Sheet Metal Contractors Associationof Central And Southern New Jersey
Sheet Metal Contractors Association reports operational deficit in latest filing but maintains strong asset base.
EIN: 208055032 · Dayton, NJ · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $268K |
| Total Expenses | $304K |
| Program Spending | 80% |
| CEO/Top Officer Pay | $200,000 |
| Net Assets | $675K |
| Transparency Score | 85/100 |
Is Sheet Metal Contractors Associationof Central And Southern New Jersey Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Sheet Metal Contractors Associationof Central And Southern New Jersey directs 80% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Sheet Metal Contractors Associationof Central And Southern New Jersey
Sheet Metal Contractors Associationof Central And Southern New Jersey (EIN: 208055032) is a nonprofit organization based in Dayton, NJ, classified under NTEE code S41. The organization reported total revenue of $268K and total assets of $696K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sheet Metal Contractors Associationof Central And Southern New Jersey's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sheet Metal Contractors Associationof Central And Southern New Jersey is a small nonprofit that has been operating for 19 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 1.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $268K |
| Total Expenses | $304K |
| Surplus / Deficit | $-35,622 |
| Total Assets | $696K |
| Total Liabilities | $21K |
| Net Assets | $675K |
| Operating Margin | -13.3% |
| Debt-to-Asset Ratio | 3.0% |
| Months of Reserves | 27.5 months |
Financial Health Grade: B
In 2023, Sheet Metal Contractors Associationof Central And Southern New Jersey reported a deficit of $36K with expenses exceeding revenue, holds 27.5 months of operating reserves (strong position), has a debt-to-asset ratio of 3.0% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Sheet Metal Contractors Associationof Central And Southern New Jersey's revenue has grown at a compound annual growth rate (CAGR) of 1.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +13.5% | +27.4% | +6.0% |
| 2022 | +15.7% | +45.6% | -14.6% |
| 2021 | +35.3% | +31.3% | +15.0% |
| 2020 | -50.9% | -37.4% | — |
| 2019 | +26.8% | -7.7% | -100.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2007 |
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 Sheet Metal Contractors Associationof Central And Southern New Jersey with a Mission Score of 85 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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, Sheet Metal Contractors Associationof Central And Southern New Jersey allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 deficit of $36K, with expenses exceeding revenue.
- Debt-to-asset ratio: 3.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers received compensation, which is a strong positive for an organization of its size with revenues around $200,000-$300,000 annually.
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.
Red Flags
The following concerns were identified during AI analysis of Sheet Metal Contractors Associationof Central And Southern New Jersey's IRS 990 filings:
- Consistent operational deficits in recent years (e.g., $35,622 in 202312, $2,229 in 202212) could indicate a need for revenue diversification or cost control measures.
Strengths
The following positive indicators were identified for Sheet Metal Contractors Associationof Central And Southern New Jersey:
- Zero reported officer compensation across all filings, indicating efficient use of funds and strong financial stewardship.
- Strong asset base ($695,666 in 202312) significantly exceeding liabilities ($20,832), demonstrating long-term financial stability.
- Consistent IRS 990 filing history (13 filings), indicating good transparency and compliance.
- Healthy asset growth over the past decade, from $376,429 in 201512 to $695,666 in 202312.
Frequently Asked Questions about Sheet Metal Contractors Associationof Central And Southern New Jersey
Is Sheet Metal Contractors Associationof Central And Southern New Jersey a legitimate charity?
Sheet Metal Contractors Associationof Central And Southern New Jersey (EIN: 208055032) is a registered tax-exempt nonprofit based in New Jersey. Our AI analysis gives it a Mission Score of 85/100. It has 13 years of IRS 990 filings on record. Total revenue: $268K. 1 red flag identified. 4 strengths noted. Financial health grade: B.
How does Sheet Metal Contractors Associationof Central And Southern New Jersey spend its money?
Sheet Metal Contractors Associationof Central And Southern New Jersey directs 80% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to Sheet Metal Contractors Associationof Central And Southern New Jersey tax-deductible?
Sheet Metal Contractors Associationof Central And Southern New Jersey is registered as a tax-exempt nonprofit (EIN: 208055032). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Sheet Metal Contractors Associationof Central And Southern New Jersey CEO make?
Sheet Metal Contractors Associationof Central And Southern New Jersey's highest-compensated officer earns $200,000 annually. The organization reported $268K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Sheet Metal Contractors Associationof Central And Southern New Jersey's spending goes to programs?
Sheet Metal Contractors Associationof Central And Southern New Jersey directs 80% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Sheet Metal Contractors Associationof Central And Southern New Jersey compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Sheet Metal Contractors Associationof Central And Southern New Jersey is above average for NTEE category S41 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Sheet Metal Contractors Associationof Central And Southern New Jersey located?
