Is Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund Legit?

Quick charity verification for Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund (EIN: 133701996)

Verdict: Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund has notable concerns

30/100Mission Score
$144KRevenue
$619KAssets
4Red Flags
2Strengths

Red Flags

Strengths

Spending Breakdown

How Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund allocates its funds across programs, administration, and fundraising.

90%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
0%
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 Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund

Is Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund a legitimate charity?

Based on AI analysis of IRS 990 filings, Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund (EIN: 133701996) has notable concerns. Mission Score: 30/100. 4 red flags identified, 2 strengths noted.

Is Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund a good charity to donate to?

Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund has a Mission Score of 30/100. Revenue: $144K. Assets: $619K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund?

The Employer Identification Number (EIN) for Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund is 133701996. 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 Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund spend its money?

Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund's tax-exempt status?

You can verify Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund's tax-exempt status using EIN 133701996 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 Singer Retires Action Committee Voluntary Emp Bene Assoc Tr Fund appears to be a declining organization based on its financial trends. Over the past decade, its assets have consistently decreased from $8,812,849 in 2011 to $618,808 in 2020. Similarly, annual revenue has plummeted from $1,408,911 to $143,775 in the same period, while expenses have also decreased but at a slower rate, leading to significant net losses each year. For instance, in 2020, the organization reported revenue of $143,775 against expenses of $1,002,176, indicating a substantial deficit. The organization's spending efficiency is difficult to fully assess without a detailed breakdown of expenses beyond total expenses. However, the consistent and large deficits suggest that current operations are not sustainable given the declining revenue. The lack of reported officer compensation across all filings indicates a potential for volunteer leadership or that compensation is structured in a way not captured under 'officer compensation' on the 990, which could be a positive for efficiency if true. Transparency is generally good as 10 years of 990 filings are available, but the NTEE code being 'Unknown' limits understanding of its specific mission. Overall, the financial health of this organization is concerning due to the sustained decline in assets and revenue, coupled with consistent operating deficits. While the absence of officer compensation is notable, the fundamental financial model appears unsustainable without significant changes in revenue generation or expense reduction. The organization is effectively liquidating its assets to cover expenses.

View Full Transparency Report →

Disclaimer

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

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