International Association of Heat & Frost Insulators & Allied Workers is a 501(c)(5) organization based in Hermantown, Minnesota, registered in 1940, with $391,399 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$391K
▼ 65.2% vs prior year
Expenses (FY2024)
$400K
Net assets
$1.7M
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 Association of Heat & Frost Insulators & Allied Workers— 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 Association of Heat & Frost Insulators & Allied Workers: 52 mo reserves · -2% 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 Association of Heat & Frost Insulators & Allied Workers— 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 Association of Heat & Frost Insulators & Allied Workers: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue declined from $466K (FY2013) to $391K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-2.2%
Spent more than it raised in the latest fiscal year.
Total assets
$1.7M
Total liabilities
$3,153
Net assets
$1.7M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $391,399▼65.2% | $399,997▼29.2% | $1,740,543▼0.5% | $1,743,696▼0.3% | 990 |
| 2023 | $1,124,081▼18.2% | $564,636▼14.7% | $1,749,141▲46.9% | $1,749,141▲46.9% | 990 |
| 2022 | $1,374,746▲179% | $661,885▲73.2% | $1,190,299▲149% | $1,190,299▲149% | 990 |
| 2021 | $492,343▲31.8% | $382,051▲15.4% | $477,438▲30.0% | $477,438▲30.0% | 990 |
| 2020 | $373,474▼13.7% | $331,109▼5.1% | $367,146▲13.0% | $367,146▲13.0% | 990 |
| 2019 | $432,948▲26.6% | $348,962▲5.1% | $324,781▲34.9% | $324,781▲34.9% | 990 |
| 2018 | $342,110▲5.7% | $332,182▲1.3% | $240,795▲4.3% | $240,795▲4.3% | 990 |
| 2017 | $323,768▼7.5% | $327,855▼9.2% | $230,867▼1.7% | $230,867▼1.7% | 990 |
| 2016 | $349,962▼20.2% | $361,040▲12.0% | $234,954▼4.5% | $234,954▼4.5% | 990 |
| 2015 | $438,480▲2.1% | $322,351▼35.0% | $246,032▲89.4% | $246,032▲89.4% | 990 |
| 2014 | $429,342▼7.9% | $495,633▲5.5% | $129,903▼33.8% | $129,903▼33.8% | 990 |
| 2013 | $466,341 | $469,961▲0.5% | $196,194▼1.8% | $196,194▼1.8% | 990 |
| 2012 | — | $467,734▲49.8% | $199,814▼8.6% | $199,814▼8.6% | 990 |
| 2011 | — | $312,269▼13.8% | $218,623▲3.0% | $218,623▲3.0% | 990 |
| 2010 | — | $362,469 | $212,222 | $212,222 | 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 Association of Heat & Frost Insulators & Allied Workers (EIN 41-6038044) 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.