Sheet Metal Workers Local No 2 Building Association is a 501(c)(2) organization based in Kansas City, Missouri, registered in 1981, with $53,917 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$54K
▼ 64.4% vs prior year
Expenses (FY2024)
$222K
Net assets
$1.1M
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 Workers Local No 2 Building Association— 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 No 2 Building Association: 61 mo reserves · -311% margin earns a F 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 No 2 Building Association— 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 No 2 Building Association: 2 of 5 disclosure signals earns a C 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.
Revenue grew from -$40K (FY2013) to $54K (FY2024) across 11 reported years.
Financial snapshot
Operating margin
-311.3%
Spent more than it raised in the latest fiscal year.
Total assets
$1.1M
Total liabilities
$0
Net assets
$1.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $53,917▼64.4% | $221,738▼11.1% | $1,135,029▼1.9% | $1,135,029▼1.9% | 990 |
| 2023 | $151,404▲0.3% | $249,490▼26.8% | $1,157,055▼2.9% | $1,157,055▼2.9% | 990 |
| 2022 | $151,003▼0.1% | $340,764▲25.3% | $1,191,143▼2.7% | $1,191,143▼2.7% | 990 |
| 2021 | $151,215▼17.5% | $272,019▲0.9% | $1,224,250▼2.7% | $1,224,250▼2.7% | 990 |
| 2020 | $183,283▼67.8% | $269,543▼10.5% | $1,258,449▼5.0% | $1,258,449▼5.0% | 990 |
| 2019 | $569,952▲190% | $301,277▲13.1% | $1,324,709▲25.4% | $1,324,709▼6.9% | 990 |
| 2018 | $196,529▼11.4% | $266,276▲13.0% | $1,056,034▼6.2% | $1,422,469▼5.5% | 990 |
| 2017 | $221,760▲29.9% | $235,702▲9.5% | $1,125,781▼1.2% | $1,506,028▲15.8% | 990 |
| 2016 | $170,764▼5.4% | $215,187▼2.2% | $1,139,723▼3.8% | $1,300,973▲9.9% | 990 |
| 2015 | $180,430▲550% | $220,073 | $1,184,146▲1.7% | $1,184,146▲1.7% | 990 |
| 2013 | -$40,103 | $0 | $1,164,423▼3.3% | $1,164,423▼3.3% | 990 |
| 2012 | — | $0 | $1,204,526▼3.2% | $1,204,526▼3.5% | 990 |
| 2011 | — | $0▼100% | $1,244,308▼4.4% | $1,248,327▼4.5% | 990 |
| 2010 | — | $59,845 | $1,302,113 | $1,306,612 | 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.
Explore more
Data for Sheet Metal Workers Local No 2 Building Association (EIN 43-1223980) 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.