YMutual & Membership BenefitEIN: 030482434· Ruling Year: 2004

Sheet Metal 10 Safe Plan Tr

Maplewood, Minnesota

BHealth Score
63B

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 2 peers in Mutual & Membership Benefit with $1M-$10M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org6.41×
Peer Median29.60×
💰
$2.8M
Total Revenue
📊
$3.1M
Total Expenses
🏦
$20.0M
Net Assets
📋
$3K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-16.0%
Year-over-year change (2022 → 2023)
Net Margin
-10.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
6.41
Net assets divided by total expenses
Liabilities-to-Assets
0.0%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$2,818,66816%$3,116,45714%$19,977,4893%
2022$3,355,9559%$2,733,95824%$19,473,11410%
2021$3,089,9267%$3,584,62848%$21,688,24610%
2020$3,317,8701%$2,426,02512%$19,760,3782%
2019$3,348,20628%$2,767,24027%$20,088,0355%
2018$4,628,61942%$2,177,9732%$19,213,11414%
2017$3,259,02514%$2,222,42220%$16,811,96512%
2016$2,850,0911%$1,851,97816%$14,988,7406%
2015$2,870,44830%$1,595,62522%$14,172,5577%
2014$2,214,11122%$2,046,1966%$13,208,7762%
2013$2,836,5298%$2,182,9993%$12,996,5093%
2012$2,620,6572%$2,247,45221%$12,672,0524%
2011$2,564,285$2,829,912$12,153,383

Frequently Asked Questions

What does Sheet Metal 10 Safe Plan Tr do?

Sheet Metal 10 Safe Plan Tr is a mutual & membership benefit nonprofit organization based in Minnesota. It is classified under NTEE code Y43 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Sheet Metal 10 Safe Plan Tr financially healthy?

Based on our 9-metric Financial Health Score model, Sheet Metal 10 Safe Plan Tr has a score of 63/100 (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 10 Safe Plan Tr generate?

Sheet Metal 10 Safe Plan Tr reports $4.2M in annual revenue and holds $21.4M in total assets, based on IRS filings.

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