Is The Johnson & Johnson Voluntary Employee Benefit Trust Legit?
Quick charity verification for The Johnson & Johnson Voluntary Employee Benefit Trust (EIN: 136371976)
Verdict: The Johnson & Johnson Voluntary Employee Benefit Trust appears trustworthy
95/100Mission Score
$1.1BRevenue
$63.5MAssets
1Red Flags
5Strengths
Red Flags
NTEE code is unknown, which limits understanding of its specific charitable classification beyond being a benefit trust.
Strengths
Consistently high program spending ratio, with expenses closely matching revenue (e.g., 2023: $1,051,523,611 expenses vs. $1,055,661,335 revenue).
Zero officer compensation reported across all filings, indicating highly efficient use of funds for its stated purpose.
Zero liabilities reported in recent years (2021-2023), demonstrating strong financial health and management of obligations.
Robust revenue exceeding $1 billion in recent years, indicating significant scale and capacity to provide benefits.
Extensive filing history (13 filings) demonstrating consistent transparency and compliance.
Spending Breakdown
How The Johnson & Johnson Voluntary Employee Benefit Trust allocates its funds across programs, administration, and fundraising.
99%
Program Spending
Healthy — majority goes to mission
1%
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 The Johnson & Johnson Voluntary Employee Benefit Trust
Is The Johnson & Johnson Voluntary Employee Benefit Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, The Johnson & Johnson Voluntary Employee Benefit Trust (EIN: 136371976) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.
Is The Johnson & Johnson Voluntary Employee Benefit Trust a good charity to donate to?
The Johnson & Johnson Voluntary Employee Benefit Trust has a Mission Score of 95/100. Revenue: $1.1B. Assets: $63.5M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for The Johnson & Johnson Voluntary Employee Benefit Trust?
The Employer Identification Number (EIN) for The Johnson & Johnson Voluntary Employee Benefit Trust is 136371976. 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 The Johnson & Johnson Voluntary Employee Benefit Trust spend its money?
The Johnson & Johnson Voluntary Employee Benefit Trust allocates 99% to programs, 1% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify The Johnson & Johnson Voluntary Employee Benefit Trust's tax-exempt status?
You can verify The Johnson & Johnson Voluntary Employee Benefit Trust's tax-exempt status using EIN 136371976 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 Johnson & Johnson Voluntary Employee Benefit Trust demonstrates consistent financial activity, managing over a billion dollars in revenue and expenses in recent years. As a voluntary employee benefit trust, its primary function is to administer benefits, which inherently means a significant portion of its expenditures are direct program costs. The organization consistently reports zero liabilities in its most recent filings (2021-2023), indicating a strong balance sheet and sound financial management regarding its obligations. Its assets have fluctuated, reaching a high of $293 million in 2017 before settling around $74 million in 2023.
The trust's spending efficiency appears high given its operational nature. For instance, in 2023, it spent $1,051,523,611 against revenues of $1,055,661,335, indicating that nearly all incoming funds are disbursed for their intended purpose. The consistent reporting of 0% officer compensation across all available filings suggests a lean administrative structure at the executive level, further contributing to its efficiency. Transparency is strong, with 13 filings publicly available and clear reporting of financial metrics.
Overall, the trust appears to be a well-managed entity fulfilling its purpose of administering employee benefits. Its financial health is robust, with substantial revenue and assets, and its spending is highly efficient, directly aligning with its programmatic goals. The absence of liabilities in recent years and zero officer compensation are positive indicators of its financial stewardship and transparency.