Quick charity verification for Transport Workers Union (EIN: 136601635)
Verdict: Transport Workers Union appears trustworthy
70/100Mission Score
$41.2MRevenue
$26.2MAssets
3Red Flags
3Strengths
Red Flags
Liabilities ($35.47M) significantly exceed assets ($23.39M) in the 2023 filing, indicating a negative net asset position.
The consistent reporting of 0% officer compensation for an organization with over $20 million in annual revenue is highly unusual and warrants further scrutiny.
Lack of detailed explanation in public filings for the sudden and substantial increase in liabilities in 2023.
Strengths
Consistent revenue growth over the past decade, from $18.29M in 2014 to $28.15M in 2023.
Generally operates with a surplus, contributing to steady asset accumulation prior to the 2023 liability surge.
Strong historical asset growth, increasing from $5.14M in 2014 to $23.39M in 2023.
Spending Breakdown
How Transport Workers Union 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 Transport Workers Union
Is Transport Workers Union a legitimate charity?
Based on AI analysis of IRS 990 filings, Transport Workers Union (EIN: 136601635) appears trustworthy. Mission Score: 70/100. 3 red flags identified, 3 strengths noted.
Is Transport Workers Union a good charity to donate to?
Transport Workers Union has a Mission Score of 70/100. Revenue: $41.2M. Assets: $26.2M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Transport Workers Union?
The Employer Identification Number (EIN) for Transport Workers Union is 136601635. 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 Transport Workers Union spend its money?
Transport Workers Union allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Transport Workers Union's tax-exempt status?
You can verify Transport Workers Union's tax-exempt status using EIN 136601635 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 Transport Workers Union demonstrates consistent financial growth over the past decade, with revenue increasing from $18.29 million in 2014 to $28.15 million in 2023. The organization generally operates with a surplus, as evidenced by revenues exceeding expenses in most years, contributing to a steady increase in assets from $5.14 million in 2014 to $23.39 million in 2023. This indicates sound financial management and an ability to build reserves.
However, a significant red flag appears in the 2023 filing, where liabilities surged to $35.47 million, far exceeding assets of $23.39 million. This represents a substantial increase from previous years where liabilities were minimal, and warrants further investigation into the nature of these obligations. While the organization has consistently reported 0% officer compensation, which suggests a focus on its mission rather than executive enrichment, the sudden spike in liabilities raises concerns about its long-term financial stability and could impact its ability to fund programs.
Overall, the union exhibits strong revenue generation and asset accumulation trends, but the dramatic increase in liabilities in the latest filing is a critical point of concern for its financial health. Transparency regarding the nature of these liabilities would be crucial for a complete assessment.