Boilermakers Lodge 5 Vacation Fund
Boilermakers Lodge 5 Vacation Fund shows strong financial growth and asset accumulation with no officer compensation.
EIN: 131951757 · Floral Park, NY · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.2M |
| Total Expenses | $2.2M |
| Program Spending | 90% |
| Net Assets | $3.2M |
| Transparency Score | 85/100 |
Is Boilermakers Lodge 5 Vacation Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Boilermakers Lodge 5 Vacation Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Boilermakers Lodge 5 Vacation Fund
Boilermakers Lodge 5 Vacation Fund (EIN: 131951757) is a nonprofit organization based in Floral Park, NY. The organization reported total revenue of $2.2M and total assets of $2.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Boilermakers Lodge 5 Vacation Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Boilermakers Lodge 5 Vacation Fund is a mid-size nonprofit that has been operating for 62 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.0M |
| Total Expenses | $2.2M |
| Surplus / Deficit | +$797K |
| Total Assets | $3.2M |
| Total Liabilities | $25K |
| Net Assets | $3.2M |
| Operating Margin | 26.8% |
| Debt-to-Asset Ratio | 0.8% |
| Months of Reserves | 17.9 months |
Financial Health Grade: A
In 2023, Boilermakers Lodge 5 Vacation Fund reported a surplus of $797K with revenue exceeding expenses, holds 17.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.8% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Boilermakers Lodge 5 Vacation Fund's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +39.9% | +55.5% | +34.9% |
| 2022 | +52.1% | -17.2% | +43.6% |
| 2021 | -22.7% | -62.1% | +9.3% |
| 2020 | -64.4% | +37.1% | -63.4% |
| 2019 | +108.3% | +26.3% | +78.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1964 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Boilermakers Lodge 5 Vacation Fund with a Mission Score of 85 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Boilermakers Lodge 5 Vacation Fund allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $797K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.8%.
Executive Compensation Analysis
Officer compensation has consistently been reported as 0% across all available filing periods, indicating that the fund's leadership is not drawing salaries from the organization, which is a positive sign for member benefit focus.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Boilermakers Lodge 5 Vacation Fund's IRS 990 filings:
- NTEE Code Unknown: Lack of a specific NTEE code makes it difficult to benchmark against similar organizations and understand its exact programmatic focus.
- Expense Volatility: Expenses have shown significant year-to-year fluctuations (e.g., $4,452,935 in 2020 vs. $1,398,655 in 2022), which could indicate inconsistent operational costs or varying benefit distributions.
Strengths
The following positive indicators were identified for Boilermakers Lodge 5 Vacation Fund:
- Strong Asset Growth: Assets have grown significantly from $979,308 in 2014 to $3,237,770 in 2023, indicating effective financial management and accumulation of resources.
- Zero Officer Compensation: The consistent reporting of 0% officer compensation is a strong indicator that funds are being used for the organization's purpose rather than executive salaries.
- Healthy Financial Reserves: The fund consistently maintains a high ratio of assets to liabilities, demonstrating strong financial health and ability to meet its obligations.
- Positive Net Income: In recent years (2022 and 2023), the fund has consistently generated more revenue than expenses, contributing to its financial stability and growth.
Frequently Asked Questions about Boilermakers Lodge 5 Vacation Fund
Is Boilermakers Lodge 5 Vacation Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Boilermakers Lodge 5 Vacation Fund (EIN: 131951757) some concerns. Mission Score: 85/100. 2 red flags identified, 4 strengths noted.
How does Boilermakers Lodge 5 Vacation Fund spend its money?
Boilermakers Lodge 5 Vacation Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Boilermakers Lodge 5 Vacation Fund tax-deductible?
Boilermakers Lodge 5 Vacation Fund is registered as a tax-exempt nonprofit (EIN: 131951757). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Boilermakers Lodge 5 Vacation Fund located?
Boilermakers Lodge 5 Vacation Fund is headquartered in Floral Park, New York and files with the IRS under EIN 131951757.
How many years of IRS 990 filings does Boilermakers Lodge 5 Vacation Fund have?
