Sheet Metal Workers Local No 4 Apprentice Training is a 501(c)(3) organization based in Memphis, Tennessee, registered in 1971, with $1,013,376 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.0M
▲ 75.5% vs prior year
Employment median: $367K
Expenses (FY2024)
$354K
Net assets
$1.5M
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 No 4 Apprentice Training— 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 4 Apprentice Training: 51 mo reserves · +65% 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 No 4 Apprentice Training— 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 4 Apprentice Training: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $57K (FY2010) to $1.0M (FY2024) across 15 reported years.
Financial snapshot
Operating margin
65.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.5M
Total liabilities
$3,912
Net assets
$1.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,013,376▲75.5% | $354,383▲58.1% | $1,515,868▲76.9% | $1,519,780▲76.8% | 990 |
| 2023 | $577,486▲204% | $224,183▲8.4% | $856,875▲70.2% | $859,464▲70.0% | 990 |
| 2022 | $189,823▲20.8% | $206,832▲20.1% | $503,572▼3.3% | $505,600▼3.2% | 990 |
| 2021 | $157,127▼14.6% | $172,173▲32.3% | $520,581▼2.8% | $522,188▼2.8% | 990 |
| 2020 | $183,942▲15.4% | $130,149▼17.5% | $535,627▲11.2% | $537,311▲11.2% | 990 |
| 2019 | $159,461▼8.4% | $157,680▲14.2% | $481,834▲0.4% | $483,113▲0.4% | 990EZ |
| 2018 | $174,076▲7.2% | $138,056▼2.1% | $480,053▲8.1% | $481,010▲7.6% | 990EZ |
| 2017 | $162,446▲10.1% | $140,956▲43.9% | $444,033▲5.1% | $446,933▲5.2% | 990EZ |
| 2016 | $147,567▼0.9% | $97,961▲12.9% | $422,543▲13.3% | $424,868▲13.1% | 990EZ |
| 2015 | $148,951▼4.2% | $86,774▲20.8% | $372,937▲20.0% | $375,562▲19.9% | 990EZ |
| 2014 | $155,481▲13.8% | $71,821▼16.6% | $310,760▲36.8% | $313,138▲37.1% | 990EZ |
| 2013 | $136,683▲30.4% | $86,149▲1.3% | $227,100▲28.6% | $228,339▲28.0% | 990EZ |
| 2012 | $104,814▲37.3% | $85,008▲5.9% | $176,566▲12.6% | $178,444▲12.8% | 990EZ |
| 2011 | $76,367▲33.9% | $80,247▼13.7% | $156,760▼1.0% | $158,205▼1.1% | 990EZ |
| 2010 | $57,033 | $92,998 | $158,411 | $160,025 | 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 No 4 Apprentice Training (EIN 62-0811943) 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.