Civic Intelligence

Iron Workers Apprenticeship Fund

990 • Fiscal year 2014 • EIN 34-6556883

May 01, 2013 to Apr 30, 2014 • Filed on Sep 25, 2014

1542 East 23rd Street44114

(216) 685-1781

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

31st percentile

0.00x

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

2014 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2014

Liabilities / Revenue

32nd percentile

0.00x

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

2014 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2014

Net Margin

91st percentile

28%

Higher net margin than 91% of similar nonprofits.

2014 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2014

Top Officer Pay

75th percentile

$95,021

Higher top officer pay than 75% of similar nonprofits.

Top officer pay equals 12.2% of source-year revenue.

2014 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2014

Asset Growth

97th percentile

68%

Faster asset growth than 97% of similar nonprofits.

2014 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2013 to 2014

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2014

Assets

Up

$545,778

Up $220,878 (+68%) from 2013

Net Assets

Up

$545,778

Up $220,878 (+68%) from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

$781,204

No earlier filing loaded for comparison.

Expenses

Down

$560,326

Down $14,755 (-2.6%) from 2013

Net Income

$220,878

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.5M$1.0M$500K$0Assets 2012: $256,176Liabilities 2012: $0Net Assets 2012: $256,1762012Assets 2013: $324,900Liabilities 2013: $0Net Assets 2013: $324,9002013Assets 2014: $545,778Liabilities 2014: $0Net Assets 2014: $545,7782014Assets 2015: $774,950Liabilities 2015: $0Net Assets 2015: $774,9502015Assets 2016: $1,021,953Liabilities 2016: $0Net Assets 2016: $1,021,9532016Assets 2017: $904,401Liabilities 2017: $0Net Assets 2017: $904,4012017Assets 2018: $892,854Liabilities 2018: $0Net Assets 2018: $892,8542018Assets 2019: $1,150,122Liabilities 2019: $0Net Assets 2019: $1,150,1222019Assets 2020: $1,247,512Liabilities 2020: $0Net Assets 2020: $1,247,5122020Assets 2021: $1,196,185Liabilities 2021: $107,637Net Assets 2021: $1,088,5482021Assets 2025: $1,340,229Liabilities 2025: $0Net Assets 2025: $1,340,2292025

Highlighted filing

2014

Assets$545,778
Liabilities$0
Net Assets$545,778

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2012: $466,2942012Expenses 2013: $575,0812013Revenue 2014: $781,204Expenses 2014: $560,326Net Income 2014: $220,8782014Revenue 2015: $829,243Expenses 2015: $600,071Net Income 2015: $229,1722015Revenue 2016: $878,725Expenses 2016: $631,722Net Income 2016: $247,0032016Revenue 2017: $576,831Expenses 2017: $694,383Net Income 2017: -$117,5522017Revenue 2018: $673,446Expenses 2018: $684,993Net Income 2018: -$11,5472018Revenue 2019: $990,395Expenses 2019: $733,127Net Income 2019: $257,2682019Revenue 2020: $925,636Expenses 2020: $828,246Net Income 2020: $97,3902020Revenue 2021: $666,831Expenses 2021: $825,795Net Income 2021: -$158,9642021Revenue 2025: $1,124,296Expenses 2025: $1,026,292Net Income 2025: $98,0042025

Highlighted filing

2014

Revenue$781,204
Expenses$560,326
Net Income$220,878
Jump To
Filing Snapshot
Filing Period
May 1, 2013 to Apr 30, 2014
Signed
Sep 25, 2014
Return Version
2013v3.0
Gross Receipts
$781,204
Mission and Program Overview

Mission

To provide a training program for apprentice iron workers and to provide retraining for journeymen iron workers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$316,361$308,566▼ $7,795
Land, Buildings, and Equipment, Net$8,539$237,212▲ $228,673
Total Assets$324,900$545,778▲ $220,878
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$324,900$545,778▲ $220,878
Total Net Assets Fund Balance$324,900$545,778▲ $220,878
Total Liabilities and Net Assets / Fund Balance$324,900$545,778▲ $220,878

