Sheet Metal Wrkrs Local Union No 17 Joint Apprntc & Training Trust Fnd is a 501(c)(3) organization based in Dorchester, Massachusetts, registered in 1985, with $4,003,405 in FY2023 revenue. CharityIndex grades it C+.
Revenue (FY2023)
$4.0M
▼ 20.5% vs prior year
Expenses (FY2023)
$3.8M
Net assets
$13.1M
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 Wrkrs Local Union No 17 Joint Apprntc & Training Trust Fnd— 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 Wrkrs Local Union No 17 Joint Apprntc & Training Trust Fnd: 41 mo reserves · +4% 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 Wrkrs Local Union No 17 Joint Apprntc & Training Trust Fnd— 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 Wrkrs Local Union No 17 Joint Apprntc & Training Trust Fnd: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $2.5M (FY2013) to $4.0M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
4.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$13.2M
Total liabilities
$135K
Net assets
$13.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $4,003,405▼20.5% | $3,836,987▲7.6% | $13,105,396▲5.5% | $13,240,470▲5.6% | 990 |
| 2022 | $5,032,894▲27.2% | $3,567,386▲4.7% | $12,417,992▲7.1% | $12,538,567▲4.6% | 990 |
| 2021 | $3,955,612▲11.1% | $3,407,701▲18.5% | $11,589,710▼5.5% | $11,992,078▼5.0% | 990 |
| 2020 | $3,559,386▲18.0% | $2,876,295▲1.6% | $12,260,790▲13.4% | $12,621,332▲12.9% | 990 |
| 2019 | $3,015,740▼5.3% | $2,829,978▼10.7% | $10,814,715▲4.6% | $11,183,381▲6.9% | 990 |
| 2018 | $3,182,920▲16.0% | $3,168,767▲13.3% | $10,336,867▲3.2% | $10,457,990▲4.4% | 990 |
| 2017 | $2,743,547▲17.3% | $2,797,479▲9.3% | $10,016,833▲2.0% | $10,016,833▲2.0% | 990 |
| 2016 | $2,339,697▼9.0% | $2,558,562▲7.3% | $9,816,573▲0.6% | $9,816,573▲0.6% | 990 |
| 2015 | $2,571,696▲0.4% | $2,385,320▲13.3% | $9,761,173▲4.6% | $9,761,173▲4.6% | 990 |
| 2014 | $2,561,241▲4.1% | $2,105,443▲10.4% | $9,334,928▲3.5% | $9,334,942▲3.5% | 990 |
| 2013 | $2,460,256 | $1,907,381▲10.9% | $9,019,961▲10.5% | $9,021,572▲10.5% | 990 |
| 2012 | — | $1,719,986 | $8,159,916 | $8,161,516 | 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 Wrkrs Local Union No 17 Joint Apprntc & Training Trust Fnd (EIN 22-2562168) 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.