Employment
(J22Z)
990 on File
ASBESTOS WORKERS LOCAL NO 42 APPRENTICESHIP TRAINING FUND
Financial strength (30%)
85/100
Reliability (20%)
55/100
Effectiveness (25%)
58/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$118K
Total Revenue
$114K
Total Expenses
$204K
Net Assets
4
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
67.3%
Fundraising Efficiency
N/A
Operating Reserve
21.51x
Liability-to-Asset
1.3%
Revenue Diversification
100.0%
Compared with Peers
FY 2023
Compared with 1,206 similar organizations
(United States, Employment, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
67.3% | 84.2% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
32.7% | 12.8% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
21.5 mo | 8.1 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
1.3% | 4.1% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
100.0% | 95.3% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
7.4% | 10.8% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
3.8% | 13.1% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
3.8% | 2.8% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $118K | $114K | $204K | 67.3% | 4 |
| 2022 | $110K | $110K | $200K | 64.1% | 4 |
| 2021 | $79K | $96K | N/A | — | 4 |
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