ZUnclassifiedEIN: 131739693· Ruling Year: 1949

Sheet Metal Workers-38 Insurance And Welfare Fund

Brewster, New York

B+Health Score
74B+

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 Org1.16×
Peer Median5.86×
💰
$14.0M
Total Revenue
📊
$13.3M
Total Expenses
🏦
$15.5M
Net Assets
📋
$1.8M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-1.3%
Year-over-year change (2022 → 2023)
Net Margin
+4.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.16
Net assets divided by total expenses
Liabilities-to-Assets
10.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$13,979,9551%$13,322,4535%$17,237,8899%
2022$14,162,75710%$12,690,1788%$15,766,32714%
2021$12,876,4529%$13,855,27817%$18,248,0293%
2020$11,769,86313%$11,888,1822%$18,723,4095%
2019$13,497,75313%$12,136,1283%$17,783,27919%
2018$11,953,0124%$11,770,3223%$14,930,6967%
2017$12,391,21659%$12,137,7189%$15,973,5957%
2016$7,799,73724%$11,157,2543%$14,905,67219%
2015$10,225,60119%$11,456,14017%$18,382,4515%
2014$8,618,9383%$9,790,24910%$19,281,2086%
2013$8,847,5965%$8,870,0325%$20,515,8931%
2012$8,398,1708%$8,409,4424%$20,334,5206%
2011$9,096,599$8,791,505$19,241,591

Frequently Asked Questions

What does Sheet Metal Workers-38 Insurance And Welfare Fund do?

Sheet Metal Workers-38 Insurance And 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 Sheet Metal Workers-38 Insurance And Welfare Fund financially healthy?

Based on our 9-metric Financial Health Score model, Sheet Metal Workers-38 Insurance And Welfare Fund has a score of 74/100 (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 Sheet Metal Workers-38 Insurance And Welfare Fund generate?

Sheet Metal Workers-38 Insurance And Welfare Fund reports $14.8M in annual revenue and holds $17.1M in total assets, based on IRS filings.

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