Civic Intelligence

Madison Area Sheet Metal Workers Education Trust

990 • Fiscal year 2015 • EIN 39-1415341

Aug 01, 2014 to Jul 31, 2015 • Filed on Feb 18, 2016

1602 South Park Street No 104Madison, WI 53715

(608) 220-4546

Siviq Scores

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

Liabilities / Assets

70th percentile

0.21x

Higher debt load relative to assets than 70% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Liabilities / Revenue

77th percentile

0.28x

Higher debt load relative to revenue than 77% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Net Margin

73rd percentile

15%

Higher net margin than 73% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Top Officer Pay

49th percentile

$0

Higher top officer pay than 49% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2015

Asset Growth

78th percentile

19%

Faster asset growth than 78% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Revenue Growth

87th percentile

49%

Faster revenue growth than 87% of similar nonprofits.

2015 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2014 to 2015

Assets

Up

$553,303

Up $86,632 (+19%) from 2014

Net Assets

Up

$437,970

Up $60,405 (+16%) from 2014

Liabilities

Up

$115,333

Up $26,227 (+29%) from 2014

Revenue

Up

$416,116

Up $136,969 (+49%) from 2014

Expenses

Up

$355,711

Up $136,822 (+63%) from 2014

Net Income

Up

$60,405

Up $147 (+0.2%) from 2014

Historical Trend

Balance Sheet Trend

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2010: $89,917Liabilities 2010: $2,974Net Assets 2010: $86,9432010Assets 2011: $127,759Liabilities 2011: $2,974Net Assets 2011: $124,7852011Assets 2012: $369,650Liabilities 2012: $1,526Net Assets 2012: $368,1242012Assets 2013: $532,625Liabilities 2013: $215,318Net Assets 2013: $317,3072013Assets 2014: $466,671Liabilities 2014: $89,106Net Assets 2014: $377,5652014Assets 2015: $553,303Liabilities 2015: $115,333Net Assets 2015: $437,9702015Assets 2016: $571,911Liabilities 2016: $105,771Net Assets 2016: $466,1402016Assets 2017: $611,912Liabilities 2017: $105,297Net Assets 2017: $506,6152017Assets 2018: $900,418Liabilities 2018: $115,032Net Assets 2018: $785,3862018Assets 2019: $2,416,621Liabilities 2019: $1,179,949Net Assets 2019: $1,236,6722019Assets 2020: $3,589,611Liabilities 2020: $2,241,903Net Assets 2020: $1,347,7082020Assets 2021: $3,529,965Liabilities 2021: $2,091,949Net Assets 2021: $1,438,0162021Assets 2022: $3,379,495Liabilities 2022: $1,963,900Net Assets 2022: $1,415,5952022Assets 2023: $3,383,394Liabilities 2023: $1,832,683Net Assets 2023: $1,550,7112023Assets 2024: $3,461,350Liabilities 2024: $1,677,662Net Assets 2024: $1,783,6882024

Highlighted filing

2015

Assets$553,303
Liabilities$115,333
Net Assets$437,970

Operations Trend

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

$2.0M$1.5M$1.0M$500K$0-$500KRevenue 2010: $86,538Expenses 2010: $119,028Net Income 2010: -$32,4902010Revenue 2011: $119,910Expenses 2011: $82,068Net Income 2011: $37,8422011Revenue 2012: $195,186Expenses 2012: $78,011Net Income 2012: $117,1752012Revenue 2013: $264,092Expenses 2013: $186,540Net Income 2013: $77,5522013Revenue 2014: $279,147Expenses 2014: $218,889Net Income 2014: $60,2582014Revenue 2015: $416,116Expenses 2015: $355,711Net Income 2015: $60,4052015Revenue 2016: $364,774Expenses 2016: $336,604Net Income 2016: $28,1702016Revenue 2017: $403,413Expenses 2017: $362,938Net Income 2017: $40,4752017Revenue 2018: $726,663Expenses 2018: $447,892Net Income 2018: $278,7712018Revenue 2019: $1,080,450Expenses 2019: $629,164Net Income 2019: $451,2862019Revenue 2020: $969,920Expenses 2020: $858,884Net Income 2020: $111,0362020Revenue 2021: $988,507Expenses 2021: $898,199Net Income 2021: $90,3082021Revenue 2022: $1,022,787Expenses 2022: $1,045,208Net Income 2022: -$22,4212022Revenue 2023: $1,307,649Expenses 2023: $1,172,533Net Income 2023: $135,1162023Revenue 2024: $1,524,042Expenses 2024: $1,291,065Net Income 2024: $232,9772024

