Civic Intelligence

Iron Workers Lu 397 Apprenticeship

990 • Fiscal year 2021 • EIN 59-6365948

Jan 01, 2021 to Dec 31, 2021 • Filed on Apr 27, 2022

PO Box 18Mango, FL 33550

(813) 623-1515

Siviq Scores

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

Liabilities / Assets

51st percentile

0.01x

Higher debt load relative to assets than 51% of similar nonprofits.

2021 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

57th percentile

0.04x

Higher debt load relative to revenue than 57% of similar nonprofits.

2021 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2021

Net Margin

54th percentile

12%

Higher net margin than 54% of similar nonprofits.

2021 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

19th percentile

$0

Higher top officer pay than 19% of similar nonprofits.

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

2021 filings • 501(c)5 • $1M-$5M nonprofits • Source year 2021

Asset Growth

38th percentile

4.7%

Faster asset growth than 38% of similar nonprofits.

2021 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

15th percentile

-9.6%

Faster revenue growth than 15% of similar nonprofits.

2021 filings • 501(c)5 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$1,968,649

Up $87,668 (+4.7%) from 2020

Net Assets

Up

$1,942,002

Up $86,236 (+4.6%) from 2020

Liabilities

Up

$26,647

Up $1,432 (+5.7%) from 2020

Revenue

Down

$712,946

Down $76,128 (-9.6%) from 2020

Expenses

Up

$626,710

Up $29,448 (+4.9%) from 2020

Net Income

Down

$86,236

Down $105,576 (-55%) from 2020

Historical Trend

Balance Sheet Trend

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

$3.0M$2.0M$1.0M$0Assets 2011: $1,258,283Liabilities 2011: $14,617Net Assets 2011: $1,243,6662011Assets 2012: $1,189,847Liabilities 2012: $14,342Net Assets 2012: $1,175,5052012Assets 2013: $1,149,318Liabilities 2013: $22,611Net Assets 2013: $1,126,7072013Assets 2014: $1,020,576Liabilities 2014: $32,624Net Assets 2014: $987,9522014Assets 2015: $1,009,704Liabilities 2015: $19,247Net Assets 2015: $990,4572015Assets 2016: $1,172,367Liabilities 2016: $27,559Net Assets 2016: $1,144,8082016Assets 2017: $1,330,191Liabilities 2017: $26,940Net Assets 2017: $1,303,2512017Assets 2018: $1,556,875Liabilities 2018: $44,387Net Assets 2018: $1,512,4882018Assets 2019: $1,693,813Liabilities 2019: $29,859Net Assets 2019: $1,663,9542019Assets 2020: $1,880,981Liabilities 2020: $25,215Net Assets 2020: $1,855,7662020Assets 2021: $1,968,649Liabilities 2021: $26,647Net Assets 2021: $1,942,0022021Assets 2022: $1,993,125Liabilities 2022: $87,269Net Assets 2022: $1,905,8562022Assets 2023: $2,024,360Liabilities 2023: $70,505Net Assets 2023: $1,953,8552023Assets 2024: $2,153,166Liabilities 2024: $22,712Net Assets 2024: $2,130,4542024

Highlighted filing

2021

Assets$1,968,649
Liabilities$26,647
Net Assets$1,942,002

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2011: $510,459Expenses 2011: $429,608Net Income 2011: $80,8512011Revenue 2012: $413,746Expenses 2012: $481,907Net Income 2012: -$68,1612012Revenue 2013: $492,687Expenses 2013: $541,485Net Income 2013: -$48,7982013Revenue 2014: $415,856Expenses 2014: $554,611Net Income 2014: -$138,7552014Revenue 2015: $466,479Expenses 2015: $463,974Net Income 2015: $2,5052015Revenue 2016: $644,018Expenses 2016: $489,667Net Income 2016: $154,3512016Revenue 2017: $690,393Expenses 2017: $531,950Net Income 2017: $158,4432017Revenue 2018: $810,387Expenses 2018: $601,150Net Income 2018: $209,2372018Revenue 2019: $787,130Expenses 2019: $635,664Net Income 2019: $151,4662019Revenue 2020: $789,074Expenses 2020: $597,262Net Income 2020: $191,8122020Revenue 2021: $712,946Expenses 2021: $626,710Net Income 2021: $86,2362021Revenue 2022: $714,315Expenses 2022: $750,461Net Income 2022: -$36,1462022Revenue 2023: $750,992Expenses 2023: $702,993Net Income 2023: $47,9992023Revenue 2024: $947,033Expenses 2024: $770,434Net Income 2024: $176,5992024

Highlighted filing

2021

Revenue$712,946
Expenses$626,710
Net Income$86,236
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Apr 27, 2022
Return Version
2021v4.2
Gross Receipts
$712,946
Mission and Program Overview

Mission

To prepare apprentices to successfully navigate a career in the ironworking field and to instruct them in all aspects of the requirements to effectively become ironworkers.

