Local 37 Iron Workers Jac Fund
EIN: 50313149 · E Providence, RI · NTEE: J40
| Metric | Value |
|---|---|
| Total Revenue | $659K |
| Total Expenses | $422K |
| Net Assets | $914K |
Is Local 37 Iron Workers Jac Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Local 37 Iron Workers Jac Fund
Local 37 Iron Workers Jac Fund (EIN: 50313149) is a nonprofit organization based in E Providence, RI, classified under NTEE code J40. The organization reported total revenue of $659K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Local 37 Iron Workers Jac Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Local 37 Iron Workers Jac Fund is a small nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $481K |
| Total Expenses | $422K |
| Surplus / Deficit | +$59K |
| Total Assets | $914K |
| Net Assets | $914K |
| Operating Margin | 12.2% |
| Months of Reserves | 26.0 months |
Financial Health Grade: A
In 2023, Local 37 Iron Workers Jac Fund reported a surplus of $59K with revenue exceeding expenses, holds 26.0 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Local 37 Iron Workers Jac Fund's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +12.1% | +23.4% | +6.9% |
| 2022 | +20.0% | +23.0% | +11.3% |
| 2021 | -15.6% | +29.5% | +10.7% |
| 2020 | +30.8% | +15.4% | +36.9% |
| 2019 | +29.5% | +33.1% | +28.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Local 37 Iron Workers Jac Fund 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 Local 37 Iron Workers Jac Fund 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 $59K, with revenue exceeding expenses.
Frequently Asked Questions about Local 37 Iron Workers Jac Fund
Is Local 37 Iron Workers Jac Fund a legitimate charity?
Local 37 Iron Workers Jac Fund (EIN: 50313149) is a registered tax-exempt nonprofit based in Rhode Island. It has 13 years of IRS 990 filings on record. Total revenue: $659K. No red flags identified. Financial health grade: A.
How does Local 37 Iron Workers Jac Fund spend its money?
Local 37 Iron Workers Jac Fund reported $659K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Local 37 Iron Workers Jac Fund tax-deductible?
Local 37 Iron Workers Jac Fund is registered as a tax-exempt nonprofit (EIN: 50313149). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Local 37 Iron Workers Jac Fund located?
Local 37 Iron Workers Jac Fund is headquartered in E Providence, Rhode Island and files with the IRS under EIN 50313149. It is classified under NTEE code J40.
How many years of IRS 990 filings does Local 37 Iron Workers Jac Fund have?
Local 37 Iron Workers Jac Fund has 13 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 $659K in total revenue.
Filing History
IRS 990 filing history for Local 37 Iron Workers Jac Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Local 37 Iron Workers Jac Fund's revenue has grown by 132.6%, moving from $207K to $481K. Total assets increased by 833.3% over the same period, from $98K to $914K. Total functional expenses rose by 93%, from $219K to $422K. In its most recent filing year (2023), Local 37 Iron Workers Jac Fund reported a surplus of $59K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $481K | $422K | $914K | $0 | — | — |
| 2022 | $429K | $342K | $855K | $0 | — | View 990 |
| 2021 | $358K | $278K | $768K | $0 | — | — |
| 2020 | $424K | $215K | $694K | $0 | — | — |
| 2019 | $324K | $186K | $507K | $0 | — | View 990 |
| 2018 | $250K | $140K | $394K | $0 | — | View 990 |
| 2017 | $230K | $141K | $295K | $0 | — | View 990 |
| 2016 | $227K | $163K | $206K | $0 | — | View 990 |
| 2015 | $159K | $134K | $143K | $0 | — | View 990 |
| 2014 | $109K | $174K | $118K | $0 | — | View 990 |
| 2013 | $167K | $215K | $182K | $0 | — | View 990 |
| 2012 | $430K | $297K | $230K | $0 | — | View 990 |
| 2011 | $207K | $219K | $98K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $481K, expenses of $422K, and assets of $914K (revenue +12.1% year-over-year).
- 2022: Revenue of $429K, expenses of $342K, and assets of $855K (revenue +20.0% year-over-year).
- 2021: Revenue of $358K, expenses of $278K, and assets of $768K (revenue -15.6% year-over-year).
- 2020: Revenue of $424K, expenses of $215K, and assets of $694K (revenue +30.8% year-over-year).
- 2019: Revenue of $324K, expenses of $186K, and assets of $507K (revenue +29.5% year-over-year).
- 2018: Revenue of $250K, expenses of $140K, and assets of $394K (revenue +8.7% year-over-year).
- 2017: Revenue of $230K, expenses of $141K, and assets of $295K (revenue +1.5% year-over-year).
- 2016: Revenue of $227K, expenses of $163K, and assets of $206K (revenue +42.6% year-over-year).
- 2015: Revenue of $159K, expenses of $134K, and assets of $143K (revenue +45.3% year-over-year).
- 2014: Revenue of $109K, expenses of $174K, and assets of $118K (revenue -34.4% year-over-year).
- 2013: Revenue of $167K, expenses of $215K, and assets of $182K (revenue -61.2% year-over-year).
- 2012: Revenue of $430K, expenses of $297K, and assets of $230K (revenue +107.7% year-over-year).
- 2011: Revenue of $207K, expenses of $219K, and assets of $98K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Local 37 Iron Workers Jac Fund:
Data Sources and Methodology
This transparency report for Local 37 Iron Workers Jac Fund 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.