ZUnclassifiedEIN: 856011542

Sheet Metal Workers-49 Welfare Fund

Albuquerque, New Mexico

BHealth Score
64B

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 Org2.50×
Peer Median15.40×
💰
$5.7M
Total Revenue
📊
$5.0M
Total Expenses
🏦
$12.4M
Net Assets
📋
$190K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+4.6%
Year-over-year change (2022 → 2023)
Net Margin
+12.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
2.50
Net assets divided by total expenses
Liabilities-to-Assets
1.5%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$5,676,8465%$4,954,54123%$12,560,8298%
2022$5,428,7311%$6,451,7481%$11,681,57011%
2021$5,494,12614%$6,357,44839%$13,095,5779%
2020$4,822,2925%$4,574,8165%$12,008,9612%
2019$5,056,9814%$4,822,97429%$12,194,1292%
2018$4,859,81730%$3,740,76416%$11,978,56511%
2017$3,726,2042%$3,228,685$10,829,4488%
2016$3,671,0112%$3,228,21611%$9,998,690
2015$3,607,717$2,920,31225%$10,028,1877%
2014$3,620,5095%$3,889,34130%$9,339,1503%
2013$3,806,97519%$5,555,8057%$9,605,50914%
2012$4,682,48022%$5,171,16929%$11,232,9524%
2011$5,982,744$4,009,855$11,727,770

Frequently Asked Questions

What does Sheet Metal Workers-49 Welfare Fund do?

Sheet Metal Workers-49 Welfare Fund is a unclassified nonprofit organization based in New Mexico. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Sheet Metal Workers-49 Welfare Fund financially healthy?

Based on our 9-metric Financial Health Score model, Sheet Metal Workers-49 Welfare Fund has a score of 64/100 (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-49 Welfare Fund generate?

Sheet Metal Workers-49 Welfare Fund reports $6.5M in annual revenue and holds $13.6M in total assets, based on IRS filings.

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