ZUnclassifiedEIN: 386058846· Ruling Year: 1959

Heat & Frost Insulators & Allied Workers Local 47 Welfare Fund

Lansing, Michigan

B-Health Score
48B-

Financial Health Score

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

Average

How This Organization Compares

Compared to 22 peers in Unclassified with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.80×
Peer Median15.40×
💰
$3.8M
Total Revenue
📊
$3.9M
Total Expenses
🏦
$3.2M
Net Assets
📋
$2.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-3.6%
Year-over-year change (2022 → 2023)
Net Margin
-4.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.80
Net assets divided by total expenses
Liabilities-to-Assets
43.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$3,758,8174%$3,938,6548%$5,584,3998%
2022$3,897,95411%$4,258,66936%$5,147,10024%
2021$3,506,76713%$3,137,1298%$6,766,40913%
2020$3,096,0935%$3,428,0003%$6,001,3141%
2019$3,242,4967%$3,529,44220%$6,060,7074%
2018$3,476,8237%$2,952,00110%$5,829,3711%
2017$3,241,3794%$3,285,10110%$5,771,6424%
2016$3,386,55114%$3,643,3799%$5,526,059
2015$2,975,3902%$3,342,19111%$5,530,0437%
2014$3,046,0473%$3,739,5354%$5,968,24610%
2013$2,966,08211%$3,905,72145%$6,645,23010%
2012$3,331,6724%$2,696,80213%$7,410,4247%
2011$3,470,307$3,098,444$6,936,300

Frequently Asked Questions

What does Heat & Frost Insulators & Allied Workers Local 47 Welfare Fund do?

Heat & Frost Insulators & Allied Workers Local 47 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 Heat & Frost Insulators & Allied Workers Local 47 Welfare Fund financially healthy?

Based on our 9-metric Financial Health Score model, Heat & Frost Insulators & Allied Workers Local 47 Welfare Fund has a score of 48/100 (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 Heat & Frost Insulators & Allied Workers Local 47 Welfare Fund generate?

Heat & Frost Insulators & Allied Workers Local 47 Welfare Fund reports $5.9M in annual revenue and holds $7.3M in total assets, based on IRS filings.

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