Is United Association Of Jouneymen & Apprentices Of The Plumbing & Pipe Legit?

Quick charity verification for United Association Of Jouneymen & Apprentices Of The Plumbing & Pipe (EIN: 113386159)

Verdict: United Association Of Jouneymen & Apprentices Of The Plumbing & Pipe appears trustworthy

85/100Mission Score
$20.5MRevenue
$57.5MAssets
2Red Flags
3Strengths

Red Flags

Strengths

AI Transparency Report

The United Association Of Jouneymen & Apprentices Of The Plumbing & Pipe demonstrates consistent financial health, with revenues generally exceeding expenses across its seven-year filing history. For instance, in 2023, revenue was $12,705,889 against expenses of $12,095,840, indicating a surplus. The organization also maintains substantial assets, growing from $42,916,945 in 2017 to $55,849,197 in 2023, suggesting strong financial reserves. Liabilities have remained relatively low, with the exception of 2021, further indicating fiscal stability. Regarding spending efficiency, without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to provide a precise assessment. However, the consistent surplus generation implies that the organization is managing its overall expenditures effectively within its revenue streams. The absence of reported officer compensation across all filings is a notable point regarding resource allocation, potentially indicating that leadership roles are either unpaid or compensated through other means not captured in this specific metric. In terms of transparency, the organization has a consistent filing history with the IRS, providing seven years of 990 data. The lack of reported officer compensation, while potentially positive for resource allocation, could also raise questions about the full scope of executive benefits if compensation is indeed occurring through non-officer channels. Further detail on the allocation of expenses would enhance transparency and allow for a more granular analysis of spending efficiency.

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Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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