Z — UnclassifiedEIN: 236280075· Ruling Year: 1967

Plumbers 520 Health & Welfare Fund

Troy, Michigan

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

Working Capital Ratio (net assets ÷ expenses)

This Org1.07×
Peer Median5.86×
💰
$23.3M
Total Revenue
📊
$22.2M
Total Expenses
🏦
$23.7M
Net Assets
📋
$242K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-7.4%
Year-over-year change (2022 → 2023)
Net Margin
+4.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.07
Net assets divided by total expenses
Liabilities-to-Assets
1.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$23,299,631↓7%$22,246,568↓4%$23,938,945↑4%
2022$25,169,868↑7%$23,150,794↑26%$22,911,632
2021$23,538,629↑12%$18,315,597↓27%$0↓100%
2020$20,926,895↓2%$24,921,850↑7%$17,098,203↓25%
2019$21,410,905↓28%$23,342,968↓16%$22,892,768↓3%
2018$29,575,068↑35%$27,829,345↑26%$23,636,967↑7%
2017$21,971,238↑14%$22,021,358↑6%$22,094,949↑6%
2016$19,246,058↓6%$20,723,627$20,899,903↓7%
2015$20,533,790↑10%$20,663,045↑18%$22,540,169↑1%
2014$18,659,912↑12%$17,505,949↓1%$22,285,499↑2%
2013$16,649,999↓14%$17,707,164↑7%$21,778,050↓7%
2012$19,272,452↑16%$16,488,331↑7%$23,402,000↑14%
2011$16,560,704$15,454,388$20,499,776

Frequently Asked Questions

What does Plumbers 520 Health & Welfare Fund do?▼

Plumbers 520 Health & Welfare Fund is a unclassified nonprofit organization based in Michigan. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Plumbers 520 Health & Welfare Fund financially healthy?▼

Based on our 9-metric Financial Health Score model, Plumbers 520 Health & Welfare 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 Plumbers 520 Health & Welfare Fund generate?▼

Plumbers 520 Health & Welfare Fund reports $28.7M in annual revenue and holds $31.4M in total assets, based on IRS filings.

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