Is Suffolk County Municipal Employees Benefit Fund Legit?
Quick charity verification for Suffolk County Municipal Employees Benefit Fund (EIN: 112365204)
Verdict: Suffolk County Municipal Employees Benefit Fund appears trustworthy
90/100Mission Score
$41.4MRevenue
$27.2MAssets
1Red Flags
4Strengths
Red Flags
Discrepancy between 'Latest Revenue' and detailed annual filing revenues requires clarification.
Strengths
Consistent reporting of 0% officer compensation, indicating high efficiency in directing funds to mission.
Stable asset base, growing from $26.1 million in 2013 to $32.0 million in 2022.
Expenses generally align with revenue, suggesting responsible financial management.
Low liabilities relative to assets, indicating financial stability.
Spending Breakdown
How Suffolk County Municipal Employees Benefit 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 Suffolk County Municipal Employees Benefit Fund
Is Suffolk County Municipal Employees Benefit Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Suffolk County Municipal Employees Benefit Fund (EIN: 112365204) appears trustworthy. Mission Score: 90/100. 1 red flag identified, 4 strengths noted.
Is Suffolk County Municipal Employees Benefit Fund a good charity to donate to?
Suffolk County Municipal Employees Benefit Fund has a Mission Score of 90/100. Revenue: $41.4M. Assets: $27.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Suffolk County Municipal Employees Benefit Fund?
The Employer Identification Number (EIN) for Suffolk County Municipal Employees Benefit Fund is 112365204. 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 Suffolk County Municipal Employees Benefit Fund spend its money?
Suffolk County Municipal Employees Benefit Fund allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Suffolk County Municipal Employees Benefit Fund's tax-exempt status?
You can verify Suffolk County Municipal Employees Benefit Fund's tax-exempt status using EIN 112365204 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 Suffolk County Municipal Employees Benefit Fund demonstrates consistent financial activity, primarily focused on providing benefits to its members. Over the past decade, its revenue has generally hovered around $13-15 million annually, with a notable increase to $41,389,548 in the latest reported period, though this figure is not consistently reflected in the detailed annual filings provided. Expenses have largely tracked revenue, indicating that the organization is spending what it receives to fulfill its purpose. The fund's assets have shown growth over the years, reaching $36,557,541 in 2021 before a slight decrease to $32,031,681 in 2022, suggesting a stable financial base. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards its beneficiaries rather than executive salaries, which is a positive sign for transparency and efficiency.