Steel Erection And Ornamental Iron Industry Advancement Fund
Steel Erection And Ornamental Iron Industry Advancement Fund: Stable Finances, Limited Public Detail
EIN: 222514310 · Braintree, MA · Updated: 2026-04-04
Is Steel Erection And Ornamental Iron Industry Advancement Fund Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Steel Erection And Ornamental Iron Industry Advancement Fund
Steel Erection And Ornamental Iron Industry Advancement Fund (EIN: 222514310) is a nonprofit organization based in Braintree, MA. The organization reported total revenue of $259K and total assets of $862K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Steel Erection And Ornamental Iron Industry Advancement Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Steel Erection And Ornamental Iron Industry Advancement Fund with a Mission Score of 65 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 100%
- programs: 0%
- fundraising: 0%
According to IRS 990 filings, Steel Erection And Ornamental Iron Industry Advancement Fund allocates its expenses as follows: admin: 100%, programs: 0%, fundraising: 0%.
Executive Compensation Analysis
Executive compensation is not reported on the available Form 990-EZ filings, suggesting that no officers, directors, trustees, or key employees received more than $100,000 in reportable compensation.
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 Steel Erection And Ornamental Iron Industry Advancement Fund's IRS 990 filings:
- Consistent reporting of $0 for program service accomplishments raises questions about the organization's direct charitable impact.
- Lack of detailed public information regarding activities and how funds are utilized beyond administrative costs.
- The organization's name suggests industry advancement, but the filings do not elaborate on how this is achieved without direct program spending.
Strengths
The following positive indicators were identified for Steel Erection And Ornamental Iron Industry Advancement Fund:
- Consistent revenue generation and asset growth over the past several years, indicating financial stability.
- Low administrative expenses relative to total expenses in most years (e.g., $154,108 in expenses against $267,323 in revenue for 2023).
- No reported liabilities or debt, suggesting a healthy balance sheet.
Frequently Asked Questions about Steel Erection And Ornamental Iron Industry Advancement Fund
Is Steel Erection And Ornamental Iron Industry Advancement Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Steel Erection And Ornamental Iron Industry Advancement Fund (EIN: 222514310) some concerns. Mission Score: 65/100. 3 red flags identified, 3 strengths noted.
How does Steel Erection And Ornamental Iron Industry Advancement Fund spend its money?
Detailed spending breakdown data is not yet available for Steel Erection And Ornamental Iron Industry Advancement Fund. Check back for updated IRS 990 analysis.
Are donations to Steel Erection And Ornamental Iron Industry Advancement Fund tax-deductible?
Steel Erection And Ornamental Iron Industry Advancement Fund is registered as a tax-exempt nonprofit (EIN: 222514310). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What does Steel Erection And Ornamental Iron Industry Advancement Fund do?
Steel Erection And Ornamental Iron Industry Advancement Fund is a nonprofit organization in the Unknown sector, located in Braintree, Massachusetts. It is classified under NTEE code Unknown.
How much revenue does Steel Erection And Ornamental Iron Industry Advancement Fund have?
Steel Erection And Ornamental Iron Industry Advancement Fund reported total revenue of $258,643. Based on 13 IRS 990 filings on record.
What are Steel Erection And Ornamental Iron Industry Advancement Fund's total assets?
Steel Erection And Ornamental Iron Industry Advancement Fund holds total assets of $861,538 as reported in IRS 990 filings.
Where is Steel Erection And Ornamental Iron Industry Advancement Fund located?
Steel Erection And Ornamental Iron Industry Advancement Fund is based in Braintree, Massachusetts.
What is Steel Erection And Ornamental Iron Industry Advancement Fund's EIN?
Steel Erection And Ornamental Iron Industry Advancement Fund's Employer Identification Number (EIN) is 222514310. This is the unique tax ID assigned by the IRS for tax-exempt organizations.
What type of nonprofit is Steel Erection And Ornamental Iron Industry Advancement Fund?
Steel Erection And Ornamental Iron Industry Advancement Fund is classified under NTEE code Unknown (Unknown).
Is Steel Erection And Ornamental Iron Industry Advancement Fund a registered 501(c)(3)?
Steel Erection And Ornamental Iron Industry Advancement Fund appears in IRS records (EIN: 222514310). Check the IRS Tax Exempt Organization Search for the most current determination letter status.
Does Steel Erection And Ornamental Iron Industry Advancement Fund file IRS Form 990?
Yes, Steel Erection And Ornamental Iron Industry Advancement Fund has 13 IRS Form 990 filings on record. The most recent covers tax period 202312.
What was Steel Erection And Ornamental Iron Industry Advancement Fund's revenue in 2023?
In the 202312 filing period, Steel Erection And Ornamental Iron Industry Advancement Fund reported total revenue of $267,323, total expenses of $154,108, and net assets of $770,245.
Is Steel Erection And Ornamental Iron Industry Advancement Fund's revenue growing or declining?
Steel Erection And Ornamental Iron Industry Advancement Fund's revenue is growing. Revenue went from $248,495 (202212) to $267,323 (202312), a +7.6% change. Based on 13 filings on record.
What is Steel Erection And Ornamental Iron Industry Advancement Fund's most recent 990 filing?
