Sheet Metal Workers Local 214 Supplemental Welfare Plan
EIN: 461757206 · Baton Rouge, LA · NTEE: Y20
| Metric | Value |
|---|---|
| Total Revenue | $204K |
| Total Expenses | $166K |
| Net Assets | $600K |
Is Sheet Metal Workers Local 214 Supplemental Welfare Plan Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Sheet Metal Workers Local 214 Supplemental Welfare Plan
Sheet Metal Workers Local 214 Supplemental Welfare Plan (EIN: 461757206) is a nonprofit organization based in Baton Rouge, LA, classified under NTEE code Y20. The organization reported total revenue of $204K and total assets of $551K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Sheet Metal Workers Local 214 Supplemental Welfare Plan's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Sheet Metal Workers Local 214 Supplemental Welfare Plan is a small nonprofit that has been operating for 12 years, with 11 years of IRS 990 filings on record (2013–2023). Revenue has grown at a compound annual rate of -13.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $48K |
| Total Expenses | $166K |
| Surplus / Deficit | $-117,511 |
| Total Assets | $600K |
| Total Liabilities | $139 |
| Net Assets | $600K |
| Operating Margin | -242.7% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 43.4 months |
Financial Health Grade: B
In 2023, Sheet Metal Workers Local 214 Supplemental Welfare Plan reported a deficit of $118K with expenses exceeding revenue, holds 43.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 11 years of filings (2013–2023), Sheet Metal Workers Local 214 Supplemental Welfare Plan's revenue has declined at a compound annual growth rate (CAGR) of -13.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -5.8% | -8.5% | -10.7% |
| 2022 | -70.0% | -19.2% | -27.7% |
| 2021 | -8.6% | +26.5% | -4.8% |
| 2020 | -16.5% | +4.5% | +8.3% |
| 2019 | -28.4% | -7.6% | +8.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2014 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Sheet Metal Workers Local 214 Supplemental Welfare Plan 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 Sheet Metal Workers Local 214 Supplemental Welfare Plan 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 deficit of $118K, with expenses exceeding revenue.
- Debt-to-asset ratio: 0.0%.
Frequently Asked Questions about Sheet Metal Workers Local 214 Supplemental Welfare Plan
Is Sheet Metal Workers Local 214 Supplemental Welfare Plan a legitimate charity?
Based on AI analysis of IRS 990 filings, Sheet Metal Workers Local 214 Supplemental Welfare Plan (EIN: 461757206) insufficient data. 0 red flags identified, 0 strengths noted.
How does Sheet Metal Workers Local 214 Supplemental Welfare Plan spend its money?
Detailed spending breakdown data is not yet available for Sheet Metal Workers Local 214 Supplemental Welfare Plan. Check back for updated IRS 990 analysis.
Are donations to Sheet Metal Workers Local 214 Supplemental Welfare Plan tax-deductible?
Sheet Metal Workers Local 214 Supplemental Welfare Plan is registered as a tax-exempt nonprofit (EIN: 461757206). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Sheet Metal Workers Local 214 Supplemental Welfare Plan located?
Sheet Metal Workers Local 214 Supplemental Welfare Plan is headquartered in Baton Rouge, Louisiana and files with the IRS under EIN 461757206. It is classified under NTEE code Y20.
How many years of IRS 990 filings does Sheet Metal Workers Local 214 Supplemental Welfare Plan have?
Sheet Metal Workers Local 214 Supplemental Welfare Plan has 11 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 $204K in total revenue.
Filing History
IRS 990 filing history for Sheet Metal Workers Local 214 Supplemental Welfare Plan showing financial trends over 11 years of public records:
Over 11 years of IRS 990 filings (2013–2023), Sheet Metal Workers Local 214 Supplemental Welfare Plan's revenue has declined by 76.7%, moving from $208K to $48K. Total assets increased by 384.8% over the same period, from $124K to $600K. Total functional expenses rose by 97%, from $84K to $166K. In its most recent filing year (2023), Sheet Metal Workers Local 214 Supplemental Welfare Plan reported a deficit of $118K, with expenses exceeding revenue. The organization holds $139 in liabilities against $600K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $600K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $48K | $166K | $600K | $139 | — | — |
| 2022 | $51K | $181K | $672K | $119 | — | View 990 |
| 2021 | $171K | $224K | $930K | $175 | — | — |
| 2020 | $187K | $178K | $977K | $76 | — | — |
| 2019 | $224K | $170K | $901K | $0 | — | View 990 |
| 2018 | $313K | $184K | $831K | $250 | — | View 990 |
| 2017 | $286K | $179K | $701K | $250 | — | View 990 |
| 2016 | $276K | $154K | $595K | $250 | — | View 990 |
| 2015 | $290K | $141K | $473K | $250 | — | View 990 |
| 2014 | $333K | $133K | $324K | $250 | — | View 990 |
| 2013 | $208K | $84K | $124K | $250 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $48K, expenses of $166K, and assets of $600K (revenue -5.8% year-over-year).
- 2022: Revenue of $51K, expenses of $181K, and assets of $672K (revenue -70.0% year-over-year).
- 2021: Revenue of $171K, expenses of $224K, and assets of $930K (revenue -8.6% year-over-year).
- 2020: Revenue of $187K, expenses of $178K, and assets of $977K (revenue -16.5% year-over-year).
- 2019: Revenue of $224K, expenses of $170K, and assets of $901K (revenue -28.4% year-over-year).
- 2018: Revenue of $313K, expenses of $184K, and assets of $831K (revenue +9.6% year-over-year).
- 2017: Revenue of $286K, expenses of $179K, and assets of $701K (revenue +3.5% year-over-year).
- 2016: Revenue of $276K, expenses of $154K, and assets of $595K (revenue -4.7% year-over-year).
- 2015: Revenue of $290K, expenses of $141K, and assets of $473K (revenue -12.9% year-over-year).
- 2014: Revenue of $333K, expenses of $133K, and assets of $324K (revenue +60.0% year-over-year).
- 2013: Revenue of $208K, expenses of $84K, and assets of $124K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Sheet Metal Workers Local 214 Supplemental Welfare Plan:
Data Sources and Methodology
This transparency report for Sheet Metal Workers Local 214 Supplemental Welfare Plan 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.