Mamaroneck Teachers Association Welfare Trust Fund
Mamaroneck Teachers Association Welfare Trust Fund: Consistent Revenue, Declining Assets
EIN: 222352860 · Wallingford, CT · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.2M |
| CEO/Top Officer Pay | $0 |
| Net Assets | $781K |
| Transparency Score | 65/100 |
Is Mamaroneck Teachers Association Welfare Trust Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Mamaroneck Teachers Association Welfare Trust Fund
Mamaroneck Teachers Association Welfare Trust Fund (EIN: 222352860) is a nonprofit organization based in Wallingford, CT. The organization reported total revenue of $1.3M and total assets of $977K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Mamaroneck Teachers Association Welfare Trust Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Mamaroneck Teachers Association Welfare Trust Fund is a mid-size nonprofit that has been operating for 43 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 0.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.2M |
| Surplus / Deficit | $-114,609 |
| Total Assets | $888K |
| Total Liabilities | $107K |
| Net Assets | $781K |
| Operating Margin | -10.6% |
| Debt-to-Asset Ratio | 12.0% |
| Months of Reserves | 8.9 months |
Financial Health Grade: B
In 2023, Mamaroneck Teachers Association Welfare Trust Fund reported a deficit of $115K with expenses exceeding revenue, holds 8.9 months of operating reserves (strong position), has a debt-to-asset ratio of 12.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Mamaroneck Teachers Association Welfare Trust Fund's revenue has grown at a compound annual growth rate (CAGR) of 0.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +3.3% | +1.7% | -12.4% |
| 2022 | +0.3% | -7.8% | -16.0% |
| 2021 | -2.4% | +26.8% | -9.4% |
| 2020 | -12.9% | -11.7% | +5.0% |
| 2019 | +3.4% | +5.6% | +6.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1200 |
| IRS Ruling Date | 1983 |
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 Mamaroneck Teachers Association Welfare Trust Fund with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 0%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Mamaroneck Teachers Association Welfare Trust Fund allocates its expenses as follows: admin: 0%, programs: 0%, fundraising: 0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $115K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.0%.
Executive Compensation Analysis
Executive compensation is consistently reported as $0 across all available filings, indicating no paid executives or that compensation is handled outside of direct reporting.
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 Mamaroneck Teachers Association Welfare Trust Fund's IRS 990 filings:
- Consistent reporting of 0% for program, administrative, and fundraising expenses, and 0% compensation, raises questions about how operational costs are covered or if the entity is purely a pass-through.
- A significant decline in assets from $1,331,551 in 2020 to $888,411 in 2023 without corresponding reported expenses or program activities.
- The nature of 'welfare trust fund' with no reported expenses for programs or administration is unusual and warrants further investigation into its operational model.
Strengths
The following positive indicators were identified for Mamaroneck Teachers Association Welfare Trust Fund:
- Consistent revenue generation over multiple years, indicating a stable funding base.
- No reported executive compensation, suggesting a lean operational structure or volunteer-led management.
Frequently Asked Questions about Mamaroneck Teachers Association Welfare Trust Fund
Is Mamaroneck Teachers Association Welfare Trust Fund a legitimate charity?
Mamaroneck Teachers Association Welfare Trust Fund (EIN: 222352860) is a registered tax-exempt nonprofit based in Connecticut. Our AI analysis gives it a Mission Score of 65/100. It has 13 years of IRS 990 filings on record. Total revenue: $1.3M. 3 red flags identified. 2 strengths noted. Financial health grade: B.
How does Mamaroneck Teachers Association Welfare Trust Fund spend its money?
Mamaroneck Teachers Association Welfare Trust Fund reported $1.3M in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Mamaroneck Teachers Association Welfare Trust Fund tax-deductible?
Mamaroneck Teachers Association Welfare Trust Fund is registered as a tax-exempt nonprofit (EIN: 222352860). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Mamaroneck Teachers Association Welfare Trust Fund CEO make?
