Sheet Metal Workers Union Joint Apprenticeship & Training Co is a 501(c)(3) organization based in Anchorage, Alaska, registered in 1972, with $819,700 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$820K
▲ 9.6% vs prior year
Expenses (FY2023)
$769K
Net assets
$2.2M
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 Union Joint Apprenticeship & Training Co— 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 Union Joint Apprenticeship & Training Co: 35 mo reserves · +6% 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 Union Joint Apprenticeship & Training Co— 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 Union Joint Apprenticeship & Training Co: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $396K (FY2013) to $820K (FY2023) across 11 reported years.
Financial snapshot
Operating margin
6.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.3M
Total liabilities
$30K
Net assets
$2.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $819,700▲9.6% | $769,154▲4.9% | $2,223,608▲2.3% | $2,253,174▲2.5% | 990 |
| 2022 | $748,054▲19.0% | $733,046▲24.8% | $2,173,062▲1.9% | $2,197,174▲2.1% | 990 |
| 2021 | $628,860▲43.2% | $587,562▲22.1% | $2,131,761▲2.0% | $2,152,364▼0.9% | 990 |
| 2020 | $439,292▼12.0% | $481,175▼3.5% | $2,090,463▼2.0% | $2,171,204▲1.4% | 990 |
| 2019 | $499,012▼9.7% | $498,426▲14.9% | $2,132,346 | $2,142,129▼0.2% | 990 |
| 2018 | $552,400▲12.6% | $433,855▼3.9% | $2,131,760▲5.9% | $2,146,097▲5.6% | 990 |
| 2017 | $490,776▲15.5% | $451,516▼27.4% | $2,013,215▲2.0% | $2,032,443▲1.5% | 990 |
| 2016 | $424,869▼3.2% | $622,138▲33.9% | $1,973,955▼9.2% | $2,002,723▼8.2% | 990 |
| 2015 | $438,733▲4.0% | $464,679▲47.6% | $2,174,084▲60.3% | $2,182,502▲59.9% | 990 |
| 2014 | $421,816▲6.4% | $314,872▼7.9% | $1,356,676▲10.8% | $1,364,600▲10.9% | 990 |
| 2013 | $396,266 | $341,829▼22.0% | $1,224,222▲4.7% | $1,230,224▲3.6% | 990 |
| 2012 | — | $438,021▲8.6% | $1,169,785▼1.5% | $1,187,622▼3.5% | 990 |
| 2011 | — | $403,375▲6.5% | $1,187,793▲3.8% | $1,230,302▲3.4% | 990 |
| 2010 | — | $378,691▲5.1% | $1,144,456▲9.7% | $1,189,719▲8.7% | 990 |
| 2009 | — | $360,268 | $1,043,186 | $1,094,633 | 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 Workers Union Joint Apprenticeship & Training Co (EIN 92-0041203) 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.