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$135,393$1,595$136,988
Equipment$10,792$111,832$122,624
Land$91,027-$91,027
Compensation and Service Providers

Employees

NameTitleOtherTotal
Tim MccarthyChairman$95,021$95,021
Dan BeckettRecording Secretary$90,745$90,745
Richard JordanTrustee$90,745$90,745

Board Members and Trustees

NameTitle
Chuck FisherTrustee
Gary KnopfTrustee
Keith LepageTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$136,180
Program Service Revenue
$638,968
Investment Income
$822
Other Revenue
$5,234
All Other Contributions
$136,180
Change in Net Assets
$220,878

Audited Revenue Reconciliation

Revenue per Audited Statements
$781,204
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$781,204
Total Revenue per Form 990
$781,204
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$381,212
Other Expenses$179,114
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$215,290
Pension Plan Contributions---$95,444
Occupancy---$57,600
Other Employee Benefits---$49,877
Payroll Taxes---$20,601
Office Expenses---$14,070
Other Expenses---$12,249
All Other Expenses---$8,937
Fees for Services Accounting---$6,044
Insurance---$4,512
Depreciation Depletion---$4,431
Travel---$3,756
Fees for Services Legal---$1,913
Total Functional Expenses$0$0$0$560,326

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$560,326
Total Expenses per Audited Statements$560,326
Total Expenses per Form 990$560,326
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
In-house lobbying only
No
Subject to proxy tax
Yes
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Timothy MccarthyOfficer of the Apprenticeship and the Ironworkers Local No. 17The Apprenticeship Leases Building Space From the Ironworkers Local No. 17 of Which Tim Mccarthy Is an Officer of Both Organizations.No$57,600
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Audit committee
Yes
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The 990 is reviewed with the treasurer/financial secretary prior to filing.

Form 990, Part VI, Section B, Line 15

Trust officers are not compensated. Trust officers compensated by a related organization have their compensation pre-determined by the by-laws of local 17.

Form 990, Part VI, Section C, Line 19

Financial statements and governing documents are available upon request

Filing and Contact Details

Filer

EIN
34-6556883
Phone
2166851781

Signing Officer

Name
Timothy Mccarthy
Title
Chairman
Phone
2167715558
Signed
2014-09-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Timothy Mccarthy
Formed
1964
Legal Domicile
Oh
Voting Board Members
6
Independent Board Members
6
Employees
7
Volunteers
0

Preparer

Preparer
Janine M Iacobelli CPA
Phone
2165669000
Supplemental Narrative

Additional Explanations

FORM 990, PART XII, LINE 1:

The organization maintains their accounting records on the modifed cash basis.

FORM 990, PART XII, LINE 2C:

There has been no changes from prior year.

Financial Statement Notes

PART X, LINE 2:

The trust is no longer subject to tax examinations for years before 2010 by taxing authorities in jurisdictions where the organization has filed returns. The trust evaluates at each balance sheet date uncertain tax positions taken, if any, to determine the need to record liabilities for taxes, penalties, and interest. The trust policy is to record interest and penalties on uncertain tax provisions as income tax expense. As of april 30, 2014, the trust has no accrued taxes, interest or penalties related to uncertain tax positions. The trust estimates the unrecognized tax benefit will not change significantly within the next twelve months.

