Local 7 Ibotu Umd Ila Afl Cio
EIN: 832748561 · Carle Place, NY · NTEE: J40
Is Local 7 Ibotu Umd Ila Afl Cio Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Local 7 Ibotu Umd Ila Afl Cio
Local 7 Ibotu Umd Ila Afl Cio (EIN: 832748561) is a nonprofit organization based in Carle Place, NY, classified under NTEE code J40. The organization reported total revenue of $5.7M and total assets of $3.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Local 7 Ibotu Umd Ila Afl Cio's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Local 7 Ibotu Umd Ila Afl Cio is a mid-size nonprofit that has been operating for 7 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 20.5%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.4M |
| Total Expenses | $3.0M |
| Surplus / Deficit | +$426K |
| Total Assets | $3.1M |
| Net Assets | $3.1M |
| Operating Margin | 12.5% |
| Months of Reserves | 12.5 months |
Financial Health Grade: A
In 2023, Local 7 Ibotu Umd Ila Afl Cio reported a surplus of $426K with revenue exceeding expenses, holds 12.5 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2020–2023), Local 7 Ibotu Umd Ila Afl Cio's revenue has grown at a compound annual growth rate (CAGR) of 20.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.9% | +28.3% | +21.7% |
| 2022 | +9.5% | +58.4% | +27.1% |
| 2021 | +41.6% | +10.9% | +194.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Local 7 Ibotu Umd Ila Afl Cio has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Local 7 Ibotu Umd Ila Afl Cio with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $426K, with revenue exceeding expenses.
Frequently Asked Questions about Local 7 Ibotu Umd Ila Afl Cio
Is Local 7 Ibotu Umd Ila Afl Cio a legitimate charity?
Based on AI analysis of IRS 990 filings, Local 7 Ibotu Umd Ila Afl Cio (EIN: 832748561) insufficient data. 0 red flags identified, 0 strengths noted.
How does Local 7 Ibotu Umd Ila Afl Cio spend its money?
Detailed spending breakdown data is not yet available for Local 7 Ibotu Umd Ila Afl Cio. Check back for updated IRS 990 analysis.
Are donations to Local 7 Ibotu Umd Ila Afl Cio tax-deductible?
Local 7 Ibotu Umd Ila Afl Cio is registered as a tax-exempt nonprofit (EIN: 832748561). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Local 7 Ibotu Umd Ila Afl Cio showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Local 7 Ibotu Umd Ila Afl Cio's revenue has grown by 75%, moving from $1.9M to $3.4M. Total assets increased by 355% over the same period, from $683K to $3.1M. Total functional expenses rose by 125.5%, from $1.3M to $3.0M. In its most recent filing year (2023), Local 7 Ibotu Umd Ila Afl Cio reported a surplus of $426K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.4M | $3.0M | $3.1M | $0 | — | — |
| 2022 | $3.0M | $2.3M | $2.6M | $0 | — | View 990 |
| 2021 | $2.7M | $1.5M | $2.0M | $0 | — | View 990 |
| 2020 | $1.9M | $1.3M | $683K | $0 | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $3.4M, expenses of $3.0M, and assets of $3.1M (revenue +12.9% year-over-year).
- 2022: Revenue of $3.0M, expenses of $2.3M, and assets of $2.6M (revenue +9.5% year-over-year).
- 2021: Revenue of $2.7M, expenses of $1.5M, and assets of $2.0M (revenue +41.6% year-over-year).
- 2020: Revenue of $1.9M, expenses of $1.3M, and assets of $683K.
Data Sources and Methodology
This transparency report for Local 7 Ibotu Umd Ila Afl Cio 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.