BEducationEIN: 113078707· Ruling Year: 2016

Ibew Local 1049 Craft Division Skill Improvement Fund

Holtsville, New York

BHealth Score
61B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 4 peers in Education with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org6.48×
Peer Median20.77×
💰
$2.2M
Total Revenue
📊
$2.4M
Total Expenses
🏦
$15.8M
Net Assets
📋
$220K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+14.8%
Year-over-year change (2022 → 2023)
Net Margin
-9.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
6.48
Net assets divided by total expenses
Liabilities-to-Assets
1.4%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$2,229,32715%$2,434,131$15,990,1076%
2022$1,941,83849%$2,440,0458%$15,015,74614%
2021$3,796,27614%$2,659,21018%$17,407,4698%
2020$4,433,32945%$2,259,0249%$16,067,22619%
2019$3,066,1415%$2,074,8323%$13,459,62415%
2018$3,241,8786%$2,128,63227%$11,697,2234%
2017$3,061,59647%$1,672,25433%$11,283,62917%
2016$2,076,67068%$1,255,88734%$9,626,93314%
2015$1,234,12651%$939,37140%$8,442,32214%
2012$2,493,90943%$672,7501%$7,420,72537%
2011$1,741,580$681,747$5,420,352

Frequently Asked Questions

What does Ibew Local 1049 Craft Division Skill Improvement Fund do?

Ibew Local 1049 Craft Division Skill Improvement Fund is a education nonprofit organization based in New York. It is classified under NTEE code B30 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Ibew Local 1049 Craft Division Skill Improvement Fund financially healthy?

Based on our 9-metric Financial Health Score model, Ibew Local 1049 Craft Division Skill Improvement Fund has a score of 61/100 (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 Ibew Local 1049 Craft Division Skill Improvement Fund generate?

Ibew Local 1049 Craft Division Skill Improvement Fund reports $3.3M in annual revenue and holds $16.9M in total assets, based on IRS filings.

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