Is Tri City Joint Apprenticeship And Training Committee Legit?
Quick charity verification for Tri City Joint Apprenticeship And Training Committee (EIN: 141609873)
Verdict: Tri City Joint Apprenticeship And Training Committee appears trustworthy
95/100Mission Score
$1.9MRevenue
$2.6MAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Exceptional program spending ratio (95% in 2023)
No reported officer compensation, indicating high efficiency
Consistent revenue growth over the past five years
Strong asset base relative to liabilities, indicating financial stability
Positive net income in recent periods, allowing for asset accumulation
Spending Breakdown
How Tri City Joint Apprenticeship And Training Committee 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 Tri City Joint Apprenticeship And Training Committee
Is Tri City Joint Apprenticeship And Training Committee a legitimate charity?
Based on AI analysis of IRS 990 filings, Tri City Joint Apprenticeship And Training Committee (EIN: 141609873) appears trustworthy. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
Is Tri City Joint Apprenticeship And Training Committee a good charity to donate to?
Tri City Joint Apprenticeship And Training Committee has a Mission Score of 95/100. Revenue: $1.9M. Assets: $2.6M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Tri City Joint Apprenticeship And Training Committee?
The Employer Identification Number (EIN) for Tri City Joint Apprenticeship And Training Committee is 141609873. 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 Tri City Joint Apprenticeship And Training Committee spend its money?
Tri City Joint Apprenticeship And Training Committee allocates 95% to programs, 5% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Tri City Joint Apprenticeship And Training Committee's tax-exempt status?
You can verify Tri City Joint Apprenticeship And Training Committee's tax-exempt status using EIN 141609873 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
Tri City Joint Apprenticeship And Training Committee demonstrates consistent financial growth and strong program spending based on its IRS 990 filings. Over the past several years, the organization has shown a healthy trend of increasing revenue and assets, with revenue growing from $1,246,493 in 2019 to $1,900,500 in 2023. The organization consistently spends a very high proportion of its expenses on program services, indicating a strong focus on its mission of apprenticeship and training. For instance, in the 2023 period, 95% of its expenses were dedicated to programs, with only 5% for administrative costs and 0% for fundraising, which is highly efficient.
The organization's financial health appears robust, with assets consistently exceeding liabilities. In 2023, assets were $2,298,384 against liabilities of $143,871, showing a strong financial position. The absence of reported officer compensation across all available filings suggests a volunteer-led or very lean executive structure, further contributing to its efficiency and transparency. The consistent surplus of revenue over expenses in recent years (e.g., $1,900,500 revenue vs. $1,513,080 expenses in 2023) allows for asset growth and sustained operations.