Seattle Area Plumbing & Pipefitting Industry Training Trust
Renton, Washington
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $7,874,360↑94% | $7,334,068↑102% | $27,045,686↑6% | — |
| 2022 | $4,053,246↓52% | $3,631,641↓50% | $25,432,168↑3% | — |
| 2022 | $8,445,243↓14% | $7,247,284↑15% | $24,629,517↑1% | — |
| 2021 | $9,780,691↑9% | $6,292,291↑2% | $24,417,984↑6% | — |
| 2020 | $8,933,485↓4% | $6,151,292↑14% | $22,959,546↓7% | — |
| 2019 | $9,293,506↑13% | $5,372,429↑14% | $24,602,945↑68% | — |
| 2018 | $8,221,220↑19% | $4,696,600↓4% | $14,677,266↑44% | — |
| 2017 | $6,926,600↑35% | $4,877,383↑24% | $10,174,596↑38% | — |
| 2016 | $5,130,874↑18% | $3,918,615 | $7,381,686↑8% | — |
| 2015 | $4,346,372↑29% | $3,927,006↑21% | $6,822,232↑3% | — |
| 2014 | $3,359,150↓5% | $3,247,524↓6% | $6,605,142↑3% | — |
| 2013 | $3,536,438↓6% | $3,440,758↓2% | $6,384,125↑15% | — |
| 2012 | $3,770,294↑6% | $3,524,379↓6% | $5,572,339↑6% | — |
| 2011 | $3,570,643 | $3,731,750 | $5,262,521 | — |
Frequently Asked Questions
What does Seattle Area Plumbing & Pipefitting Industry Training Trust do?▼
Seattle Area Plumbing & Pipefitting Industry Training Trust is a education nonprofit organization based in Washington. It is classified under NTEE code B99Z and is registered as a 501(c) tax-exempt organization with the IRS.
Is Seattle Area Plumbing & Pipefitting Industry Training Trust financially healthy?▼
Based on our 9-metric Financial Health Score model, Seattle Area Plumbing & Pipefitting Industry Training Trust has a score of 70/100 (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 Seattle Area Plumbing & Pipefitting Industry Training Trust generate?▼
Seattle Area Plumbing & Pipefitting Industry Training Trust reports $8.1M in annual revenue and holds $28.0M in total assets, based on IRS filings.
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