Is Weidmuller Inc Retiree Health Benefits Tr Legit?
Quick charity verification for Weidmuller Inc Retiree Health Benefits Tr (EIN: 146306720)
Verdict: Weidmuller Inc Retiree Health Benefits Tr appears trustworthy
90/100Mission Score
$9KRevenue
$225KAssets
0Red Flags
5Strengths
No red flags identified.
Strengths
Consistent positive net assets and revenue exceeding expenses in most years, indicating financial stability.
Zero reported officer compensation across all filings, demonstrating exceptional spending efficiency and low administrative overhead.
Consistently reports zero liabilities, indicating a very strong balance sheet and no outstanding debts.
Regularly files IRS Form 990s, showing compliance and transparency in financial reporting.
Clear and focused mission as a retiree health benefits trust.
Spending Breakdown
How Weidmuller Inc Retiree Health Benefits Tr allocates its funds across programs, administration, and fundraising.
100%
Program Spending
Healthy — majority goes to mission
0%
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 Weidmuller Inc Retiree Health Benefits Tr
Is Weidmuller Inc Retiree Health Benefits Tr a legitimate charity?
Based on AI analysis of IRS 990 filings, Weidmuller Inc Retiree Health Benefits Tr (EIN: 146306720) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 5 strengths noted.
Is Weidmuller Inc Retiree Health Benefits Tr a good charity to donate to?
Weidmuller Inc Retiree Health Benefits Tr has a Mission Score of 90/100. Revenue: $9K. Assets: $225K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Weidmuller Inc Retiree Health Benefits Tr?
The Employer Identification Number (EIN) for Weidmuller Inc Retiree Health Benefits Tr is 146306720. 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 Weidmuller Inc Retiree Health Benefits Tr spend its money?
Weidmuller Inc Retiree Health Benefits Tr allocates 100% to programs, 0% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Weidmuller Inc Retiree Health Benefits Tr's tax-exempt status?
You can verify Weidmuller Inc Retiree Health Benefits Tr's tax-exempt status using EIN 146306720 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
Weidmuller Inc Retiree Health Benefits Tr appears to be a well-managed trust with a clear purpose of providing retiree health benefits. The organization consistently reports zero liabilities and zero officer compensation across all available filings, indicating strong financial stability and a commitment to minimizing administrative overhead. While the NTEE code Y43 (Employee or Membership Benefit Organizations) suggests a focus on specific beneficiaries rather than broad public charity, the consistent positive net assets and revenue exceeding expenses in most years demonstrate a healthy financial position. The trust's assets have fluctuated, notably decreasing from $1,780,026 in 2014 to $317,598 in 2023, which could reflect benefit payouts or investment performance, but without detailed expense breakdowns, it's difficult to ascertain the exact cause. However, the consistent positive revenue and asset base suggest ongoing solvency.
The trust's spending efficiency is high given the reported 0% officer compensation, implying that nearly all expenses are directly related to its programmatic purpose of providing retiree health benefits. The absence of detailed expense categories (like program, administrative, fundraising) in the provided data makes a precise breakdown challenging, but the lack of compensation for officers is a strong indicator of efficiency. Transparency is good in terms of asset and liability reporting, and the consistent filing of IRS Form 990s demonstrates adherence to regulatory requirements. However, a more granular breakdown of expenses would further enhance transparency for stakeholders.