Northwest Sheet Metal Labor Management Cooperation Trust
Northwest Sheet Metal Labor Management Cooperation Trust consistently grows assets with efficient spending and no officer compensation.
EIN: 201449592 · Bothell, WA · NTEE: J194 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $302K |
| Total Expenses | $145K |
| Program Spending | 90% |
| Net Assets | $1.0M |
| Transparency Score | 92/100 |
Is Northwest Sheet Metal Labor Management Cooperation Trust Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Northwest Sheet Metal Labor Management Cooperation Trust directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Northwest Sheet Metal Labor Management Cooperation Trust
Northwest Sheet Metal Labor Management Cooperation Trust (EIN: 201449592) is a nonprofit organization based in Bothell, WA, classified under NTEE code J194. The organization reported total revenue of $302K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northwest Sheet Metal Labor Management Cooperation Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Northwest Sheet Metal Labor Management Cooperation Trust is a small nonprofit that has been operating for 21 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 3.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $296K |
| Total Expenses | $145K |
| Surplus / Deficit | +$151K |
| Total Assets | $1.0M |
| Net Assets | $1.0M |
| Operating Margin | 51.1% |
| Months of Reserves | 83.3 months |
Financial Health Grade: A
In 2023, Northwest Sheet Metal Labor Management Cooperation Trust reported a surplus of $151K with revenue exceeding expenses, holds 83.3 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Northwest Sheet Metal Labor Management Cooperation Trust's revenue has grown at a compound annual growth rate (CAGR) of 3.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -0.4% | -5.9% | +17.7% |
| 2022 | -3.4% | +15.0% | +20.2% |
| 2021 | -0.5% | -23.3% | +32.4% |
| 2020 | -12.8% | -41.0% | +36.9% |
| 2019 | +9.7% | -0.5% | +17.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2005 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Northwest Sheet Metal Labor Management Cooperation Trust with a Mission Score of 92 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Northwest Sheet Metal Labor Management Cooperation Trust allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $151K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive compensation from the organization, which is highly favorable for resource allocation.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Northwest Sheet Metal Labor Management Cooperation Trust:
- Consistent asset growth, increasing from $242,947 in 2015 to over $1.1 million currently.
- Highly efficient spending, with expenses consistently well below revenue in recent years (e.g., 2023 expenses were 48.8% of revenue).
- Zero officer compensation reported across all filings, indicating a strong commitment to minimizing administrative costs.
- No reported liabilities in most filing periods, demonstrating strong financial stability.
- Consistent IRS 990 filing history, indicating good transparency and compliance.
Frequently Asked Questions about Northwest Sheet Metal Labor Management Cooperation Trust
Is Northwest Sheet Metal Labor Management Cooperation Trust a legitimate charity?
Based on AI analysis of IRS 990 filings, Northwest Sheet Metal Labor Management Cooperation Trust (EIN: 201449592) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does Northwest Sheet Metal Labor Management Cooperation Trust spend its money?
Northwest Sheet Metal Labor Management Cooperation Trust directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Northwest Sheet Metal Labor Management Cooperation Trust tax-deductible?
Northwest Sheet Metal Labor Management Cooperation Trust is registered as a tax-exempt nonprofit (EIN: 201449592). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Northwest Sheet Metal Labor Management Cooperation Trust compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), Northwest Sheet Metal Labor Management Cooperation Trust is above average for NTEE category J194 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Northwest Sheet Metal Labor Management Cooperation Trust located?
Northwest Sheet Metal Labor Management Cooperation Trust is headquartered in Bothell, Washington and files with the IRS under EIN 201449592. It is classified under NTEE code J194.
How many years of IRS 990 filings does Northwest Sheet Metal Labor Management Cooperation Trust have?
Northwest Sheet Metal Labor Management Cooperation Trust 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 $302K in total revenue.
Is Northwest Sheet Metal Labor Management Cooperation Trust a good charity?
Based on the financial data, the organization demonstrates strong financial health, efficient spending (expenses are consistently less than revenue, leading to asset growth), and high transparency with no reported officer compensation. These factors suggest it is a well-managed and effective organization.
How has the organization's asset base grown over time?
The organization's assets have grown significantly, from $242,947 in 2015 to $1,127,033 currently, representing an increase of over 360% in less than a decade. This growth is driven by consistent revenue exceeding expenses.
What is the trend in the organization's expenses relative to its revenue?
In recent years, the organization's expenses have been consistently lower than its revenue. For example, in 2023, expenses were $144,812 against revenue of $296,207, indicating a healthy surplus and efficient financial management.
Filing History
IRS 990 filing history for Northwest Sheet Metal Labor Management Cooperation Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Northwest Sheet Metal Labor Management Cooperation Trust's revenue has grown by 46.1%, moving from $203K to $296K. Total assets increased by 46.9% over the same period, from $684K to $1.0M. Total functional expenses rose by 5.2%, from $138K to $145K. In its most recent filing year (2023), Northwest Sheet Metal Labor Management Cooperation Trust reported a surplus of $151K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $296K | $145K | $1.0M | $-39 | — | — |
| 2022 | $297K | $154K | $854K | $2 | — | View 990 |
| 2021 | $308K | $134K | $711K | $0 | — | View 990 |
| 2020 | $309K | $174K | $537K | $0 | — | View 990 |
| 2019 | $355K | $296K | $392K | $0 | — | View 990 |
| 2018 | $324K | $297K | $333K | $0 | — | View 990 |
| 2017 | $300K | $240K | $306K | $0 | — | — |
| 2016 | $244K | $240K | $247K | $0 | — | View 990 |
| 2015 | $86K | $237K | $243K | $0 | — | View 990 |
| 2014 | $72K | $189K | $394K | $0 | — | View 990 |
| 2013 | $63K | $165K | $511K | $0 | — | View 990 |
| 2012 | $82K | $154K | $612K | $0 | — | View 990 |
| 2011 | $203K | $138K | $684K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $296K, expenses of $145K, and assets of $1.0M (revenue -0.4% year-over-year).
- 2022: Revenue of $297K, expenses of $154K, and assets of $854K (revenue -3.4% year-over-year).
- 2021: Revenue of $308K, expenses of $134K, and assets of $711K (revenue -0.5% year-over-year).
- 2020: Revenue of $309K, expenses of $174K, and assets of $537K (revenue -12.8% year-over-year).
- 2019: Revenue of $355K, expenses of $296K, and assets of $392K (revenue +9.7% year-over-year).
- 2018: Revenue of $324K, expenses of $297K, and assets of $333K (revenue +8.0% year-over-year).
- 2017: Revenue of $300K, expenses of $240K, and assets of $306K (revenue +22.7% year-over-year).
- 2016: Revenue of $244K, expenses of $240K, and assets of $247K (revenue +183.7% year-over-year).
- 2015: Revenue of $86K, expenses of $237K, and assets of $243K (revenue +19.5% year-over-year).
- 2014: Revenue of $72K, expenses of $189K, and assets of $394K (revenue +14.2% year-over-year).
- 2013: Revenue of $63K, expenses of $165K, and assets of $511K (revenue -23.1% year-over-year).
- 2012: Revenue of $82K, expenses of $154K, and assets of $612K (revenue -59.5% year-over-year).
- 2011: Revenue of $203K, expenses of $138K, and assets of $684K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Northwest Sheet Metal Labor Management Cooperation Trust:
Data Sources and Methodology
This transparency report for Northwest Sheet Metal Labor Management Cooperation Trust 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.