Iron Workers Regional Shop Local Union No 851
EIN: 320511014 · Wayne, MI
| Metric | Value |
|---|---|
| Total Expenses | $1.0M |
| Net Assets | $1.1M |
Is Iron Workers Regional Shop Local Union No 851 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Iron Workers Regional Shop Local Union No 851
Iron Workers Regional Shop Local Union No 851 (EIN: 320511014) is a nonprofit organization based in Wayne, MI. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Iron Workers Regional Shop Local Union No 851's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Iron Workers Regional Shop Local Union No 851 is a mid-size nonprofit, with 2 years of IRS 990 filings on record (2017–2018). Revenue has grown at a compound annual rate of 105.9%.
Key Financial Metrics (2018)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$113K |
| Total Assets | $1.1M |
| Total Liabilities | $24 |
| Net Assets | $1.1M |
| Operating Margin | 10.1% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 13.5 months |
Financial Health Grade: A
In 2018, Iron Workers Regional Shop Local Union No 851 reported a surplus of $113K with revenue exceeding expenses, holds 13.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 2 years of filings (2017–2018), Iron Workers Regional Shop Local Union No 851's revenue has grown at a compound annual growth rate (CAGR) of 105.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2018 | +105.9% | +187.3% | +18.1% |
AI Analysis Pending
AI enrichment for Iron Workers Regional Shop Local Union No 851 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 Workers Regional Shop Local Union No 851 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 (2018)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $113K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Iron Workers Regional Shop Local Union No 851
Is Iron Workers Regional Shop Local Union No 851 a legitimate charity?
Based on AI analysis of IRS 990 filings, Iron Workers Regional Shop Local Union No 851 (EIN: 320511014) insufficient data. 0 red flags identified, 0 strengths noted.
How does Iron Workers Regional Shop Local Union No 851 spend its money?
Detailed spending breakdown data is not yet available for Iron Workers Regional Shop Local Union No 851. Check back for updated IRS 990 analysis.
Are donations to Iron Workers Regional Shop Local Union No 851 tax-deductible?
Iron Workers Regional Shop Local Union No 851 is registered as a tax-exempt nonprofit (EIN: 320511014). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Iron Workers Regional Shop Local Union No 851 located?
Iron Workers Regional Shop Local Union No 851 is headquartered in Wayne, Michigan and files with the IRS under EIN 320511014.
How many years of IRS 990 filings does Iron Workers Regional Shop Local Union No 851 have?
Iron Workers Regional Shop Local Union No 851 has 2 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data.
Filing History
IRS 990 filing history for Iron Workers Regional Shop Local Union No 851 showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2017–2018), Iron Workers Regional Shop Local Union No 851's revenue has grown by 105.9%, moving from $545K to $1.1M. Total assets increased by 18.1% over the same period, from $960K to $1.1M. Total functional expenses rose by 187.3%, from $351K to $1.0M. In its most recent filing year (2018), Iron Workers Regional Shop Local Union No 851 reported a surplus of $113K, with revenue exceeding expenses. The organization holds $24 in liabilities against $1.1M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2018 | $1.1M | $1.0M | $1.1M | $24 | — | — |
| 2017 | $545K | $351K | $960K | $448 | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Iron Workers Regional Shop Local Union No 851:
Data Sources and Methodology
This transparency report for Iron Workers Regional Shop Local Union No 851 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.