International Assn of Heat & Frost Insulators & Asbestos Workers L-41 is a 501(c)(5) organization based in Fort Wayne, Indiana, registered in 1940, with $639,629 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$640K
▼ 9.6% vs prior year
Expenses (FY2024)
$688K
Net assets
$1.4M
Employees
—
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 International Assn of Heat & Frost Insulators & Asbestos Workers L-41— 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 International Assn of Heat & Frost Insulators & Asbestos Workers L-41: 25 mo reserves · -8% margin earns a B+ 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 International Assn of Heat & Frost Insulators & Asbestos Workers L-41— 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 International Assn of Heat & Frost Insulators & Asbestos Workers L-41: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $1.2M (FY2013) to $640K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-7.5%
Spent more than it raised in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$26K
Net assets
$1.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $639,629▼9.6% | $687,811▼10.0% | $1,445,669▼3.2% | $1,472,050▼3.0% | 990 |
| 2023 | $707,251▼2.7% | $764,019▼4.0% | $1,493,851▼0.4% | $1,517,141▼1.9% | 990 |
| 2022 | $726,509▼8.1% | $796,173▼8.6% | $1,500,033▼4.3% | $1,546,085▼4.2% | 990 |
| 2021 | $790,638▼31.8% | $871,020▼13.1% | $1,566,787▼4.9% | $1,613,788▼4.4% | 990 |
| 2020 | $1,158,990▼18.2% | $1,002,628▼14.0% | $1,647,169▲10.8% | $1,688,401▲11.2% | 990 |
| 2019 | $1,417,663▲55.2% | $1,166,244▲12.5% | $1,486,969▲20.8% | $1,518,380▲22.5% | 990 |
| 2018 | $913,686▲12.2% | $1,036,259▲6.4% | $1,231,261▼8.8% | $1,239,787▼10.1% | 990 |
| 2017 | $814,504▼52.6% | $974,106▼34.8% | $1,349,650▼9.7% | $1,379,199▼8.0% | 990 |
| 2016 | $1,717,997▲13.8% | $1,494,347▲28.7% | $1,494,367▲17.6% | $1,499,902▲17.7% | 990 |
| 2015 | $1,510,242▲11.0% | $1,161,314▼4.1% | $1,270,717▲37.9% | $1,274,153▲37.5% | 990 |
| 2014 | $1,360,848▲12.2% | $1,211,549▼1.8% | $921,788▲19.3% | $926,828▲19.1% | 990 |
| 2013 | $1,213,253 | $1,233,309▲5.7% | $772,489▼2.5% | $778,476▼2.5% | 990 |
| 2012 | — | $1,167,185▼4.5% | $792,545▲3.0% | $798,358▲3.1% | 990 |
| 2011 | — | $1,221,721 | $769,368 | $774,456 | 990 |
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 International Assn of Heat & Frost Insulators & Asbestos Workers L-41 (EIN 35-1392794) 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.