Sheet Metal Industry Fund of the Tri-counties Inc is a 501(c)(6) organization based in Ventura, California, registered in 1992, with $427,902 in FY2023 revenue. CharityIndex grades it D.
Revenue (FY2023)
$428K
▼ 6.0% vs prior year
Expenses (FY2023)
$454K
Net assets
-$48K
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 Sheet Metal Industry Fund of the Tri-counties Inc— 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 Sheet Metal Industry Fund of the Tri-counties Inc: 0 mo reserves · -6% margin earns a D 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 Sheet Metal Industry Fund of the Tri-counties Inc— 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 Sheet Metal Industry Fund of the Tri-counties Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $202K (FY2013) to $428K (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-6.0%
Spent more than it raised in the latest fiscal year.
Total assets
$34K
Total liabilities
$82K
Net assets
-$48K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $427,902▼6.0% | $453,768▲1.0% | -$47,505▼120% | $34,372▼6.6% | 990 |
| 2022 | $455,284▲2.6% | $449,368▲2.8% | -$21,639▲21.5% | $36,806▲4.3% | 990 |
| 2021 | $443,908▲8.9% | $437,075▲10.6% | -$27,555▲19.9% | $35,274▲11.5% | 990 |
| 2020 | $407,613▲6.9% | $395,021▼1.7% | -$34,388▲26.8% | $31,630▲7.7% | 990 |
| 2019 | $381,131▲4.6% | $401,744▲10.4% | -$46,980▼78.2% | $29,381▼2.2% | 990 |
| 2018 | $364,281▲4.5% | $363,854▼8.2% | -$26,367▲1.6% | $30,046▼4.6% | 990 |
| 2017 | $348,705▼5.6% | $396,467▲11.8% | -$26,794▼228% | $31,495▼31.0% | 990 |
| 2016 | $369,289▲14.4% | $354,588▲0.3% | $20,968▲235% | $45,636▲35.3% | 990 |
| 2015 | $322,880▲2.6% | $353,395▲24.5% | $6,267▼83.0% | $33,723▼42.4% | 990 |
| 2014 | $314,558▲55.8% | $283,924▲25.4% | $36,782▲498% | $58,587▲50.5% | 990 |
| 2013 | $201,915 | $226,384 | $6,148 | $38,932 | 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 Sheet Metal Industry Fund of the Tri-counties Inc (EIN 77-0304136) 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.