ZUnclassifiedEIN: 381940673

Operating Engineers Local 324 Health Care Fund

Bloomfield, Michigan

B-Health Score
49B-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Average

How This Organization Compares

Compared to 664 peers in Unclassified with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.24×
Peer Median0.87×
💰
$146.0M
Total Revenue
📊
$138.1M
Total Expenses
🏦
$33.4M
Net Assets
📋
$91.4M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+5.2%
Year-over-year change (2022 → 2023)
Net Margin
+5.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.24
Net assets divided by total expenses
Liabilities-to-Assets
73.2%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$146,005,6605%$138,131,5551%$124,805,0578%
2022$138,853,618$136,341,19017%$115,540,084
2021$138,430,6956%$116,047,1218%$115,791,32823%
2020$130,258,640$126,717,1205%$93,827,5484%
2019$130,323,2611%$133,975,3118%$90,363,1164%
2018$128,502,1489%$123,767,5315%$93,706,7373%
2017$118,057,5295%$117,531,26811%$90,660,0026%
2016$112,934,2113%$105,515,9443%$85,713,5716%
2015$109,309,2065%$102,269,7135%$80,893,74310%
2014$103,702,0877%$97,495,5284%$73,504,70210%
2013$96,908,6581%$93,830,7263%$66,841,7508%
2012$95,827,4182%$97,117,6542%$61,696,3038%
2011$93,720,416$95,600,030$66,992,041

Frequently Asked Questions

What does Operating Engineers Local 324 Health Care Fund do?

Operating Engineers Local 324 Health Care 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 Operating Engineers Local 324 Health Care Fund financially healthy?

Based on our 9-metric Financial Health Score model, Operating Engineers Local 324 Health Care Fund has a score of 49/100 (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 Operating Engineers Local 324 Health Care Fund generate?

Operating Engineers Local 324 Health Care Fund reports $161.8M in annual revenue and holds $136.6M in total assets, based on IRS filings.

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