ZUnclassifiedEIN: 946069860· Ruling Year: 1958

Apartment Employees Welfare Fund

Covina, California

B+Health Score
70B+

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 Org0.61×
Peer Median15.40×
💰
$8.8M
Total Revenue
📊
$8.3M
Total Expenses
🏦
$5.1M
Net Assets
📋
$963K
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+18.5%
Year-over-year change (2022 → 2023)
Net Margin
+5.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.61
Net assets divided by total expenses
Liabilities-to-Assets
15.9%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$8,833,24318%$8,327,00210%$6,037,79217%
2022$7,454,95314%$7,562,97118%$5,165,8746%
2021$6,534,6815%$6,398,16113%$5,477,7444%
2020$6,878,13819%$7,363,7934%$5,275,60811%
2019$8,464,22322%$7,679,55513%$5,958,95422%
2018$6,929,6912%$6,814,7619%$4,895,6541%
2017$7,105,3197%$7,449,15911%$4,849,2016%
2016$7,649,9934%$6,706,14914%$5,143,5373%
2015$7,941,1559%$7,811,2292%$5,009,55815%
2014$8,726,03913%$7,994,3929%$4,368,26026%
2013$7,724,5769%$7,353,8038%$3,468,40510%
2012$7,055,32017%$6,823,90012%$3,147,78613%
2011$6,050,68710%$6,116,0027%$2,777,2211%
2010$5,521,002$5,713,016$2,805,783

Frequently Asked Questions

What does Apartment Employees Welfare Fund do?

Apartment Employees Welfare Fund 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 Apartment Employees Welfare Fund financially healthy?

Based on our 9-metric Financial Health Score model, Apartment Employees Welfare Fund has a score of 70/100 (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 Apartment Employees Welfare Fund generate?

Apartment Employees Welfare Fund reports $8.5M in annual revenue and holds $6.5M in total assets, based on IRS filings.

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