Guards And Security 1412 Welfare Fund Plan
Guards And Security 1412 Welfare Fund Plan: Strong Financials, Limited Program Spending
EIN: 222325150 · Belleville, NJ · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $578K |
| Total Expenses | $493K |
| CEO/Top Officer Pay | $0 |
| Net Assets | $502K |
| Transparency Score | 40/100 |
Is Guards And Security 1412 Welfare Fund Plan Legit?
Significant Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Guards And Security 1412 Welfare Fund Plan
Guards And Security 1412 Welfare Fund Plan (EIN: 222325150) is a nonprofit organization based in Belleville, NJ. The organization reported total revenue of $578K and total assets of $502K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Guards And Security 1412 Welfare Fund Plan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Guards And Security 1412 Welfare Fund Plan is a small nonprofit that has been operating for 44 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of -4.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $578K |
| Total Expenses | $493K |
| Surplus / Deficit | +$85K |
| Total Assets | $502K |
| Net Assets | $502K |
| Operating Margin | 14.8% |
| Months of Reserves | 12.2 months |
Financial Health Grade: A
In 2022, Guards And Security 1412 Welfare Fund Plan reported a surplus of $85K with revenue exceeding expenses, holds 12.2 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2022), Guards And Security 1412 Welfare Fund Plan's revenue has declined at a compound annual growth rate (CAGR) of -4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +7.0% | +14.7% | +20.5% |
| 2021 | +15.1% | +14.6% | +35.9% |
| 2020 | -8.3% | -0.7% | +41.9% |
| 2019 | +36.4% | +0.3% | +155.2% |
| 2018 | +7.5% | +1.5% | -6.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1982 |
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 Guards And Security 1412 Welfare Fund Plan with a Mission Score of 40 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Guards And Security 1412 Welfare Fund Plan allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $85K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is not explicitly detailed in the provided data, as the organization reports $0 in compensation to officers, directors, trustees, and key employees.
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 Guards And Security 1412 Welfare Fund Plan's IRS 990 filings:
- Zero reported program service expenses, indicating the organization primarily functions as a welfare fund administrator rather than a direct service provider.
- High administrative overhead relative to total expenses, with administrative costs making up 100% of reported expenses in 2022 ($492,792 out of $492,792 total expenses).
Strengths
The following positive indicators were identified for Guards And Security 1412 Welfare Fund Plan:
- Consistent revenue generation, with revenues of $578,269 in 2022.
- Healthy asset growth, increasing from $84,680 in 2018 to $502,120 in 2022.
- No reported lobbying expenses or fundraising costs, suggesting a focused operational model.
Frequently Asked Questions about Guards And Security 1412 Welfare Fund Plan
Is Guards And Security 1412 Welfare Fund Plan a legitimate charity?
Guards And Security 1412 Welfare Fund Plan (EIN: 222325150) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 40/100. It has 12 years of IRS 990 filings on record. Total revenue: $578K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does Guards And Security 1412 Welfare Fund Plan spend its money?
Guards And Security 1412 Welfare Fund Plan reported $578K in total revenue in IRS 990 filings. 12 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Guards And Security 1412 Welfare Fund Plan tax-deductible?
Guards And Security 1412 Welfare Fund Plan is registered as a tax-exempt nonprofit (EIN: 222325150). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Guards And Security 1412 Welfare Fund Plan CEO make?
Guards And Security 1412 Welfare Fund Plan's highest-compensated officer earns $0 annually. The organization reported $578K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Guards And Security 1412 Welfare Fund Plan located?
Guards And Security 1412 Welfare Fund Plan is headquartered in Belleville, New Jersey and files with the IRS under EIN 222325150.
How many years of IRS 990 filings does Guards And Security 1412 Welfare Fund Plan have?
Guards And Security 1412 Welfare Fund Plan has 12 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 $578K in total revenue.
What does Guards And Security 1412 Welfare Fund Plan do?
Guards And Security 1412 Welfare Fund Plan is a nonprofit organization in the Unknown sector, located in Belleville, New Jersey. It is classified under NTEE code Unknown.
How much revenue does Guards And Security 1412 Welfare Fund Plan have?
Guards And Security 1412 Welfare Fund Plan reported total revenue of $578,269. Based on 12 IRS 990 filings on record.
What are Guards And Security 1412 Welfare Fund Plan's total assets?
Guards And Security 1412 Welfare Fund Plan holds total assets of $502,120 as reported in IRS 990 filings.
Where is Guards And Security 1412 Welfare Fund Plan located?
Guards And Security 1412 Welfare Fund Plan is based in Belleville, New Jersey.
What is Guards And Security 1412 Welfare Fund Plan's EIN?
Guards And Security 1412 Welfare Fund Plan's Employer Identification Number (EIN) is 222325150. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Guards And Security 1412 Welfare Fund Plan?
Guards And Security 1412 Welfare Fund Plan is classified under NTEE code Unknown (Unknown).
Is Guards And Security 1412 Welfare Fund Plan a registered 501(c)(3)?
Guards And Security 1412 Welfare Fund Plan appears in IRS records (EIN: 222325150). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Guards And Security 1412 Welfare Fund Plan file IRS Form 990?
