Quick charity verification for Plumbing Industry Board Of Plumbers (EIN: 111538293)
Verdict: Plumbing Industry Board Of Plumbers appears trustworthy
88/100Mission Score
$145.0MRevenue
$350.6MAssets
2Red Flags
5Strengths
Red Flags
Lack of detailed breakdown for program, administrative, and fundraising expenses in provided data, making precise efficiency analysis difficult.
Unclear how executive leadership is compensated if 'Officer Comp' is consistently zero, potentially obscuring true administrative costs.
Strengths
Consistent generation of significant financial surpluses, indicating strong financial health (e.g., $13,651,064 surplus in 2023).
Substantial and consistent growth in assets over time, from $92 million in 2014 to over $324 million in 2023.
Very low liabilities relative to assets, demonstrating a healthy balance sheet.
Zero reported officer compensation across all filings, suggesting highly efficient use of funds regarding direct executive salaries.
Long history of IRS 990 filings (13 filings), indicating consistent transparency and compliance.
Spending Breakdown
How Plumbing Industry Board Of Plumbers allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Plumbing Industry Board Of Plumbers
Is Plumbing Industry Board Of Plumbers a legitimate charity?
Based on AI analysis of IRS 990 filings, Plumbing Industry Board Of Plumbers (EIN: 111538293) appears trustworthy. Mission Score: 88/100. 2 red flags identified, 5 strengths noted.
Is Plumbing Industry Board Of Plumbers a good charity to donate to?
Plumbing Industry Board Of Plumbers has a Mission Score of 88/100. Revenue: $145.0M. Assets: $350.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Plumbing Industry Board Of Plumbers?
The Employer Identification Number (EIN) for Plumbing Industry Board Of Plumbers is 111538293. 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 Plumbing Industry Board Of Plumbers spend its money?
Plumbing Industry Board Of Plumbers allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Plumbing Industry Board Of Plumbers's tax-exempt status?
You can verify Plumbing Industry Board Of Plumbers's tax-exempt status using EIN 111538293 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 Plumbing Industry Board Of Plumbers demonstrates robust financial health, consistently generating substantial revenue and accumulating significant assets. In 2023, the organization reported revenues of $100,683,903 against expenses of $87,032,839, resulting in a surplus that contributes to its growing asset base, which stood at $324,290,015. This trend of revenue exceeding expenses has been consistent over the past several years, indicating strong financial management and sustainability. The organization's liabilities are relatively low compared to its assets, suggesting a healthy balance sheet.
Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment is challenging. However, the consistent surplus generation suggests that the organization is managing its overall expenses effectively relative to its income. The absence of reported officer compensation across all filings indicates a potential strength in resource allocation, as no funds are directly allocated to executive salaries from the reported officer compensation line item. This could imply that executive functions are either volunteer-based or compensated through other expense categories not explicitly detailed as 'Officer Comp'.
Transparency is generally good given the availability of 13 years of IRS 990 filings. The consistent reporting of zero officer compensation is a notable point for transparency, though it would be beneficial to understand how leadership is compensated if not through this line item. The organization's consistent growth in assets, from $92,172,695 in 2014 to $324,290,015 in 2023, reflects effective financial stewardship and a strong capacity to build reserves.