Mamaroneck Teachers Association Welfare Trust Fund's highest-compensated officer earns $0 annually. The organization reported $1.3M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
Where is Mamaroneck Teachers Association Welfare Trust Fund located?
Mamaroneck Teachers Association Welfare Trust Fund is headquartered in Wallingford, Connecticut and files with the IRS under EIN 222352860.
How many years of IRS 990 filings does Mamaroneck Teachers Association Welfare Trust Fund have?
Mamaroneck Teachers Association Welfare Trust 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 $1.3M in total revenue.
What does Mamaroneck Teachers Association Welfare Trust Fund do?
Mamaroneck Teachers Association Welfare Trust Fund is a nonprofit organization in the Unknown sector, located in Wallingford, Connecticut. It is classified under NTEE code Unknown.
How much revenue does Mamaroneck Teachers Association Welfare Trust Fund have?
Mamaroneck Teachers Association Welfare Trust Fund reported total revenue of $1,289,817. Based on 13 IRS 990 filings on record.
What are Mamaroneck Teachers Association Welfare Trust Fund's total assets?
Mamaroneck Teachers Association Welfare Trust Fund holds total assets of $977,086 as reported in IRS 990 filings.
Where is Mamaroneck Teachers Association Welfare Trust Fund located?
Mamaroneck Teachers Association Welfare Trust Fund is based in Wallingford, Connecticut.
What is Mamaroneck Teachers Association Welfare Trust Fund's EIN?
Mamaroneck Teachers Association Welfare Trust Fund's Employer Identification Number (EIN) is 222352860. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Mamaroneck Teachers Association Welfare Trust Fund?
Mamaroneck Teachers Association Welfare Trust Fund is classified under NTEE code Unknown (Unknown).
Is Mamaroneck Teachers Association Welfare Trust Fund a registered 501(c)(3)?
Mamaroneck Teachers Association Welfare Trust Fund appears in IRS records (EIN: 222352860). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Mamaroneck Teachers Association Welfare Trust Fund file IRS Form 990?
Yes, Mamaroneck Teachers Association Welfare Trust Fund has 13 IRS Form 990 filings on record. The most recent covers tax period 202306.
What was Mamaroneck Teachers Association Welfare Trust Fund's revenue in 2023?
In the 202306 filing period, Mamaroneck Teachers Association Welfare Trust Fund reported total revenue of $1,080,671, total expenses of $1,195,280, and net assets of $888,411.
Is Mamaroneck Teachers Association Welfare Trust Fund's revenue growing or declining?
Mamaroneck Teachers Association Welfare Trust Fund's revenue is relatively stable. Revenue went from $1,045,885 (202206) to $1,080,671 (202306), a +3.3% change. Based on 13 filings on record.
What is Mamaroneck Teachers Association Welfare Trust Fund's most recent 990 filing?
The most recent IRS Form 990 filing for Mamaroneck Teachers Association Welfare Trust Fund covers tax period 202306. It shows revenue of $1,080,671, expenses of $1,195,280, total assets of $888,411, and liabilities of $106,926.
Is Mamaroneck Teachers Association Welfare Trust Fund a trustworthy charity?
Based on AI analysis of IRS 990 data, Mamaroneck Teachers Association Welfare Trust Fund shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 2 strengths noted.
What are the red flags for Mamaroneck Teachers Association Welfare Trust Fund?
The following concerns were identified: Consistent reporting of 0% for program, administrative, and fundraising expenses, and 0% compensation, raises questions about how operational costs are covered or if the entity is purely a pass-through.. A significant decline in assets from $1,331,551 in 2020 to $888,411 in 2023 without corresponding reported expenses or program activities.. The nature of 'welfare trust fund' with no reported expenses for programs or administration is unusual and warrants further investigation into its operational model.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Mamaroneck Teachers Association Welfare Trust Fund's strengths?
Positive indicators for Mamaroneck Teachers Association Welfare Trust Fund include: Consistent revenue generation over multiple years, indicating a stable funding base.. No reported executive compensation, suggesting a lean operational structure or volunteer-led management.. These findings are derived from AI analysis of the organization's financial filings.
