Plumbers Union Local 690 Of Philadelphia And Vincinity Vacatio
EIN: 232085471 · Philadelphia, PA
| Metric | Value |
|---|---|
| Total Revenue | $3.8M |
| Total Expenses | $3.7M |
| Net Assets | $1.6M |
Is Plumbers Union Local 690 Of Philadelphia And Vincinity Vacatio Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Plumbers Union Local 690 Of Philadelphia And Vincinity Vacatio
Plumbers Union Local 690 Of Philadelphia And Vincinity Vacatio (EIN: 232085471) is a nonprofit organization based in Philadelphia, PA. The organization reported total revenue of $3.8M and total assets of $1.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Plumbers Union Local 690 Of Philadelphia And Vincinity Vacatio's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Plumbers Union Local 690 Of Philadelphia And Vincinity Vacatio is a mid-size nonprofit that has been operating for 40 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 6.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $3.9M |
| Total Expenses | $3.7M |
| Surplus / Deficit | +$137K |
| Total Assets | $1.7M |
| Total Liabilities | $23K |
| Net Assets | $1.6M |
| Operating Margin | 3.5% |
| Debt-to-Asset Ratio | 1.4% |
| Months of Reserves | 5.4 months |
Financial Health Grade: A
In 2023, Plumbers Union Local 690 Of Philadelphia And Vincinity Vacatio reported a surplus of $137K with revenue exceeding expenses, holds 5.4 months of operating reserves (adequate), has a debt-to-asset ratio of 1.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Plumbers Union Local 690 Of Philadelphia And Vincinity Vacatio's revenue has grown at a compound annual growth rate (CAGR) of 6.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.0% | +9.6% | +8.4% |
| 2022 | +12.5% | +9.0% | +13.0% |
| 2021 | -10.0% | -15.3% | +5.2% |
| 2020 | +1.9% | +13.0% | -10.6% |
| 2019 | +16.8% | +20.4% | +17.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1986 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Plumbers Union Local 690 Of Philadelphia And Vincinity Vacatio 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 Plumbers Union Local 690 Of Philadelphia And Vincinity Vacatio 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 $137K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.4%.
Frequently Asked Questions about Plumbers Union Local 690 Of Philadelphia And Vincinity Vacatio
Is Plumbers Union Local 690 Of Philadelphia And Vincinity Vacatio a legitimate charity?
Plumbers Union Local 690 Of Philadelphia And Vincinity Vacatio (EIN: 232085471) is a registered tax-exempt nonprofit based in Pennsylvania. It has 13 years of IRS 990 filings on record. Total revenue: $3.8M. No red flags identified. Financial health grade: A.
How does Plumbers Union Local 690 Of Philadelphia And Vincinity Vacatio spend its money?
Plumbers Union Local 690 Of Philadelphia And Vincinity Vacatio reported $3.8M 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 Plumbers Union Local 690 Of Philadelphia And Vincinity Vacatio tax-deductible?
Plumbers Union Local 690 Of Philadelphia And Vincinity Vacatio is registered as a tax-exempt nonprofit (EIN: 232085471). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Plumbers Union Local 690 Of Philadelphia And Vincinity Vacatio located?
Plumbers Union Local 690 Of Philadelphia And Vincinity Vacatio is headquartered in Philadelphia, Pennsylvania and files with the IRS under EIN 232085471.
How many years of IRS 990 filings does Plumbers Union Local 690 Of Philadelphia And Vincinity Vacatio have?
Plumbers Union Local 690 Of Philadelphia And Vincinity Vacatio 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 $3.8M in total revenue.
Filing History
IRS 990 filing history for Plumbers Union Local 690 Of Philadelphia And Vincinity Vacatio showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Plumbers Union Local 690 Of Philadelphia And Vincinity Vacatio's revenue has grown by 116.4%, moving from $1.8M to $3.9M. Total assets increased by 97.6% over the same period, from $846K to $1.7M. Total functional expenses rose by 111%, from $1.8M to $3.7M. In its most recent filing year (2023), Plumbers Union Local 690 Of Philadelphia And Vincinity Vacatio reported a surplus of $137K, with revenue exceeding expenses. The organization holds $23K in liabilities against $1.7M in assets (debt-to-asset ratio: 1.4%), resulting in net assets of $1.6M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $3.9M | $3.7M | $1.7M | $23K | — | View 990 |
| 2022 | $3.6M | $3.4M | $1.5M | $30K | — | View 990 |
| 2021 | $3.2M | $3.1M | $1.4M | $31K | — | View 990 |
| 2020 | $3.5M | $3.7M | $1.3M | $27K | — | — |
| 2019 | $3.5M | $3.3M | $1.4M | $33K | — | View 990 |
| 2018 | $3.0M | $2.7M | $1.2M | $29K | — | View 990 |
| 2017 | $2.4M | $2.3M | $974K | $27K | — | View 990 |
| 2016 | $2.3M | $2.2M | $917K | $30K | — | View 990 |
| 2015 | $2.0M | $2.0M | $892K | $93K | — | View 990 |
| 2014 | $2.1M | $2.0M | $920K | $104K | — | View 990 |
| 2013 | $1.9M | $1.9M | $885K | $115K | — | View 990 |
| 2012 | $1.8M | $1.8M | $874K | $114K | — | View 990 |
| 2011 | $1.8M | $1.8M | $846K | $90K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $3.9M, expenses of $3.7M, and assets of $1.7M (revenue +8.0% year-over-year).
- 2022: Revenue of $3.6M, expenses of $3.4M, and assets of $1.5M (revenue +12.5% year-over-year).
- 2021: Revenue of $3.2M, expenses of $3.1M, and assets of $1.4M (revenue -10.0% year-over-year).
- 2020: Revenue of $3.5M, expenses of $3.7M, and assets of $1.3M (revenue +1.9% year-over-year).
- 2019: Revenue of $3.5M, expenses of $3.3M, and assets of $1.4M (revenue +16.8% year-over-year).
- 2018: Revenue of $3.0M, expenses of $2.7M, and assets of $1.2M (revenue +23.4% year-over-year).
- 2017: Revenue of $2.4M, expenses of $2.3M, and assets of $974K (revenue +6.6% year-over-year).
- 2016: Revenue of $2.3M, expenses of $2.2M, and assets of $917K (revenue +13.1% year-over-year).
- 2015: Revenue of $2.0M, expenses of $2.0M, and assets of $892K (revenue -4.7% year-over-year).
- 2014: Revenue of $2.1M, expenses of $2.0M, and assets of $920K (revenue +11.2% year-over-year).
- 2013: Revenue of $1.9M, expenses of $1.9M, and assets of $885K (revenue +3.3% year-over-year).
- 2012: Revenue of $1.8M, expenses of $1.8M, and assets of $874K (revenue +2.0% year-over-year).
- 2011: Revenue of $1.8M, expenses of $1.8M, and assets of $846K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Plumbers Union Local 690 Of Philadelphia And Vincinity Vacatio:
Data Sources and Methodology
This transparency report for Plumbers Union Local 690 Of Philadelphia And Vincinity Vacatio 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.