International Assn of Bridge Struct and Ornamental Iron Workers #321
Nonprofit profile at a glance
- EIN
- 710179018
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- Little Rock, AR, USA
- Phone
- 2704422722
- Rating
- 58
- Verdict
- MIXED
- Rating confidence
- Moderate
Reported finances
- Revenue
- $364,860
- Expenses
- $453,775
- Assets
- $294,725
- Liabilities
- $9,837
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- WESSLEY SMITH (PRESIDENT, DELEGATE TO DC)
- REMONT COBB (VICE PRESIDENT)
Highest reported compensation
- JOHNNY WILSON (BUSINESS MANAGER, FST, DEL): $110,743 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The organization provides its members with death benefits and represents the members in contract negotiations.
Operating model
- Revenue model
- Earned-program. 75% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Hybrid. The nonprofit split its reported program spending across 78% for direct work, 21% for affiliated organizations, and 1% for member benefits.
The verdict
MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of voting board members are independent and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 53
- Transparency & Controls: 90
- Accountability: 18
- Sustainability: 20
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 64.7%; rating input score 65
- Program expense ratio: 52%; rating input score 52
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 0%; rating input score 0; 7th percentile among comparable filings
- Governance controls: 3 of 7 controls in place; rating input score 43
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: NotApplicable
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -24.4%; rating input score 12; 12th percentile among comparable filings
- Total-asset coverage ratio: 0.65; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0.03; rating input score 36; 36th percentile among comparable filings
- Officer compensation ratio: 24.4%; rating input score 15; 15th percentile among comparable filings
Growth
- Program expense growth: 2.1% per year; rating input score 100; 40th percentile among comparable filings
- Revenue growth: 3.9% per year; rating input score 100; 46th percentile among comparable filings
- Asset growth: 2.2% per year; rating input score 100; 34th percentile among comparable filings
Details
- Where the money goes: 64.7% of revenue deployed · 52% of spending went to programs
- Governance: 0 of 12 board members independent · 3 of 7 filing controls reported
- Programs: 1 filed program accomplishment · $236K in reported program spending
- Leadership: top reported pay $111K · 12 people listed
- Consistency: 27 of 27 current checks pass
- Schedules: 4 filed schedules
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Accountability: Independent voting board scored 0/100.
- Review — Financial Efficiency: Program expense ratio scored 52/100.
- Moderate — Accountability: Governance controls: 4 of 7 not reported.
- High — Sustainability: Operating margin scored 12/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 30/100.
- High — Sustainability: Officer compensation ratio scored 15/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 36/100.