Is Seiu District 1199 P Training & Education Fund Legit?
Quick charity verification for Seiu District 1199 P Training & Education Fund (EIN: 16254546)
Verdict: Seiu District 1199 P Training & Education Fund appears trustworthy
92/100Mission Score
$1.9MRevenue
$2.1MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
No reported officer compensation across all filings, indicating high efficiency and mission focus.
Consistent growth in net assets, from $345,258 in 2019 to $1,513,814 in 2023.
Positive operational surpluses in recent years (e.g., $653,237 in 2023, $278,548 in 2022), demonstrating strong financial management.
Low and stable liabilities relative to assets, suggesting minimal financial risk.
Stable revenue streams over the past decade, indicating consistent support for its operations.
Spending Breakdown
How Seiu District 1199 P Training & Education Fund 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 Seiu District 1199 P Training & Education Fund
Is Seiu District 1199 P Training & Education Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Seiu District 1199 P Training & Education Fund (EIN: 16254546) appears trustworthy. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
Is Seiu District 1199 P Training & Education Fund a good charity to donate to?
Seiu District 1199 P Training & Education Fund has a Mission Score of 92/100. Revenue: $1.9M. Assets: $2.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Seiu District 1199 P Training & Education Fund?
The Employer Identification Number (EIN) for Seiu District 1199 P Training & Education Fund is 16254546. 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 Seiu District 1199 P Training & Education Fund spend its money?
Seiu District 1199 P Training & Education Fund allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Seiu District 1199 P Training & Education Fund's tax-exempt status?
You can verify Seiu District 1199 P Training & Education Fund's tax-exempt status using EIN 16254546 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
SEIU District 1199 P Training & Education Fund demonstrates a generally stable financial position with consistent revenue streams over the past decade, averaging around $1.4 million annually. The organization has shown a positive trend in net assets, growing from $345,258 in 2019 to $1,513,814 in 2023, indicating effective management of resources and accumulation of reserves. Liabilities have remained relatively low and stable, suggesting good financial control and minimal debt burden.
Spending efficiency appears strong, particularly in the most recent filing period (202312), where expenses were $1,157,170 against revenues of $1,810,407, resulting in a significant surplus. While specific program spending percentages are not detailed in the provided data, the consistent operational surpluses in recent years suggest that the organization is effectively managing its costs relative to its income. The absence of reported officer compensation across all filings indicates a high degree of transparency and a commitment to directing funds towards the organization's mission rather than executive salaries.
Overall, the organization exhibits sound financial health, with growing assets and controlled liabilities. The consistent lack of reported officer compensation is a notable strength in terms of transparency and resource allocation. The positive revenue trends and operational surpluses in recent years further reinforce a picture of a well-managed and financially stable nonprofit.