Is Tag And Label Manufacturers Institute Inc Legit?
Quick charity verification for Tag And Label Manufacturers Institute Inc (EIN: 135672236)
Verdict: Tag And Label Manufacturers Institute Inc appears trustworthy
85/100Mission Score
$3.6MRevenue
$6.2MAssets
1Red Flags
3Strengths
Red Flags
0% officer compensation reported, which is unusual for an organization of this size and may indicate compensation is hidden in other expense categories.
Strengths
Consistent revenue generation and positive net income in most years.
Steady growth in assets, from $4.97 million in 2015 to $5.51 million in 2023.
Strong financial stability with liabilities consistently well below assets.
Spending Breakdown
How Tag And Label Manufacturers Institute Inc allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Tag And Label Manufacturers Institute Inc
Is Tag And Label Manufacturers Institute Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Tag And Label Manufacturers Institute Inc (EIN: 135672236) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 3 strengths noted.
Is Tag And Label Manufacturers Institute Inc a good charity to donate to?
Tag And Label Manufacturers Institute Inc has a Mission Score of 85/100. Revenue: $3.6M. Assets: $6.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Tag And Label Manufacturers Institute Inc?
The Employer Identification Number (EIN) for Tag And Label Manufacturers Institute Inc is 135672236. 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 Tag And Label Manufacturers Institute Inc spend its money?
Tag And Label Manufacturers Institute Inc allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Tag And Label Manufacturers Institute Inc's tax-exempt status?
You can verify Tag And Label Manufacturers Institute Inc's tax-exempt status using EIN 135672236 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 Tag And Label Manufacturers Institute Inc (TLMI) demonstrates consistent financial stability, with assets steadily growing from $4.97 million in 2015 to $5.51 million in 2023. The organization consistently manages its expenses below its revenue, as seen in 2023 where revenue was $2,771,280 against expenses of $2,639,735, indicating sound financial management and a surplus. While specific program spending ratios are not detailed in the provided data, the consistent positive net income suggests efficient operations. The organization's transparency is commendable given the 0% officer compensation reported across all available filings, which indicates either a volunteer-led executive team or compensation is categorized differently, warranting further investigation for a complete picture of operational costs. Overall, TLMI appears to be a well-managed organization with a healthy financial outlook.