The Local 20 of Garyportage Vicinity Sheet Metal Industry Labor-mgmt Fund
Nonprofit profile at a glance
- EIN
- 204124947
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024
- Location
- Portage, IN, USA
- Phone
- 2197641900
- Rating
- 39
- Verdict
- REVIEW
- Rating confidence
- Moderate
- Sector
- Labor Unions
Reported finances
- Revenue
- $55,664
- Expenses
- $65,053
- Assets
- $68,204
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
People named in this filing
- GARY BOOTH (TRUSTEE)
- DAVID LEONARD (TRUSTEE)
- LORI SCHMIDT (TRUSTEE)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Labor management fund
What it reported doing in 2024
To improve communication between representatives of labor & management, and engender cooperative & harmonious relations between labor and mgmt in the sheet metal industry.
Operating model
- Revenue model
- Earned-program. 93% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Transfer-based 990-EZ. The 990-EZ reports grants or member benefits, but it does not separate enough spending to show the nonprofit’s full delivery mix.
The verdict
REVIEW - The filed numbers largely add up. A relatively small share of available resources goes toward mission work and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 5
- Transparency & Controls: 82
- Sustainability: 40
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 8.2%; rating input score 8
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: -16.9%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 1.05; rating input score 48; 48th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: 2.2% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: -6.1% per year; rating input score 0; 22nd percentile among comparable filings
Details
- Where the money goes: 8.2% of revenue deployed
- Governance: Filed governance answers
- Accomplishments: 3 filed program accomplishments
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 1 filed schedules
- Filing history: 6 filing years from 2019 to 2024
- Contacts: How to reach this organization
- 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 — Financial Efficiency: Mission deployment rate scored 8/100.
- High — Sustainability: Operating margin scored 25/100.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 48/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.