Civic Intelligence

Sheet Metal Workers Union Training of North Carol

990 • Fiscal year 2022 • EIN 59-1760049

Mar 01, 2022 to Dec 31, 2022 • Filed on Aug 28, 2023

PO Box 18740Knoxville, TN 37928

(865) 689-2928

Siviq Scores

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

Liabilities / Assets

60th percentile

0.01x

Higher debt load relative to assets than 60% of similar nonprofits.

2022 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2022

Liabilities / Revenue

69th percentile

0.03x

Higher debt load relative to revenue than 69% of similar nonprofits.

2022 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2022

Net Margin

93rd percentile

39%

Higher net margin than 93% of similar nonprofits.

2022 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2022

Top Officer Pay

34th percentile

$0

Higher top officer pay than 34% of similar nonprofits.

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

2022 filings • 501(c)5 • $500k-$1M nonprofits • Source year 2022

Asset Growth

96th percentile

53%

Faster asset growth than 96% of similar nonprofits.

2022 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Revenue Growth

70th percentile

9.9%

Faster revenue growth than 70% of similar nonprofits.

2022 filings • 501(c)5 • $500k-$1M nonprofits • Annualized from 2021 to 2022

Assets

Up

$574,655

Up $199,358 (+53%) from 2021

Net Assets

Up

$570,212

Up $197,045 (+53%) from 2021

Liabilities

Up

$4,443

Up $2,313 (+109%) from 2021

Revenue

Up

$150,046

Up $13,490 (+9.9%) from 2021

Expenses

Down

$92,219

Down $7,480 (-7.5%) from 2021

Net Income

Up

$57,827

Up $20,970 (+57%) from 2021

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: $123,167Liabilities 2012: $0Net Assets 2012: $123,1672012Assets 2013: $134,076Liabilities 2013: $0Net Assets 2013: $134,0762013Assets 2014: $148,296Liabilities 2014: $0Net Assets 2014: $148,2962014Assets 2015: $129,573Liabilities 2015: $0Net Assets 2015: $129,5732015Assets 2016: $146,344Liabilities 2016: $919Net Assets 2016: $145,4252016Assets 2017: $195,909Liabilities 2017: $459Net Assets 2017: $195,4502017Assets 2018: $220,738Liabilities 2018: $612Net Assets 2018: $220,1262018Assets 2019: $270,537Liabilities 2019: $461Net Assets 2019: $270,0762019Assets 2020: $337,043Liabilities 2020: $733Net Assets 2020: $336,3102020Assets 2021: $375,297Liabilities 2021: $2,130Net Assets 2021: $373,1672021Assets 2022: $574,655Liabilities 2022: $4,443Net Assets 2022: $570,2122022Assets 2023: $685,354Liabilities 2023: $5,393Net Assets 2023: $679,9612023Assets 2024: $1,222,757Liabilities 2024: $7,827Net Assets 2024: $1,214,9302024

Highlighted filing

2022

Assets$574,655
Liabilities$4,443
Net Assets$570,212

Operations Trend

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

$800K$600K$400K$200K$0-$200KRevenue 2012: $94,397Expenses 2012: $68,696Net Income 2012: $25,7012012Revenue 2013: $94,573Expenses 2013: $83,664Net Income 2013: $10,9092013Revenue 2014: $80,093Expenses 2014: $65,873Net Income 2014: $14,2202014Revenue 2015: $71,924Expenses 2015: $90,647Net Income 2015: -$18,7232015Revenue 2016: $73,055Expenses 2016: $57,203Net Income 2016: $15,8522016Revenue 2017: $107,520Expenses 2017: $57,495Net Income 2017: $50,0252017Revenue 2018: $88,062Expenses 2018: $63,386Net Income 2018: $24,6762018Revenue 2019: $117,194Expenses 2019: $67,244Net Income 2019: $49,9502019Revenue 2020: $121,687Expenses 2020: $74,938Net Income 2020: $46,7492020Revenue 2021: $136,556Expenses 2021: $99,699Net Income 2021: $36,8572021Revenue 2022: $150,046Expenses 2022: $92,219Net Income 2022: $57,8272022Revenue 2023: $236,794Expenses 2023: $127,045Net Income 2023: $109,7492023Revenue 2024: $705,680Expenses 2024: $170,711Net Income 2024: $534,9692024

Highlighted filing

2022

Revenue$150,046
Expenses$92,219
Net Income$57,827
Jump To
Filing Snapshot
Filing Period
Mar 1, 2022 to Dec 31, 2022
Signed
Aug 28, 2023
Return Version
2022v5.0
Gross Receipts
$150,046
Mission and Program Overview

