Is Three Village Teachers Association Welfare Trust Fund Legit?
Quick charity verification for Three Village Teachers Association Welfare Trust Fund (EIN: 113451017)
Verdict: Three Village Teachers Association Welfare Trust Fund appears trustworthy
90/100Mission Score
$2.5MRevenue
$4.4MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent financial surpluses, such as the $789,328 surplus in 202306 ($2,591,238 revenue - $1,801,910 expenses).
Zero reported liabilities across all 13 filing periods, indicating strong financial health and no debt.
No reported officer compensation, suggesting extremely low administrative overhead and high efficiency.
Growing asset base, reaching $2,744,447 in 202306, demonstrating financial stability and capacity.
Consistent IRS 990 filing history over 13 periods, indicating strong transparency and compliance.
Spending Breakdown
How Three Village Teachers Association Welfare Trust 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 Three Village Teachers Association Welfare Trust Fund
Is Three Village Teachers Association Welfare Trust Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Three Village Teachers Association Welfare Trust Fund (EIN: 113451017) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Three Village Teachers Association Welfare Trust Fund a good charity to donate to?
Three Village Teachers Association Welfare Trust Fund has a Mission Score of 90/100. Revenue: $2.5M. Assets: $4.4M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Three Village Teachers Association Welfare Trust Fund?
The Employer Identification Number (EIN) for Three Village Teachers Association Welfare Trust Fund is 113451017. 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 Three Village Teachers Association Welfare Trust Fund spend its money?
Three Village Teachers Association Welfare Trust Fund allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Three Village Teachers Association Welfare Trust Fund's tax-exempt status?
You can verify Three Village Teachers Association Welfare Trust Fund's tax-exempt status using EIN 113451017 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 Three Village Teachers Association Welfare Trust Fund demonstrates a stable financial position with consistent revenue streams and a healthy asset base. In the latest filing period (202306), the organization reported revenue of $2,591,238 against expenses of $1,801,910, resulting in a significant surplus. This trend of generating surpluses, as seen in 202306 and 202006, contributes to its growing assets, which reached $2,744,447 in 202306. The organization consistently reports zero liabilities, indicating strong financial management and no reliance on debt.
Spending efficiency appears high, as the primary function of a welfare trust fund is to provide benefits, which are typically categorized as program expenses. The absence of reported officer compensation across all filings suggests that administrative costs related to executive salaries are non-existent, further enhancing efficiency. The organization's NTEE code Y43 (Employee or Member Welfare Benefit Funds) aligns with its name and likely operational focus.
Transparency is strong given the consistent filing of IRS Form 990s over 13 periods and the clear reporting of zero liabilities and officer compensation. The consistent financial reporting, including detailed revenue, expense, and asset figures, provides a clear picture of its financial activities. The lack of officer compensation also indicates a volunteer-led or very lean administrative structure, which is a positive sign for donor confidence.