Is Wappingers Congress Of Teachers Welfare Trust Fund Legit?
Quick charity verification for Wappingers Congress Of Teachers Welfare Trust Fund (EIN: 141614473)
Verdict: Wappingers Congress Of Teachers Welfare Trust Fund appears trustworthy
85/100Mission Score
$8.1MRevenue
$4.8MAssets
2Red Flags
4Strengths
Red Flags
NTEE Code is Unknown, which can hinder clear classification of its activities.
Operating consistently at near break-even, with very little surplus generated, which could limit future growth or ability to withstand unexpected financial shocks.
Strengths
Consistent growth in assets and revenue over the past decade.
Zero reported officer compensation across all filings, indicating high resource allocation to its mission.
Stable financial position with manageable liabilities relative to assets.
High program spending efficiency, with expenses closely matching revenues.
Spending Breakdown
How Wappingers Congress Of Teachers Welfare Trust Fund allocates its funds across programs, administration, and fundraising.
99%
Program Spending
Healthy — majority goes to mission
1%
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 Wappingers Congress Of Teachers Welfare Trust Fund
Is Wappingers Congress Of Teachers Welfare Trust Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Wappingers Congress Of Teachers Welfare Trust Fund (EIN: 141614473) appears trustworthy. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
Is Wappingers Congress Of Teachers Welfare Trust Fund a good charity to donate to?
Wappingers Congress Of Teachers Welfare Trust Fund has a Mission Score of 85/100. Revenue: $8.1M. Assets: $4.8M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wappingers Congress Of Teachers Welfare Trust Fund?
The Employer Identification Number (EIN) for Wappingers Congress Of Teachers Welfare Trust Fund is 141614473. 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 Wappingers Congress Of Teachers Welfare Trust Fund spend its money?
Wappingers Congress Of Teachers Welfare Trust Fund allocates 99% to programs, 1% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wappingers Congress Of Teachers Welfare Trust Fund's tax-exempt status?
You can verify Wappingers Congress Of Teachers Welfare Trust Fund's tax-exempt status using EIN 141614473 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 Wappingers Congress Of Teachers Welfare Trust Fund demonstrates consistent financial activity, with revenues and expenses generally increasing over the past decade. In the latest reported period (202308), the organization reported revenues of $2,999,984 against expenses of $2,978,014, indicating a very tight operating margin. The organization's assets have grown steadily, reaching $4,436,649 in 202308, while liabilities remain manageable at $1,096,498. This suggests a stable financial position, though with limited surplus generation in recent years.
The organization's spending efficiency appears to be focused on its core purpose, given the minimal difference between revenues and expenses. Without a detailed breakdown of program, administrative, and fundraising expenses, it's challenging to fully assess efficiency. However, the consistent operation near break-even suggests that most incoming funds are directly expended. The absence of reported officer compensation across all filings indicates a potential strength in resource allocation, as no funds are diverted to executive salaries.
Transparency is generally good through its consistent IRS 990 filings. The lack of reported officer compensation is a notable positive for transparency regarding executive pay. However, the NTEE code being 'Unknown' could be a minor point for improvement in classification, though it doesn't directly impact financial transparency. Overall, the organization appears to be a stable entity, effectively managing its funds to meet its welfare trust fund objectives.