Z — UnclassifiedEIN: 856011542

Sheet Metal Workers-49 Welfare Fund

Albuquerque, New Mexico

BHealth Score
64B

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

Working Capital Ratio (net assets ÷ expenses)

This Org2.50×
Peer Median15.40×
💰
$5.7M
Total Revenue
📊
$5.0M
Total Expenses
🏦
$12.4M
Net Assets
📋
$190K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.6%
Year-over-year change (2022 → 2023)
Net Margin
+12.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.50
Net assets divided by total expenses
Liabilities-to-Assets
1.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$5,676,846↑5%$4,954,541↓23%$12,560,829↑8%
2022$5,428,731↓1%$6,451,748↑1%$11,681,570↓11%
2021$5,494,126↑14%$6,357,448↑39%$13,095,577↑9%
2020$4,822,292↓5%$4,574,816↓5%$12,008,961↓2%
2019$5,056,981↑4%$4,822,974↑29%$12,194,129↑2%
2018$4,859,817↑30%$3,740,764↑16%$11,978,565↑11%
2017$3,726,204↑2%$3,228,685$10,829,448↑8%
2016$3,671,011↑2%$3,228,216↑11%$9,998,690
2015$3,607,717$2,920,312↓25%$10,028,187↑7%
2014$3,620,509↓5%$3,889,341↓30%$9,339,150↓3%
2013$3,806,975↓19%$5,555,805↑7%$9,605,509↓14%
2012$4,682,480↓22%$5,171,169↑29%$11,232,952↓4%
2011$5,982,744$4,009,855$11,727,770

Frequently Asked Questions

What does Sheet Metal Workers-49 Welfare Fund do?▼

Sheet Metal Workers-49 Welfare Fund is a unclassified nonprofit organization based in New Mexico. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Sheet Metal Workers-49 Welfare Fund financially healthy?▼

Based on our 9-metric Financial Health Score model, Sheet Metal Workers-49 Welfare Fund has a score of 64/100 (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-49 Welfare Fund generate?▼

Sheet Metal Workers-49 Welfare Fund reports $6.5M in annual revenue and holds $13.6M in total assets, based on IRS filings.

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