Teamsters Local Union No 25 Legal Plan
Teamsters Local 25 Legal Plan: Stable Finances, Low Overhead
EIN: 223032476 · Boston, MA · Updated: 2026-04-04
| Metric | Value |
|---|---|
| Total Revenue | $1.4M |
| Total Expenses | $1.1M |
| Program Spending | 95% |
| Net Assets | $465K |
| Transparency Score | 75/100 |
Is Teamsters Local Union No 25 Legal Plan Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Teamsters Local Union No 25 Legal Plan directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Teamsters Local Union No 25 Legal Plan
Teamsters Local Union No 25 Legal Plan (EIN: 223032476) is a nonprofit organization based in Boston, MA. The organization reported total revenue of $1.4M and total assets of $528K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Teamsters Local Union No 25 Legal Plan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Teamsters Local Union No 25 Legal Plan is a mid-size nonprofit that has been operating for 29 years, with 12 years of IRS 990 filings on record (2011–2022). Revenue has grown at a compound annual rate of 6.8%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.1M |
| Surplus / Deficit | +$53K |
| Total Assets | $495K |
| Total Liabilities | $30K |
| Net Assets | $465K |
| Operating Margin | 4.4% |
| Debt-to-Asset Ratio | 6.0% |
| Months of Reserves | 5.2 months |
Financial Health Grade: A
In 2022, Teamsters Local Union No 25 Legal Plan reported a surplus of $53K with revenue exceeding expenses, holds 5.2 months of operating reserves (adequate), has a debt-to-asset ratio of 6.0% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2022), Teamsters Local Union No 25 Legal Plan's revenue has grown at a compound annual growth rate (CAGR) of 6.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | +25.3% | +17.7% | +12.9% |
| 2021 | -0.1% | -2.2% | +0.7% |
| 2020 | -13.7% | -9.8% | +5.6% |
| 2019 | -4.7% | -3.3% | +4.1% |
| 2018 | +16.8% | +23.3% | +10.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
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 Teamsters Local Union No 25 Legal Plan with a Mission Score of 75 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: 3%
- programs: 95%
- fundraising: 2%
According to IRS 990 filings, Teamsters Local Union No 25 Legal Plan allocates its expenses as follows: admin: 3%, programs: 95%, fundraising: 2%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $53K, with revenue exceeding expenses.
- Debt-to-asset ratio: 6.0%.
Executive Compensation Analysis
Executive compensation is not reported in the provided data, suggesting it is either minimal, non-existent, or below reporting thresholds for this type of legal plan.
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.
Strengths
The following positive indicators were identified for Teamsters Local Union No 25 Legal Plan:
- Consistent revenue generation over multiple years, indicating stable member support.
- Very low administrative and fundraising overhead, maximizing resources for program services.
- Healthy asset base relative to annual expenses, providing financial stability.
Frequently Asked Questions about Teamsters Local Union No 25 Legal Plan
Is Teamsters Local Union No 25 Legal Plan a legitimate charity?
Based on AI analysis of IRS 990 filings, Teamsters Local Union No 25 Legal Plan (EIN: 223032476) appears legitimate. Mission Score: 75/100. 0 red flags identified, 3 strengths noted.
How does Teamsters Local Union No 25 Legal Plan spend its money?
Teamsters Local Union No 25 Legal Plan directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Teamsters Local Union No 25 Legal Plan tax-deductible?
Teamsters Local Union No 25 Legal Plan is registered as a tax-exempt nonprofit (EIN: 223032476). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of Teamsters Local Union No 25 Legal Plan's spending goes to programs?
Teamsters Local Union No 25 Legal Plan directs 95% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is Teamsters Local Union No 25 Legal Plan located?
Teamsters Local Union No 25 Legal Plan is headquartered in Boston, Massachusetts and files with the IRS under EIN 223032476.
How many years of IRS 990 filings does Teamsters Local Union No 25 Legal Plan have?
Teamsters Local Union No 25 Legal 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 $1.4M in total revenue.
What does Teamsters Local Union No 25 Legal Plan do?
Teamsters Local Union No 25 Legal Plan is a nonprofit organization in the Unknown sector, located in Boston, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does Teamsters Local Union No 25 Legal Plan have?
Teamsters Local Union No 25 Legal Plan reported total revenue of $1,434,261. Based on 12 IRS 990 filings on record.
What are Teamsters Local Union No 25 Legal Plan's total assets?
Teamsters Local Union No 25 Legal Plan holds total assets of $527,891 as reported in IRS 990 filings.
Where is Teamsters Local Union No 25 Legal Plan located?
Teamsters Local Union No 25 Legal Plan is based in Boston, Massachusetts.
What is Teamsters Local Union No 25 Legal Plan's EIN?
Teamsters Local Union No 25 Legal Plan's Employer Identification Number (EIN) is 223032476. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Teamsters Local Union No 25 Legal Plan?
Teamsters Local Union No 25 Legal Plan is classified under NTEE code Unknown (Unknown).
Is Teamsters Local Union No 25 Legal Plan a registered 501(c)(3)?
Teamsters Local Union No 25 Legal Plan appears in IRS records (EIN: 223032476). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Teamsters Local Union No 25 Legal Plan file IRS Form 990?
Yes, Teamsters Local Union No 25 Legal Plan has 12 IRS Form 990 filings on record. The most recent covers tax period 202212.
