Is Steel Erection And Ornamental Iron Industry Advancement Fund Legit?
Quick charity verification for Steel Erection And Ornamental Iron Industry Advancement Fund (EIN: 222514310)
Verdict: Steel Erection And Ornamental Iron Industry Advancement Fund shows mixed signals
65/100Mission Score
$259KRevenue
$862KAssets
3Red Flags
3Strengths
Red Flags
Consistent reporting of $0 for program service accomplishments raises questions about the organization's direct charitable impact.
Lack of detailed public information regarding activities and how funds are utilized beyond administrative costs.
The organization's name suggests industry advancement, but the filings do not elaborate on how this is achieved without direct program spending.
Strengths
Consistent revenue generation and asset growth over the past several years, indicating financial stability.
Low administrative expenses relative to total expenses in most years (e.g., $154,108 in expenses against $267,323 in revenue for 2023).
No reported liabilities or debt, suggesting a healthy balance sheet.
AI Transparency Report
Steel Erection And Ornamental Iron Industry Advancement Fund is a unknown nonprofit based in Braintree, Massachusetts, with reported revenue of $259K and assets of $862K. Our AI analysis assigns a Mission Score of 65/100 (Good). Executive compensation is not reported on the available Form 990-EZ filings, suggesting that no officers, directors, trustees, or key employees received more than $100,000 in reportable compensation. Revenue has grown +375% across 13 filing periods.