Milwaukee Area Sheet Metal Apprenticeship & Training Tr is a 501(c)(3) organization based in Waukesha, Wisconsin, registered in 1975, with $3,401,497 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$3.4M
▲ 22.8% vs prior year
Education median: $200K
Expenses (FY2024)
$1.1M
Net assets
$8.4M
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 Milwaukee Area Sheet Metal Apprenticeship & Training Tr— 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 Milwaukee Area Sheet Metal Apprenticeship & Training Tr: 90 mo reserves · +67% 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 Milwaukee Area Sheet Metal Apprenticeship & Training Tr— 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 Milwaukee Area Sheet Metal Apprenticeship & Training Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $682K (FY2013) to $3.4M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
67.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$8.7M
Total liabilities
$295K
Net assets
$8.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $3,401,497▲22.8% | $1,115,281▲3.2% | $8,370,876▲41.7% | $8,665,728▲39.9% | 990 |
| 2023 | $2,769,377▲10.0% | $1,080,780▲15.6% | $5,909,312▲48.0% | $6,193,226▲46.2% | 990 |
| 2022 | $2,518,132▲16.7% | $934,918▲13.3% | $3,993,402▲38.6% | $4,235,619▲35.2% | 990 |
| 2021 | $2,158,226▲68.3% | $824,927▼3.4% | $2,882,175▲68.9% | $3,131,770▲56.9% | 990 |
| 2020 | $1,282,577▲27.7% | $853,583▼18.1% | $1,705,957▲33.6% | $1,996,293▲28.4% | 990 |
| 2019 | $1,004,664▲27.6% | $1,041,625▲19.5% | $1,276,963▼2.8% | $1,555,217▼2.4% | 990 |
| 2018 | $787,277▲4.3% | $871,728▲19.2% | $1,313,924▼6.0% | $1,592,742▼2.7% | 990 |
| 2017 | $754,811▲3.2% | $731,381▲19.0% | $1,398,375▲1.7% | $1,636,567▲18.1% | 990 |
| 2016 | $731,621▼5.0% | $614,484▼1.4% | $1,374,945▲9.3% | $1,385,262▲9.9% | 990 |
| 2015 | $769,926▲3.0% | $623,454▲4.7% | $1,257,808▲13.2% | $1,260,808▲13.4% | 990 |
| 2014 | $747,372▲9.6% | $595,284▲4.1% | $1,111,336▲15.9% | $1,111,677▲15.8% | 990 |
| 2013 | $681,996 | $571,997▼30.4% | $959,248▲13.0% | $959,592▲12.8% | 990 |
| 2012 | — | $821,312▲31.3% | $849,249▼6.8% | $850,683▼7.5% | 990 |
| 2011 | — | $625,630▼8.1% | $911,324▲14.2% | $919,730▲14.4% | 990 |
| 2010 | — | $680,418 | $797,794 | $804,083 | 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 Milwaukee Area Sheet Metal Apprenticeship & Training Tr (EIN 39-6256792) 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.