ZUnclassifiedEIN: 366053429· Ruling Year: 1960

Illinois State Painters Welfare Fund

Schaumburg, Illinois

B+Health Score
66B+

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 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.25×
Peer Median5.86×
💰
$11.0M
Total Revenue
📊
$9.4M
Total Expenses
🏦
$11.8M
Net Assets
📋
$1.2M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.1%
Year-over-year change (2022 → 2023)
Net Margin
+14.3%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.25
Net assets divided by total expenses
Liabilities-to-Assets
9.1%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$11,000,9855%$9,424,933173%$12,954,4725%
2022$10,462,27110%$3,448,55974%$12,303,5399%
2021$9,507,3443%$13,239,27811%$13,470,1289%
2020$9,229,9405%$11,898,6762%$14,788,03413%
2019$9,673,9325%$11,628,70728%$16,981,8264%
2018$9,198,4761%$9,119,59813%$17,610,104
2017$9,288,75812%$8,043,97415%$17,560,6403%
2016$8,302,87732%$9,412,63722%$17,105,9423%
2015$6,273,05441%$7,718,92389%$16,611,49726%
2014$4,452,7509%$4,087,0015%$13,221,8621%
2013$4,915,0899%$4,316,5323%$13,067,5656%
2012$4,497,8756%$4,428,3287%$12,383,8061%
2011$4,238,039$4,134,603$12,528,459

Frequently Asked Questions

What does Illinois State Painters Welfare Fund do?

Illinois State Painters Welfare Fund is a unclassified nonprofit organization based in Illinois. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Illinois State Painters Welfare Fund financially healthy?

Based on our 9-metric Financial Health Score model, Illinois State Painters Welfare Fund has a score of 66/100 (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 Illinois State Painters Welfare Fund generate?

Illinois State Painters Welfare Fund reports $12.0M in annual revenue and holds $16.0M in total assets, based on IRS filings.

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