Mission

To train apprentices in sheet metal craftsmanship

To train apprentices in sheet metal craftmanship

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$312,810$353,021▲ $40,211
Land, Buildings, and Equipment, Net$0$142,646▲ $142,646
Savings and Temporary Cash Investments$62,487$62,495▲ $8
Accounts Receivable-$13,047-
Prepaid Expenses and Deferred Charges-$3,446-
Total Assets$375,297$574,655▲ $199,358
Liabilities
Other Liabilities$2,130$2,754▲ $624
Accounts Payable and Accrued Expenses-$1,689-
Total Liabilities$2,130$4,443▲ $2,313
Net Assets / Fund Balance
Net Assets With Donor Restrictions$373,167$570,212▲ $197,045
Total Net Assets Fund Balance$373,167$570,212▲ $197,045
Total Liabilities and Net Assets / Fund Balance$375,297$574,655▲ $199,358

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$77,273$55,927$133,200
Equipment$35,573$10,470$46,043
Land$29,800-$29,800
Other Land Buildings$0$2,500$2,500
Compensation and Service Providers

Board Members and Trustees

NameTitle
Billy BlankTrustee
Christopher GriffeyTrustee
Richard AndersonTrustee
Robert EvertsonTrustee
Steve SmithTrustee
Tim SmithTrustee
Donald DetteCoordinator
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$142,719
Investment Income
$7
Other Revenue
$7,320
Change in Net Assets
$57,827

Audited Revenue Reconciliation

Revenue per Audited Statements
$150,046
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$150,046
Total Revenue per Form 990
$150,046
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$50,193
Salaries, Compensation, and Employee Benefits$42,026
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$22,375
Other Salaries and Wages---$13,180
All Other Expenses---$9,905
Office Expenses---$6,744
Depreciation Depletion---$6,521
Payroll Taxes---$6,213
Other Expenses---$5,129
Fees for Services Accounting---$2,250
Insurance---$922
Travel---$801
Other Employee Benefits---$258
Total Functional Expenses$0$0$0$92,219

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$92,219
Total Expenses per Audited Statements$92,219
Total Expenses per Form 990$92,219
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
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Payroll Tax Liability$2,105
Accrued Property Tax$649
Governance and Compliance

Governance Checklist

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

Governance Explanations

Form 990, Part VI, Section A, Line 6

The organization has trustees that are selected by other trustees.

Form 990, Part VI, Section A, Line 7A

Trustees are elected by other trustees.

Form 990, Part VI, Section A, Line 7B

Trustees approve all decisions

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

All trustees review form 990 and attachments before being filing.

Form 990, Part VI, Section B, Line 12C

Before becoming a trustee, each candidate is asked to disclose any conflict of interest he may have with the training fund. Also, any time thereafter, the individual is reminded of the importance of such disclosure with the openness of any trainee or trustee to bring any such potential conflict to any trustee's attention.

Form 990, Part VI, Section B, Line 15

Compensation must be approved by the baord of trustees.

Form 990, Part VI, Section C, Line 19

UPON REQUEST

Part VI, Line 6

The organization has trustees that are selected by other trustees

Part VI, Line 7A

Trustees are elected by other trustees

Part VI, Line 7B

Trustees approve all decisions

Part VI, Line 11

All trustees review form 990 and attachments before filing.

Part VI, Line 12C

Before becoming a trustee, each candidate is asked to disclose any conflict of interest he may have with the training fund. Also, any time thereafter, the individual is reminded of the importance of such disclosure with the openness of any trainee or trustee to bring any such potential conflict to any trustee's attention.

Part VI, Line 15A

Compensation must be approved by the board of trustees

Part VI, Line 15B

Compensation must be approved by the board of trustees

Part VI, Line 19

Governing documents are available to the public upon request

Filing and Contact Details

Filer

Filer Name
Sheet Metal Workers Union Training Fund
EIN
59-1760049
Phone
8656892928
Address
PO BOX 18740, KNOXVILLE, TN 37928

Signing Officer

Name
Donald Dette
Title
Coordinator
Phone
8656892928
Signed
2023-08-28
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Donald Dette
Formed
1970
Legal Domicile
Tn
Voting Board Members
6
Independent Board Members
6
Employees
4
Volunteers
0

Preparer

Firm
Tarwater & Company Pc
Address
PO BOX 11622, KNOXVILLE, TN 37939
Preparer
Joe Tarwater CPA
Phone
8655840294
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Property tax 3,948. Reimbursements 1,609. Internet 1,556. Landscaping 1,220. Dues and subscriptions 888. Security 476. Annual inspection fire extinguisher 115. Bank fees 52. Vehicle registration 41.

Part XII, Line 2C

No change from prior year.

