Boilermakers Local Lodge 647 Education Trust

Charity Navigator Rating: 86%, Three-Star out of Four Star rating. This rating reflects a strong emphasis on accountability and finance, indicating that the Boilermakers Local Lodge 647 Education Trust is effectively managing its assets and maintaining transparency in its operations.

The organization scored exceptionally well across various metrics, particularly in its board independence and financial oversight. With 100% of its board members being independent and a robust audit committee in place, the trust demonstrates a commitment to maintaining high governance standards. Additionally, it allocates a significant portion of its expenses—93.66%—directly to programs, showcasing its focus on impactful educational initiatives.

However, while the overall rating is positive, it is calculated solely on the accountability and finance beacon, which could imply a lack of evaluation in other areas such as fundraising or program effectiveness. Despite this limitation, the trust's solid performance in financial management and accountability is commendable and suggests it is a responsible steward of its resources.

This AI summary has been generated from information found on Charity Navigator.

Boilermakers Local Lodge 647 Education Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boilermakers Local Lodge 647 Education Trust submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $359,296

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