Heat & Frost Insulators & Allied Workers 81 Apprenticeship Fund is a 501(c)(3) organization based in Rock Island, Illinois, registered in 2024, with $199,833 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$200K
▼ 9.3% vs prior year
Education median: $200K
Expenses (FY2024)
$198K
Net assets
$226K
Employees
—
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Heat & Frost Insulators & Allied Workers 81 Apprenticeship Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Heat & Frost Insulators & Allied Workers 81 Apprenticeship Fund: 14 mo reserves · +1% margin earns a A on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Heat & Frost Insulators & Allied Workers 81 Apprenticeship Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Heat & Frost Insulators & Allied Workers 81 Apprenticeship Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $127K (FY2010) to $200K (FY2024) across 15 reported years.
Financial snapshot
Operating margin
1.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$244K
Total liabilities
$18K
Net assets
$226K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $199,833▼9.3% | $197,926▲13.7% | $226,054▲0.9% | $243,876▲5.0% | 990EZ |
| 2023 | $220,334▲25.8% | $174,119▲4.6% | $224,147▲26.0% | $232,282▲23.1% | 990 |
| 2022 | $175,169▼7.4% | $166,541▲32.9% | $177,932▲5.1% | $188,678▲5.7% | 990EZ |
| 2021 | $189,095▲11.4% | $125,357▲5.1% | $169,304▲60.4% | $178,577▲32.2% | 990EZ |
| 2020 | $169,687▲37.0% | $119,229▼14.2% | $105,566▲91.6% | $135,068▲135% | 990EZ |
| 2019 | $123,853▼1.9% | $139,015▼2.8% | $55,108▼21.6% | $57,401▼26.3% | 990EZ |
| 2018 | $126,242▼5.6% | $143,018▼3.4% | $70,270▼19.3% | $77,934▼21.0% | 990EZ |
| 2017 | $133,785▲4.4% | $148,028▲3.3% | $87,046▼14.1% | $98,671▼9.4% | 990EZ |
| 2016 | $128,174▼1.8% | $143,367▼2.8% | $101,289▼13.0% | $108,926▼11.8% | 990EZ |
| 2015 | $130,554▲0.2% | $147,459▲1.4% | $116,481▼12.7% | $123,559▼11.0% | 990EZ |
| 2014 | $130,333▼3.5% | $145,449▼5.7% | $133,386▼10.2% | $138,772▼10.1% | 990EZ |
| 2013 | $135,060▲3.3% | $154,252▲120% | $148,502▼11.4% | $154,333▼10.8% | 990EZ |
| 2012 | $130,707▲12.0% | $70,046▼56.6% | $167,694▲56.7% | $173,026▲53.0% | 990EZ |
| 2011 | $116,696▼8.3% | $161,578▲1.2% | $107,033▼29.5% | $113,083▼27.9% | 990EZ |
| 2010 | $127,295 | $159,676 | $151,915 | $156,758 | 990EZ |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Heat & Frost Insulators & Allied Workers 81 Apprenticeship Fund (EIN 42-0949270) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.