Is Sheet Metal Workers Local Union No28 Labor Management Committee And Trust Legit?
Quick charity verification for Sheet Metal Workers Local Union No28 Labor Management Committee And Trust (EIN: 133230745)
Verdict: Sheet Metal Workers Local Union No28 Labor Management Committee And Trust shows mixed signals
65/100Mission Score
$0Revenue
$0Assets
2Red Flags
3Strengths
Red Flags
Sudden and unexplained drop to $0 revenue and assets in the latest filing, contrasting sharply with historical financial activity.
Lack of detailed expense breakdown (program, admin, fundraising) in the provided data, hindering a full efficiency analysis.
Strengths
Consistent near-break-even operations in prior years, indicating effective management of income and expenses.
Decreasing liabilities over the five-year period, from $1,148,907 in 2011 to $213,500 in 2015, suggesting improved financial stability.
No reported officer compensation, potentially indicating high efficiency in leadership costs or a volunteer-led structure.
Spending Breakdown
How Sheet Metal Workers Local Union No28 Labor Management Committee And Trust allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
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 Sheet Metal Workers Local Union No28 Labor Management Committee And Trust
Is Sheet Metal Workers Local Union No28 Labor Management Committee And Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Sheet Metal Workers Local Union No28 Labor Management Committee And Trust (EIN: 133230745) shows mixed signals. Mission Score: 65/100. 2 red flags identified, 3 strengths noted.
Is Sheet Metal Workers Local Union No28 Labor Management Committee And Trust a good charity to donate to?
Sheet Metal Workers Local Union No28 Labor Management Committee And Trust has a Mission Score of 65/100. Revenue: $0. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Sheet Metal Workers Local Union No28 Labor Management Committee And Trust?
The Employer Identification Number (EIN) for Sheet Metal Workers Local Union No28 Labor Management Committee And Trust is 133230745. 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 Sheet Metal Workers Local Union No28 Labor Management Committee And Trust spend its money?
Sheet Metal Workers Local Union No28 Labor Management Committee And Trust allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Sheet Metal Workers Local Union No28 Labor Management Committee And Trust's tax-exempt status?
You can verify Sheet Metal Workers Local Union No28 Labor Management Committee And Trust's tax-exempt status using EIN 133230745 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 Sheet Metal Workers Local Union No28 Labor Management Committee And Trust demonstrates a consistent operational pattern over the five-year period analyzed. While the organization reported $0 in both revenue and assets in its latest filing, this appears to be an anomaly or a change in reporting, as prior years show significant financial activity. For instance, in 2015, it reported revenues of $4,777,508 and expenses of $5,124,016, indicating a slight deficit. The organization generally operates near break-even, with revenues closely matching expenses, as seen in 2014 where revenue was $5,284,313 and expenses were $5,297,879. Its asset base has remained relatively stable, fluctuating between $3.6 million and $4.2 million, suggesting a solid financial foundation despite the recent $0 report. The absence of reported officer compensation across all filings indicates a potential for high spending efficiency in this area, or that compensation is structured differently and not reported under 'Officer Comp'.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses. However, the consistent near-break-even operations suggest that funds are being utilized for their intended purposes, rather than accumulating large surpluses or deficits over the long term. The organization's liabilities have generally decreased over the period, from $1,148,907 in 2011 to $213,500 in 2015, which is a positive indicator of financial management. The sudden drop to $0 in the latest filing for both revenue and assets warrants further investigation to understand the current operational status and financial health, as it significantly deviates from historical trends. Without this clarification, a complete assessment of current financial health and transparency is challenging.