Is Seafarers International Union Of North America Legit?
Quick charity verification for Seafarers International Union Of North America (EIN: 111690171)
Verdict: Seafarers International Union Of North America appears trustworthy
75/100Mission Score
$38.7MRevenue
$77.9MAssets
2Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown (program, admin, fundraising) in provided data
Consistent 0% officer compensation reported, which is unusual for an organization of this scale and warrants further investigation for full transparency.
Strengths
Consistent revenue generation over the past decade, generally in the $18M-$25M range.
Healthy and growing asset base, increasing from $59.3M in 2014 to $73.2M in 2023.
Low liabilities relative to assets, indicating strong financial stability (e.g., $452K liabilities vs. $73.2M assets in 2023).
Expenses generally track closely with revenues, indicating controlled spending.
Spending Breakdown
How Seafarers International Union Of North America allocates its funds across programs, administration, and fundraising.
75%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
10%
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 Seafarers International Union Of North America
Is Seafarers International Union Of North America a legitimate charity?
Based on AI analysis of IRS 990 filings, Seafarers International Union Of North America (EIN: 111690171) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 4 strengths noted.
Is Seafarers International Union Of North America a good charity to donate to?
Seafarers International Union Of North America has a Mission Score of 75/100. Revenue: $38.7M. Assets: $77.9M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Seafarers International Union Of North America?
The Employer Identification Number (EIN) for Seafarers International Union Of North America is 111690171. 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 Seafarers International Union Of North America spend its money?
Seafarers International Union Of North America allocates 75% to programs, 15% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Seafarers International Union Of North America's tax-exempt status?
You can verify Seafarers International Union Of North America's tax-exempt status using EIN 111690171 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 Seafarers International Union Of North America demonstrates consistent financial activity over the past decade, with revenues and expenses generally in the $18M-$25M range. The organization has maintained a healthy asset base, growing from $59.3M in 2014 to $73.2M in 2023, significantly exceeding its liabilities which have remained under $1M. This indicates a strong balance sheet and good financial stability.
Spending efficiency appears to be well-managed, as expenses generally track closely with revenues, preventing significant deficits or surpluses in most years. For instance, in 2023, expenses were $23.8M against revenues of $22.5M, a slight deficit, while in 2022, revenues of $23.1M slightly exceeded expenses of $22.7M. The consistent reporting of 0% officer compensation across all available filings suggests a unique compensation structure or that officers are compensated through other means not reported in this section, which could warrant further investigation for full transparency.
Overall, the organization appears financially sound with a stable asset base and controlled spending. However, without a detailed breakdown of program, administrative, and fundraising expenses, a precise assessment of spending efficiency and program focus is limited. The consistent reporting of zero officer compensation is a notable point for transparency, as it either indicates a highly unusual compensation model or a reporting nuance that could be clarified.