 5 strengths noted.

Is Plumbers Local Union No 1 Trade & Education Fund a good charity to donate to?

Plumbers Local Union No 1 Trade & Education Fund has a Mission Score of 85/100. Revenue: $6.8M. Assets: $17.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Plumbers Local Union No 1 Trade & Education Fund?

The Employer Identification Number (EIN) for Plumbers Local Union No 1 Trade & Education Fund is 111805197. 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 Local Union No 1 Trade & Education Fund spend its money?

Plumbers Local Union No 1 Trade & Education Fund allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Plumbers Local Union No 1 Trade & Education Fund's tax-exempt status?

You can verify Plumbers Local Union No 1 Trade & Education Fund's tax-exempt status using EIN 111805197 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

Plumbers Local Union No 1 Trade & Education Fund demonstrates consistent financial activity, with revenues generally exceeding expenses in recent years, contributing to a healthy growth in assets. For instance, in 2023, revenue was $5,744,634 against expenses of $4,930,681, resulting in a surplus. The organization's assets have shown significant growth, increasing from $9,535,611 in 2019 to $18,039,299 in 2023, indicating sound financial management and accumulation of resources. Liabilities have fluctuated but remain manageable relative to assets, suggesting good financial stability. The organization's primary function, as indicated by its NTEE code (J40Z - Labor Unions and Auxiliaries), is likely focused on trade education and support for plumbers. Without detailed expense breakdowns, it's challenging to precisely assess spending efficiency across programs, administration, and fundraising. However, the consistent operational surpluses suggest that the organization is effectively managing its resources to support its mission. The absence of reported officer compensation further enhances its transparency and indicates that leadership is not drawing salaries from the organization's funds, which is a positive sign for donor confidence. Overall, the financial data points to a well-managed and financially stable organization. The growth in assets and consistent revenue generation, coupled with no reported officer compensation, suggests a strong commitment to its stated purpose. Further transparency regarding detailed program spending would provide an even clearer picture of its impact and efficiency.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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