Is Seafarers International Union Of North…

Quick charity verification for Seafarers International Union Of North America (EIN: 111975660)

Spending Breakdown

How Seafarers International Union Of North America allocates its funds across programs, administration, and fundraising.

70%

Program Spending

Below average — room for improvement

20%

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: 111975660) shows mixed signals. Mission Score: 65/100. 3 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 65/100. Revenue: $1.6M. Assets: $2.4M. 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 111975660. 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 70% to programs, 20% 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 111975660 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 operations, with revenues generally exceeding expenses over the past decade, leading to a steady increase in assets. For instance, in 2022, revenue was $1,509,625 against expenses of $1,231,978, contributing to an asset base of $1,848,047. The organization's liabilities have shown a positive trend, decreasing significantly from $907,157 in 2017 to $133,499 in 2022, indicating improved financial stability and reduced debt burden. This consistent management of finances suggests a stable operational environment.

However, without detailed breakdowns of program, administrative, and fundraising expenses, it's challenging to fully assess spending efficiency. The provided data indicates 'Officer Comp=0%' across all filings, which, while seemingly positive for compensation control, could also suggest that compensation is reported under other expense categories or that officers are compensated through related entities, warranting further investigation for complete transparency. The lack of an NTEE code also hinders a direct comparison to peer organizations and a clear understanding of its primary charitable purpose.

Overall, the organization appears financially sound with growing assets and decreasing liabilities. The consistent revenue streams and controlled expenses point to responsible financial stewardship. However, the absence of detailed expense categorization and the '0%' officer compensation reporting limit a comprehensive assessment of its spending efficiency and full transparency practices.

Is Seafarers International Union Of North America Legit?

Verdict: Seafarers International Union Of North America shows mixed signals

Red Flags

Strengths