Smacna Mid Atlantic Sheet Metal Industry Fund
Smacna Mid Atlantic Sheet Metal Industry Fund consistently operates at break-even with no reported officer compensation.
EIN: 205913717 · Landover, MD · NTEE: S41 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $836K |
| Total Expenses | $787K |
| Program Spending | 90% |
| Net Assets | $0 |
| Transparency Score | 85/100 |
Is Smacna Mid Atlantic Sheet Metal Industry Fund Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Smacna Mid Atlantic Sheet Metal Industry Fund directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Smacna Mid Atlantic Sheet Metal Industry Fund
Smacna Mid Atlantic Sheet Metal Industry Fund (EIN: 205913717) is a nonprofit organization based in Landover, MD, classified under NTEE code S41. The organization reported total revenue of $836K and total assets of $203K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Smacna Mid Atlantic Sheet Metal Industry Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Smacna Mid Atlantic Sheet Metal Industry Fund 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 1.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $787K |
| Total Expenses | $787K |
| Surplus / Deficit | +$0 |
| Total Assets | $194K |
| Total Liabilities | $194K |
| Net Assets | $0 |
| Operating Margin | 0.0% |
| Debt-to-Asset Ratio | 100.0% |
| Months of Reserves | 3.0 months |
Financial Health Grade: B
In 2023, Smacna Mid Atlantic Sheet Metal Industry Fund reported a surplus of $0 with revenue exceeding expenses, holds 3.0 months of operating reserves (adequate), has a debt-to-asset ratio of 100.0% (high leverage).
Financial Trends
Over 13 years of filings (2011–2023), Smacna Mid Atlantic Sheet Metal Industry Fund's revenue has grown at a compound annual growth rate (CAGR) of 1.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -4.0% | -4.0% | +56.6% |
| 2022 | -0.6% | -0.6% | -7.9% |
| 2021 | +1.1% | +1.1% | +74.7% |
| 2020 | -30.2% | -30.2% | -61.5% |
| 2019 | +11.1% | +11.1% | -9.1% |
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 Smacna Mid Atlantic Sheet Metal Industry Fund 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: 10%
- programs: 90%
- fundraising: 0%
According to IRS 990 filings, Smacna Mid Atlantic Sheet Metal Industry Fund allocates its expenses as follows: admin: 10%, programs: 90%, fundraising: 0%. With 90% 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 surplus of $0, with revenue exceeding expenses.
- Debt-to-asset ratio: 100.0%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that no officers or key employees receive direct compensation from the organization, which is a strong positive for financial efficiency and transparency.
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.
Strengths
The following positive indicators were identified for Smacna Mid Atlantic Sheet Metal Industry Fund:
- Consistent break-even operations, indicating sound financial management (e.g., 2023 Revenue=$787,343, Expenses=$787,343).
- Zero reported officer compensation across all filings, demonstrating high efficiency and transparency in executive pay.
- Stable revenue streams, generally ranging between $700,000 and $1.1 million annually over the past decade.
Frequently Asked Questions about Smacna Mid Atlantic Sheet Metal Industry Fund
Is Smacna Mid Atlantic Sheet Metal Industry Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Smacna Mid Atlantic Sheet Metal Industry Fund (EIN: 205913717) appears legitimate. Mission Score: 85/100. 0 red flags identified, 3 strengths noted.
How does Smacna Mid Atlantic Sheet Metal Industry Fund spend its money?
Smacna Mid Atlantic Sheet Metal Industry Fund directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Smacna Mid Atlantic Sheet Metal Industry Fund tax-deductible?
Smacna Mid Atlantic Sheet Metal Industry Fund is registered as a tax-exempt nonprofit (EIN: 205913717). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How does Smacna Mid Atlantic Sheet Metal Industry Fund compare to similar nonprofits?
With a transparency score of 85/100 (Excellent), Smacna Mid Atlantic Sheet Metal Industry Fund 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 Smacna Mid Atlantic Sheet Metal Industry Fund located?
Smacna Mid Atlantic Sheet Metal Industry Fund is headquartered in Landover, Maryland and files with the IRS under EIN 205913717. It is classified under NTEE code S41.
