Consistent operating deficits in recent years (e.g., $208,441 in 2017), which could indicate reliance on prior reserves or other funding sources not immediately apparent.
Lack of detailed program expense breakdown in the provided data makes it difficult to fully assess spending efficiency.
Strengths
No reported officer compensation across all filings, indicating a potentially very lean administrative structure.
Operates as a benefits trust, suggesting direct distribution of funds to beneficiaries.
Consistent filing of IRS 990 forms, demonstrating compliance and transparency in reporting.
Spending Breakdown
How Total Risk Management Inc Voluntary Employee Benefits Tr allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
10%
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 Total Risk Management Inc Voluntary Employee Benefits Tr
Is Total Risk Management Inc Voluntary Employee Benefits Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Total Risk Management Inc Voluntary Employee Benefits Tr (EIN: 204462361) appears trustworthy. Mission Score: 70/100. 2 red flags identified, 3 strengths noted.
Is Total Risk Management Inc Voluntary Employee Benefits Tr a good charity to donate to?
Total Risk Management Inc Voluntary Employee Benefits Tr has a Mission Score of 70/100. Revenue: $1.6M. Assets: $0. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Total Risk Management Inc Voluntary Employee Benefits Tr?
The Employer Identification Number (EIN) for Total Risk Management Inc Voluntary Employee Benefits Tr is 204462361. 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 Total Risk Management Inc Voluntary Employee Benefits Tr spend its money?
Total Risk Management Inc Voluntary Employee Benefits Tr allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Total Risk Management Inc Voluntary Employee Benefits Tr's tax-exempt status?
You can verify Total Risk Management Inc Voluntary Employee Benefits Tr's tax-exempt status using EIN 204462361 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
Total Risk Management Inc Voluntary Employee Benefits Tr appears to operate as a pass-through entity, given its consistent zero asset reporting in recent years (2017) and the nature of a 'Voluntary Employee Benefits Trust.' The organization's financial health shows a pattern of expenses closely matching or exceeding revenue in most recent periods, such as 2017 where expenses were $1,800,748 against revenues of $1,592,307, indicating a deficit. This trend suggests it's not accumulating significant reserves, which is typical for a benefits trust distributing funds. The lack of reported officer compensation across all filings indicates a lean administrative structure or that compensation is handled outside the scope of what's reported on the 990 for officers, which is a positive for spending efficiency if true. However, without a detailed breakdown of program vs. administrative expenses, a full assessment of spending efficiency is challenging. The organization's transparency is moderate; while it files its 990s, the specific nature of its 'programs' and how funds are distributed as benefits isn't immediately clear from the high-level data provided.