The most recent IRS Form 990 filing for Steel Erection And Ornamental Iron Industry Advancement Fund covers tax period 202312. It shows revenue of $267,323, expenses of $154,108, total assets of $770,245, and liabilities of N/A.
Is Steel Erection And Ornamental Iron Industry Advancement Fund a trustworthy charity?
Based on AI analysis of IRS 990 data, Steel Erection And Ornamental Iron Industry Advancement Fund shows mixed signals. Mission Score: 65/100 (Good). 3 red flags identified. 3 strengths noted.
What are the red flags for Steel Erection And Ornamental Iron Industry Advancement Fund?
The following concerns were identified: Consistent reporting of $0 for program service accomplishments raises questions about the organization's direct charitable impact.. Lack of detailed public information regarding activities and how funds are utilized beyond administrative costs.. The organization's name suggests industry advancement, but the filings do not elaborate on how this is achieved without direct program spending.. These flags are based on automated analysis of IRS 990 public filings and should be verified independently.
What are Steel Erection And Ornamental Iron Industry Advancement Fund's strengths?
Positive indicators for Steel Erection And Ornamental Iron Industry Advancement Fund include: Consistent revenue generation and asset growth over the past several years, indicating financial stability.. Low administrative expenses relative to total expenses in most years (e.g., $154,108 in expenses against $267,323 in revenue for 2023).. No reported liabilities or debt, suggesting a healthy balance sheet.. These findings are derived from AI analysis of the organization's financial filings.
How does Steel Erection And Ornamental Iron Industry Advancement Fund compensate executives?
Executive compensation is not reported on the available Form 990-EZ filings, suggesting that no officers, directors, trustees, or key employees received more than $100,000 in reportable compensation. Executive compensation data is sourced from IRS 990 filings, which require disclosure of officer, director, and key employee pay.
Given the organization's name and consistent reporting of zero program service accomplishments, what specific activities or services does the 'Industry Advancement Fund' actually provide to the steel erection and ornamental iron industry?
The available Form 990-EZ filings do not provide specific details on how the 'Industry Advancement Fund' advances the industry. All reported expenses are categorized as administrative, with no direct program service accomplishments listed. This suggests that the 'advancement' may occur through indirect means not captured by typical program spending, or that the scope of activities is very narrow and administrative in nature.
Filing History
IRS 990 filing history for Steel Erection And Ornamental Iron Industry Advancement Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Steel Erection And Ornamental Iron Industry Advancement Fund's revenue has grown by 374.9%, moving from $56K to $267K. Total assets increased by 179.3% over the same period, from $276K to $770K. Total functional expenses rose by 365%, from $33K to $154K. In its most recent filing year (2023), Steel Erection And Ornamental Iron Industry Advancement Fund reported a surplus of $113K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $267K | $154K | $770K | $0 | — | — |
| 2022 | $248K | $175K | $657K | $0 | — | — |
| 2021 | $172K | $155K | $635K | $51K | — | View 990 |
| 2020 | $139K | $57K | $567K | $0 | — | View 990 |
| 2019 | $143K | $112K | $484K | $0 | — | View 990 |
| 2018 | $155K | $121K | $454K | $0 | — | View 990 |
| 2017 | $138K | $96K | $419K | $0 | — | — |
| 2016 | $123K | $124K | $353K | $0 | — | View 990 |
| 2015 | $119K | $64K | $353K | $0 | — | View 990 |
| 2014 | $110K | $86K | $297K | $0 | — | View 990 |
| 2013 | $95K | $90K | $273K | $0 | — | View 990 |
| 2012 | $87K | $93K | $269K | $0 | — | View 990 |
| 2011 | $56K | $33K | $276K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $267K, expenses of $154K, and assets of $770K (revenue +7.6% year-over-year).
- 2022: Revenue of $248K, expenses of $175K, and assets of $657K (revenue +44.9% year-over-year).
- 2021: Revenue of $172K, expenses of $155K, and assets of $635K (revenue +23.2% year-over-year).
- 2020: Revenue of $139K, expenses of $57K, and assets of $567K (revenue -2.6% year-over-year).
- 2019: Revenue of $143K, expenses of $112K, and assets of $484K (revenue -8.0% year-over-year).
- 2018: Revenue of $155K, expenses of $121K, and assets of $454K (revenue +13.0% year-over-year).
- 2017: Revenue of $138K, expenses of $96K, and assets of $419K (revenue +11.8% year-over-year).
- 2016: Revenue of $123K, expenses of $124K, and assets of $353K (revenue +3.0% year-over-year).
- 2015: Revenue of $119K, expenses of $64K, and assets of $353K (revenue +8.8% year-over-year).
- 2014: Revenue of $110K, expenses of $86K, and assets of $297K (revenue +15.9% year-over-year).
- 2013: Revenue of $95K, expenses of $90K, and assets of $273K (revenue +9.3% year-over-year).
- 2012: Revenue of $87K, expenses of $93K, and assets of $269K (revenue +54.0% year-over-year).
- 2011: Revenue of $56K, expenses of $33K, and assets of $276K.
Data Sources and Methodology
This transparency report for Steel Erection And Ornamental Iron Industry Advancement 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.