Civic Intelligence

Asbestos Relief Fund

EIN 13-4306493 • 501(c)3 • Lanham, MD

Profile

To provide relief to hurricane, flood,and other natural disaster victims

9602 Martin Luther King Jr HwyLanham, MD 20706

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

19th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

20th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

94th percentile

67%

Higher net margin than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

97th percentile

$494,124

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 121.6% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

59th percentile

6.7%

Faster asset growth than 59% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

40th percentile

2.0%

Faster revenue growth than 40% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$3,764,885

Up $235,953 (+6.7%) from 2023

Liabilities

Down

$0

Down $2,092 (-100%) from 2023

Net Assets

Up

$3,764,885

Up $238,045 (+6.7%) from 2023

Revenue

Up

$406,420

Up $7,791 (+2.0%) from 2023

Expenses

Up

$133,160

Up $69,528 (+109%) from 2023

Net Income

Down

$273,260

Down $61,737 (-18%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$4.0M$3.0M$2.0M$1.0M$0Assets 2018: $2,413,536Liabilities 2018: $0Net Assets 2018: $2,413,5362018Assets 2019: $2,835,252Liabilities 2019: $3,679Net Assets 2019: $2,831,5732019Assets 2020: $3,191,715Liabilities 2020: $0Net Assets 2020: $3,191,7152020Assets 2021: $3,254,804Liabilities 2021: $0Net Assets 2021: $3,254,8042021Assets 2022: $3,139,033Liabilities 2022: $0Net Assets 2022: $3,139,0332022Assets 2023: $3,528,932Liabilities 2023: $2,092Net Assets 2023: $3,526,8402023Assets 2024: $3,764,885Liabilities 2024: $0Net Assets 2024: $3,764,8852024

Highlighted filing

2024

Assets$3,764,885
Liabilities$0
Net Assets$3,764,885

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0Revenue 2018: $290,679Expenses 2018: $70,756Net Income 2018: $219,9232018Revenue 2019: $376,180Expenses 2019: $50,321Net Income 2019: $325,8592019Revenue 2020: $402,401Expenses 2020: $93,284Net Income 2020: $309,1172020Revenue 2021: $368,828Expenses 2021: $204,357Net Income 2021: $164,4712021Revenue 2022: $341,019Expenses 2022: $86,028Net Income 2022: $254,9912022Revenue 2023: $398,629Expenses 2023: $63,632Net Income 2023: $334,9972023Revenue 2024: $406,420Expenses 2024: $133,160Net Income 2024: $273,2602024

Highlighted filing

2024

Revenue$406,420
Expenses$133,160
Net Income$273,260

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 10, 2025
Return Version
2024v5.0
Gross Receipts
$1,060,260
Mission and Program Overview

Mission

To provide relief to hurricane, flood,and other natural disaster victims

To provide relief to victims of hurricanes and related natural disasters

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$2,419,874$2,430,818▲ $10,944
Savings and Temporary Cash Investments$812,122$1,021,998▲ $209,876
Cash and Non-Interest-Bearing Accounts$250,000$250,000→ $0
Accounts Receivable$37,804$30,911▼ $6,893
Total Assets$3,528,932$3,764,885▲ $235,953
Other Assets Total$9,132$31,158▲ $22,026
Liabilities
Other Liabilities$2,092$0▼ $2,092
Total Liabilities$2,092$0▼ $2,092
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,526,840$3,764,885▲ $238,045
Total Net Assets Fund Balance$3,526,840$3,764,885▲ $238,045
Total Liabilities and Net Assets / Fund Balance$3,528,932$3,764,885▲ $235,953
Compensation and Service Providers

Board Members and Trustees

NameTitle
Robert ReapTrustee
Terrance LarkinTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$313,279
Investment Income
$93,141
Other Revenue
$0
Change in Net Assets
$273,260
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$44,160
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Benefits to Members$89,000--$89,000
Fees for Service Investment Mgmnt Fees-$20,144-$20,144
Occupancy-$15,585-$15,585
Fees for Services Accounting-$6,479-$6,479
Office Expenses-$1,952-$1,952
Total Functional Expenses$89,000$44,160$0$133,160
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
No
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

990 reviewed with secretary of treasury before signing.

Form 990, Part VI, Section C, Line 19

990 made available upon written request.

