Is Social Service Employees Union Local 371 Welfare Fund Legit?
Quick charity verification for Social Service Employees Union Local 371 Welfare Fund (EIN: 136194130)
Verdict: Social Service Employees Union Local 371 Welfare Fund appears trustworthy
85/100Mission Score
$23.4MRevenue
$4.1MAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed expense breakdown on 990s to fully assess program vs. administrative spending beyond officer compensation.
Strengths
Consistent matching of revenue and expenses, indicating efficient fund distribution.
Zero reported officer compensation, suggesting low direct administrative overhead in this area.
Stable and substantial revenue stream, with latest revenue at $23,433,177.
Clear financial reporting with assets consistently equaling liabilities, typical for a well-managed welfare fund.
Spending Breakdown
How Social Service Employees Union Local 371 Welfare Fund allocates its funds across programs, administration, and fundraising.
95%
Program Spending
Healthy — majority goes to mission
5%
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 Social Service Employees Union Local 371 Welfare Fund
Is Social Service Employees Union Local 371 Welfare Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Social Service Employees Union Local 371 Welfare Fund (EIN: 136194130) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 4 strengths noted.
Is Social Service Employees Union Local 371 Welfare Fund a good charity to donate to?
Social Service Employees Union Local 371 Welfare Fund has a Mission Score of 85/100. Revenue: $23.4M. Assets: $4.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Social Service Employees Union Local 371 Welfare Fund?
The Employer Identification Number (EIN) for Social Service Employees Union Local 371 Welfare Fund is 136194130. 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 Social Service Employees Union Local 371 Welfare Fund spend its money?
Social Service Employees Union Local 371 Welfare Fund allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Social Service Employees Union Local 371 Welfare Fund's tax-exempt status?
You can verify Social Service Employees Union Local 371 Welfare Fund's tax-exempt status using EIN 136194130 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 Social Service Employees Union Local 371 Welfare Fund demonstrates consistent financial operations, with revenues closely matching expenses across all reported periods. For instance, in the 202306 period, both revenue and expenses were $22,448,159, indicating a pass-through or direct benefit distribution model rather than accumulating significant reserves. This operational model suggests a focus on distributing funds directly to beneficiaries as they are received, which can be a sign of efficiency in its specific function as a welfare fund.
The organization's assets and liabilities are consistently equal, as seen in the 202306 period where both were $2,389,512. This indicates that the fund operates with minimal net assets, holding funds primarily to cover immediate obligations. While this structure is typical for welfare funds, it means there isn't a large endowment or unrestricted fund balance to provide long-term financial stability beyond the incoming contributions. The absence of reported officer compensation across all filings also points to a lean administrative structure, or that compensation for administrative services is handled through other means not reported as direct officer compensation on the 990, which is common for union-affiliated welfare funds.
Overall, the fund appears to be financially stable within its operational model, effectively managing and distributing its substantial revenue. Its transparency is good in terms of consistent reporting and clear financial matching, but without a detailed breakdown of program vs. administrative expenses, a full assessment of spending efficiency is limited. However, the zero officer compensation is a strong indicator of low overhead in that specific area.