Raw XML Appendix383 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE TRUST IS NO LONGER SUBJECT TO TAX EXAMINATIONS FOR YEARS BEFORE 2010 BY TAXING AUTHORITIES IN JURISDICTIONS WHERE THE ORGANIZATION HAS FILED RETURNS. THE TRUST EVALUATES AT EACH BALANCE SHEET DATE UNCERTAIN TAX POSITIONS TAKEN, IF ANY, TO DETERMINE THE NEED TO RECORD LIABILITIES FOR TAXES, PENALTIES, AND INTEREST. THE TRUST POLICY IS TO RECORD INTEREST AND PENALTIES ON UNCERTAIN TAX PROVISIONS AS INCOME TAX EXPENSE. AS OF APRIL 30, 2014, THE TRUST HAS NO ACCRUED TAXES, INTEREST OR PENALTIES RELATED TO UNCERTAIN TAX POSITIONS. THE TRUST ESTIMATES THE UNRECOGNIZED TAX BENEFIT WILL NOT CHANGE SIGNIFICANTLY WITHIN THE NEXT TWELVE MONTHS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/RelationshipDescriptionTxt0OFFICER OF THE APPRENTICESHIP AND THE IRONWORKERS LOCAL NO. 17
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IRS990ScheduleL/BusTrInvolveInterestedPrsnGrp/TransactionDesc0THE APPRENTICESHIP LEASES BUILDING SPACE FROM THE IRONWORKERS LOCAL NO. 17 OF WHICH TIM MCCARTHY IS AN OFFICER OF BOTH ORGANIZATIONS.
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE 990 IS REVIEWED WITH THE TREASURER/FINANCIAL SECRETARY PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1TRUST OFFICERS ARE NOT COMPENSATED. TRUST OFFICERS COMPENSATED BY A RELATED ORGANIZATION HAVE THEIR COMPENSATION PRE-DETERMINED BY THE BY-LAWS OF LOCAL 17.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2FINANCIAL STATEMENTS AND GOVERNING DOCUMENTS ARE AVAILABLE UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAINTAINS THEIR ACCOUNTING RECORDS ON THE MODIFED CASH BASIS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE HAS BEEN NO CHANGES FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART XII, LINE 1:
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 2C:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine10INTERNATIONAL ASSOCIATION OF IRON WORKERS LOCAL 17
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0346554581
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501C(5)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0BUILDING RENTAL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine101544 E 23RD STREET
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/City0CLEVELAND
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/State0OH
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCode044114
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd00
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd01
IRS990ScheduleR/SharingOfFacilitiesInd00
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt057600
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0CONTRACT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine10INTERNATIONAL IRONWORKERS LOCAL NO 17
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0K
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd01
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0324900
IRS990/TotalAssetsEOYAmt0545778
IRS990/TotalAssetsGrp/BOYAmt0324900
IRS990/TotalAssetsGrp/EOYAmt0545778
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0136180
IRS990/TotalEmployeeCnt07
IRS990/TotalFunctionalExpensesGrp/TotalAmt0560326
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0324900
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0545778
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0560326
IRS990/TotalProgramServiceRevenueAmt0638968
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt0822
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0644202
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0781204
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0324900
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0545778
IRS990/TotReportableCompRltdOrgAmt0276511
IRS990/TravelGrp/TotalAmt03756
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0324900
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0545778
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10E 23RD STREET
IRS990/USAddress/City0CLEVELAND
IRS990/USAddress/State0OH
IRS990/USAddress/ZIPCode044114
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.IRONWORKERS17.ORG
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0TIMOTHY MCCARTHY
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum02167715558
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-09-25
ReturnHeader/Filer/BusinessName/BusinessNameLine10IRON WORKERS APPRENTICESHIP FUND
ReturnHeader/Filer/BusinessNameControlTxt0IRON
ReturnHeader/Filer/EIN0346556883
ReturnHeader/Filer/PhoneNum02166851781
ReturnHeader/Filer/USAddress/AddressLine101542 EAST 23RD STREET
ReturnHeader/Filer/USAddress/City0CLEVELAND
ReturnHeader/Filer/USAddress/State0OH
ReturnHeader/Filer/USAddress/ZIPCode044114
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0341463411
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10BARNES WENDLING CPAS INC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine101350 EUCLID AVE SUITE 1400
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0CLEVELAND
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0OH
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0441151830
ReturnHeader/PreparerPersonGrp/PhoneNum02165669000
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JANINE M IACOBELLI CPA
ReturnHeader/ReturnTs02014-09-30T14:35:16-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-05-01
ReturnHeader/TaxPeriodEndDt02014-04-30
ReturnHeader/TaxYr02013

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