SHEET METAL EMPLOYERS ASSOCISATION OF WESTERN MI

EIN: 381984703

Haslett, MI

Total Revenue
$345,161
Total Expenses
$294,084
Total Assets
$533,063
Net Assets
$533,063
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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
1999
Legal Domicile
MI
Tax Period
2023-01-01 to 2023-12-31

SHEET METAL EMPLOYERS ASSOCISATION OF WESTERN MI, founded in 1999, is a small nonprofit that reported $345K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $294K left a modest 15% surplus.

Mission

To provide training apprenticeship programs provided to employees of Sheet Metal Comapnies in Western are of Michigan

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $341,588
Program Service Revenue $0
Investment Income $3,573
Other Revenue $0
TOTAL REVENUE $345,161

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $294,084
Other Expenses $294,084
TOTAL EXPENSES $294,084

Year-over-Year Comparison

2023 2022 Change
Revenue $345,161 $277,239 +0.2%
Expenses $294,084 $237,702 +0.2%
Net Income $51,077 $39,537 +0.3%
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

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Governance

Voting Members
2
Independent Members
2
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
0
$0
Total Directors
2
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
James Holst President 1.00
Director
$0 $0 $0
Jan Green SecretaryTreasurer 1.00
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 $345,161 $294,084 $533,063 $51,077
2022 $277,239 $237,702 $481,986 $39,537
2021 $257,135 $218,849 $453,330 $38,286
2020 $217,791 $187,976 $415,044 $29,815
2019 $266,682 $219,376 $385,229 $47,306
2018 $250,797 $241,282 $337,923 $9,515
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