How many years of IRS 990 filings does Smacna Mid Atlantic Sheet Metal Industry Fund have?
Smacna Mid Atlantic Sheet Metal Industry 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 $836K in total revenue.
What are the specific programs or services funded by the Smacna Mid Atlantic Sheet Metal Industry Fund?
Based on the NTEE code S41 (Labor Unions/Organizations) and the consistent break-even financials, the fund likely supports industry-specific initiatives, training, or member services, but specific program details are not available in the provided financial summary.
How does the organization manage to have zero officer compensation?
The consistent reporting of 0% officer compensation suggests that executive functions may be performed by volunteers, by individuals compensated by a related entity, or that the fund's structure does not involve direct salary payments to officers.
Why do assets consistently equal liabilities in the financial filings?
The consistent equality of assets and liabilities (e.g., $193,740 in both for 2023) indicates that the organization likely operates on a fund accounting basis where all assets are offset by corresponding liabilities or fund balances, or it may reflect a trust-like structure where funds are held for specific purposes.
Filing History
IRS 990 filing history for Smacna Mid Atlantic Sheet Metal Industry Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Smacna Mid Atlantic Sheet Metal Industry Fund's revenue has grown by 25.2%, moving from $629K to $787K. Total assets increased by 20.1% over the same period, from $161K to $194K. Total functional expenses rose by 25.2%, from $629K to $787K. In its most recent filing year (2023), Smacna Mid Atlantic Sheet Metal Industry Fund reported a surplus of $0, with revenue exceeding expenses. The organization holds $194K in liabilities against $194K in assets (debt-to-asset ratio: 100.0%), resulting in net assets of $0.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $787K | $787K | $194K | $194K | — | — |
| 2022 | $820K | $820K | $124K | $124K | — | View 990 |
| 2021 | $825K | $825K | $134K | $134K | — | View 990 |
| 2020 | $816K | $816K | $77K | $77K | — | View 990 |
| 2019 | $1.2M | $1.2M | $200K | $200K | — | — |
| 2018 | $1.1M | $1.1M | $220K | $220K | — | View 990 |
| 2017 | $861K | $861K | $149K | $149K | — | View 990 |
| 2016 | $738K | $738K | $82K | $82K | — | View 990 |
| 2015 | $628K | $628K | $84K | $84K | — | View 990 |
| 2014 | $629K | $629K | $96K | $96K | — | View 990 |
| 2013 | $658K | $658K | $166K | $166K | — | View 990 |
| 2012 | $695K | $695K | $124K | $124K | — | View 990 |
| 2011 | $629K | $629K | $161K | $161K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $787K, expenses of $787K, and assets of $194K (revenue -4.0% year-over-year).
- 2022: Revenue of $820K, expenses of $820K, and assets of $124K (revenue -0.6% year-over-year).
- 2021: Revenue of $825K, expenses of $825K, and assets of $134K (revenue +1.1% year-over-year).
- 2020: Revenue of $816K, expenses of $816K, and assets of $77K (revenue -30.2% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.2M, and assets of $200K (revenue +11.1% year-over-year).
- 2018: Revenue of $1.1M, expenses of $1.1M, and assets of $220K (revenue +22.3% year-over-year).
- 2017: Revenue of $861K, expenses of $861K, and assets of $149K (revenue +16.7% year-over-year).
- 2016: Revenue of $738K, expenses of $738K, and assets of $82K (revenue +17.5% year-over-year).
- 2015: Revenue of $628K, expenses of $628K, and assets of $84K (revenue -0.1% year-over-year).
- 2014: Revenue of $629K, expenses of $629K, and assets of $96K (revenue -4.4% year-over-year).
- 2013: Revenue of $658K, expenses of $658K, and assets of $166K (revenue -5.3% year-over-year).
- 2012: Revenue of $695K, expenses of $695K, and assets of $124K (revenue +10.4% year-over-year).
- 2011: Revenue of $629K, expenses of $629K, and assets of $161K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Smacna Mid Atlantic Sheet Metal Industry Fund:
Data Sources and Methodology
This transparency report for Smacna Mid Atlantic Sheet Metal Industry 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.