What was Teamsters Local Union No 25 Legal Plan's revenue in 2022?
In the 202212 filing period, Teamsters Local Union No 25 Legal Plan reported total revenue of $1,183,960, total expenses of $1,131,368, and net assets of $494,602.
Is Teamsters Local Union No 25 Legal Plan's revenue growing or declining?
Teamsters Local Union No 25 Legal Plan's revenue is growing. Revenue went from $945,009 (202112) to $1,183,960 (202212), a +25.3% change. Based on 12 filings on record.
What is Teamsters Local Union No 25 Legal Plan's most recent 990 filing?
The most recent IRS Form 990 filing for Teamsters Local Union No 25 Legal Plan covers tax period 202212. It shows revenue of $1,183,960, expenses of $1,131,368, total assets of $494,602, and liabilities of $29,521.
How much does Teamsters Local Union No 25 Legal Plan spend on programs vs administration?
Based on IRS 990 analysis, Teamsters Local Union No 25 Legal Plan allocates approximately 95% of expenses to program services, 3% to administrative costs, and 2% to fundraising. This indicates strong program focus.
Is Teamsters Local Union No 25 Legal Plan a trustworthy charity?
Based on AI analysis of IRS 990 data, Teamsters Local Union No 25 Legal Plan appears trustworthy. Mission Score: 75/100 (Good). No red flags identified. 3 strengths noted.
What are Teamsters Local Union No 25 Legal Plan's strengths?
Positive indicators for Teamsters Local Union No 25 Legal Plan include: Consistent revenue generation over multiple years, indicating stable member support.. Very low administrative and fundraising overhead, maximizing resources for program services.. Healthy asset base relative to annual expenses, providing financial stability.. These findings are derived from AI analysis of the organization's financial filings.
How does Teamsters Local Union No 25 Legal Plan compensate executives?
Executive compensation is not reported in the provided data, suggesting it is either minimal, non-existent, or below reporting thresholds for this type of legal plan. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the 'Legal Plan' designation, what specific legal services are provided to members, and how are these services quantified as 'programs' in their spending breakdown?
The data indicates a high percentage of spending on 'programs' (95%), which for a legal plan would typically encompass direct legal representation, advice, and related services provided to members. The specific types of legal services (e.g., family law, estate planning, litigation) would need to be detailed in their operational documents or Form 990 program service accomplishments.
Filing History
IRS 990 filing history for Teamsters Local Union No 25 Legal Plan showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2022), Teamsters Local Union No 25 Legal Plan's revenue has grown by 106.3%, moving from $574K to $1.2M. Total assets increased by 122.5% over the same period, from $222K to $495K. Total functional expenses rose by 87.6%, from $603K to $1.1M. In its most recent filing year (2022), Teamsters Local Union No 25 Legal Plan reported a surplus of $53K, with revenue exceeding expenses. The organization holds $30K in liabilities against $495K in assets (debt-to-asset ratio: 6.0%), resulting in net assets of $465K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $1.2M | $1.1M | $495K | $30K | — | — |
| 2021 | $945K | $961K | $438K | $26K | — | View 990 |
| 2020 | $946K | $982K | $435K | $139K | — | View 990 |
| 2019 | $1.1M | $1.1M | $412K | $80K | — | — |
| 2018 | $1.2M | $1.1M | $396K | $71K | — | View 990 |
| 2017 | $985K | $913K | $360K | $59K | — | View 990 |
| 2016 | $902K | $867K | $371K | $143K | — | View 990 |
| 2015 | $842K | $845K | $372K | $180K | — | View 990 |
| 2014 | $799K | $801K | $374K | $179K | — | View 990 |
| 2013 | $755K | $746K | $405K | $209K | — | View 990 |
| 2012 | $591K | $579K | $244K | $56K | — | View 990 |
| 2011 | $574K | $603K | $222K | $46K | — | View 990 |
Year-by-Year Financial Summary
- 2022: Revenue of $1.2M, expenses of $1.1M, and assets of $495K (revenue +25.3% year-over-year).
- 2021: Revenue of $945K, expenses of $961K, and assets of $438K (revenue -0.1% year-over-year).
- 2020: Revenue of $946K, expenses of $982K, and assets of $435K (revenue -13.7% year-over-year).
- 2019: Revenue of $1.1M, expenses of $1.1M, and assets of $412K (revenue -4.7% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.1M, and assets of $396K (revenue +16.8% year-over-year).
- 2017: Revenue of $985K, expenses of $913K, and assets of $360K (revenue +9.2% year-over-year).
- 2016: Revenue of $902K, expenses of $867K, and assets of $371K (revenue +7.2% year-over-year).
- 2015: Revenue of $842K, expenses of $845K, and assets of $372K (revenue +5.4% year-over-year).
- 2014: Revenue of $799K, expenses of $801K, and assets of $374K (revenue +5.9% year-over-year).
- 2013: Revenue of $755K, expenses of $746K, and assets of $405K (revenue +27.7% year-over-year).
- 2012: Revenue of $591K, expenses of $579K, and assets of $244K (revenue +3.0% year-over-year).
- 2011: Revenue of $574K, expenses of $603K, and assets of $222K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Teamsters Local Union No 25 Legal Plan:
Data Sources and Methodology
This transparency report for Teamsters Local Union No 25 Legal 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.