Is University Of Massachusetts Seiu Local 888 Health & Welfare Fund Legit?
Quick charity verification for University Of Massachusetts Seiu Local 888 Health & Welfare Fund (EIN: 201537585)
Verdict: University Of Massachusetts Seiu Local 888 Health & Welfare Fund appears trustworthy
85/100Mission Score
$556KRevenue
$292KAssets
2Red Flags
4Strengths
Red Flags
Expenses consistently exceeding revenue in the last three reported periods (2021-2023)
Significant decline in assets from $579,415 in 2020 to $341,835 in 2023
Strengths
Consistent reporting of 0% officer compensation across all filings
Zero reported liabilities across all filings, indicating no debt
Long history of IRS 990 filings (13 filings), demonstrating transparency
Strong program focus implied by lack of executive compensation and nature of a health & welfare fund
Spending Breakdown
How University Of Massachusetts Seiu Local 888 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 University Of Massachusetts Seiu Local 888 Health & Welfare Fund
Is University Of Massachusetts Seiu Local 888 Health & Welfare Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, University Of Massachusetts Seiu Local 888 Health & Welfare Fund (EIN: 201537585) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is University Of Massachusetts Seiu Local 888 Health & Welfare Fund a good charity to donate to?
University Of Massachusetts Seiu Local 888 Health & Welfare Fund has a Mission Score of 85/100. Revenue: $556K. Assets: $292K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for University Of Massachusetts Seiu Local 888 Health & Welfare Fund?
The Employer Identification Number (EIN) for University Of Massachusetts Seiu Local 888 Health & Welfare Fund is 201537585. 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 University Of Massachusetts Seiu Local 888 Health & Welfare Fund spend its money?
University Of Massachusetts Seiu Local 888 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 University Of Massachusetts Seiu Local 888 Health & Welfare Fund's tax-exempt status?
You can verify University Of Massachusetts Seiu Local 888 Health & Welfare Fund's tax-exempt status using EIN 201537585 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 University Of Massachusetts Seiu Local 888 Health & Welfare Fund appears to be a well-managed organization focused on its core mission, as indicated by its consistent financial reporting and zero reported officer compensation across all available filings. The organization's revenue and expenses have fluctuated over the years, with recent periods (2021-2023) showing expenses exceeding revenue, leading to a decrease in assets from a high of $579,415 in 2020 to $341,835 in 2023. However, the organization consistently reports $0 in liabilities, suggesting a strong balance sheet free of debt.
Spending efficiency is difficult to fully assess without a detailed breakdown of program, administrative, and fundraising expenses from the provided data. However, the absence of officer compensation suggests that a significant portion of funds is likely directed towards the welfare fund's purpose rather than executive salaries. The consistent filing of IRS 990 forms over 13 periods demonstrates a commitment to transparency.
Overall, while the recent trend of expenses outpacing revenue warrants monitoring, the organization's clean liability record and lack of executive compensation are positive indicators of financial health and a focus on its beneficiaries. The decline in assets from 2020 to 2023, from $579,415 to $341,835, is a notable trend that could impact long-term sustainability if not addressed.