Operating Engineers Local 324 Industry Labor Management Committe
EIN: 845098894 · Bloomfld Twp, MI · NTEE: J40
| Metric | Value |
|---|---|
| Total Revenue | $434K |
| Total Expenses | $44K |
| Net Assets | $1.2M |
Is Operating Engineers Local 324 Industry Labor Management Committe Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Operating Engineers Local 324 Industry Labor Management Committe
Operating Engineers Local 324 Industry Labor Management Committe (EIN: 845098894) is a nonprofit organization based in Bloomfld Twp, MI, classified under NTEE code J40. The organization reported total revenue of $434K and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Operating Engineers Local 324 Industry Labor Management Committe's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Operating Engineers Local 324 Industry Labor Management Committe is a small nonprofit that has been operating for 5 years, with 4 years of IRS 990 filings on record (2020–2023). Revenue has grown at a compound annual rate of 13.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $362K |
| Total Expenses | $44K |
| Surplus / Deficit | +$318K |
| Total Assets | $1.2M |
| Net Assets | $1.2M |
| Operating Margin | 87.8% |
| Months of Reserves | 336.4 months |
Financial Health Grade: A
In 2023, Operating Engineers Local 324 Industry Labor Management Committe reported a surplus of $318K with revenue exceeding expenses, holds 336.4 months of operating reserves (strong position).
Financial Trends
Over 4 years of filings (2020–2023), Operating Engineers Local 324 Industry Labor Management Committe's revenue has grown at a compound annual growth rate (CAGR) of 13.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.6% | +475.5% | +34.7% |
| 2022 | +7.0% | -12.8% | +62.4% |
| 2021 | +35.0% | -30.6% | +138.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2021 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Operating Engineers Local 324 Industry Labor Management Committe 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 Operating Engineers Local 324 Industry Labor Management Committe 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 $318K, with revenue exceeding expenses.
Frequently Asked Questions about Operating Engineers Local 324 Industry Labor Management Committe
Is Operating Engineers Local 324 Industry Labor Management Committe a legitimate charity?
Based on AI analysis of IRS 990 filings, Operating Engineers Local 324 Industry Labor Management Committe (EIN: 845098894) insufficient data. 0 red flags identified, 0 strengths noted.
How does Operating Engineers Local 324 Industry Labor Management Committe spend its money?
Detailed spending breakdown data is not yet available for Operating Engineers Local 324 Industry Labor Management Committe. Check back for updated IRS 990 analysis.
Are donations to Operating Engineers Local 324 Industry Labor Management Committe tax-deductible?
Operating Engineers Local 324 Industry Labor Management Committe is registered as a tax-exempt nonprofit (EIN: 845098894). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Operating Engineers Local 324 Industry Labor Management Committe located?
Operating Engineers Local 324 Industry Labor Management Committe is headquartered in Bloomfld Twp, Michigan and files with the IRS under EIN 845098894. It is classified under NTEE code J40.
How many years of IRS 990 filings does Operating Engineers Local 324 Industry Labor Management Committe have?
Operating Engineers Local 324 Industry Labor Management Committe has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $434K in total revenue.
Filing History
IRS 990 filing history for Operating Engineers Local 324 Industry Labor Management Committe showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2020–2023), Operating Engineers Local 324 Industry Labor Management Committe's revenue has grown by 45.2%, moving from $249K to $362K. Total assets increased by 421.7% over the same period, from $237K to $1.2M. Total functional expenses rose by 248.5%, from $13K to $44K. In its most recent filing year (2023), Operating Engineers Local 324 Industry Labor Management Committe reported a surplus of $318K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $362K | $44K | $1.2M | $0 | — | View 990 |
| 2022 | $360K | $8K | $916K | $0 | — | View 990 |
| 2021 | $336K | $9K | $564K | $0 | — | — |
| 2020 | $249K | $13K | $237K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $362K, expenses of $44K, and assets of $1.2M (revenue +0.6% year-over-year).
- 2022: Revenue of $360K, expenses of $8K, and assets of $916K (revenue +7.0% year-over-year).
- 2021: Revenue of $336K, expenses of $9K, and assets of $564K (revenue +35.0% year-over-year).
- 2020: Revenue of $249K, expenses of $13K, and assets of $237K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Operating Engineers Local 324 Industry Labor Management Committe:
Data Sources and Methodology
This transparency report for Operating Engineers Local 324 Industry Labor Management Committe 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.