Is Security Benefit Fund Of The Uniformed Firemens Association Loc Legit?
Quick charity verification for Security Benefit Fund Of The Uniformed Firemens Association Loc (EIN: 132505742)
Verdict: Security Benefit Fund Of The Uniformed Firemens Association Loc appears trustworthy
85/100Mission Score
$74.1MRevenue
$88.8MAssets
2Red Flags
3Strengths
Red Flags
Significant deficit in the latest fiscal period (202306) where expenses ($13.3M) substantially exceeded revenue ($8.5M).
Sudden and sustained increase in liabilities from under $500K in 202106 to over $12M in 202206 and 202306, requiring clarification.
Strengths
Consistent growth in assets over the past decade, from $47M in 2014 to $84M in 2023, indicating financial stability.
Reported 0% officer compensation across all filings, suggesting efficient use of funds for direct mission or volunteer leadership.
Stable expense levels over many years, indicating predictable operational costs for benefit delivery.
Spending Breakdown
How Security Benefit Fund Of The Uniformed Firemens Association Loc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Security Benefit Fund Of The Uniformed Firemens Association Loc
Is Security Benefit Fund Of The Uniformed Firemens Association Loc a legitimate charity?
Based on AI analysis of IRS 990 filings, Security Benefit Fund Of The Uniformed Firemens Association Loc (EIN: 132505742) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 3 strengths noted.
Is Security Benefit Fund Of The Uniformed Firemens Association Loc a good charity to donate to?
Security Benefit Fund Of The Uniformed Firemens Association Loc has a Mission Score of 85/100. Revenue: $74.1M. Assets: $88.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Security Benefit Fund Of The Uniformed Firemens Association Loc?
The Employer Identification Number (EIN) for Security Benefit Fund Of The Uniformed Firemens Association Loc is 132505742. 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 Security Benefit Fund Of The Uniformed Firemens Association Loc spend its money?
Security Benefit Fund Of The Uniformed Firemens Association Loc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Security Benefit Fund Of The Uniformed Firemens Association Loc's tax-exempt status?
You can verify Security Benefit Fund Of The Uniformed Firemens Association Loc's tax-exempt status using EIN 132505742 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 Security Benefit Fund Of The Uniformed Firemens Association Loc demonstrates a consistent pattern of financial activity, primarily focused on providing benefits. Over the past decade, the organization has maintained a stable asset base, growing from $47 million in 2014 to $84 million in 2023, indicating sound financial management. While revenue has fluctuated, expenses have remained relatively consistent, suggesting predictable operational costs. The most recent filing (202306) shows expenses exceeding revenue by a significant margin ($13.3M vs $8.5M), which could warrant further investigation into the cause of this deficit, though it might be offset by investment income or prior year surpluses given the overall asset growth. The consistent reporting of 0% officer compensation across all filings suggests a volunteer leadership structure or that compensation is handled through a related entity, which enhances transparency regarding direct executive pay within this specific filing.