Structl Iron Wrks Union
EIN: 361835610 · Rock Island, IL
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $1.0M |
| Net Assets | $3.1M |
Is Structl Iron Wrks Union Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Structl Iron Wrks Union
Structl Iron Wrks Union (EIN: 361835610) is a nonprofit organization based in Rock Island, IL. The organization reported total revenue of $1.2M and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Structl Iron Wrks Union's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Structl Iron Wrks Union is a mid-size nonprofit that has been operating for 82 years, with 4 years of IRS 990 filings on record (2019–2023). Revenue has grown at a compound annual rate of -2.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.2M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$180K |
| Total Assets | $3.2M |
| Total Liabilities | $83K |
| Net Assets | $3.1M |
| Operating Margin | 14.9% |
| Debt-to-Asset Ratio | 2.6% |
| Months of Reserves | 37.3 months |
Financial Health Grade: A
In 2023, Structl Iron Wrks Union reported a surplus of $180K with revenue exceeding expenses, holds 37.3 months of operating reserves (strong position), has a debt-to-asset ratio of 2.6% (very low leverage).
Financial Trends
Over 4 years of filings (2019–2023), Structl Iron Wrks Union's revenue has declined at a compound annual growth rate (CAGR) of -2.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +4.8% | +15.1% | +6.4% |
| 2022 | -2.7% | +11.8% | +10.1% |
| 2021 | -11.0% | +8.7% | +51.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1944 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Structl Iron Wrks Union 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 Structl Iron Wrks Union 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 $180K, with revenue exceeding expenses.
- Debt-to-asset ratio: 2.6%.
Frequently Asked Questions about Structl Iron Wrks Union
Is Structl Iron Wrks Union a legitimate charity?
Based on AI analysis of IRS 990 filings, Structl Iron Wrks Union (EIN: 361835610) insufficient data. 0 red flags identified, 0 strengths noted.
How does Structl Iron Wrks Union spend its money?
Detailed spending breakdown data is not yet available for Structl Iron Wrks Union. Check back for updated IRS 990 analysis.
Are donations to Structl Iron Wrks Union tax-deductible?
Structl Iron Wrks Union is registered as a tax-exempt nonprofit (EIN: 361835610). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Structl Iron Wrks Union located?
Structl Iron Wrks Union is headquartered in Rock Island, Illinois and files with the IRS under EIN 361835610.
How many years of IRS 990 filings does Structl Iron Wrks Union have?
Structl Iron Wrks Union has 4 years of IRS 990 filings on record at NonprofitSpending. Additional filing years may become available as the IRS releases new data. The most recent filing shows $1.2M in total revenue.
Filing History
IRS 990 filing history for Structl Iron Wrks Union showing financial trends over 4 years of public records:
Over 4 years of IRS 990 filings (2019–2023), Structl Iron Wrks Union's revenue has declined by 9.3%, moving from $1.3M to $1.2M. Total assets increased by 76.9% over the same period, from $1.8M to $3.2M. Total functional expenses rose by 40%, from $737K to $1.0M. In its most recent filing year (2023), Structl Iron Wrks Union reported a surplus of $180K, with revenue exceeding expenses. The organization holds $83K in liabilities against $3.2M in assets (debt-to-asset ratio: 2.6%), resulting in net assets of $3.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.0M | $3.2M | $83K | — | View 990 |
| 2022 | $1.2M | $896K | $3.0M | $72K | — | View 990 |
| 2021 | $1.2M | $801K | $2.7M | $56K | — | — |
| 2019 | $1.3M | $737K | $1.8M | $41K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.0M, and assets of $3.2M (revenue +4.8% year-over-year).
- 2022: Revenue of $1.2M, expenses of $896K, and assets of $3.0M (revenue -2.7% year-over-year).
- 2021: Revenue of $1.2M, expenses of $801K, and assets of $2.7M (revenue -11.0% year-over-year).
- 2019: Revenue of $1.3M, expenses of $737K, and assets of $1.8M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Structl Iron Wrks Union:
Data Sources and Methodology
This transparency report for Structl Iron Wrks Union 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.