Sheet Metal Workers Local 20 Apprenticeship & Training Tr
Only null% goes to programs Strong reserves Growing revenue
Sheet Metal Workers Local 20 Apprenticeship & Training Tr is a 501(c)(3) organization based in Indianapolis, Indiana, registered in 2003, with $6,615,898 in FY2024 revenue. CharityIndex grades it C+.
2828 E 45th St, Indianapolis, IN, 46205 EIN 35-1154275 Since 2003
Revenue (FY2024)
$6.6M
▲ 22.1% vs prior year
Education median: $200K
Expenses (FY2024)
$5.9M
Net assets
$7.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
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 →—Program efficiency40% of the ratingNo expense breakdown in filings
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 20 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 →
AFinancial health25% of the rating15 mo reserves · +11% margin
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 20 Apprenticeship & Training Tr: 15 mo reserves · +11% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 20 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 →
DTransparency10% of the rating1 of 5 disclosure signals
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 20 Apprenticeship & Training Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 2828 E 45th St, Indianapolis, IN, 46205
- City
- Indianapolis
- State
- Indiana
- Category
- Education
- Subcategory
- Vocational & Technical Schools
Financial trends
Revenue grew from $2.6M (FY2013) to $6.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $7.5M
Operating margin
10.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$7.5M
Total liabilities
$0
Net assets
$7.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,615,898▲22.1% | $5,901,656▲12.8% | $7,493,850▲11.5% | $7,493,850▲11.5% | 990 |
| 2023 | $5,419,517▲18.3% | $5,233,682▲14.6% | $6,723,541▲3.5% | $6,723,541▼4.9% | 990 |
| 2022 | $4,582,432▲16.6% | $4,567,871▲4.2% | $6,493,615▲0.5% | $7,071,024▲9.4% | 990 |
| 2021 | $3,929,061▼11.0% | $4,384,120▲7.0% | $6,462,738▼8.2% | $6,462,738▼8.2% | 990 |
| 2020 | $4,413,122▲9.3% | $4,098,126▲11.9% | $7,039,275▲5.1% | $7,039,275▼6.2% | 990 |
| 2019 | $4,039,318▲21.9% | $3,663,100▲8.1% | $6,697,400▲6.0% | $7,503,134▲6.7% | 990 |
| 2018 | $3,313,512▼3.3% | $3,387,988▲3.2% | $6,319,048▼1.2% | $7,029,351▼3.4% | 990 |
| 2017 | $3,425,240▼1.2% | $3,282,626▲12.3% | $6,393,524▲2.3% | $7,276,209▲1.4% | 990 |
| 2016 | $3,465,685▲13.0% | $2,923,538▲13.6% | $6,250,910▲9.5% | $7,178,658▲11.6% | 990 |
| 2015 | $3,065,720▲10.7% | $2,573,467 | $5,708,763▲9.4% | $6,434,709▲5.3% | 990 |
| 2014 | $2,770,468▲5.9% | $2,573,709▼0.2% | $5,216,510▲4.2% | $6,111,582▲4.2% | 990 |
| 2013 | $2,616,442 | $2,577,777▼0.5% | $5,007,740▲0.8% | $5,865,311▲2.1% | 990 |
| 2012 | — | $2,591,194▼2.5% | $4,969,075▲1.8% | $5,746,434▼1.9% | 990 |
| 2011 | — | $2,657,751▼8.0% | $4,880,787▼6.5% | $5,857,006▼20.3% | 990 |
| 2009 | — | $2,889,269 | $5,219,376 | $7,351,231 | 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.
Similar organizations in Education
Education
Circle City Preparatory Inc
Indianapolis, IN
$6.5M
Bannual revenue
Education
Zeta Tau Alpha Foundation Inc
Carmel, IN
$6.8M
Bannual revenue
Education
Alpha Chi Omega Foundation Inc
Indianapolis, IN
$6.3M
Bannual revenue
Education
The Endowment Fund of the Phi Kappa Psi Fraternity
Indianapolis, IN
$6.3M
C+annual revenue
Education
Kappa Alpha Theta Foundation
Indianapolis, IN
$6.2M
Bannual revenue
Education
Mooresville Christian Academy
Mooresville, IN
$6.2M
Bannual revenue
Education
Kelley Executive Education Foundation Inc
Bloomington, IN
$7.1M
Bannual revenue
- Education
Edison School of the Arts Inc
Indianapolis, IN
$6.1M
C+annual revenue
Education
Community Montessori
New Albany, IN
$7.2M
Bannual revenue
Education
Seven Oaks Classical School
Elletsville, IN
$6.0M
Bannual revenue
Compare Sheet Metal Workers Local 20 Apprenticeship & Training Tr
Frequently asked questions
- Is Sheet Metal Workers Local 20 Apprenticeship & Training Tr a legitimate nonprofit?
- Yes. Sheet Metal Workers Local 20 Apprenticeship & Training Tr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 35-1154275, based in Indianapolis, Indiana. Donations are tax-deductible.
- What is Sheet Metal Workers Local 20 Apprenticeship & Training Tr's EIN?
- Sheet Metal Workers Local 20 Apprenticeship & Training Tr's Employer Identification Number (EIN) is 35-1154275.
- How much revenue does Sheet Metal Workers Local 20 Apprenticeship & Training Tr report?
- Sheet Metal Workers Local 20 Apprenticeship & Training Tr reported $6,615,898 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Sheet Metal Workers Local 20 Apprenticeship & Training Tr have?
- CharityIndex grades Sheet Metal Workers Local 20 Apprenticeship & Training Tr C+, based on financial health (reserves and operating margin).
More nonprofits in Indianapolis
Explore more
Data for Sheet Metal Workers Local 20 Apprenticeship & Training Tr (EIN 35-1154275) 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.