ZUnclassifiedEIN: 381433000· Ruling Year: 1971

Sheet Metal Workers Local 292 Health Fund

Troy, Michigan

BHealth Score
61B

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 Org1.44×
Peer Median15.40×
💰
$9.2M
Total Revenue
📊
$8.6M
Total Expenses
🏦
$12.4M
Net Assets
📋
$2.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-5.1%
Year-over-year change (2022 → 2023)
Net Margin
+6.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.44
Net assets divided by total expenses
Liabilities-to-Assets
16.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$9,204,3855%$8,645,21022%$14,887,5585%
2022$9,698,78419%$7,095,0327%$14,141,50514%
2021$12,014,9747%$7,651,5886%$12,410,42752%
2020$11,231,38363%$7,222,83514%$8,167,035117%
2019$6,902,75224%$6,355,38926%$3,756,19616%
2018$9,092,17725%$8,567,3689%$4,445,80226%
2017$7,258,9982%$7,825,8362%$3,524,5889%
2016$7,088,2543%$7,706,3821%$3,881,24622%
2015$6,913,7124%$7,763,35116%$5,004,6532%
2014$7,234,0982%$6,706,1764%$5,123,01011%
2013$7,373,11275%$6,457,89429%$4,597,97171%
2012$4,203,43134%$4,998,0913%$2,688,09122%
2011$6,376,089$5,141,558$3,443,923

Frequently Asked Questions

What does Sheet Metal Workers Local 292 Health Fund do?

Sheet Metal Workers Local 292 Health Fund is a unclassified nonprofit organization based in Michigan. 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 292 Health Fund financially healthy?

Based on our 9-metric Financial Health Score model, Sheet Metal Workers Local 292 Health Fund has a score of 61/100 (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 292 Health Fund generate?

Sheet Metal Workers Local 292 Health Fund reports $9.9M in annual revenue and holds $16.6M in total assets, based on IRS filings.

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