Ironworker Skills Institute
EIN: 833117350 · Pell City, AL · NTEE: B30
Is Ironworker Skills Institute Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ironworker Skills Institute
Ironworker Skills Institute (EIN: 833117350) is a nonprofit organization based in Pell City, AL, classified under NTEE code B30. The organization reported total revenue of $283K and total assets of $382K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ironworker Skills Institute's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ironworker Skills Institute is a small nonprofit that has been operating for 7 years, with 2 years of IRS 990 filings on record (2021–2022). Revenue has grown at a compound annual rate of -28.6%.
Key Financial Metrics (2022)
From the most recent IRS 990 filing on record:
| Total Revenue | $283K |
| Total Expenses | $287K |
| Surplus / Deficit | $-4,158 |
| Total Assets | $382K |
| Total Liabilities | $47K |
| Net Assets | $335K |
| Operating Margin | -1.5% |
| Debt-to-Asset Ratio | 12.3% |
| Months of Reserves | 16.0 months |
Financial Health Grade: B
In 2022, Ironworker Skills Institute reported a deficit of $4K with expenses exceeding revenue, holds 16.0 months of operating reserves (strong position), has a debt-to-asset ratio of 12.3% (very low leverage).
Financial Trends
Over 2 years of filings (2021–2022), Ironworker Skills Institute's revenue has declined at a compound annual growth rate (CAGR) of -28.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2022 | -28.6% | -12.6% | +421.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2019 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ironworker Skills Institute 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 Ironworker Skills Institute 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 (2022)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $4K, with expenses exceeding revenue.
- Debt-to-asset ratio: 12.3%.
Frequently Asked Questions about Ironworker Skills Institute
Is Ironworker Skills Institute a legitimate charity?
Based on AI analysis of IRS 990 filings, Ironworker Skills Institute (EIN: 833117350) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ironworker Skills Institute spend its money?
Detailed spending breakdown data is not yet available for Ironworker Skills Institute. Check back for updated IRS 990 analysis.
Are donations to Ironworker Skills Institute tax-deductible?
Ironworker Skills Institute is registered as a tax-exempt nonprofit (EIN: 833117350). 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 Ironworker Skills Institute showing financial trends over 2 years of public records:
Over 2 years of IRS 990 filings (2021–2022), Ironworker Skills Institute's revenue has declined by 28.6%, moving from $397K to $283K. Total assets increased by 421.6% over the same period, from $73K to $382K. Total functional expenses fell by 12.6%, from $328K to $287K. In its most recent filing year (2022), Ironworker Skills Institute reported a deficit of $4K, with expenses exceeding revenue. The organization holds $47K in liabilities against $382K in assets (debt-to-asset ratio: 12.3%), resulting in net assets of $335K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2022 | $283K | $287K | $382K | $47K | — | View 990 |
| 2021 | $397K | $328K | $73K | $5K | — | View 990 |
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Ironworker Skills Institute:
Data Sources and Methodology
This transparency report for Ironworker Skills Institute 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.