Quick charity verification for Ua Local 716 Health & Welfare Fund (EIN: 16010506)
Verdict: Ua Local 716 Health & Welfare Fund appears trustworthy
75/100Mission Score
$11.8MRevenue
$3.3MAssets
2Red Flags
3Strengths
Red Flags
Consistent operational deficits (expenses exceeding revenue in 7 of 10 filings)
Declining asset base over recent years (from $7.25M in 2019 to $4.21M in 2023)
Strengths
Zero officer compensation reported across all filings, indicating high efficiency in executive pay
Relatively low liabilities compared to assets, suggesting good debt management
Focus on health and welfare programs (NTEE Y43) with likely high program spending
Spending Breakdown
How Ua Local 716 Health & Welfare Fund 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 Ua Local 716 Health & Welfare Fund
Is Ua Local 716 Health & Welfare Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Ua Local 716 Health & Welfare Fund (EIN: 16010506) appears trustworthy. Mission Score: 75/100. 2 red flags identified, 3 strengths noted.
Is Ua Local 716 Health & Welfare Fund a good charity to donate to?
Ua Local 716 Health & Welfare Fund has a Mission Score of 75/100. Revenue: $11.8M. Assets: $3.3M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ua Local 716 Health & Welfare Fund?
The Employer Identification Number (EIN) for Ua Local 716 Health & Welfare Fund is 16010506. 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 Ua Local 716 Health & Welfare Fund spend its money?
Ua Local 716 Health & Welfare Fund allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ua Local 716 Health & Welfare Fund's tax-exempt status?
You can verify Ua Local 716 Health & Welfare Fund's tax-exempt status using EIN 16010506 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 Ua Local 716 Health & Welfare Fund, operating as a health and welfare fund (NTEE Code Y43), exhibits a fluctuating financial performance over the past decade. In the latest filing (202312), the organization reported revenue of $5,691,308 against expenses of $7,115,125, indicating a deficit for the period. This trend of expenses exceeding revenue is also observed in 202212, 202112, 202012, 201812, 201512, and 201412. While the organization's assets have generally decreased from a high of $7,254,311 in 201912 to $4,215,559 in 202312, its liabilities have remained relatively low in recent years, with $522,307 in 202312, suggesting a manageable debt burden. The consistent reporting of 0% officer compensation across all available filings indicates a strong commitment to directing funds towards its primary purpose rather than executive salaries, which is a positive sign for transparency and efficiency. However, the recurring operational deficits warrant closer examination to ensure long-term sustainability.