Sheet Metal Workers Local 18 El&w is a 501(c)(3) organization based in Waukesha, Wisconsin, registered in 1976, with $727,937 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$728K
▲ 14.0% vs prior year
Education median: $200K
Expenses (FY2024)
$544K
Net assets
$1.1M
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 Sheet Metal Workers Local 18 El&w— 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 Workers Local 18 El&w: 24 mo reserves · +25% 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 Sheet Metal Workers Local 18 El&w— 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 Workers Local 18 El&w: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $112K (FY2010) to $728K (FY2024) across 15 reported years.
Financial snapshot
Operating margin
25.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$23K
Net assets
$1.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $727,937▲14.0% | $543,863▼8.2% | $1,101,558▲20.1% | $1,124,776▲18.8% | 990 |
| 2023 | $638,689▲12.3% | $592,477▲20.3% | $917,484▲5.3% | $946,808▲5.9% | 990 |
| 2022 | $568,855▲7.2% | $492,498▲5.9% | $871,272▲9.6% | $894,168▲8.9% | 990 |
| 2021 | $530,608▲17.5% | $465,147▲7.1% | $794,915▲9.0% | $821,274▲7.8% | 990 |
| 2020 | $451,683▲2.4% | $434,210▲35.9% | $729,454▲2.5% | $761,717▲1.7% | 990 |
| 2019 | $441,127▲79.6% | $319,543▲47.9% | $711,981▲20.6% | $748,671▲23.9% | 990 |
| 2018 | $245,614▲17.3% | $216,118▲38.3% | $590,397▲5.3% | $604,409▼6.7% | 990 |
| 2017 | $209,444▲12.2% | $156,259▲30.4% | $560,901▲10.5% | $648,120▲9.5% | 990 |
| 2016 | $186,604▲20.3% | $119,825▼29.9% | $507,716▲15.1% | $591,624▲12.0% | 990 |
| 2015 | $155,163▼7.0% | $170,942▲5.7% | $440,937▼3.5% | $528,301▼3.5% | 990 |
| 2014 | $166,783▲47.3% | $161,667▲54.0% | $456,716▲1.1% | $547,325▲0.4% | 990 |
| 2013 | $113,201▼10.3% | $104,967▲41.7% | $451,600▲1.9% | $545,327▲23.0% | 990 |
| 2012 | $126,201▲12.0% | $74,067▼15.0% | $443,366▲13.3% | $443,366▲13.3% | 990EZ |
| 2011 | $112,674▲1.1% | $87,124▲7.0% | $391,232▲7.0% | $391,232▲7.0% | 990EZ |
| 2010 | $111,502 | $81,412 | $365,682 | $365,682 | 990EZ |
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 Workers Local 18 El&w (EIN 39-1232364) 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.