BEducationEIN: 132954115· Ruling Year: 1978

Sheet Metal Workers Local Union No 28 Education Fund

Jamaica, New York

B+Health Score
68B+

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

Working Capital Ratio (net assets ÷ expenses)

This Org3.85×
Peer Median20.77×
💰
$5.4M
Total Revenue
📊
$3.9M
Total Expenses
🏦
$15.1M
Net Assets
📋
$10.0M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+12.1%
Year-over-year change (2022 → 2023)
Net Margin
+27.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.85
Net assets divided by total expenses
Liabilities-to-Assets
39.8%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$5,401,29812%$3,926,25114%$25,088,65526%
2022$4,819,44310%$3,429,1142%$19,979,17658%
2021$5,378,41736%$3,505,1186%$12,641,25310%
2020$3,963,57018%$3,731,3578%$11,537,19313%
2019$4,816,3096%$4,072,8473%$10,245,9348%
2018$5,099,39612%$3,939,53011%$9,515,96615%
2017$4,564,2112%$3,563,4624%$8,288,46014%
2016$4,477,34115%$3,442,50317%$7,301,48316%
2015$3,885,2255%$2,949,3786%$6,277,87714%
2014$4,092,60628%$2,785,3404%$5,516,89431%
2013$3,204,43618%$2,889,39510%$4,201,82620%
2012$3,890,54445%$2,623,55225%$3,516,09220%
2011$2,688,823$2,098,647$4,392,870

Frequently Asked Questions

What does Sheet Metal Workers Local Union No 28 Education Fund do?

Sheet Metal Workers Local Union No 28 Education 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 Sheet Metal Workers Local Union No 28 Education Fund financially healthy?

Based on our 9-metric Financial Health Score model, Sheet Metal Workers Local Union No 28 Education Fund has a score of 68/100 (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 Local Union No 28 Education Fund generate?

Sheet Metal Workers Local Union No 28 Education Fund reports $5.5M in annual revenue and holds $25.5M in total assets, based on IRS filings.

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