SHEET METAL WORKERS VACATION AND SICK BENEFIT FUND (EIN 470626635) - 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

1970

Legal Domicile

Principal Officer

JASON GRIESEMER

Phone

4023303383

Tax Period

2024-07-01 to 2025-06-30

SHEET METAL WORKERS VACATION AND SICK BENEFIT FUND, founded in 1970, is a community nonprofit that reported $1.4M in total revenue in fiscal year 2024.

Mission

COLLECT VACATION OR SICK BENEFITS FROM CONTRACTORS AND REMIT SAME TO PARTICIPANTS

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $1,359,707

Investment Income $9

Other Revenue $0

TOTAL REVENUE $1,359,716

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $0

TOTAL EXPENSES $1,366,808

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,359,716	$1,399,617	0.0%
Expenses	$1,366,808	$1,394,795	0.0%
Net Income	$-7,092	$4,822	-2.5%

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

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

$198,273

Total Directors

$198,273

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JASON KIRCHHEVEL	MEMBER	1.00	Officer Director	$0	$0	$0
STEVE TERWILLEGER	MEMBER	1.00	Officer Director	$0	$0	$0
JOEL BRIGGS	MEMBER	1.00	Officer Director	$0	$0	$0
RON MCCORMICK	MEMBER	1.00	Director	$0	$0	$0
DOUG BROWN	MEMBER	1.00	Officer Director	$0	$0	$0
DALE HUDSON	MEMBER	1.00	Director	$0	$0	$0
JASON GRIESEMER	MEMBER	1.00	Officer Director	$0	$65,020	$198,273

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
2025	$1,359,716	$1,366,808	$5,715	$-7,092
2024	$1,399,617	$1,394,795	$12,807	$4,822
2023	$1,588,470	$1,586,973	$7,985	$1,497
2022	$1,272,713	$1,272,185	$6,488	$528
2021	$1,295,021	$1,294,733	$5,960	$288
2020	$1,408,749	$1,409,953	$5,672	$-1,204
2019	$1,320,172	$1,314,851	$6,876	$5,321
2018	$1,048,500	$1,047,987	$1,555	$513

SHEET METAL WORKERS VACATION AND SICK BENEFIT FUND