Boilermakers Lodge 5 Vacation Fund has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.2M in total revenue.
Is Boilermakers Lodge 5 Vacation Fund financially stable?
Yes, the fund appears financially stable. In 2023, assets were $3,237,770 against liabilities of $24,797, demonstrating a very strong asset-to-liability ratio. Revenue has also consistently exceeded expenses in recent years, leading to asset growth.
How has the fund's revenue trended over time?
The fund's revenue has shown significant fluctuations but a general upward trend in recent years, reaching $2,971,584 in 2023. There was a notable peak of $5,078,804 in 2019, followed by a dip, but it has recovered strongly.
Does the fund pay its officers?
No, the IRS 990 filings consistently report 0% for officer compensation across all available periods, indicating no salaries are paid to officers.
Filing History
IRS 990 filing history for Boilermakers Lodge 5 Vacation Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Boilermakers Lodge 5 Vacation Fund's revenue has grown by 114.3%, moving from $1.4M to $3.0M. Total assets increased by 188.5% over the same period, from $1.1M to $3.2M. Total functional expenses rose by 9%, from $2.0M to $2.2M. In its most recent filing year (2023), Boilermakers Lodge 5 Vacation Fund reported a surplus of $797K, with revenue exceeding expenses. The organization holds $25K in liabilities against $3.2M in assets (debt-to-asset ratio: 0.8%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.0M | $2.2M | $3.2M | $25K | — | — |
| 2022 | $2.1M | $1.4M | $2.4M | $11K | — | — |
| 2021 | $1.4M | $1.7M | $1.7M | $12K | — | View 990 |
| 2020 | $1.8M | $4.5M | $1.5M | $13K | — | View 990 |
| 2019 | $5.1M | $3.2M | $4.2M | $12K | — | — |
| 2018 | $2.4M | $2.6M | $2.3M | $13K | — | View 990 |
| 2017 | $3.0M | $2.6M | $2.5M | $15K | — | — |
| 2016 | $2.5M | $2.7M | $2.1M | $21K | — | View 990 |
| 2015 | $2.7M | $1.3M | $2.4M | $43K | — | View 990 |
| 2014 | $1.1M | $1.8M | $979K | $55K | — | View 990 |
| 2013 | $1.8M | $1.1M | $1.6M | $6K | — | View 990 |
| 2012 | $1.3M | $1.6M | $840K | $28K | — | View 990 |
| 2011 | $1.4M | $2.0M | $1.1M | $16K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.0M, expenses of $2.2M, and assets of $3.2M (revenue +39.9% year-over-year).
- 2022: Revenue of $2.1M, expenses of $1.4M, and assets of $2.4M (revenue +52.1% year-over-year).
- 2021: Revenue of $1.4M, expenses of $1.7M, and assets of $1.7M (revenue -22.7% year-over-year).
- 2020: Revenue of $1.8M, expenses of $4.5M, and assets of $1.5M (revenue -64.4% year-over-year).
- 2019: Revenue of $5.1M, expenses of $3.2M, and assets of $4.2M (revenue +108.3% year-over-year).
- 2018: Revenue of $2.4M, expenses of $2.6M, and assets of $2.3M (revenue -17.7% year-over-year).
- 2017: Revenue of $3.0M, expenses of $2.6M, and assets of $2.5M (revenue +20.3% year-over-year).
- 2016: Revenue of $2.5M, expenses of $2.7M, and assets of $2.1M (revenue -9.3% year-over-year).
- 2015: Revenue of $2.7M, expenses of $1.3M, and assets of $2.4M (revenue +140.2% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.8M, and assets of $979K (revenue -38.1% year-over-year).
- 2013: Revenue of $1.8M, expenses of $1.1M, and assets of $1.6M (revenue +44.8% year-over-year).
- 2012: Revenue of $1.3M, expenses of $1.6M, and assets of $840K (revenue -9.0% year-over-year).
- 2011: Revenue of $1.4M, expenses of $2.0M, and assets of $1.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Boilermakers Lodge 5 Vacation Fund:
Data Sources and Methodology
This transparency report for Boilermakers Lodge 5 Vacation Fund is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.