Iron Workers Local 7 Joint Apprentice Committee Educational F is a 501(c)(3) organization based in South Boston, Massachusetts, registered in 1968, with $4,222,016 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$4.2M
▼ 11.5% vs prior year
Expenses (FY2023)
$3.3M
Net assets
$14.0M
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 Iron Workers Local 7 Joint Apprentice Committee Educational F— 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 Iron Workers Local 7 Joint Apprentice Committee Educational F: 52 mo reserves · +23% 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 Iron Workers Local 7 Joint Apprentice Committee Educational F— 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 Iron Workers Local 7 Joint Apprentice Committee Educational F: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $2.0M (FY2013) to $4.2M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
22.7%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$14.3M
Total liabilities
$292K
Net assets
$14.0M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $4,222,016▼11.5% | $3,262,459▲10.9% | $14,034,375▲7.4% | $14,326,005▲7.1% | 990 |
| 2022 | $4,769,595▲15.1% | $2,940,903▼5.3% | $13,062,845▲15.6% | $13,376,756▲15.9% | 990 |
| 2021 | $4,143,075▼5.4% | $3,106,860▲23.6% | $11,301,120▲8.5% | $11,540,012▲9.6% | 990 |
| 2020 | $4,381,503▲10.8% | $2,514,411▼16.2% | $10,411,093▲23.1% | $10,525,871▲19.1% | 990 |
| 2019 | $3,954,382▲3.0% | $3,000,554▼19.3% | $8,459,483▲12.4% | $8,839,020▲11.8% | 990 |
| 2018 | $3,839,286▲0.5% | $3,720,358▲34.2% | $7,526,609▲1.3% | $7,907,874▲1.5% | 990 |
| 2017 | $3,820,120▲33.8% | $2,771,402▲6.4% | $7,430,922▲16.3% | $7,789,628▲15.1% | 990 |
| 2016 | $2,854,913▲4.5% | $2,604,608▲16.1% | $6,388,003▲4.7% | $6,767,928▲7.7% | 990 |
| 2015 | $2,730,816▲11.7% | $2,242,484▲7.5% | $6,101,342▲7.3% | $6,283,230▲8.7% | 990 |
| 2014 | $2,445,732▲20.8% | $2,086,963▲10.5% | $5,685,545▲5.9% | $5,781,523▲5.5% | 990 |
| 2013 | $2,023,968 | $1,887,904▲7.1% | $5,370,431▲2.6% | $5,480,863▲1.9% | 990 |
| 2012 | — | $1,762,003▲3.3% | $5,234,913▼0.1% | $5,379,979▲0.3% | 990 |
| 2011 | — | $1,705,463 | $5,240,423 | $5,366,204 | 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 Iron Workers Local 7 Joint Apprentice Committee Educational F (EIN 04-6110167) 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.