Raw XML Appendix372 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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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS TRUSTEES THAT ARE SELECTED BY OTHER TRUSTEES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2TRUSTEES APPROVE ALL DECISIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL TRUSTEES REVIEW FORM 990 AND ATTACHMENTS BEFORE BEING FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4BEFORE BECOMING A TRUSTEE, EACH CANDIDATE IS ASKED TO DISCLOSE ANY CONFLICT OF INTEREST HE MAY HAVE WITH THE TRAINING FUND. ALSO, ANY TIME THEREAFTER, THE INDIVIDUAL IS REMINDED OF THE IMPORTANCE OF SUCH DISCLOSURE WITH THE OPENNESS OF ANY TRAINEE OR TRUSTEE TO BRING ANY SUCH POTENTIAL CONFLICT TO ANY TRUSTEE'S ATTENTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5COMPENSATION MUST BE APPROVED BY THE BAORD OF TRUSTEES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7THE ORGANIZATION HAS TRUSTEES THAT ARE SELECTED BY OTHER TRUSTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8TRUSTEES ARE ELECTED BY OTHER TRUSTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt9TRUSTEES APPROVE ALL DECISIONS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt10ALL TRUSTEES REVIEW FORM 990 AND ATTACHMENTS BEFORE FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt11BEFORE BECOMING A TRUSTEE, EACH CANDIDATE IS ASKED TO DISCLOSE ANY CONFLICT OF INTEREST HE MAY HAVE WITH THE TRAINING FUND. ALSO, ANY TIME THEREAFTER, THE INDIVIDUAL IS REMINDED OF THE IMPORTANCE OF SUCH DISCLOSURE WITH THE OPENNESS OF ANY TRAINEE OR TRUSTEE TO BRING ANY SUCH POTENTIAL CONFLICT TO ANY TRUSTEE'S ATTENTION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt12COMPENSATION MUST BE APPROVED BY THE BOARD OF TRUSTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt13COMPENSATION MUST BE APPROVED BY THE BOARD OF TRUSTEES
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt14GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt15PROPERTY TAX 3,948. REIMBURSEMENTS 1,609. INTERNET 1,556. LANDSCAPING 1,220. DUES AND SUBSCRIPTIONS 888. SECURITY 476. ANNUAL INSPECTION FIRE EXTINGUISHER 115. BANK FEES 52. VEHICLE REGISTRATION 41.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt16NO CHANGE FROM PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc7PART VI, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc8PART VI, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc9PART VI, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc10PART VI, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc11PART VI, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc12PART VI, LINE 15A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc13PART VI, LINE 15B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc14PART VI, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc15FORM 990, PART IX, LINE 24E
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc16PART XII, LINE 2C
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0375297
IRS990/TotalAssetsEOYAmt0574655
IRS990/TotalAssetsGrp/BOYAmt0375297
IRS990/TotalAssetsGrp/EOYAmt0574655
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalEmployeeCnt04
IRS990/TotalFunctionalExpensesGrp/TotalAmt092219
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt02130
IRS990/TotalLiabilitiesEOYAmt04443
IRS990/TotalLiabilitiesGrp/BOYAmt02130
IRS990/TotalLiabilitiesGrp/EOYAmt04443
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0373167
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0570212
IRS990/TotalOtherCompensationAmt00
IRS990/TotalProgramServiceExpensesAmt092219
IRS990/TotalProgramServiceRevenueAmt0142719
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt07
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0150039
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0150046
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0375297
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0574655
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt0801
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02023-04-26 12:10:37Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0DONALD DETTE
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0COORDINATOR
ReturnHeader/BusinessOfficerGrp/PhoneNum08656892928
ReturnHeader/BusinessOfficerGrp/SignatureDt02023-08-28
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0SHEET METAL WORKERS UNION TRAINING FUND
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0OF NORTH CAROLINA
ReturnHeader/Filer/BusinessNameControlTxt0SHEE
ReturnHeader/Filer/EIN0591760049
ReturnHeader/Filer/PhoneNum08656892928
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 18740
ReturnHeader/Filer/USAddress/CityNm0KNOXVILLE
ReturnHeader/Filer/USAddress/StateAbbreviationCd0TN
ReturnHeader/Filer/USAddress/ZIPCd037928
ReturnHeader/IRSResponsiblePrtyInfoCurrInd00
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0562397000
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0TARWATER & COMPANY PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0PO BOX 11622
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0KNOXVILLE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0TN
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd037939
ReturnHeader/PreparerPersonGrp/PhoneNum08655840294
ReturnHeader/PreparerPersonGrp/PreparationDt02023-08-28
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0JOE TARWATER CPA
ReturnHeader/ReturnTs02023-08-30T10:31:08-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0DONALD
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0DETTE
ReturnHeader/TaxPeriodBeginDt02022-03-01
ReturnHeader/TaxPeriodEndDt02022-12-31
ReturnHeader/TaxYr02022

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