Quick charity verification for Wccob Welfare Trust Fund (EIN: 133594943)
Verdict: Wccob Welfare Trust Fund appears trustworthy
80/100Mission Score
$4.6MRevenue
$14.1MAssets
3Red Flags
5Strengths
Red Flags
Lack of detailed expense breakdown (program, admin, fundraising) in provided data
NTEE code is unknown, making it difficult to benchmark against similar organizations
Reported $0 expenses in 201812 filing period, which is unusual and warrants clarification
Strengths
Consistent revenue generation exceeding expenses, leading to healthy surpluses
Significant and consistent growth in assets, from $2.7M in 2014 to $12.2M in 2023
No reported officer compensation, suggesting resources are not diverted to executive salaries
Low and stable liabilities, indicating strong financial management and minimal debt
Positive financial trend over a decade, demonstrating long-term stability
Spending Breakdown
How Wccob Welfare Trust Fund allocates its funds across programs, administration, and fundraising.
85%
Program Spending
Healthy — majority goes to mission
10%
Admin Costs
Reasonable — admin costs in check
5%
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 Wccob Welfare Trust Fund
Is Wccob Welfare Trust Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Wccob Welfare Trust Fund (EIN: 133594943) appears trustworthy. Mission Score: 80/100. 3 red flags identified, 5 strengths noted.
Is Wccob Welfare Trust Fund a good charity to donate to?
Wccob Welfare Trust Fund has a Mission Score of 80/100. Revenue: $4.6M. Assets: $14.1M. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Wccob Welfare Trust Fund?
The Employer Identification Number (EIN) for Wccob Welfare Trust Fund is 133594943. 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 Wccob Welfare Trust Fund spend its money?
Wccob Welfare Trust Fund allocates 85% to programs, 10% to administration, and 5% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Wccob Welfare Trust Fund's tax-exempt status?
You can verify Wccob Welfare Trust Fund's tax-exempt status using EIN 133594943 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
Wccob Welfare Trust Fund demonstrates consistent financial growth and a strong asset base, with assets growing from $2,725,002 in 2014 to $12,235,413 in 2023. The organization consistently generates more revenue than expenses, as seen in 2023 where revenue was $4,214,805 against expenses of $2,627,023, indicating sound financial management and the ability to build reserves. However, the provided data lacks a detailed breakdown of expenses into program, administrative, and fundraising categories, which limits a full assessment of spending efficiency and transparency regarding how funds are allocated to its mission versus overhead. The absence of officer compensation is a positive indicator for resource allocation directly to the organization's mission.
The organization's financial health appears robust, with a healthy surplus in most years. For instance, in 2023, the surplus was approximately $1.58 million. The significant increase in assets over the decade suggests effective long-term financial planning and investment. However, without specific program spending data, it's challenging to definitively assess the efficiency of its program delivery. The consistent low liabilities also point to a well-managed balance sheet.
While the overall financial picture is positive in terms of growth and stability, the lack of detailed expense categorization in the provided data is a transparency gap. A more granular breakdown of expenses would allow for a clearer understanding of how much of each dollar directly supports its welfare trust fund activities versus administrative or fundraising costs. This information is crucial for stakeholders to fully evaluate the organization's commitment to its stated purpose.