ZUnclassifiedEIN: 596134275· Ruling Year: 1960

Plumbers And Pipefitters Local 123 Welfare Fund

Jacksonville, Florida

B+Health Score
67B+

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

Working Capital Ratio (net assets ÷ expenses)

This Org2.71×
Peer Median15.40×
💰
$6.8M
Total Revenue
📊
$5.6M
Total Expenses
🏦
$15.1M
Net Assets
📋
$74K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+20.0%
Year-over-year change (2022 → 2023)
Net Margin
+18.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.71
Net assets divided by total expenses
Liabilities-to-Assets
0.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,832,00820%$5,592,51614%$15,208,70516%
2022$5,693,02114%$4,909,34118%$13,144,6925%
2021$6,651,3588%$4,171,89423%$13,848,68622%
2020$6,139,2227%$5,389,43014%$11,353,8077%
2019$6,609,45020%$4,742,3211%$10,622,31222%
2018$5,521,5955%$4,714,7031%$8,739,61710%
2017$5,841,72111%$4,781,6165%$7,955,52915%
2016$5,249,8217%$5,059,059$6,888,7443%
2015$4,902,1928%$5,035,5115%$6,677,2152%
2014$4,529,4725%$5,302,82144%$6,810,50610%
2013$4,318,5162%$3,680,39115%$7,575,2429%
2012$4,391,79116%$4,348,80313%$6,938,065
2011$3,787,429$3,837,352$6,914,795

Frequently Asked Questions

What does Plumbers And Pipefitters Local 123 Welfare Fund do?

Plumbers And Pipefitters Local 123 Welfare Fund is a unclassified nonprofit organization based in Florida. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Plumbers And Pipefitters Local 123 Welfare Fund financially healthy?

Based on our 9-metric Financial Health Score model, Plumbers And Pipefitters Local 123 Welfare Fund has a score of 67/100 (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 And Pipefitters Local 123 Welfare Fund generate?

Plumbers And Pipefitters Local 123 Welfare Fund reports $8.4M in annual revenue and holds $17.3M in total assets, based on IRS filings.

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