Highlighted filing

2015

Revenue$416,116
Expenses$355,711
Net Income$60,405
Jump To
Filing Snapshot
Filing Period
Aug 1, 2014 to Jul 31, 2015
Signed
Feb 18, 2016
Return Version
2014v6.0
Gross Receipts
$416,116
Mission and Program Overview

Mission

Madison area sheet metal workers educational trust provides educational programs and training for apprentices and journeymen in madison, wi and the surrounding area.

Madison area sheet metal workers educational trust provides educational programs and training for apprentices and journeymen in madison, wisconsin and the surrounding area.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$157,525$410,047▲ $252,522
Savings and Temporary Cash Investments$305,839$72,957▼ $232,882
Accounts Receivable-$60,285-
Land, Buildings, and Equipment, Net$3,307$10,014▲ $6,707
Total Assets$466,671$553,303▲ $86,632
Liabilities
Accounts Payable and Accrued Expenses$89,106$115,333▲ $26,227
Total Liabilities$89,106$115,333▲ $26,227
Net Assets / Fund Balance
Unrestricted Net Assets$256,296$345,725▲ $89,429
Temporarily Rstr Net Assets$121,269$92,245▼ $29,024
Total Net Assets Fund Balance$377,565$437,970▲ $60,405
Total Liabilities and Net Assets / Fund Balance$466,671$553,303▲ $86,632

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$4,702$1,812$6,514
Other Land Buildings$5,312$183$5,495
Compensation and Service Providers

Board Members and Trustees

NameTitle
Don BrinkmeierCo-chair
Scott BartzCo-chair
Brad WerleinTrustee
Gary HunterTrustee
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$413,839
Investment Income
$91
Other Revenue
$2,186
Change in Net Assets
$60,405

Audited Revenue Reconciliation

Revenue per Audited Statements
$416,116
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$416,116
Total Revenue per Form 990
$416,116
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$207,185
Salaries, Compensation, and Employee Benefits$148,526
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages-$88,594-$88,594
Pension Plan Contributions-$35,236-$35,236
Other Employee Benefits-$17,919-$17,919
Travel$14,575--$14,575
Conferences and Meetings$8,428--$8,428
Payroll Taxes-$6,777-$6,777
Occupancy-$6,741-$6,741
Fees for Services Accounting-$4,695-$4,695
Office Expenses-$4,046-$4,046
Advertising$3,449--$3,449
Fees for Services Legal-$3,336-$3,336
Depreciation Depletion-$1,169-$1,169
Other Expenses$12,755$1,094-$1,094
Insurance-$461-$461
Total Functional Expenses$185,643$170,068$0$355,711

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$355,711
Total Expenses per Audited Statements$355,711
Total Expenses per Form 990$355,711
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
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
No
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 8B

The trust has no committee with authority to act on behalf of the governing body.

Form 990, Part VI, Section B, Line 11

The prepared form 990 is reviewed by the organization's governing body and management before the return is filed with the irs.

Form 990, Part VI, Section B, Line 15A

The trustees created the training coordinator position and entered into an employment agreement with the current training coordinator in june 2014. The training coordinator is compensated based on a 40 hour work week at the foreman pay rate as provided in the labor agreement between sheet metal workers local #18 and madison area mechanical & sheet metal contractors association.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and financial statements available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Madison Area Sheet Metal Workers Educational Trust
EIN
39-1415341
Phone
6082204546
Address
1602 SOUTH PARK STREET NO 104, MADISON, WI 53715

Signing Officer

Name
Scott Bartz
Title
Co-chair
Phone
6082204546
Signed
2016-02-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Scott Bartz
Formed
1981
Legal Domicile
Wi
Voting Board Members
4
Independent Board Members
4
Employees
1
Volunteers
4

Preparer

Firm
Freyberg Hinkle Ashland Powers & Stowell
Address
15420 W CAPITOL DR, BROOKFIELD, WI 53005-2621
Preparer
James M Ashland CPA
Phone
2627846210
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 1

Changed method of accounting from modified cash basis to accrual

Form 990, Part XII, Line 2C

No changes from prior year

Financial Statement Notes

PART X, LINE 2:

U.s. Generally accepted accounting principles require management of an organization to evaluate tax positions taken by the organization and recognize a tax liability (or asset) if the organization has taken an uncertain tax position that more likely than not would not be sustained upon examination by the irs. The trust is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress.

