ZUnclassifiedEIN: 222811469· Ruling Year: 1988

Local 1478 2 Ila Health And Welfare Fund

Newark, New Jersey

BHealth Score
60B

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 Org0.87×
Peer Median15.40×
💰
$5.4M
Total Revenue
📊
$5.2M
Total Expenses
🏦
$4.5M
Net Assets
📋
$431K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-2.8%
Year-over-year change (2022 → 2023)
Net Margin
+4.6%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.87
Net assets divided by total expenses
Liabilities-to-Assets
8.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$5,423,9373%$5,173,0358%$4,949,2749%
2022$5,577,5139%$5,642,74620%$4,532,7416%
2021$6,146,0338%$7,018,70721%$4,800,33513%
2020$6,714,8346%$5,778,47810%$5,542,45519%
2019$7,142,2485%$6,448,42811%$4,657,25217%
2018$6,802,84117%$5,783,45716%$3,967,79434%
2017$5,808,3877%$5,000,4868%$2,955,80538%
2016$5,408,4612%$5,410,20613%$2,136,459
2015$5,294,5493%$4,778,4887%$2,131,47831%
2014$5,445,03414%$4,478,05414%$1,621,943151%
2013$4,762,6452%$5,214,04715%$647,44641%
2012$4,872,5812%$4,548,75823%$1,099,10641%
2011$4,794,239$5,930,183$781,697

Frequently Asked Questions

What does Local 1478 2 Ila Health And Welfare Fund do?

Local 1478 2 Ila Health And Welfare Fund 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 Local 1478 2 Ila Health And Welfare Fund financially healthy?

Based on our 9-metric Financial Health Score model, Local 1478 2 Ila Health And Welfare Fund has a score of 60/100 (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 Local 1478 2 Ila Health And Welfare Fund generate?

Local 1478 2 Ila Health And Welfare Fund reports $5.7M in annual revenue and holds $5.0M in total assets, based on IRS filings.

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