Is Transwestern Pipeline Co Llc Veba Legit?…

Quick charity verification for Transwestern Pipeline Co Llc Veba (EIN: 206819757)

Spending Breakdown

How Transwestern Pipeline Co Llc Veba allocates its funds across programs, administration, and fundraising.

100%

Program Spending

Healthy — majority goes to mission

Admin Costs

Reasonable — admin costs in check

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 Transwestern Pipeline Co Llc Veba

Is Transwestern Pipeline Co Llc Veba a legitimate charity?

Based on AI analysis of IRS 990 filings, Transwestern Pipeline Co Llc Veba (EIN: 206819757) appears trustworthy. Mission Score: 95/100. 1 red flag identified, 5 strengths noted.

Is Transwestern Pipeline Co Llc Veba a good charity to donate to?

Transwestern Pipeline Co Llc Veba has a Mission Score of 95/100. Revenue: $253K. Assets: $7.7M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.

What is the EIN for Transwestern Pipeline Co Llc Veba?

The Employer Identification Number (EIN) for Transwestern Pipeline Co Llc Veba is 206819757. 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 Transwestern Pipeline Co Llc Veba spend its money?

Transwestern Pipeline Co Llc Veba allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.

How can I verify Transwestern Pipeline Co Llc Veba's tax-exempt status?

You can verify Transwestern Pipeline Co Llc Veba's tax-exempt status using EIN 206819757 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

Transwestern Pipeline Co Llc Veba appears to be a financially stable organization, consistently growing its assets over the past decade, reaching $7,693,386 in its latest filing. The organization consistently reports zero liabilities, indicating a very strong balance sheet and no debt burden. Revenue has fluctuated significantly year-to-year, with a notable negative revenue in 2018 (-$226,433) and high revenues in 2017 ($1,541,313) and 2020 ($706,355), suggesting reliance on investment income or specific funding cycles rather than consistent operational revenue. The latest revenue of $253,170 is lower than some previous years but still positive.

The organization demonstrates excellent spending efficiency, with expenses consistently much lower than revenue in most years, leading to asset growth. For example, in 2023, expenses were $165,483 against $234,623 in revenue. A key aspect of its financial health is the complete absence of officer compensation reported across all filings, which significantly reduces administrative overhead and maximizes funds available for its stated purpose. This also points to a high degree of transparency regarding executive pay, as there is none to report.

Given its NTEE code Y43 (Voluntary Employees' Beneficiary Associations (VEBAs)), the organization's financial structure and lack of traditional program spending (as it's an employee benefit trust) are appropriate. The consistent asset growth and zero liabilities are strong indicators of prudent financial management. The absence of officer compensation further enhances its financial efficiency and transparency profile.

Is Transwestern Pipeline Co Llc Veba Legit?

Verdict: Transwestern Pipeline Co Llc Veba appears trustworthy

Red Flags

Strengths