Raw XML Appendix391 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.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt089106
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0115333
IRS990/AccountsReceivableGrp/EOYAmt060285
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0MADISON AREA SHEET METAL WORKERS EDUCATIONAL TRUST PROVIDES EDUCATIONAL PROGRAMS AND TRAINING FOR APPRENTICES AND JOURNEYMEN IN MADISON, WISCONSIN AND THE SURROUNDING AREA.
IRS990/AdvertisingGrp/ProgramServicesAmt03449
IRS990/AdvertisingGrp/TotalAmt03449
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0CARL SIMONS
IRS990/BooksInCareOfDetail/PhoneNum06082204546
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01602 SOUTH PARK STREET SUITE 104
IRS990/BooksInCareOfDetail/USAddress/CityNm0MADISON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0WI
IRS990/BooksInCareOfDetail/USAddress/ZIPCd053715
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOfficerEntInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0157525
IRS990/CashNonInterestBearingGrp/EOYAmt0410047
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt08428
IRS990/ConferencesMeetingsGrp/TotalAmt08428
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt091
IRS990/CYOtherExpensesAmt0207185
IRS990/CYOtherRevenueAmt02186
IRS990/CYProgramServiceRevenueAmt0413839
IRS990/CYRevenuesLessExpensesAmt060405
IRS990/CYSalariesCompEmpBnftPaidAmt0148526
IRS990/CYTotalExpensesAmt0355711
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0416116
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DelegationOfMgmtDutiesInd00
IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt01169
IRS990/DepreciationDepletionGrp/TotalAmt01169
IRS990/Desc0MADISON AREA SHEET METAL WORKERS EDUCATIONAL TRUST PROVIDED EDUCATIONAL PROGRAMS AND TRAINING FOR 85 APPRENTICES AND JOURNEYMEN DURING THE YEAR.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd00
IRS990/DonorAdvisedFundInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt01
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt0185643
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04695
IRS990/FeesForServicesAccountingGrp/TotalAmt04695
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt03336
IRS990/FeesForServicesLegalGrp/TotalAmt03336
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/PersonNm0DON BRINKMEIER
IRS990/Form990PartVIISectionAGrp/PersonNm1SCOTT BARTZ
IRS990/Form990PartVIISectionAGrp/PersonNm2BRAD WERLEIN
IRS990/Form990PartVIISectionAGrp/PersonNm3GARY HUNTER
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/TitleTxt0CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt1CO-CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt2TRUSTEE
IRS990/Form990PartVIISectionAGrp/TitleTxt3TRUSTEE
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01981
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt04
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossReceiptsAmt0416116
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt04
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt0461
IRS990/InsuranceGrp/TotalAmt0461
IRS990/InvestmentIncomeGrp/ExclusionAmt091
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt091
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt010
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt01995
IRS990/LandBldgEquipBasisNetGrp/BOYAmt03307
IRS990/LandBldgEquipBasisNetGrp/EOYAmt010014
IRS990/LandBldgEquipCostOrOtherBssAmt012009
IRS990/LegalDomicileStateCd0WI
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd00
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0MADISON AREA SHEET METAL WORKERS EDUCATIONAL TRUST PROVIDES EDUCATIONAL PROGRAMS AND TRAINING FOR APPRENTICES AND JOURNEYMEN IN MADISON, WI AND THE SURROUNDING AREA.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0377565
IRS990/NetAssetsOrFundBalancesEOYAmt0437970
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt06741
IRS990/OccupancyGrp/TotalAmt06741
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04046
IRS990/OfficeExpensesGrp/TotalAmt04046
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt017919
IRS990/OtherEmployeeBenefitsGrp/TotalAmt017919
IRS990/OtherExpensesGrp/Desc0DAY SCHOOL REIMBURSEMEN
IRS990/OtherExpensesGrp/Desc1EDUCATIONAL EXPENSES
IRS990/OtherExpensesGrp/Desc2BIG STEP PROGRAM
IRS990/OtherExpensesGrp/Desc3MISCELLANEOUS
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt01094
IRS990/OtherExpensesGrp/ProgramServicesAmt090397
IRS990/OtherExpensesGrp/ProgramServicesAmt156039
IRS990/OtherExpensesGrp/ProgramServicesAmt212755
IRS990/OtherExpensesGrp/TotalAmt090397
IRS990/OtherExpensesGrp/TotalAmt156039
IRS990/OtherExpensesGrp/TotalAmt212755
IRS990/OtherExpensesGrp/TotalAmt31094
IRS990/OtherRevenueMiscGrp/BusinessCd0611513
IRS990/OtherRevenueMiscGrp/Desc0MISCELLANEOUS
IRS990/OtherRevenueMiscGrp/ExclusionAmt02134
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt052
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02186
IRS990/OtherRevenueTotalAmt02186
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt088594
IRS990/OtherSalariesAndWagesGrp/TotalAmt088594
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt06777
IRS990/PayrollTaxesGrp/TotalAmt06777
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt035236
IRS990/PensionPlanContributionsGrp/TotalAmt035236
IRS990/PoliticalCampaignActyInd00
IRS990/PrincipalOfficerNm0SCOTT BARTZ
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0611513
IRS990/ProgramServiceRevenueGrp/BusinessCd1611513
IRS990/ProgramServiceRevenueGrp/BusinessCd2611513
IRS990/ProgramServiceRevenueGrp/Desc0EDUCATIONAL FUND CONTR
IRS990/ProgramServiceRevenueGrp/Desc1DAY SCHOOL CONTRIBUTIO
IRS990/ProgramServiceRevenueGrp/Desc2BOOK SALES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0322304
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt190397
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt21138
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0322304
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt190397
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt21138
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt042
IRS990/PYOtherExpensesAmt0208903
IRS990/PYOtherRevenueAmt0108
IRS990/PYProgramServiceRevenueAmt0278997
IRS990/PYRevenuesLessExpensesAmt060258
IRS990/PYSalariesCompEmpBnftPaidAmt09986
IRS990/PYTotalExpensesAmt0218889
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0279147
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt060405
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0413891
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0305839
IRS990/SavingsAndTempCashInvstGrp/EOYAmt072957
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0EXPENSE REFUND - 2013 AMOUNT: $ 108. MISCELLANEOUS - 2014 AMOUNT: $ 2,134.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME:
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt091
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt042
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt050
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt037
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt02215
