Iron Worker Local No 92
EIN: 630203438 · Birmingham, AL
| Metric | Value |
|---|---|
| Total Revenue | $2.4M |
| Total Expenses | $2.4M |
| Net Assets | $3.2M |
Is Iron Worker Local No 92 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Iron Worker Local No 92
Iron Worker Local No 92 (EIN: 630203438) is a nonprofit organization based in Birmingham, AL. The organization reported total revenue of $2.4M and total assets of $3.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iron Worker Local No 92's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iron Worker Local No 92 is a mid-size nonprofit that has been operating for 53 years, with 14 years of IRS 990 filings on record (2011–2024). Revenue has grown at a compound annual rate of 7.4%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $2.4M |
| Total Expenses | $2.4M |
| Surplus / Deficit | $-15,830 |
| Total Assets | $3.2M |
| Total Liabilities | $22K |
| Net Assets | $3.2M |
| Operating Margin | -0.7% |
| Debt-to-Asset Ratio | 0.7% |
| Months of Reserves | 15.9 months |
Financial Health Grade: B
In 2024, Iron Worker Local No 92 reported a deficit of $16K with expenses exceeding revenue, holds 15.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.7% (very low leverage).
Financial Trends
Over 14 years of filings (2011–2024), Iron Worker Local No 92's revenue has grown at a compound annual growth rate (CAGR) of 7.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +12.1% | +15.7% | -0.4% |
| 2023 | -11.3% | -13.8% | +1.6% |
| 2022 | +16.6% | +18.1% | -3.2% |
| 2021 | -2.5% | -22.9% | +4.8% |
| 2020 | -20.8% | +7.4% | -14.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1973 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Iron Worker Local No 92 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 Iron Worker Local No 92 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.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $16K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.7%.
Frequently Asked Questions about Iron Worker Local No 92
Is Iron Worker Local No 92 a legitimate charity?
Iron Worker Local No 92 (EIN: 630203438) is a registered tax-exempt nonprofit based in Alabama. It has 14 years of IRS 990 filings on record. Total revenue: $2.4M. No red flags identified. Financial health grade: B.
How does Iron Worker Local No 92 spend its money?
Iron Worker Local No 92 reported $2.4M in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Iron Worker Local No 92 tax-deductible?
Iron Worker Local No 92 is registered as a tax-exempt nonprofit (EIN: 630203438). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Iron Worker Local No 92 located?
Iron Worker Local No 92 is headquartered in Birmingham, Alabama and files with the IRS under EIN 630203438.
How many years of IRS 990 filings does Iron Worker Local No 92 have?
Iron Worker Local No 92 has 14 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $2.4M in total revenue.
Filing History
IRS 990 filing history for Iron Worker Local No 92 showing financial trends over 14 years of public records:
Over 14 years of IRS 990 filings (2011–2024), Iron Worker Local No 92's revenue has grown by 153.4%, moving from $957K to $2.4M. Total assets increased by 4.9% over the same period, from $3.1M to $3.2M. Total functional expenses rose by 168.9%, from $908K to $2.4M. In its most recent filing year (2024), Iron Worker Local No 92 reported a deficit of $16K, with expenses exceeding revenue. The organization holds $22K in liabilities against $3.2M in assets (debt-to-asset ratio: 0.7%), resulting in net assets of $3.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $2.4M | $2.4M | $3.2M | $22K | — | View 990 |
| 2023 | $2.2M | $2.1M | $3.3M | $20K | — | View 990 |
| 2022 | $2.4M | $2.4M | $3.2M | $21K | — | View 990 |
| 2021 | $2.1M | $2.1M | $3.3M | $121K | — | — |
| 2020 | $2.1M | $2.7M | $3.2M | $14K | — | View 990 |
| 2019 | $2.7M | $2.5M | $3.7M | $29K | — | View 990 |
| 2018 | $2.4M | $2.2M | $3.4M | $18K | — | View 990 |
| 2017 | $1.9M | $2.0M | $3.2M | $15K | — | View 990 |
| 2016 | $2.1M | $2.1M | $3.3M | $15K | — | View 990 |
| 2015 | $1.6M | $1.5M | $3.2M | $12K | — | View 990 |
| 2014 | $1.1M | $1.2M | $3.1M | $12K | — | View 990 |
| 2013 | $981K | $909K | $3.2M | $49K | — | View 990 |
| 2012 | $952K | $949K | $3.1M | $42K | — | View 990 |
| 2011 | $957K | $908K | $3.1M | $30K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $2.4M, expenses of $2.4M, and assets of $3.2M (revenue +12.1% year-over-year).
- 2023: Revenue of $2.2M, expenses of $2.1M, and assets of $3.3M (revenue -11.3% year-over-year).
- 2022: Revenue of $2.4M, expenses of $2.4M, and assets of $3.2M (revenue +16.6% year-over-year).
- 2021: Revenue of $2.1M, expenses of $2.1M, and assets of $3.3M (revenue -2.5% year-over-year).
- 2020: Revenue of $2.1M, expenses of $2.7M, and assets of $3.2M (revenue -20.8% year-over-year).
- 2019: Revenue of $2.7M, expenses of $2.5M, and assets of $3.7M (revenue +11.2% year-over-year).
- 2018: Revenue of $2.4M, expenses of $2.2M, and assets of $3.4M (revenue +29.5% year-over-year).
- 2017: Revenue of $1.9M, expenses of $2.0M, and assets of $3.2M (revenue -9.3% year-over-year).
- 2016: Revenue of $2.1M, expenses of $2.1M, and assets of $3.3M (revenue +29.4% year-over-year).
- 2015: Revenue of $1.6M, expenses of $1.5M, and assets of $3.2M (revenue +44.5% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.2M, and assets of $3.1M (revenue +13.3% year-over-year).
- 2013: Revenue of $981K, expenses of $909K, and assets of $3.2M (revenue +3.1% year-over-year).
- 2012: Revenue of $952K, expenses of $949K, and assets of $3.1M (revenue -0.5% year-over-year).
- 2011: Revenue of $957K, expenses of $908K, and assets of $3.1M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iron Worker Local No 92:
Data Sources and Methodology
This transparency report for Iron Worker Local No 92 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.