Quick charity verification for Union Labor Health Care Coalition Inc (EIN: 141768443)
Verdict: Union Labor Health Care Coalition Inc appears trustworthy
92/100Mission Score
$333KRevenue
$663KAssets
1Red Flags
5Strengths
Red Flags
Consistent 0% officer compensation, while positive, warrants further inquiry to understand how leadership is sustained and compensated if not through traditional officer salaries.
Strengths
Consistent revenue growth, from $177,228 in 2019 to $313,258 in 2023.
Strong asset growth, from $432,395 in 2019 to $588,369 in 2023.
Zero reported liabilities in recent years (2022 and 2023), demonstrating excellent financial management.
Consistent reporting of 0% officer compensation, suggesting high efficiency and mission focus.
Spending Breakdown
How Union Labor Health Care Coalition Inc allocates its funds across programs, administration, and fundraising.
90%
Program Spending
Healthy — majority goes to mission
7%
Admin Costs
Reasonable — admin costs in check
3%
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 Union Labor Health Care Coalition Inc
Is Union Labor Health Care Coalition Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, Union Labor Health Care Coalition Inc (EIN: 141768443) appears trustworthy. Mission Score: 92/100. 1 red flag identified, 5 strengths noted.
Is Union Labor Health Care Coalition Inc a good charity to donate to?
Union Labor Health Care Coalition Inc has a Mission Score of 92/100. Revenue: $333K. Assets: $663K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Union Labor Health Care Coalition Inc?
The Employer Identification Number (EIN) for Union Labor Health Care Coalition Inc is 141768443. 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 Union Labor Health Care Coalition Inc spend its money?
Union Labor Health Care Coalition Inc allocates 90% to programs, 7% to administration, and 3% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Union Labor Health Care Coalition Inc's tax-exempt status?
You can verify Union Labor Health Care Coalition Inc's tax-exempt status using EIN 141768443 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 Union Labor Health Care Coalition Inc. demonstrates consistent financial growth and appears to be in a healthy financial position. Over the past five years, its revenue has steadily increased from $177,228 in 2019 to $313,258 in 2023, with assets growing from $432,395 to $588,369 in the same period. The organization consistently operates with a surplus, as evidenced by its revenues exceeding expenses in all reported years, contributing to its growing asset base. For instance, in 2023, revenue was $313,258 against expenses of $239,842, resulting in a surplus of $73,416.
Spending efficiency appears strong, with a significant portion of expenses likely directed towards program services, given the consistent surpluses and asset growth. The organization reports zero liabilities in its most recent filings (2022 and 2023), indicating excellent financial management and a lack of debt burden. This also suggests a high degree of financial stability and a low-risk profile.
Transparency is enhanced by the consistent filing of IRS Form 990s over 14 periods, indicating a commitment to public disclosure. The consistent reporting of 0% officer compensation across all available filings is a notable positive, suggesting that leadership may be volunteer-based or compensated through other means not classified as officer compensation, which can be a strong indicator of mission-driven focus and efficient use of funds.