Miami Ironworkers Local 272 Apprenticeship Training Program Fu
EIN: 591408495 · Ft Lauderdale, FL · NTEE: J22I
| Metric | Value |
|---|---|
| Total Revenue | $657K |
| Total Expenses | $551K |
| Net Assets | $527K |
Is Miami Ironworkers Local 272 Apprenticeship Training Program Fu Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Miami Ironworkers Local 272 Apprenticeship Training Program Fu
Miami Ironworkers Local 272 Apprenticeship Training Program Fu (EIN: 591408495) is a nonprofit organization based in Ft Lauderdale, FL, classified under NTEE code J22I. The organization reported total revenue of $657K and total assets of $656K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Miami Ironworkers Local 272 Apprenticeship Training Program Fu's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Miami Ironworkers Local 272 Apprenticeship Training Program Fu is a small nonprofit that has been operating for 56 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -1.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $461K |
| Total Expenses | $551K |
| Surplus / Deficit | $-90,463 |
| Total Assets | $532K |
| Total Liabilities | $5K |
| Net Assets | $527K |
| Operating Margin | -19.6% |
| Debt-to-Asset Ratio | 1.0% |
| Months of Reserves | 11.6 months |
Financial Health Grade: B
In 2023, Miami Ironworkers Local 272 Apprenticeship Training Program Fu reported a deficit of $90K with expenses exceeding revenue, holds 11.6 months of operating reserves (strong position), has a debt-to-asset ratio of 1.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Miami Ironworkers Local 272 Apprenticeship Training Program Fu's revenue has declined at a compound annual growth rate (CAGR) of -1.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +29.8% | +19.9% | -14.1% |
| 2022 | -21.5% | +5.5% | -14.7% |
| 2021 | -0.3% | +1.3% | +3.0% |
| 2020 | +9.5% | -4.8% | +13.2% |
| 2019 | -10.1% | -17.6% | -5.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1970 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Miami Ironworkers Local 272 Apprenticeship Training Program Fu 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 Miami Ironworkers Local 272 Apprenticeship Training Program Fu 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 deficit of $90K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.0%.
Frequently Asked Questions about Miami Ironworkers Local 272 Apprenticeship Training Program Fu
Is Miami Ironworkers Local 272 Apprenticeship Training Program Fu a legitimate charity?
Miami Ironworkers Local 272 Apprenticeship Training Program Fu (EIN: 591408495) is a registered tax-exempt nonprofit based in Florida. It has 13 years of IRS 990 filings on record. Total revenue: $657K. No red flags identified. Financial health grade: B.
How does Miami Ironworkers Local 272 Apprenticeship Training Program Fu spend its money?
Miami Ironworkers Local 272 Apprenticeship Training Program Fu reported $657K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Miami Ironworkers Local 272 Apprenticeship Training Program Fu tax-deductible?
Miami Ironworkers Local 272 Apprenticeship Training Program Fu is registered as a tax-exempt nonprofit (EIN: 591408495). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Miami Ironworkers Local 272 Apprenticeship Training Program Fu located?
Miami Ironworkers Local 272 Apprenticeship Training Program Fu is headquartered in Ft Lauderdale, Florida and files with the IRS under EIN 591408495. It is classified under NTEE code J22I.
How many years of IRS 990 filings does Miami Ironworkers Local 272 Apprenticeship Training Program Fu have?
Miami Ironworkers Local 272 Apprenticeship Training Program Fu 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 $657K in total revenue.
Filing History
IRS 990 filing history for Miami Ironworkers Local 272 Apprenticeship Training Program Fu showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Miami Ironworkers Local 272 Apprenticeship Training Program Fu's revenue has declined by 17.5%, moving from $558K to $461K. Total assets increased by 18% over the same period, from $451K to $532K. Total functional expenses fell by 14.7%, from $646K to $551K. In its most recent filing year (2023), Miami Ironworkers Local 272 Apprenticeship Training Program Fu reported a deficit of $90K, with expenses exceeding revenue. The organization holds $5K in liabilities against $532K in assets (debt-to-asset ratio: 1.0%), resulting in net assets of $527K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $461K | $551K | $532K | $5K | — | — |
| 2022 | $355K | $460K | $620K | $2K | — | View 990 |
| 2021 | $452K | $436K | $727K | $5K | — | — |
| 2020 | $453K | $430K | $706K | $59K | — | View 990 |
| 2019 | $414K | $452K | $624K | $0 | — | View 990 |
| 2018 | $460K | $548K | $662K | $0 | — | View 990 |
| 2017 | $618K | $591K | $750K | $0 | — | View 990 |
| 2016 | $479K | $551K | $722K | $0 | — | View 990 |
| 2015 | $391K | $544K | $795K | $2K | — | View 990 |
| 2014 | $931K | $511K | $946K | $0 | — | View 990 |
| 2013 | $530K | $469K | $527K | $0 | — | View 990 |
| 2012 | $492K | $475K | $467K | $465 | — | View 990 |
| 2011 | $558K | $646K | $451K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $461K, expenses of $551K, and assets of $532K (revenue +29.8% year-over-year).
- 2022: Revenue of $355K, expenses of $460K, and assets of $620K (revenue -21.5% year-over-year).
- 2021: Revenue of $452K, expenses of $436K, and assets of $727K (revenue -0.3% year-over-year).
- 2020: Revenue of $453K, expenses of $430K, and assets of $706K (revenue +9.5% year-over-year).
- 2019: Revenue of $414K, expenses of $452K, and assets of $624K (revenue -10.1% year-over-year).
- 2018: Revenue of $460K, expenses of $548K, and assets of $662K (revenue -25.6% year-over-year).
- 2017: Revenue of $618K, expenses of $591K, and assets of $750K (revenue +29.0% year-over-year).
- 2016: Revenue of $479K, expenses of $551K, and assets of $722K (revenue +22.5% year-over-year).
- 2015: Revenue of $391K, expenses of $544K, and assets of $795K (revenue -58.0% year-over-year).
- 2014: Revenue of $931K, expenses of $511K, and assets of $946K (revenue +75.8% year-over-year).
- 2013: Revenue of $530K, expenses of $469K, and assets of $527K (revenue +7.7% year-over-year).
- 2012: Revenue of $492K, expenses of $475K, and assets of $467K (revenue -11.9% year-over-year).
- 2011: Revenue of $558K, expenses of $646K, and assets of $451K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Miami Ironworkers Local 272 Apprenticeship Training Program Fu:
Data Sources and Methodology
This transparency report for Miami Ironworkers Local 272 Apprenticeship Training Program Fu 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.