Asbestos Workers Local 22 General
EIN: 740676255 · Pasadena, TX
Is Asbestos Workers Local 22 General Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Asbestos Workers Local 22 General
Asbestos Workers Local 22 General (EIN: 740676255) is a nonprofit organization based in Pasadena, TX. The organization reported total revenue of $912K and total assets of $690K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Asbestos Workers Local 22 General's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Analysis Pending
AI enrichment for Asbestos Workers Local 22 General has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Asbestos Workers Local 22 General with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Frequently Asked Questions about Asbestos Workers Local 22 General
Is Asbestos Workers Local 22 General a legitimate charity?
Based on AI analysis of IRS 990 filings, Asbestos Workers Local 22 General (EIN: 740676255) insufficient data. 0 red flags identified, 0 strengths noted.
How does Asbestos Workers Local 22 General spend its money?
Detailed spending breakdown data is not yet available for Asbestos Workers Local 22 General. Check back for updated IRS 990 analysis.
Are donations to Asbestos Workers Local 22 General tax-deductible?
Asbestos Workers Local 22 General is registered as a tax-exempt nonprofit (EIN: 740676255). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Asbestos Workers Local 22 General showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2010–2023), Asbestos Workers Local 22 General's revenue has declined by 13.6%, moving from $1.2M to $999K. Total assets decreased by 37.2% over the same period, from $1.1M to $717K. Total functional expenses fell by 13.8%, from $1.2M to $1.1M. In its most recent filing year (2023), Asbestos Workers Local 22 General reported a deficit of $61K, with expenses exceeding revenue. The organization holds $334K in liabilities against $717K in assets (debt-to-asset ratio: 46.6%), resulting in net assets of $383K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $999K | $1.1M | $717K | $334K | — | — |
| 2022 | $1.2M | $1.3M | $739K | $295K | — | View 990 |
| 2021 | $1.1M | $948K | $777K | $233K | — | View 990 |
| 2020 | $872K | $960K | $494K | $129K | — | View 990 |
| 2019 | $1.2M | $1.2M | $548K | $95K | — | View 990 |
| 2018 | $1.1M | $1.2M | $563K | $53K | — | View 990 |
| 2017 | $1.1M | $1.2M | $660K | $74K | — | View 990 |
| 2016 | $1.2M | $1.2M | $831K | $147K | — | View 990 |
| 2015 | $1.2M | $1.2M | $758K | $153K | — | View 990 |
| 2014 | $990K | $1.2M | $687K | $78K | — | View 990 |
| 2013 | $978K | $1.1M | $923K | $138K | — | View 990 |
| 2012 | $904K | $1.1M | $973K | $71K | — | View 990 |
| 2011 | $1.1M | $975K | $1.2M | $95K | — | View 990 |
| 2010 | $1.2M | $1.2M | $1.1M | $159K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $999K, expenses of $1.1M, and assets of $717K (revenue -15.9% year-over-year).
- 2022: Revenue of $1.2M, expenses of $1.3M, and assets of $739K (revenue +5.4% year-over-year).
- 2021: Revenue of $1.1M, expenses of $948K, and assets of $777K (revenue +29.2% year-over-year).
- 2020: Revenue of $872K, expenses of $960K, and assets of $494K (revenue -25.5% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.2M, and assets of $548K (revenue +2.1% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.2M, and assets of $563K (revenue +0.3% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.2M, and assets of $660K (revenue -7.5% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.2M, and assets of $831K (revenue +0.3% year-over-year).
- 2015: Revenue of $1.2M, expenses of $1.2M, and assets of $758K (revenue +24.5% year-over-year).
- 2014: Revenue of $990K, expenses of $1.2M, and assets of $687K (revenue +1.2% year-over-year).
- 2013: Revenue of $978K, expenses of $1.1M, and assets of $923K (revenue +8.1% year-over-year).
- 2012: Revenue of $904K, expenses of $1.1M, and assets of $973K (revenue -15.2% year-over-year).
- 2011: Revenue of $1.1M, expenses of $975K, and assets of $1.2M (revenue -7.8% year-over-year).
- 2010: Revenue of $1.2M, expenses of $1.2M, and assets of $1.1M.
Data Sources and Methodology
This transparency report for Asbestos Workers Local 22 General is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.