Filing and Contact Details

Filer

Filer Name
Asbestos Relief Fund
EIN
13-4306493
Phone
3017315058
Address
9602 MARTIN LUTHER KING JR HWY, LANHAM, MD 20706

Signing Officer

Name
Robert Reap
Title
General Secretary-treasurer
Phone
3017315058
Signed
2025-03-10

Organization Details

Principal Officer
Terrance Larkin
Formed
2005
Legal Domicile
Md
Voting Board Members
2
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Novak Francella LLC
Address
40 MONUMENT ROAD 5TH FLOOR, BALA CYNWYD, PA 19004
Preparer
Louis Verzella CPA
Phone
6106689400
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 2C:

The organization's governing body is responsible for the oversight of its consolidated financial statement audit and for the selection of the independent accountant.

Financial Statement Notes

PART X, LINE 2:

Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the association and to recognize a tax liability if the association has taken an uncertain position that, more likely than not, would not be sustained upon examination by the u.s. Federal, state, or local taxing authorities. The association is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Typically, tax years will remain open for three years; however, this may differ depending upon the circumstances of the association.

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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0990 REVIEWED WITH SECRETARY OF TREASURY BEFORE SIGNING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1990 MADE AVAILABLE UPON WRITTEN REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE ORGANIZATION'S GOVERNING BODY IS RESPONSIBLE FOR THE OVERSIGHT OF ITS CONSOLIDATED FINANCIAL STATEMENT AUDIT AND FOR THE SELECTION OF THE INDEPENDENT ACCOUNTANT.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd20
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd30
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd40
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd50
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd60
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0INT'L ASSOC OF H&F INSUL & ALLIED WORKERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt1INSULATION INDUSTRY INTL TRAINING FUND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt2ASBESTOS WORKERS INTL HOLDING CO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt3FLORENCE BERNARD - ALTA MILLER SCHOLARSHIP TRUST FUND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt4TISSUE BANK ASBESTOS RESEARCH CHARITABLE TRUST
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt5INSULATORS INTERNATIONAL NON-FEDERAL PAC
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt6ASBESTOS WORKERS POLITICAL ACTION FUND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0530088300
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN1237116144
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN2522361362
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN3521701504
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN4352457233
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN5461865861
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN6521534389
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501 (C) (5)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt1501 (C) (3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt2501 (C) (2)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt3501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt4501 (C) (3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt5527
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt6527
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd1MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd2MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd3MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd4MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd5MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd6MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0TO IMPROVE WORKING CONDITIONS AND LABOR RELATIONS FOR H&F INSUL WORKERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt1TRAIN ASBESTOS HEAT AND INSULATION WORKERS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt2HOLD TITLE TO REAL PROPERTY AND MANAGE THE PROPERTY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt3SCHOLARSHIP
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt4MEDICAL RESEARCH CHARITY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt5NON-FEDERAL POLITICAL ACTION COMMITTEE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt6FEDERAL POLITICAL ACTION COMMITTEE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt09602 MARTIN LUTHER KING HIGHWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt19602 MARTIN LUTHER KING HIGHWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt29602 MARTIN LUTHER KING HIGHWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt39602 MARTIN LUTHER KING HIGHWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt49602 MARTIN LUTHER KING HIGHWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt59602 MARTIN LUTHER KING HIGHWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt69602 MARTIN LUTHER KING HIGHWAY
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0LANHAM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm1LANHAM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm2LANHAM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm3LANHAM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm4LANHAM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm5LANHAM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm6LANHAM
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd1MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd2MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd3MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd4MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd5MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd6MD
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd0207061839
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd1207061839
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd2207061839
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd3207061839
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd4207061839
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd5207061839
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd6207061839
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt0300000
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0FMV
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0INT'L ASSOC OF H&F INSUL & ALLIED WORKERS
IRS990ScheduleR/TransferFromOtherOrgInd01
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt03528932
IRS990/TotalAssetsEOYAmt03764885
IRS990/TotalAssetsGrp/BOYAmt03528932
IRS990/TotalAssetsGrp/EOYAmt03764885
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt044160
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt089000
IRS990/TotalFunctionalExpensesGrp/TotalAmt0133160
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02092
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt02092
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt03526840
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt03764885
IRS990/TotalOtherCompensationAmt075308
IRS990/TotalProgramServiceExpensesAmt089000
IRS990/TotalProgramServiceRevenueAmt0313279
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt093141
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0313279

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