Sheet Metal Contractors Associationof Central And Southern New Jersey is headquartered in Dayton, New Jersey and files with the IRS under EIN 208055032. It is classified under NTEE code S41.
How many years of IRS 990 filings does Sheet Metal Contractors Associationof Central And Southern New Jersey have?
Sheet Metal Contractors Associationof Central And Southern New Jersey 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 $268K in total revenue.
Is Sheet Metal Contractors Association of Central And Southern New Jersey a good charity?
Based on the available data, it appears to be a well-managed professional association. It consistently files its IRS 990s, reports no officer compensation, and maintains a strong asset-to-liability ratio. While it has experienced operational deficits in recent years (e.g., $35,622 in 202312), its overall financial health, particularly its assets of $695,666 against liabilities of $20,832, suggests stability.
Why are expenses higher than revenue in the latest filing?
In the 202312 period, the organization reported expenses of $304,033 against revenues of $268,411, resulting in a deficit of $35,622. This could be due to increased operational costs, specific projects, or a temporary dip in membership dues or other income. A similar pattern was observed in 202212 and earlier periods like 201512 and 201412.
How does the organization manage its assets?
The organization has consistently grown its assets over time, from $376,429 in 201512 to $695,666 in 202312, while keeping liabilities relatively low. This indicates prudent financial management and a strong balance sheet, providing a buffer against operational deficits.
Filing History
IRS 990 filing history for Sheet Metal Contractors Associationof Central And Southern New Jersey showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Sheet Metal Contractors Associationof Central And Southern New Jersey's revenue has grown by 15.1%, moving from $233K to $268K. Total assets increased by 8.1% over the same period, from $644K to $696K. Total functional expenses rose by 23.7%, from $246K to $304K. In its most recent filing year (2023), Sheet Metal Contractors Associationof Central And Southern New Jersey reported a deficit of $36K, with expenses exceeding revenue. The organization holds $21K in liabilities against $696K in assets (debt-to-asset ratio: 3.0%), resulting in net assets of $675K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $268K | $304K | $696K | $21K | — | — |
| 2022 | $237K | $239K | $656K | $12K | — | View 990 |
| 2021 | $204K | $164K | $768K | $11K | — | View 990 |
| 2020 | $151K | $125K | $668K | $4K | — | — |
| 2019 | $307K | $200K | $0 | $0 | — | View 990 |
| 2018 | $243K | $216K | $529K | $16K | — | View 990 |
| 2017 | $295K | $218K | $512K | $4K | — | View 990 |
| 2016 | $245K | $186K | $434K | $3K | — | View 990 |
| 2015 | $250K | $304K | $376K | $5K | — | View 990 |
| 2014 | $256K | $325K | $431K | $5K | — | View 990 |
| 2013 | $262K | $330K | $507K | $7K | — | View 990 |
| 2012 | $349K | $402K | $573K | $4K | — | View 990 |
| 2011 | $233K | $246K | $644K | $22K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $268K, expenses of $304K, and assets of $696K (revenue +13.5% year-over-year).
- 2022: Revenue of $237K, expenses of $239K, and assets of $656K (revenue +15.7% year-over-year).
- 2021: Revenue of $204K, expenses of $164K, and assets of $768K (revenue +35.3% year-over-year).
- 2020: Revenue of $151K, expenses of $125K, and assets of $668K (revenue -50.9% year-over-year).
- 2019: Revenue of $307K, expenses of $200K, and assets of $0 (revenue +26.8% year-over-year).
- 2018: Revenue of $243K, expenses of $216K, and assets of $529K (revenue -17.9% year-over-year).
- 2017: Revenue of $295K, expenses of $218K, and assets of $512K (revenue +20.5% year-over-year).
- 2016: Revenue of $245K, expenses of $186K, and assets of $434K (revenue -1.7% year-over-year).
- 2015: Revenue of $250K, expenses of $304K, and assets of $376K (revenue -2.3% year-over-year).
- 2014: Revenue of $256K, expenses of $325K, and assets of $431K (revenue -2.3% year-over-year).
- 2013: Revenue of $262K, expenses of $330K, and assets of $507K (revenue -25.1% year-over-year).
- 2012: Revenue of $349K, expenses of $402K, and assets of $573K (revenue +49.7% year-over-year).
- 2011: Revenue of $233K, expenses of $246K, and assets of $644K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sheet Metal Contractors Associationof Central And Southern New Jersey:
Data Sources and Methodology
This transparency report for Sheet Metal Contractors Associationof Central And Southern New Jersey 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.