Is Ufcw Hawaii Food Employers Health And Welfare Tr Fund Legit?
Quick charity verification for Ufcw Hawaii Food Employers Health And Welfare Tr Fund (EIN: 10757287)
Verdict: Ufcw Hawaii Food Employers Health And Welfare Tr Fund appears trustworthy
85/100Mission Score
$26.8MRevenue
$26.8MAssets
1Red Flags
5Strengths
Red Flags
No reported officer compensation for an organization of this size, which is unusual and could obscure executive remuneration details.
Strengths
Consistent revenue growth, more than doubling from 2014 to 2023.
Strong asset accumulation, indicating financial stability and effective management.
Expenses consistently below revenue, leading to healthy surpluses.
Low liabilities relative to assets, demonstrating good financial health.
Consistent filing history, indicating good transparency and compliance.
Spending Breakdown
How Ufcw Hawaii Food Employers Health And Welfare Tr 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 Ufcw Hawaii Food Employers Health And Welfare Tr Fund
Is Ufcw Hawaii Food Employers Health And Welfare Tr Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Ufcw Hawaii Food Employers Health And Welfare Tr Fund (EIN: 10757287) appears trustworthy. Mission Score: 85/100. 1 red flag identified, 5 strengths noted.
Is Ufcw Hawaii Food Employers Health And Welfare Tr Fund a good charity to donate to?
Ufcw Hawaii Food Employers Health And Welfare Tr Fund has a Mission Score of 85/100. Revenue: $26.8M. Assets: $26.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Ufcw Hawaii Food Employers Health And Welfare Tr Fund?
The Employer Identification Number (EIN) for Ufcw Hawaii Food Employers Health And Welfare Tr Fund is 10757287. 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 Ufcw Hawaii Food Employers Health And Welfare Tr Fund spend its money?
Ufcw Hawaii Food Employers Health And Welfare Tr Fund allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Ufcw Hawaii Food Employers Health And Welfare Tr Fund's tax-exempt status?
You can verify Ufcw Hawaii Food Employers Health And Welfare Tr Fund's tax-exempt status using EIN 10757287 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 UFCW Hawaii Food Employers Health And Welfare Tr Fund demonstrates consistent financial growth, with revenue increasing from $10.9 million in 2014 to $23.5 million in 2023. The organization consistently maintains a healthy asset base, growing from $9.9 million to $21.5 million over the same period, indicating strong financial stewardship. Their liabilities have remained manageable relative to assets, suggesting good financial stability.
Spending efficiency appears strong, as the fund consistently spends a significant portion of its expenses on program services, which is typical for a health and welfare trust. For instance, in 2023, with revenues of $23.5 million and expenses of $18.6 million, the fund generated a surplus, contributing to its asset growth. The absence of reported officer compensation further enhances its perceived efficiency and commitment to its beneficiaries.
Transparency is generally good, with consistent IRS 990 filings over 13 periods. The clear reporting of revenue, expenses, assets, and liabilities allows for a straightforward assessment of its financial operations. The lack of reported officer compensation simplifies the analysis of executive remuneration, indicating that the fund's operational costs are primarily directed towards its core mission.