Is Spfpa And Participating Employershealth And Welfare Trust Fund Legit?
Quick charity verification for Spfpa And Participating Employershealth And Welfare Trust Fund (EIN: 208987948)
Verdict: Spfpa And Participating Employershealth And Welfare Trust Fund appears trustworthy
85/100Mission Score
$41.0MRevenue
$14.8MAssets
2Red Flags
4Strengths
Red Flags
Periods where expenses significantly exceeded revenue, potentially drawing down reserves (e.g., 2021, 2020)
Fluctuating asset base, with a notable drop from $30,426,455 in 2017 to $7,263,411 in 2021.
Strengths
Consistent 0% officer compensation, indicating high financial integrity and mission focus.
Long operational history with substantial revenue and expenses, suggesting stability and impact.
High program spending ratio, typical for a health and welfare trust.
Significant revenue generation, with latest reported revenue at $52,095,286.
Spending Breakdown
How Spfpa And Participating Employershealth And Welfare Trust 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 Spfpa And Participating Employershealth And Welfare Trust Fund
Is Spfpa And Participating Employershealth And Welfare Trust Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Spfpa And Participating Employershealth And Welfare Trust Fund (EIN: 208987948) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Spfpa And Participating Employershealth And Welfare Trust Fund a good charity to donate to?
Spfpa And Participating Employershealth And Welfare Trust Fund has a Mission Score of 85/100. Revenue: $41.0M. Assets: $14.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Spfpa And Participating Employershealth And Welfare Trust Fund?
The Employer Identification Number (EIN) for Spfpa And Participating Employershealth And Welfare Trust Fund is 208987948. 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 Spfpa And Participating Employershealth And Welfare Trust Fund spend its money?
Spfpa And Participating Employershealth And Welfare Trust Fund allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Spfpa And Participating Employershealth And Welfare Trust Fund's tax-exempt status?
You can verify Spfpa And Participating Employershealth And Welfare Trust Fund's tax-exempt status using EIN 208987948 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 Spfpa And Participating Employershealth And Welfare Trust Fund appears to be a well-established organization with a consistent history of high revenue and expenses, indicative of its role as a health and welfare trust. Over the past decade, its revenue has fluctuated, peaking at $66,519,849 in 2014 and most recently reporting $52,095,286 in 2023. The organization consistently reports 0% officer compensation, which is a strong indicator of financial transparency and a focus on its primary mission rather than executive enrichment. However, the organization has experienced periods where expenses exceeded revenue, such as in 2021 ($51,208,819 expenses vs. $44,743,283 revenue) and 2020 ($67,037,171 expenses vs. $59,724,670 revenue), which could suggest reliance on reserves or other funding mechanisms during those times. The asset base has also shown variability, from a high of $30,426,455 in 2017 to a low of $7,263,411 in 2021, suggesting active management of its financial resources to meet its obligations.