How does Mamaroneck Teachers Association Welfare Trust Fund compensate executives?
Executive compensation is consistently reported as $0 across all available filings, indicating no paid executives or that compensation is handled outside of direct reporting. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the consistent reporting of $0 for all expenses (program, admin, fundraising) and compensation, how does the Mamaroneck Teachers Association Welfare Trust Fund operate and cover any implicit or explicit costs?
The consistent $0 reporting suggests the fund may operate as a pure pass-through entity, with administrative functions and costs potentially absorbed by the Mamaroneck Teachers Association itself, or through a fully volunteer-based structure where no direct expenses are incurred by the trust fund itself.
What factors contributed to the significant decline in assets from $1,331,551 in 2020 to $888,411 in 2023, especially without reported expenses?
The decline in assets, despite consistent revenue and no reported expenses, could be due to distributions made to beneficiaries that are not categorized as 'expenses' in the traditional sense on the 990-EZ, or due to investment losses not explicitly detailed in the provided summary data.
Filing History
IRS 990 filing history for Mamaroneck Teachers Association Welfare Trust Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Mamaroneck Teachers Association Welfare Trust Fund's revenue has grown by 10.5%, moving from $978K to $1.1M. Total assets increased by 60.7% over the same period, from $553K to $888K. Total functional expenses rose by 37.1%, from $872K to $1.2M. In its most recent filing year (2023), Mamaroneck Teachers Association Welfare Trust Fund reported a deficit of $115K, with expenses exceeding revenue. The organization holds $107K in liabilities against $888K in assets (debt-to-asset ratio: 12.0%), resulting in net assets of $781K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $1.2M | $888K | $107K | — | — |
| 2022 | $1.0M | $1.2M | $1.0M | $119K | — | View 990 |
| 2021 | $1.0M | $1.3M | $1.2M | $181K | — | — |
| 2020 | $1.1M | $1.0M | $1.3M | $73K | — | — |
| 2019 | $1.2M | $1.1M | $1.3M | $72K | — | View 990 |
| 2018 | $1.2M | $1.1M | $1.2M | $81K | — | View 990 |
| 2017 | $1.2M | $1.2M | $1.1M | $111K | — | View 990 |
| 2016 | $1.2M | $1.1M | $1.1M | $105K | — | View 990 |
| 2015 | $1.1M | $1.0M | $1.0M | $90K | — | View 990 |
| 2014 | $1.1M | $1.0M | $868K | $51K | — | View 990 |
| 2013 | $1.0M | $929K | $832K | $48K | — | View 990 |
| 2012 | $1.0M | $872K | $700K | $34K | — | View 990 |
| 2011 | $978K | $872K | $553K | $46K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $1.2M, and assets of $888K (revenue +3.3% year-over-year).
- 2022: Revenue of $1.0M, expenses of $1.2M, and assets of $1.0M (revenue +0.3% year-over-year).
- 2021: Revenue of $1.0M, expenses of $1.3M, and assets of $1.2M (revenue -2.4% year-over-year).
- 2020: Revenue of $1.1M, expenses of $1.0M, and assets of $1.3M (revenue -12.9% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.1M, and assets of $1.3M (revenue +3.4% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.1M, and assets of $1.2M (revenue +3.0% year-over-year).
- 2017: Revenue of $1.2M, expenses of $1.2M, and assets of $1.1M (revenue +0.1% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.1M, and assets of $1.1M (revenue +1.3% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.0M, and assets of $1.0M (revenue +5.7% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.0M, and assets of $868K (revenue +2.6% year-over-year).
- 2013: Revenue of $1.0M, expenses of $929K, and assets of $832K (revenue +1.5% year-over-year).
- 2012: Revenue of $1.0M, expenses of $872K, and assets of $700K (revenue +5.5% year-over-year).
- 2011: Revenue of $978K, expenses of $872K, and assets of $553K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Mamaroneck Teachers Association Welfare Trust Fund:
Data Sources and Methodology
This transparency report for Mamaroneck Teachers Association Welfare Trust 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.