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt02435
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0413891
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0278997
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0264042
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0195149
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0117695
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt01269774
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt091
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt042
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt050
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt037
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt02215
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt02435
IRS990ScheduleA/InvestmentIncomeCYPct00.00190
IRS990ScheduleA/InvestmentIncomePYPct00.00250
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt02134
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt0108
IRS990ScheduleA/OtherIncome509Grp/TotalAmt02242
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.99630
IRS990ScheduleA/PublicSupportPY509Pct00.99740
IRS990ScheduleA/PublicSupportTotal509Amt01269774
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0413891
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0278997
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0264042
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0195149
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0117695
IRS990ScheduleA/Total509Grp/TotalAmt01269774
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0416116
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0279147
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0264092
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0195186
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0119910
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt01274451
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt04702
IRS990ScheduleD/EquipmentGrp/DepreciationAmt01812
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt06514
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0355711
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt05312
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0183
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05495
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0416116
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES REQUIRE MANAGEMENT OF AN ORGANIZATION TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN TAX POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE TRUST IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt010014
IRS990ScheduleD/TotalExpensesPerForm990Amt0355711
IRS990ScheduleD/TotalRevenuePerForm990Amt0416116
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0416116
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0355711
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE TRUST HAS NO COMMITTEE WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PREPARED FORM 990 IS REVIEWED BY THE ORGANIZATION'S GOVERNING BODY AND MANAGEMENT BEFORE THE RETURN IS FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TRUSTEES CREATED THE TRAINING COORDINATOR POSITION AND ENTERED INTO AN EMPLOYMENT AGREEMENT WITH THE CURRENT TRAINING COORDINATOR IN JUNE 2014. THE TRAINING COORDINATOR IS COMPENSATED BASED ON A 40 HOUR WORK WEEK AT THE FOREMAN PAY RATE AS PROVIDED IN THE LABOR AGREEMENT BETWEEN SHEET METAL WORKERS LOCAL #18 AND MADISON AREA MECHANICAL & SHEET METAL CONTRACTORS ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4CHANGED METHOD OF ACCOUNTING FROM MODIFIED CASH BASIS TO ACCRUAL
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5NO CHANGES FROM PRIOR YEAR
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 8B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART XII, LINE 1
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TemporarilyRstrNetAssetsGrp/BOYAmt0121269
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt092245
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0466671
IRS990/TotalAssetsEOYAmt0553303
IRS990/TotalAssetsGrp/BOYAmt0466671
IRS990/TotalAssetsGrp/EOYAmt0553303
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt01
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0170068
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0185643
IRS990/TotalFunctionalExpensesGrp/TotalAmt0355711
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt089106
IRS990/TotalLiabilitiesEOYAmt0115333
IRS990/TotalLiabilitiesGrp/BOYAmt089106
IRS990/TotalLiabilitiesGrp/EOYAmt0115333
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0377565
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0437970
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt0185643
IRS990/TotalProgramServiceRevenueAmt0413839
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt02225
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0413891
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0416116
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt04
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0466671
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0553303
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/ProgramServicesAmt014575
IRS990/TravelGrp/TotalAmt014575
IRS990/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0256296
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0345725
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt01602 SOUTH PARK STREET NO 104
IRS990/USAddress/CityNm0MADISON
IRS990/USAddress/StateAbbreviationCd0WI
IRS990/USAddress/ZIPCd053715
IRS990/VotingMembersGoverningBodyCnt04
IRS990/VotingMembersIndependentCnt04
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd00
ReturnHeader/BuildTS02016-08-17 19:52:53Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0SCOTT BARTZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CO-CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum06082204546
ReturnHeader/BusinessOfficerGrp/SignatureDt02016-02-18
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0MADISON AREA SHEET METAL WORKERS EDUCATIONAL TRUST
ReturnHeader/Filer/BusinessNameControlTxt0MADI
ReturnHeader/Filer/EIN0391415341
ReturnHeader/Filer/PhoneNum06082204546
ReturnHeader/Filer/USAddress/AddressLine1Txt01602 SOUTH PARK STREET NO 104
ReturnHeader/Filer/USAddress/CityNm0MADISON
ReturnHeader/Filer/USAddress/StateAbbreviationCd0WI
ReturnHeader/Filer/USAddress/ZIPCd053715
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0391531945
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0FREYBERG HINKLE ASHLAND POWERS & STOWELL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt015420 W CAPITOL DR
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0BROOKFIELD
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0WI
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd0530052621
ReturnHeader/PreparerPersonGrp/PhoneNum02627846210
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JAMES M ASHLAND CPA
ReturnHeader/ReturnTs02016-02-18T16:26:49-06:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02014-08-01
ReturnHeader/TaxPeriodEndDt02015-07-31
ReturnHeader/TaxYr02014

