Quick charity verification for Smart Local 137 Insurance Fund (EIN: 135520944)
Verdict: Smart Local 137 Insurance Fund appears trustworthy
85/100Mission Score
$7.5MRevenue
$16.5MAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent financial stability with robust assets ($16,455,111 latest).
Zero reported officer compensation across all filings, indicating high efficiency in executive pay.
Revenues generally cover expenses, as demonstrated by the 202312 period where revenue exceeded expenses.
Low liabilities relative to assets, indicating strong financial health.
AI Transparency Report
Smart Local 137 Insurance Fund demonstrates consistent financial activity, with revenues and expenses generally in the range of $5.3 million to $7.7 million over the past decade. The organization's assets have remained robust, consistently above $14 million, reaching $16,455,111 in the latest period, indicating a stable financial foundation. While specific program spending details are not provided in the summary data, the nature of an 'Insurance Fund' suggests that the majority of expenses would directly relate to member benefits, which aligns with program delivery. The organization consistently reports 0% officer compensation, which is a significant positive indicator for financial efficiency and transparency regarding executive pay.