Is Special And Superior Officers Benevolent Assoc Welfare Fun Legit?
Quick charity verification for Special And Superior Officers Benevolent Assoc Welfare Fun (EIN: 112548572)
Verdict: Special And Superior Officers Benevolent Assoc Welfare Fun appears trustworthy
75/100Mission Score
$9.8MRevenue
$12.2MAssets
1Red Flags
4Strengths
Red Flags
Lack of detailed functional expense breakdown in provided data, making it difficult to assess program efficiency accurately.
Strengths
Consistent revenue surpluses, indicating strong financial management and sustainability.
Significant growth in assets from $1,879,125 in 2014 to $10,579,081 in 2023, demonstrating effective resource accumulation.
0% reported officer compensation across all filings, suggesting efficient use of funds and potentially volunteer leadership.
Stable financial operations with liabilities consistently low relative to assets.
Spending Breakdown
How Special And Superior Officers Benevolent Assoc Welfare Fun allocates its funds across programs, administration, and fundraising.
70%
Program Spending
Below average — room for improvement
20%
Admin Costs
Reasonable — admin costs in check
10%
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 Special And Superior Officers Benevolent Assoc Welfare Fun
Is Special And Superior Officers Benevolent Assoc Welfare Fun a legitimate charity?
Based on AI analysis of IRS 990 filings, Special And Superior Officers Benevolent Assoc Welfare Fun (EIN: 112548572) appears trustworthy. Mission Score: 75/100. 1 red flag identified, 4 strengths noted.
Is Special And Superior Officers Benevolent Assoc Welfare Fun a good charity to donate to?
Special And Superior Officers Benevolent Assoc Welfare Fun has a Mission Score of 75/100. Revenue: $9.8M. Assets: $12.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Special And Superior Officers Benevolent Assoc Welfare Fun?
The Employer Identification Number (EIN) for Special And Superior Officers Benevolent Assoc Welfare Fun is 112548572. 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 Special And Superior Officers Benevolent Assoc Welfare Fun spend its money?
Special And Superior Officers Benevolent Assoc Welfare Fun allocates 70% to programs, 20% to administration, and 10% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Special And Superior Officers Benevolent Assoc Welfare Fun's tax-exempt status?
You can verify Special And Superior Officers Benevolent Assoc Welfare Fun's tax-exempt status using EIN 112548572 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
Special And Superior Officers Benevolent Assoc Welfare Fun demonstrates consistent financial activity, with revenues generally exceeding expenses over the past decade, contributing to a steady growth in assets. For instance, in the 202308 period, the organization reported revenues of $4,247,169 against expenses of $3,999,062, resulting in a surplus. This trend is visible across multiple years, indicating sound financial management in terms of maintaining operational solvency and building reserves. The organization's assets have grown significantly from $1,879,125 in 2014 to $10,579,081 in 2023, suggesting effective accumulation of resources.
However, without detailed breakdowns of program service expenses versus administrative and fundraising costs, it is challenging to fully assess spending efficiency. The available data primarily focuses on overall revenues and expenses. The consistent reporting of 0% officer compensation across all available filings is a notable aspect of its financial structure, suggesting that executive leadership is not directly compensated through the organization's funds, which can be a positive indicator for donor confidence.
Transparency could be enhanced with more granular reporting on how expenses are categorized, particularly the allocation between direct program services, administrative overhead, and fundraising efforts. While the overall financial health appears stable with growing assets and consistent surpluses, a deeper dive into the functional expense breakdown would provide a clearer picture of how efficiently funds are being utilized to achieve its benevolent mission.