Is Teamsters Local 210 Affliated Health And Insurance Fund Legit?
Quick charity verification for Teamsters Local 210 Affliated Health And Insurance Fund (EIN: 205003549)
Verdict: Teamsters Local 210 Affliated Health And Insurance Fund appears trustworthy
90/100Mission Score
$70.6MRevenue
$22.0MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent financial stability with revenues generally exceeding expenses (e.g., $60,139,348 revenue vs. $55,072,742 expenses in 2023).
Strong asset growth over the past decade, from $10,978,099 in 2014 to $22,345,277 in 2023.
Zero reported liabilities in most recent filings, indicating a very strong balance sheet.
No reported officer compensation, suggesting highly efficient operations or volunteer leadership.
Consistent IRS 990 filing history (13 filings), demonstrating good transparency.
Spending Breakdown
How Teamsters Local 210 Affliated Health And Insurance 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 Teamsters Local 210 Affliated Health And Insurance Fund
Is Teamsters Local 210 Affliated Health And Insurance Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Teamsters Local 210 Affliated Health And Insurance Fund (EIN: 205003549) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Teamsters Local 210 Affliated Health And Insurance Fund a good charity to donate to?
Teamsters Local 210 Affliated Health And Insurance Fund has a Mission Score of 90/100. Revenue: $70.6M. Assets: $22.0M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Teamsters Local 210 Affliated Health And Insurance Fund?
The Employer Identification Number (EIN) for Teamsters Local 210 Affliated Health And Insurance Fund is 205003549. 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 Teamsters Local 210 Affliated Health And Insurance Fund spend its money?
Teamsters Local 210 Affliated Health And Insurance Fund allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Teamsters Local 210 Affliated Health And Insurance Fund's tax-exempt status?
You can verify Teamsters Local 210 Affliated Health And Insurance Fund's tax-exempt status using EIN 205003549 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
Teamsters Local 210 Affiliated Health And Insurance Fund demonstrates consistent financial activity, with revenues generally exceeding or closely matching expenses over the past decade. For instance, in 2023, the organization reported revenues of $60,139,348 against expenses of $55,072,742, indicating a healthy surplus. The organization's assets have shown growth, reaching $22,345,277 in 2023, up from $10,978,099 in 2014, suggesting sound financial management and accumulation of reserves. The consistent reporting of zero liabilities in most recent filings further underscores a strong balance sheet.
Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide a precise assessment. However, as a health and insurance fund, the vast majority of its expenses are inherently programmatic, directly benefiting its members. The absence of reported officer compensation in all available filings suggests a highly efficient operational structure, potentially relying on volunteer leadership or compensation being covered by an affiliated entity, which would contribute to a high program spending ratio.
Transparency appears to be strong given the consistent filing of IRS Form 990s over 13 periods. The consistent reporting of zero officer compensation is a notable point for transparency, indicating either a volunteer board or that compensation is handled by an affiliated entity, which would require further investigation for complete clarity. Overall, the fund appears to be financially stable and focused on its core mission of providing health and insurance benefits.