ZUnclassifiedEIN: 111586595· Ruling Year: 1953

Local 1205 Welfare Plan

Farmingdale, New York

B+Health Score
70B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.64×
Peer Median5.86×
💰
$18.7M
Total Revenue
📊
$19.3M
Total Expenses
🏦
$31.6M
Net Assets
📋
$4.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+2.9%
Year-over-year change (2022 → 2023)
Net Margin
-3.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.64
Net assets divided by total expenses
Liabilities-to-Assets
12.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$18,673,1943%$19,292,40313%$36,055,7497%
2022$18,148,8975%$17,016,1392%$33,639,3247%
2021$17,332,52617%$17,434,65911%$36,169,56818%
2020$20,830,744$19,594,4024%$30,629,4716%
2019$20,885,3944%$20,467,5389%$28,921,8215%
2018$20,067,0237%$22,370,9215%$27,476,7284%
2017$21,612,10423%$23,534,8505%$28,724,9147%
2016$17,604,1031%$22,454,64115%$31,041,95511%
2015$17,814,6231%$19,585,52516%$35,039,799
2014$17,675,83910%$16,872,7572%$34,925,65511%
2013$16,136,3925%$16,609,6117%$31,377,2451%
2012$17,074,94614%$17,806,03538%$31,044,8962%
2011$14,976,973$12,864,906$31,715,184

Frequently Asked Questions

What does Local 1205 Welfare Plan do?

Local 1205 Welfare Plan is a unclassified nonprofit organization based in New York. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Local 1205 Welfare Plan financially healthy?

Based on our 9-metric Financial Health Score model, Local 1205 Welfare Plan has a score of 70/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Local 1205 Welfare Plan generate?

Local 1205 Welfare Plan reports $19.2M in annual revenue and holds $38.7M in total assets, based on IRS filings.

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