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$3.46$1.68$1.78$1.52$1.29$0.23
2023Detailed filing. Detailed filing data is available for this year.$3.38$1.83$1.55$1.31$1.17$0.14
2022Detailed filing. Detailed filing data is available for this year.$3.38$1.96$1.42$1.02$1.05$0.02
2021Detailed filing. Detailed filing data is available for this year.$3.53$2.09$1.44$0.99$0.90$0.09
2020Detailed filing. Detailed filing data is available for this year.$3.59$2.24$1.35$0.97$0.86$0.11
2019Detailed filing. Detailed filing data is available for this year.$2.42$1.18$1.24$1.08$0.63$0.45
2018Detailed filing. Detailed filing data is available for this year.$0.90$0.12$0.79$0.73$0.45$0.28
2017Detailed filing. Detailed filing data is available for this year.$0.61$0.11$0.51$0.40$0.36$0.04
2016Detailed filing. Detailed filing data is available for this year.$0.57$0.11$0.47$0.36$0.34$0.03
2015Detailed filing. Detailed filing data is available for this year.$0.55$0.12$0.44$0.42$0.36$0.06
2014Detailed filing. Detailed filing data is available for this year.$0.47$0.09$0.38$0.28$0.22$0.06
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.53$0.22$0.32$0.26$0.19$0.08
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.37$0.00$0.37$0.20$0.08$0.12
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.13$0.00$0.12$0.12$0.08$0.04
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.09$0.00$0.09$0.09$0.12$0.03