Painters Union Vacation Fund
EIN: 386308236 · Southfield, MI
| Metric | Value |
|---|---|
| Total Revenue | $3.6M |
| Total Expenses | $3.4M |
| Net Assets | $308K |
Is Painters Union Vacation Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Painters Union Vacation Fund
Painters Union Vacation Fund (EIN: 386308236) is a nonprofit organization based in Southfield, MI. The organization reported total revenue of $3.6M and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Painters Union Vacation Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Painters Union Vacation Fund is a mid-size nonprofit that has been operating for 42 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 2.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.5M |
| Total Expenses | $3.4M |
| Surplus / Deficit | +$153K |
| Total Assets | $742K |
| Total Liabilities | $433K |
| Net Assets | $308K |
| Operating Margin | 4.4% |
| Debt-to-Asset Ratio | 58.4% |
| Months of Reserves | 2.6 months |
Financial Health Grade: B
In 2023, Painters Union Vacation Fund reported a surplus of $153K with revenue exceeding expenses, holds 2.6 months of operating reserves (limited), has a debt-to-asset ratio of 58.4% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Painters Union Vacation Fund's revenue has grown at a compound annual growth rate (CAGR) of 2.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.2% | -0.6% | +15.4% |
| 2022 | -0.1% | -2.0% | +17.0% |
| 2021 | +2.2% | +3.3% | -1.4% |
| 2020 | -0.6% | +0.1% | -4.2% |
| 2019 | -0.2% | -2.3% | +28.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1984 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Painters Union Vacation 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 Painters Union Vacation 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 $153K, with revenue exceeding expenses.
- Debt-to-asset ratio: 58.4%.
Frequently Asked Questions about Painters Union Vacation Fund
Is Painters Union Vacation Fund a legitimate charity?
Painters Union Vacation Fund (EIN: 386308236) is a registered tax-exempt nonprofit based in Michigan. It has 13 years of IRS 990 filings on record. Total revenue: $3.6M. No red flags identified. Financial health grade: B.
How does Painters Union Vacation Fund spend its money?
Painters Union Vacation Fund reported $3.6M 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 Painters Union Vacation Fund tax-deductible?
Painters Union Vacation Fund is registered as a tax-exempt nonprofit (EIN: 386308236). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Painters Union Vacation Fund located?
Painters Union Vacation Fund is headquartered in Southfield, Michigan and files with the IRS under EIN 386308236.
How many years of IRS 990 filings does Painters Union Vacation Fund have?
Painters Union Vacation 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 $3.6M in total revenue.
Filing History
IRS 990 filing history for Painters Union Vacation Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Painters Union Vacation Fund's revenue has grown by 27%, moving from $2.8M to $3.5M. Total assets increased by 16.1% over the same period, from $639K to $742K. Total functional expenses rose by 19.3%, from $2.8M to $3.4M. In its most recent filing year (2023), Painters Union Vacation Fund reported a surplus of $153K, with revenue exceeding expenses. The organization holds $433K in liabilities against $742K in assets (debt-to-asset ratio: 58.4%), resulting in net assets of $308K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.5M | $3.4M | $742K | $433K | — | — |
| 2022 | $3.5M | $3.4M | $642K | $488K | — | — |
| 2021 | $3.5M | $3.4M | $549K | $485K | — | — |
| 2020 | $3.4M | $3.3M | $557K | $517K | — | — |
| 2019 | $3.4M | $3.3M | $582K | $601K | — | View 990 |
| 2018 | $3.4M | $3.4M | $455K | $560K | — | View 990 |
| 2017 | $3.4M | $3.4M | $387K | $505K | — | View 990 |
| 2016 | $3.1M | $3.1M | $330K | $471K | — | View 990 |
| 2015 | $3.2M | $3.3M | $430K | $544K | — | View 990 |
| 2014 | $2.7M | $2.8M | $462K | $529K | — | View 990 |
| 2013 | $2.9M | $3.0M | $518K | $529K | — | View 990 |
| 2012 | $2.9M | $3.0M | $554K | $514K | — | View 990 |
| 2011 | $2.8M | $2.8M | $639K | $546K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.5M, expenses of $3.4M, and assets of $742K (revenue +1.2% year-over-year).
- 2022: Revenue of $3.5M, expenses of $3.4M, and assets of $642K (revenue -0.1% year-over-year).
- 2021: Revenue of $3.5M, expenses of $3.4M, and assets of $549K (revenue +2.2% year-over-year).
- 2020: Revenue of $3.4M, expenses of $3.3M, and assets of $557K (revenue -0.6% year-over-year).
- 2019: Revenue of $3.4M, expenses of $3.3M, and assets of $582K (revenue -0.2% year-over-year).
- 2018: Revenue of $3.4M, expenses of $3.4M, and assets of $455K (revenue +0.7% year-over-year).
- 2017: Revenue of $3.4M, expenses of $3.4M, and assets of $387K (revenue +10.9% year-over-year).
- 2016: Revenue of $3.1M, expenses of $3.1M, and assets of $330K (revenue -5.5% year-over-year).
- 2015: Revenue of $3.2M, expenses of $3.3M, and assets of $430K (revenue +18.0% year-over-year).
- 2014: Revenue of $2.7M, expenses of $2.8M, and assets of $462K (revenue -5.2% year-over-year).
- 2013: Revenue of $2.9M, expenses of $3.0M, and assets of $518K (revenue +0.1% year-over-year).
- 2012: Revenue of $2.9M, expenses of $3.0M, and assets of $554K (revenue +4.8% year-over-year).
- 2011: Revenue of $2.8M, expenses of $2.8M, and assets of $639K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Painters Union Vacation Fund:
Data Sources and Methodology
This transparency report for Painters Union Vacation 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.