Charity Search / SHEET METAL WORKERS LOCAL NO 4 APPRENTICE TRAINING
Employment (J40Z) 990 on File

SHEET METAL WORKERS LOCAL NO 4 APPRENTICE TRAINING

EIN: 62-0811943 · MEMPHIS, TN 38133-6011 · United States · FY 2025 Data
3 out of 5 58 / 100 Based on 2+ years of filings
Financial strength (30%) 91/100
Reliability (20%) 55/100
Effectiveness (25%) 78/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$1.0M
Total Revenue
$354K
Total Expenses
$1.5M
Net Assets
15
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 85.5%
Fundraising Efficiency N/A
Operating Reserve 51.33x
Liability-to-Asset 0.3%
Revenue Diversification 97.3%
Compared with Peers
FY 2025
Compared with 413 similar organizations (United States, Employment, $100K–$1M in expenses), FY 2025.
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
85.5% 82.6%
P10P90
Above median
Admin expense ratio
Management and general / total expenses · lower is better
14.5% 13.4%
P10P90
Below median
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
51.3 mo 8.3 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.3% 2.9%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
97.3% 93.7%
P10P90
Below median
Revenue growth
Year over year revenue growth
75.5% 7.6%
P10P90
Expense growth
Year over year expense growth
58.1% 6.8%
P10P90
Surplus margin
Surplus as a share of revenue
65.0% 2.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $1.0M $354K $1.5M 85.5% 15
2024 $577K $224K $857K 84.8% 11
2023 $190K $207K $504K 84.5% 8
2022 $157K $172K $521K 83.2% 10
2021 $184K $130K N/A 8
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Organization Details
EIN
62-0811943
State
TN
City
MEMPHIS
ZIP
38133-6011
Classification
J40Z
Category
Employment
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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