Quick charity verification for Service Fitters Industry Ed Fund (EIN: 112892696)
Verdict: Service Fitters Industry Ed Fund appears trustworthy
70/100Mission Score
$2.3MRevenue
$6.8MAssets
3Red Flags
3Strengths
Red Flags
Consistent operating deficits (e.g., $247,428 deficit in 2023, $327,000 deficit in 2022).
Significant increase in liabilities in 2023 to $1,831,728 from $34,924 in 2022.
No reported officer compensation despite over $2 million in annual expenses.
Strengths
Strong and growing asset base, increasing from $4.49 million in 2014 to $7.33 million in 2023.
Consistent revenue generation over $2 million annually.
Low administrative overhead due to no reported officer compensation.
Spending Breakdown
How Service Fitters Industry Ed Fund allocates its funds across programs, administration, and fundraising.
80%
Program Spending
Healthy — majority goes to mission
15%
Admin Costs
Reasonable — admin costs in check
5%
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 Service Fitters Industry Ed Fund
Is Service Fitters Industry Ed Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Service Fitters Industry Ed Fund (EIN: 112892696) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Service Fitters Industry Ed Fund a good charity to donate to?
Service Fitters Industry Ed Fund has a Mission Score of 70/100. Revenue: $2.3M. Assets: $6.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Service Fitters Industry Ed Fund?
The Employer Identification Number (EIN) for Service Fitters Industry Ed Fund is 112892696. 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 Service Fitters Industry Ed Fund spend its money?
Service Fitters Industry Ed Fund allocates 80% to programs, 15% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Service Fitters Industry Ed Fund's tax-exempt status?
You can verify Service Fitters Industry Ed Fund's tax-exempt status using EIN 112892696 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
Service Fitters Industry Ed Fund demonstrates consistent financial activity, with revenues and expenses generally in the range of $2-2.5 million over the past several years. The organization has maintained a healthy asset base, growing from $4.49 million in 2014 to $7.33 million in 2023, indicating good financial stewardship. However, the organization has consistently spent more than its revenue in recent years, with expenses exceeding revenue by approximately $247,428 in 2023 and $327,000 in 2022. This trend of operating deficits, while potentially covered by reserves, warrants closer examination to ensure long-term sustainability. The absence of reported officer compensation is a notable aspect of its financial structure, suggesting a volunteer-led or externally compensated leadership model, which can contribute to lower administrative costs.