Sheet Metal Workers Labor Mgmt Comm (EIN 132948540) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1998

Legal Domicile

Tax Period

2023-01-01 to 2023-12-31

Sheet Metal Workers Labor Mgmt Comm, founded in 1998, is a community nonprofit that reported $1.5M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $338K, a strong 23% operating margin.

Mission

Equality between union and nonunion jobs.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,418,280

Investment Income $73,506

Other Revenue $0

TOTAL REVENUE $1,491,786

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,013,821

Other Expenses $1,153,575

TOTAL EXPENSES $1,153,575

Year-over-Year Comparison

	2023	2022	Change
Revenue	$1,491,786	$1,374,290	+0.1%
Expenses	$1,153,575	$1,322,874	-0.1%
Net Income	$338,211	$51,416	+5.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

N/A

Employees

N/A

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$135,580

Total Directors

$402,467

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
Michael Colombo	Trustee-Chairman	10.00	Officer Director	$0	$0	$135,580
John Malaspina	Trustee	10.00	Director	$0	$0	$134,245
Eric Hofbauer	Trustee	10.00	Director	$0	$0	$132,642
Lou Doro	Trustee	10.00	Director	$0	$0	$0
Walter Greenwood	Trustee	10.00	Director	$0	$0	$0
Allan Seidman	Trustee	15.00	Officer Director	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$1,491,786	$1,153,575	$2,822,195	$338,211
2022	$1,374,290	$1,322,874	$2,400,391	$51,416
2021	$1,268,354	$985,212	$2,488,384	$283,142
2020	$1,183,547	$1,084,946	$2,276,641	$98,601
2019	$1,441,995	$1,500,826	$2,066,756	$-58,831
2018	$1,405,388	$1,310,772	$2,110,317	$94,616

Sheet Metal Workers Labor Mgmt Comm