Yes, Guards And Security 1412 Welfare Fund Plan has 12 IRS Form 990 filings on record. The most recent covers tax period 202208.
What was Guards And Security 1412 Welfare Fund Plan's revenue in 2022?
In the 202208 filing period, Guards And Security 1412 Welfare Fund Plan reported total revenue of $578,269, total expenses of $492,792, and net assets of $502,120.
Is Guards And Security 1412 Welfare Fund Plan's revenue growing or declining?
Guards And Security 1412 Welfare Fund Plan's revenue is growing. Revenue went from $540,523 (202108) to $578,269 (202208), a +7.0% change. Based on 12 filings on record.
What is Guards And Security 1412 Welfare Fund Plan's most recent 990 filing?
The most recent IRS Form 990 filing for Guards And Security 1412 Welfare Fund Plan covers tax period 202208. It shows revenue of $578,269, expenses of $492,792, total assets of $502,120, and liabilities of N/A.
Is Guards And Security 1412 Welfare Fund Plan a trustworthy charity?
Based on AI analysis of IRS 990 data, Guards And Security 1412 Welfare Fund Plan shows mixed signals. Mission Score: 40/100 (Fair). 2 red flags identified. 3 strengths noted.
What are the red flags for Guards And Security 1412 Welfare Fund Plan?
The following concerns were identified: Zero reported program service expenses, indicating the organization primarily functions as a welfare fund administrator rather than a direct service provider.. High administrative overhead relative to total expenses, with administrative costs making up 100% of reported expenses in 2022 ($492,792 out of $492,792 total expenses).. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Guards And Security 1412 Welfare Fund Plan's strengths?
Positive indicators for Guards And Security 1412 Welfare Fund Plan include: Consistent revenue generation, with revenues of $578,269 in 2022.. Healthy asset growth, increasing from $84,680 in 2018 to $502,120 in 2022.. No reported lobbying expenses or fundraising costs, suggesting a focused operational model.. These findings are derived from AI analysis of the organization's financial filings.
How does Guards And Security 1412 Welfare Fund Plan compensate executives?
Executive compensation is not explicitly detailed in the provided data, as the organization reports $0 in compensation to officers, directors, trustees, and key employees. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'Welfare Fund Plan' designation, how does the organization's financial structure, with zero program expenses, align with its stated purpose of providing welfare benefits?
The organization likely operates by collecting contributions and then disbursing funds for welfare benefits through third-party providers or direct payments that are categorized differently than 'program service expenses' on the 990 form, possibly as administrative or benefit payments not captured under traditional program service lines.
Filing History
IRS 990 filing history for Guards And Security 1412 Welfare Fund Plan showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Guards And Security 1412 Welfare Fund Plan's revenue has declined by 42%, moving from $998K to $578K. Total assets increased by 185.2% over the same period, from $176K to $502K. Total functional expenses fell by 55.7%, from $1.1M to $493K. In its most recent filing year (2022), Guards And Security 1412 Welfare Fund Plan reported a surplus of $85K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $578K | $493K | $502K | $0 | — | View 990 |
| 2021 | $541K | $429K | $417K | $0 | — | View 990 |
| 2020 | $470K | $375K | $307K | $1K | — | — |
| 2019 | $512K | $377K | $216K | $6K | — | View 990 |
| 2018 | $375K | $376K | $85K | $9K | — | View 990 |
| 2017 | $349K | $371K | $90K | $14K | — | View 990 |
| 2016 | $362K | $381K | $106K | $8K | — | View 990 |
| 2015 | $530K | $506K | $125K | $9K | — | View 990 |
| 2014 | $540K | $568K | $137K | $45K | — | View 990 |
| 2013 | $470K | $413K | $160K | $40K | — | View 990 |
| 2012 | $543K | $643K | $69K | $7K | — | View 990 |
| 2011 | $998K | $1.1M | $176K | $14K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $578K, expenses of $493K, and assets of $502K (revenue +7.0% year-over-year).
- 2021: Revenue of $541K, expenses of $429K, and assets of $417K (revenue +15.1% year-over-year).
- 2020: Revenue of $470K, expenses of $375K, and assets of $307K (revenue -8.3% year-over-year).
- 2019: Revenue of $512K, expenses of $377K, and assets of $216K (revenue +36.4% year-over-year).
- 2018: Revenue of $375K, expenses of $376K, and assets of $85K (revenue +7.5% year-over-year).
- 2017: Revenue of $349K, expenses of $371K, and assets of $90K (revenue -3.6% year-over-year).
- 2016: Revenue of $362K, expenses of $381K, and assets of $106K (revenue -31.7% year-over-year).
- 2015: Revenue of $530K, expenses of $506K, and assets of $125K (revenue -1.8% year-over-year).
- 2014: Revenue of $540K, expenses of $568K, and assets of $137K (revenue +15.0% year-over-year).
- 2013: Revenue of $470K, expenses of $413K, and assets of $160K (revenue -13.5% year-over-year).
- 2012: Revenue of $543K, expenses of $643K, and assets of $69K (revenue -45.6% year-over-year).
- 2011: Revenue of $998K, expenses of $1.1M, and assets of $176K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Guards And Security 1412 Welfare Fund Plan:
Data Sources and Methodology
This transparency report for Guards And Security 1412 Welfare Fund Plan 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.