To provide up-to-date training and instruction for apprentices in the field of ironworking.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$985,134$991,308▲ $6,174
Land, Buildings, and Equipment, Net$389,680$541,675▲ $151,995
Cash and Non-Interest-Bearing Accounts$328,446$316,910▼ $11,536
Accounts Receivable$168,958$110,104▼ $58,854
Prepaid Expenses and Deferred Charges$1,182$1,071▼ $111
Total Assets$1,880,981$1,968,649▲ $87,668
Other Assets Total$7,581$7,581→ $0
Liabilities
Accounts Payable and Accrued Expenses$25,215$26,647▲ $1,432
Total Liabilities$25,215$26,647▲ $1,432
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$1,855,766$1,942,002▲ $86,236
Total Net Assets Fund Balance$1,855,766$1,942,002▲ $86,236
Total Liabilities and Net Assets / Fund Balance$1,880,981$1,968,649▲ $87,668

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$497,131$326,890$824,021
Equipment$29,654$142,958$172,612
Other Land Buildings$14,890$106,856$121,746
Compensation and Service Providers

Board Members and Trustees

NameTitle
Travis PhelpsChairman
Butch KinneyTrustee
Chad MorrowTrustee
Greg GianakosTrustee
Keven BarberCo-chariman
Preston TaylorSecretary
Revenue and Support

Revenue Composition

Contributions and Grants
$706,830
Program Service Revenue
$0
Investment Income
$6,116
Other Revenue
$0
All Other Contributions
$706,830
Change in Net Assets
$86,236

Audited Revenue Reconciliation

Revenue per Audited Statements
$712,946
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$712,946
Total Revenue per Form 990
$712,946
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$365,311
Other Expenses$261,399
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$229,071
Payments to Affiliates---$71,353
Pension Plan Contributions---$66,167
Other Employee Benefits---$51,461
Occupancy---$48,242
Depreciation Depletion---$40,432
Payroll Taxes---$18,612
Office Expenses---$10,098
Fees for Services Legal---$8,849
Insurance---$7,415
Information Technology---$5,739
Travel---$2,648
Conferences and Meetings---$2,442
Advertising---$1,327
Fees for Services Accounting---$831
Other Expenses---$740
Total Functional Expenses$0$0$0$626,710

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$626,710
Total Expenses per Audited Statements$626,710
Total Expenses per Form 990$626,710
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
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
No
Management duties delegated
No

Governance Explanations

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

Form 990 is presented to the officers at a board meeting prior to its filing date. If no meeting is scheduled, all officers are notified that the form is available in the office.

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

The trustees complete the checklist for monitoring your conflict of interest policy annually. In addition all employees, officers and trustees complete the conflict of interest certification and disclosure form annually after receipt and review of the conflict of interest policy.

Form 990, Part VI, Section B, Line 15

The top management officials are the chairman and vice chairman. Both of these positions are unpaid positions. Additionally, the secretary and trustees are unpaid positions. If an officer or trustee receives pay, they are not paid for their work as officers or trustees but are paid for other duties performed for the apprenticeship fund. Their wages are determined using the industrial journeyman scale of the local union and the foreman wage scale.

Form 990, Part VI, Section C, Line 19

A copy of the governing documents, policies and financial statements are available for inspection at all times in the office.

Filing and Contact Details

Filer

Filer Name
Iron Workers Lu 397 Apprenticeship
EIN
59-6365948
Phone
8136231515
Address
PO BOX 18, MANGO, FL 33550

Signing Officer

Name
Keven Barber
Title
Co-chairman
Phone
8136231515
Signed
2022-04-27
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Keven Barber
Formed
1971
Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
6
Employees
8
Volunteers
0

Preparer

Firm
Bates CPA Pllc
Address
1600 E 8TH AVE STE A200, TAMPA, FL 33605
Preparer
Brennan Bates CPA
Phone
8138030025
Supplemental Narrative

Additional Explanations

Part XII, Line 2C

There has been to change in the process from the prior year.

