ZUnclassifiedEIN: 111831226· Ruling Year: 1958

Building Services Local 2 Welfare Fund

Ozone Park, 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 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org6.66×
Peer Median15.40×
💰
$6.5M
Total Revenue
📊
$3.6M
Total Expenses
🏦
$23.9M
Net Assets
📋
$70K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+9.6%
Year-over-year change (2022 → 2023)
Net Margin
+44.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
6.66
Net assets divided by total expenses
Liabilities-to-Assets
0.3%
Total liabilities as % of total assets

Filing History

12 filings on record
YearRevenueExpensesAssets
2023$6,495,39210%$3,582,8837%$23,926,49321%
2022$5,928,85821%$3,861,49111%$19,840,0921%
2021$7,504,2804%$4,350,7814%$19,605,36213%
2020$7,208,76017%$4,180,4246%$17,411,85428%
2019$6,150,9808%$4,436,66145%$13,603,47015%
2018$5,694,4976%$3,055,09630%$11,806,64425%
2017$5,359,5521%$4,355,82212%$9,463,16113%
2015$5,392,0791%$4,963,68817%$8,402,6876%
2014$5,351,8569%$4,233,4682%$7,962,11916%
2013$4,907,1659%$4,151,809$6,855,21312%
2012$4,497,82014%$4,137,93410%$6,106,8887%
2011$3,957,270$3,766,297$5,725,348

Frequently Asked Questions

What does Building Services Local 2 Welfare Fund do?

Building Services Local 2 Welfare Fund 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 Building Services Local 2 Welfare Fund financially healthy?

Based on our 9-metric Financial Health Score model, Building Services Local 2 Welfare Fund 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 Building Services Local 2 Welfare Fund generate?

Building Services Local 2 Welfare Fund reports $7.4M in annual revenue and holds $28.1M in total assets, based on IRS filings.

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