SHEET METAL WORKERS ACCIDENTAL DEATH AND DISMEMBERMENT PLAN (EIN 521343750) - Form 990 Financial Analysis & Trantor Score

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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1985

Legal Domicile

Principal Officer

MICHAEL COLEMAN

Phone

7037397000

Tax Period

2023-01-01 to 2023-12-31

SHEET METAL WORKERS ACCIDENTAL DEATH AND DISMEMBERMENT PLAN, founded in 1985, is a small nonprofit that reported $298K in total revenue in fiscal year 2018. Revenue surged 127% from the prior year, signaling strong growth momentum. Expenses of $287K left a modest 3% surplus.

Mission

PROVIDE BENEFITS TO ELIGIBLE MEMBERS OF SHEET METAL WORKERS' INT'L ASSOC.

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $242,036

Other Revenue $0

TOTAL REVENUE $242,036

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Other Expenses $87,879

TOTAL EXPENSES $282,879

Year-over-Year Comparison

	2023	2022	Change
Revenue	$242,036	$359,802	-0.3%
Expenses	$282,879	$233,597	+0.2%
Net Income	$-40,843	$126,205	-1.3%

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

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

$939,089

Total Directors

$939,089

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JOSEPH POWELL	TRUSTEE	1.00	Officer Director	$0	$35,187	$486,871
MICHAEL COLEMAN	TRUSTEE	1.00	Officer Director	$0	$34,885	$452,218

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	$242,036	$282,879	$10,343,561	$-40,843
2022	$359,802	$233,597	$9,478,848	$126,205
2021	$1,147,767	$258,341	$11,137,096	$889,426
2020	$341,830	$226,344	$10,558,579	$115,486
2019	$622,510	$281,443	$9,606,647	$341,067
2018	$297,605	$287,451	$8,457,068	$10,154

SHEET METAL WORKERS ACCIDENTAL DEATH AND DISMEMBERMENT PLAN