Ironworkers Local 28 Apprentice Fnd
EIN: 546071683 · Midlothian, VA · NTEE: J22Z
Is Ironworkers Local 28 Apprentice Fnd Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Ironworkers Local 28 Apprentice Fnd
Ironworkers Local 28 Apprentice Fnd (EIN: 546071683) is a nonprofit organization based in Midlothian, VA, classified under NTEE code J22Z. The organization reported total revenue of $451K and total assets of $1.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Ironworkers Local 28 Apprentice Fnd's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Ironworkers Local 28 Apprentice Fnd is a small nonprofit that has been operating for 58 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $581K |
| Total Expenses | $274K |
| Surplus / Deficit | +$307K |
| Total Assets | $1.3M |
| Total Liabilities | $3K |
| Net Assets | $1.3M |
| Operating Margin | 52.8% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 58.2 months |
Financial Health Grade: A
In 2023, Ironworkers Local 28 Apprentice Fnd reported a surplus of $307K with revenue exceeding expenses, holds 58.2 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Ironworkers Local 28 Apprentice Fnd's revenue has grown at a compound annual growth rate (CAGR) of 8.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +82.9% | +13.8% | +30.0% |
| 2022 | +15.5% | +1.7% | +7.8% |
| 2021 | +23.5% | +3.3% | +4.3% |
| 2020 | -19.9% | -3.8% | -1.1% |
| 2019 | -33.1% | -2.2% | +4.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1968 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Ironworkers Local 28 Apprentice Fnd 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 Ironworkers Local 28 Apprentice Fnd 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 (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $307K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Frequently Asked Questions about Ironworkers Local 28 Apprentice Fnd
Is Ironworkers Local 28 Apprentice Fnd a legitimate charity?
Based on AI analysis of IRS 990 filings, Ironworkers Local 28 Apprentice Fnd (EIN: 546071683) insufficient data. 0 red flags identified, 0 strengths noted.
How does Ironworkers Local 28 Apprentice Fnd spend its money?
Detailed spending breakdown data is not yet available for Ironworkers Local 28 Apprentice Fnd. Check back for updated IRS 990 analysis.
Are donations to Ironworkers Local 28 Apprentice Fnd tax-deductible?
Ironworkers Local 28 Apprentice Fnd is registered as a tax-exempt nonprofit (EIN: 546071683). 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 Ironworkers Local 28 Apprentice Fnd showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Ironworkers Local 28 Apprentice Fnd's revenue has grown by 174.7%, moving from $211K to $581K. Total assets increased by 207.1% over the same period, from $433K to $1.3M. Total functional expenses rose by 137.5%, from $115K to $274K. In its most recent filing year (2023), Ironworkers Local 28 Apprentice Fnd reported a surplus of $307K, with revenue exceeding expenses. The organization holds $3K in liabilities against $1.3M in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $581K | $274K | $1.3M | $3K | — | View 990 |
| 2022 | $317K | $241K | $1.0M | $3K | — | View 990 |
| 2021 | $275K | $237K | $949K | $1K | — | View 990 |
| 2020 | $223K | $229K | $910K | $234 | — | — |
| 2019 | $278K | $238K | $920K | $3K | — | View 990 |
| 2018 | $416K | $244K | $879K | $2K | — | View 990 |
| 2017 | $268K | $220K | $706K | $972 | — | — |
| 2016 | $240K | $240K | $659K | $3K | — | View 990 |
| 2015 | $249K | $209K | $658K | $1K | — | View 990 |
| 2014 | $250K | $209K | $620K | $3K | — | View 990 |
| 2013 | $317K | $195K | $578K | $2K | — | View 990 |
| 2012 | $160K | $136K | $456K | $1K | — | View 990 |
| 2011 | $211K | $115K | $433K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $581K, expenses of $274K, and assets of $1.3M (revenue +82.9% year-over-year).
- 2022: Revenue of $317K, expenses of $241K, and assets of $1.0M (revenue +15.5% year-over-year).
- 2021: Revenue of $275K, expenses of $237K, and assets of $949K (revenue +23.5% year-over-year).
- 2020: Revenue of $223K, expenses of $229K, and assets of $910K (revenue -19.9% year-over-year).
- 2019: Revenue of $278K, expenses of $238K, and assets of $920K (revenue -33.1% year-over-year).
- 2018: Revenue of $416K, expenses of $244K, and assets of $879K (revenue +55.3% year-over-year).
- 2017: Revenue of $268K, expenses of $220K, and assets of $706K (revenue +11.6% year-over-year).
- 2016: Revenue of $240K, expenses of $240K, and assets of $659K (revenue -3.6% year-over-year).
- 2015: Revenue of $249K, expenses of $209K, and assets of $658K (revenue -0.5% year-over-year).
- 2014: Revenue of $250K, expenses of $209K, and assets of $620K (revenue -21.0% year-over-year).
- 2013: Revenue of $317K, expenses of $195K, and assets of $578K (revenue +98.3% year-over-year).
- 2012: Revenue of $160K, expenses of $136K, and assets of $456K (revenue -24.5% year-over-year).
- 2011: Revenue of $211K, expenses of $115K, and assets of $433K.
Data Sources and Methodology
This transparency report for Ironworkers Local 28 Apprentice Fnd 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.