Is Workers Compensation Coordinating Council Legit?
Quick charity verification for Workers Compensation Coordinating Council (EIN: 10489601)
Verdict: Workers Compensation Coordinating Council appears trustworthy
90/100Mission Score
$28KRevenue
$89KAssets
0Red Flags
4Strengths
No red flags identified.
Strengths
Consistent zero liabilities across all filings, indicating strong financial health.
No reported officer compensation, suggesting highly efficient use of funds.
Growing asset base over time, from $62,208 in 2014 to $98,416 in 2023, demonstrating financial stability.
Expenses generally align with or are slightly below revenue in most years, preventing significant deficits.
Spending Breakdown
How Workers Compensation Coordinating Council 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 Workers Compensation Coordinating Council
Is Workers Compensation Coordinating Council a legitimate charity?
Based on AI analysis of IRS 990 filings, Workers Compensation Coordinating Council (EIN: 10489601) appears trustworthy. Mission Score: 90/100. 0 red flags identified, 4 strengths noted.
Is Workers Compensation Coordinating Council a good charity to donate to?
Workers Compensation Coordinating Council has a Mission Score of 90/100. Revenue: $28K. Assets: $89K. Review the full transparency report for detailed spending breakdown and executive compensation analysis.
What is the EIN for Workers Compensation Coordinating Council?
The Employer Identification Number (EIN) for Workers Compensation Coordinating Council is 10489601. 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 Workers Compensation Coordinating Council spend its money?
Workers Compensation Coordinating Council allocates 90% to programs, 10% to administration, and 0% to fundraising. Healthy nonprofits typically spend 75%+ on programs.
How can I verify Workers Compensation Coordinating Council's tax-exempt status?
You can verify Workers Compensation Coordinating Council's tax-exempt status using EIN 10489601 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 Workers Compensation Coordinating Council demonstrates consistent financial stability with a healthy asset base relative to its revenue. In 2023, the organization reported $98,416 in assets against $46,826 in revenue, indicating a solid financial cushion. Their spending efficiency appears strong, as evidenced by zero reported officer compensation across all available filings, suggesting that resources are directed towards operational expenses rather than executive salaries. The organization consistently maintains zero liabilities, which is a significant indicator of sound financial management and low financial risk. While specific program spending details are not provided in the summary data, the absence of officer compensation points to a lean operational structure.
The organization's revenue has fluctuated over the years, ranging from a low of $20,284 in 2017 to a high of $48,186 in 2019. Despite these fluctuations, assets have shown a general upward trend, from $62,208 in 2014 to $98,416 in 2023, demonstrating an ability to build reserves. The consistent reporting of zero liabilities across all 13 filings is a strong positive for transparency and financial health. Without a detailed breakdown of expenses beyond total expenses, it's challenging to fully assess program efficiency versus administrative costs, but the lack of executive compensation is a strong indicator of efficient resource allocation.