ZUnclassifiedEIN: 330490874· Ruling Year: 1992

Sheet Metal Workers Local 105 Health Reimbursement Plan

San Jose, California

B+Health Score
67B+

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 Org1.87×
Peer Median15.40×
💰
$5.8M
Total Revenue
📊
$5.4M
Total Expenses
🏦
$10.0M
Net Assets
📋
$1.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+3.7%
Year-over-year change (2022 → 2023)
Net Margin
+7.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.87
Net assets divided by total expenses
Liabilities-to-Assets
11.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$5,806,5224%$5,350,4268%$11,264,9616%
2022$5,598,227$4,954,80314%$10,630,2193%
2021$5,602,4121%$4,360,4689%$10,972,86220%
2020$5,682,4165%$4,005,4729%$9,176,59824%
2019$5,396,78517%$3,667,73782%$7,429,72235%
2018$4,621,786208%$2,018,33754%$5,523,508104%
2017$1,500,27915%$1,307,724$2,709,0237%
2016$1,307,08421%$1,305,6386%$2,532,7081%
2015$1,076,23825%$1,386,22113%$2,507,96714%
2014$1,433,2212%$1,596,5398%$2,902,1475%
2013$1,461,1981%$1,484,7213%$3,062,823
2012$1,481,9034%$1,443,2921%$3,067,139
2011$1,427,556$1,459,014$3,081,530

Frequently Asked Questions

What does Sheet Metal Workers Local 105 Health Reimbursement Plan do?

Sheet Metal Workers Local 105 Health Reimbursement Plan is a unclassified nonprofit organization based in California. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Sheet Metal Workers Local 105 Health Reimbursement Plan financially healthy?

Based on our 9-metric Financial Health Score model, Sheet Metal Workers Local 105 Health Reimbursement Plan has a score of 67/100 (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 Local 105 Health Reimbursement Plan generate?

Sheet Metal Workers Local 105 Health Reimbursement Plan reports $6.2M in annual revenue and holds $12.4M in total assets, based on IRS filings.

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