Is Printing Packaging & Production Workers Union Of North America Legit?

The Printing Packaging & Production Workers Union Of North America demonstrates consistent financial stability with revenues generally exceeding expenses over the past decade. For instance, in 2023, revenue was $1,048,569 against expenses of $981,030, resulting in a surplus. The organization has also shown healthy asset growth, increasing from $721,789 in 2019 to $1,645,852 in 2023, indicating sound financial management and accumulation of reserves. Liabilities have remained very low, often at or near zero, which is a strong indicator of financial health and minimal debt burden. Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide a precise efficiency ratio. However, the consistent surplus and asset growth suggest that the organization is managing its overall expenditures effectively within its revenue streams. The absence of reported officer compensation across all filings indicates a potential for high program spending, assuming other operational costs are managed efficiently. The organization's transparency is good in terms of filing its IRS Form 990s consistently, providing public access to its financial data. Overall, the union appears to be a financially well-managed entity, consistently operating within its means and building its asset base. The lack of officer compensation is a notable positive, suggesting that resources are likely directed towards the union's core activities. Further analysis would require a detailed breakdown of functional expenses to fully assess program efficiency.