ZUnclassifiedEIN: 221505211· Ruling Year: 1952

Sheet Metal Workers Welfare Fund 22

Kenilworth, New Jersey

B+Health Score
69B+

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 Org3.11×
Peer Median15.40×
💰
$6.8M
Total Revenue
📊
$6.2M
Total Expenses
🏦
$19.2M
Net Assets
📋
$260K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+1.1%
Year-over-year change (2022 → 2023)
Net Margin
+9.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
3.11
Net assets divided by total expenses
Liabilities-to-Assets
1.3%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,842,4751%$6,162,35510%$19,436,8042%
2022$6,769,3223%$5,596,4298%$19,076,2954%
2021$6,591,6969%$5,192,0871%$19,951,45218%
2020$7,205,13214%$5,165,91533%$16,865,21118%
2019$6,347,60317%$3,890,8153%$14,234,78021%
2018$5,418,0772%$3,791,77428%$11,811,94918%
2017$5,540,89832%$2,961,67112%$10,045,84042%
2016$4,189,74016%$2,655,0227%$7,096,55027%
2015$4,983,62740%$2,868,07411%$5,591,69860%
2014$3,553,4276%$3,227,45829%$3,495,48312%
2013$3,772,4112%$4,573,05318%$3,133,05219%
2012$3,832,4432%$3,867,59811%$3,851,7439%
2011$3,759,283$4,330,777$4,226,881

Frequently Asked Questions

What does Sheet Metal Workers Welfare Fund 22 do?

Sheet Metal Workers Welfare Fund 22 is a unclassified nonprofit organization based in New Jersey. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Sheet Metal Workers Welfare Fund 22 financially healthy?

Based on our 9-metric Financial Health Score model, Sheet Metal Workers Welfare Fund 22 has a score of 69/100 (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 Welfare Fund 22 generate?

Sheet Metal Workers Welfare Fund 22 reports $8.4M in annual revenue and holds $21.9M in total assets, based on IRS filings.

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