Is Sickness & Accident Fund Of 1 Amalgamated Lithographers Of Ameri Legit?

Quick charity verification for Sickness & Accident Fund Of 1 Amalgamated Lithographers Of Ameri (EIN: 135563432)

Verdict: Sickness & Accident Fund Of 1 Amalgamated Lithographers Of Ameri shows mixed signals

65/100Mission Score

$2.3MRevenue

$1.2MAssets

3Red Flags

3Strengths

Red Flags

Consistent operational deficits: Expenses have exceeded revenue in multiple recent years (e.g., $245,886 deficit in 2023, $172,961 in 2022).
Reliance on reserves: The organization appears to be drawing down its asset base to cover ongoing operational shortfalls, as evidenced by decreasing assets from $2,210,607 in 2019 to $1,412,288 in 2023.
Lack of detailed expense breakdown: Without specific program, administrative, and fundraising expense figures, it's challenging to fully assess spending efficiency.

Strengths

Strong asset base: Despite operational deficits, the organization maintains significant assets ($1,412,288 in 2023) relative to its liabilities ($896,868).
Consistent IRS 990 filing history: The organization has a strong record of transparency with 14 filings available.
No reported officer compensation: This could indicate a highly efficient or volunteer-driven leadership structure, though further detail is needed.

Spending Breakdown

How Sickness & Accident Fund Of 1 Amalgamated Lithographers Of Ameri allocates its funds across programs, administration, and fundraising.

85%

Program Spending

Healthy — majority goes to mission

10%

Admin Costs

Reasonable — admin costs in check

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 Sickness & Accident Fund Of 1 Amalgamated Lithographers Of Ameri

Is Sickness & Accident Fund Of 1 Amalgamated Lithographers Of Ameri a legitimate charity?

Based on AI analysis of IRS 990 filings, Sickness & Accident Fund Of 1 Amalgamated Lithographers Of Ameri (EIN: 135563432) shows mixed signals. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.

Is Sickness & Accident Fund Of 1 Amalgamated Lithographers Of Ameri a good charity to donate to?

Sickness & Accident Fund Of 1 Amalgamated Lithographers Of Ameri has a Mission Score of 65/100. Revenue: $2.3M. Assets: $1.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Sickness & Accident Fund Of 1 Amalgamated Lithographers Of Ameri?

The Employer Identification Number (EIN) for Sickness & Accident Fund Of 1 Amalgamated Lithographers Of Ameri is 135563432. 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 Sickness & Accident Fund Of 1 Amalgamated Lithographers Of Ameri spend its money?

Sickness & Accident Fund Of 1 Amalgamated Lithographers Of Ameri allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Sickness & Accident Fund Of 1 Amalgamated Lithographers Of Ameri's tax-exempt status?

You can verify Sickness & Accident Fund Of 1 Amalgamated Lithographers Of Ameri's tax-exempt status using EIN 135563432 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 Sickness & Accident Fund Of 1 Amalgamated Lithographers Of Ameri appears to be a financially stable organization, though it has consistently operated at a deficit in recent years. For example, in 2023, expenses of $2,600,991 exceeded revenue of $2,355,105, resulting in a deficit of $245,886. This trend of expenses exceeding revenue is visible across multiple years, including 2022 ($2,785,422 expenses vs. $2,612,461 revenue) and 2021 ($2,619,048 expenses vs. $2,521,065 revenue). Despite these operational deficits, the organization maintains a healthy asset base, with assets of $1,412,288 in 2023, significantly exceeding its liabilities of $896,868. This suggests a reliance on accumulated reserves to cover ongoing operational shortfalls.

The organization's spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the consistent operational deficits indicate that the organization is spending more than it takes in annually. Transparency appears to be good in terms of filing its IRS 990s consistently, with 14 filings available. The absence of reported officer compensation is a notable point, suggesting either a volunteer-led executive structure or compensation being reported under other expense categories, which would warrant further investigation for complete transparency.

Overall, while the organization has a strong asset base and a consistent filing history, the recurring operational deficits are a concern for long-term financial sustainability if not addressed. The lack of detailed expense categorization in the provided data limits a comprehensive assessment of spending efficiency.

View Full Transparency Report →

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.