Western States Boilermakers Industry Fund
EIN: 471810010 · Dublin, CA · NTEE: J40
Is Western States Boilermakers Industry Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Western States Boilermakers Industry Fund
Western States Boilermakers Industry Fund (EIN: 471810010) is a nonprofit organization based in Dublin, CA, classified under NTEE code J40. The organization reported total revenue of $3.0M and total assets of $4.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Western States Boilermakers Industry Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Western States Boilermakers Industry Fund is a mid-size nonprofit that has been operating for 11 years, with 9 years of IRS 990 filings on record (2015–2023). Revenue has grown at a compound annual rate of 28.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.8M |
| Total Expenses | $893K |
| Surplus / Deficit | +$897K |
| Total Assets | $2.3M |
| Total Liabilities | $45K |
| Net Assets | $2.3M |
| Operating Margin | 50.1% |
| Debt-to-Asset Ratio | 1.9% |
| Months of Reserves | 31.5 months |
Financial Health Grade: A
In 2023, Western States Boilermakers Industry Fund reported a surplus of $897K with revenue exceeding expenses, holds 31.5 months of operating reserves (strong position), has a debt-to-asset ratio of 1.9% (very low leverage).
Financial Trends
Over 9 years of filings (2015–2023), Western States Boilermakers Industry Fund's revenue has grown at a compound annual growth rate (CAGR) of 28.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +50.4% | +19.2% | +56.6% |
| 2022 | +66.4% | +231.7% | +52.7% |
| 2021 | +100.2% | +6.5% | +101.5% |
| 2020 | -36.5% | -54.4% | +7.6% |
| 2019 | +29.5% | +37.6% | +85.0% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 2015 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Western States Boilermakers Industry Fund 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 Western States Boilermakers Industry Fund 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 $897K, with revenue exceeding expenses.
- Debt-to-asset ratio: 1.9%.
Frequently Asked Questions about Western States Boilermakers Industry Fund
Is Western States Boilermakers Industry Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Western States Boilermakers Industry Fund (EIN: 471810010) insufficient data. 0 red flags identified, 0 strengths noted.
How does Western States Boilermakers Industry Fund spend its money?
Detailed spending breakdown data is not yet available for Western States Boilermakers Industry Fund. Check back for updated IRS 990 analysis.
Are donations to Western States Boilermakers Industry Fund tax-deductible?
Western States Boilermakers Industry Fund is registered as a tax-exempt nonprofit (EIN: 471810010). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Filing History
IRS 990 filing history for Western States Boilermakers Industry Fund showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2015–2023), Western States Boilermakers Industry Fund's revenue has grown by 649.1%, moving from $239K to $1.8M. Total assets increased by 1655.3% over the same period, from $134K to $2.3M. Total functional expenses rose by 707.4%, from $111K to $893K. In its most recent filing year (2023), Western States Boilermakers Industry Fund reported a surplus of $897K, with revenue exceeding expenses. The organization holds $45K in liabilities against $2.3M in assets (debt-to-asset ratio: 1.9%), resulting in net assets of $2.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.8M | $893K | $2.3M | $45K | — | — |
| 2022 | $1.2M | $749K | $1.5M | $94K | — | View 990 |
| 2021 | $715K | $226K | $980K | $19K | — | View 990 |
| 2020 | $357K | $212K | $486K | $15K | — | — |
| 2019 | $562K | $464K | $452K | $125K | — | View 990 |
| 2018 | $434K | $338K | $244K | $15K | — | View 990 |
| 2017 | $207K | $229K | $145K | $13K | — | View 990 |
| 2016 | $206K | $180K | $242K | $88K | — | View 990 |
| 2015 | $239K | $111K | $134K | $5K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.8M, expenses of $893K, and assets of $2.3M (revenue +50.4% year-over-year).
- 2022: Revenue of $1.2M, expenses of $749K, and assets of $1.5M (revenue +66.4% year-over-year).
- 2021: Revenue of $715K, expenses of $226K, and assets of $980K (revenue +100.2% year-over-year).
- 2020: Revenue of $357K, expenses of $212K, and assets of $486K (revenue -36.5% year-over-year).
- 2019: Revenue of $562K, expenses of $464K, and assets of $452K (revenue +29.5% year-over-year).
- 2018: Revenue of $434K, expenses of $338K, and assets of $244K (revenue +109.5% year-over-year).
- 2017: Revenue of $207K, expenses of $229K, and assets of $145K (revenue +0.7% year-over-year).
- 2016: Revenue of $206K, expenses of $180K, and assets of $242K (revenue -13.9% year-over-year).
- 2015: Revenue of $239K, expenses of $111K, and assets of $134K.
Data Sources and Methodology
This transparency report for Western States Boilermakers 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.