Raw XML Appendix361 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/ExplanationTxt0FORM 990 IS PRESENTED TO THE OFFICERS AT A BOARD MEETING PRIOR TO ITS FILING DATE. IF NO MEETING IS SCHEDULED, ALL OFFICERS ARE NOTIFIED THAT THE FORM IS AVAILABLE IN THE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE TRUSTEES COMPLETE THE CHECKLIST FOR MONITORING YOUR CONFLICT OF INTEREST POLICY ANNUALLY. IN ADDITION ALL EMPLOYEES, OFFICERS AND TRUSTEES COMPLETE THE CONFLICT OF INTEREST CERTIFICATION AND DISCLOSURE FORM ANNUALLY AFTER RECEIPT AND REVIEW OF THE CONFLICT OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE TOP MANAGEMENT OFFICIALS ARE THE CHAIRMAN AND VICE CHAIRMAN. BOTH OF THESE POSITIONS ARE UNPAID POSITIONS. ADDITIONALLY, THE SECRETARY AND TRUSTEES ARE UNPAID POSITIONS. IF AN OFFICER OR TRUSTEE RECEIVES PAY, THEY ARE NOT PAID FOR THEIR WORK AS OFFICERS OR TRUSTEES BUT ARE PAID FOR OTHER DUTIES PERFORMED FOR THE APPRENTICESHIP FUND. THEIR WAGES ARE DETERMINED USING THE INDUSTRIAL JOURNEYMAN SCALE OF THE LOCAL UNION AND THE FOREMAN WAGE SCALE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3A COPY OF THE GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE FOR INSPECTION AT ALL TIMES IN THE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THERE HAS BEEN TO CHANGE IN THE PROCESS FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION B, LINE 15
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4PART XII, LINE 2C
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0IRON WORKERS LOCAL UNION 397
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0590481747
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(5)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0UNION
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0PO BOX 18
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0MANGO
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0FL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd033550
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd00
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd01
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd01
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransactionsRelatedOrgGrp/InvolvedAmt070579
IRS990ScheduleR/TransactionsRelatedOrgGrp/MethodOfAmountDeterminationTxt0SHARED SERVICE AGREEMENT
IRS990ScheduleR/TransactionsRelatedOrgGrp/OtherOrganizationName/BusinessNameLine1Txt0IRON WORKERS LOCAL UNION 397
IRS990ScheduleR/TransactionsRelatedOrgGrp/TransactionTypeTxt0O
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01880981
IRS990/TotalAssetsEOYAmt01968649
IRS990/TotalAssetsGrp/BOYAmt01880981
IRS990/TotalAssetsGrp/EOYAmt01968649
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0706830
IRS990/TotalEmployeeCnt08
IRS990/TotalFunctionalExpensesGrp/TotalAmt0626710
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt025215
IRS990/TotalLiabilitiesEOYAmt026647
IRS990/TotalLiabilitiesGrp/BOYAmt025215
IRS990/TotalLiabilitiesGrp/EOYAmt026647
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt01855766
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt01942002
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt06116
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0712946
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt01880981
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt01968649
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TravelGrp/TotalAmt02648
IRS990/TypeOfOrganizationTrustInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine1Txt0PO BOX 18
IRS990/USAddress/CityNm0MANGO
IRS990/USAddress/StateAbbreviationCd0FL
IRS990/USAddress/ZIPCd033550
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0WWW.IWL397
IRS990/WhistleblowerPolicyInd01
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd0AAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd0IAL1
ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd00
ReturnHeader/BuildTS02022-09-23 18:48:47Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KEVEN BARBER
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CO-CHAIRMAN
ReturnHeader/BusinessOfficerGrp/PhoneNum08136231515
ReturnHeader/BusinessOfficerGrp/SignatureDt02022-04-27
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0IRON WORKERS LU 397 APPRENTICESHIP
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0TRUST FUND
ReturnHeader/Filer/BusinessNameControlTxt0IRON
ReturnHeader/Filer/EIN0596365948
ReturnHeader/Filer/PhoneNum08136231515
ReturnHeader/Filer/USAddress/AddressLine1Txt0PO BOX 18
ReturnHeader/Filer/USAddress/CityNm0MANGO
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033550
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0823948764
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0BATES CPA PLLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt01600 E 8TH AVE STE A200
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0TAMPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033605
ReturnHeader/PreparerPersonGrp/PhoneNum08138030025
ReturnHeader/PreparerPersonGrp/PreparationDt02022-04-27
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0BRENNAN BATES CPA
ReturnHeader/ReturnTs02022-05-02T17:09:27-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm0KEVEN
ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm0BARBER
ReturnHeader/TaxPeriodBeginDt02021-01-01
ReturnHeader/TaxPeriodEndDt02021-12-31
ReturnHeader/TaxYr02021

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.15$0.02$2.13$0.95$0.77$0.18
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$2.02$0.07$1.95$0.75$0.70$0.05
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.99$0.09$1.91$0.71$0.75$0.04
2021Detailed filing. Detailed filing data is available for this year.$1.97$0.03$1.94$0.71$0.63$0.09
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.88$0.03$1.86$0.79$0.60$0.19
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.69$0.03$1.66$0.79$0.64$0.15
2018Summary only. Only limited summary data is available for this year.$1.56$0.04$1.51$0.81$0.60$0.21
2017Summary only. Only limited summary data is available for this year.$1.33$0.03$1.30$0.69$0.53$0.16
2016Summary only. Only limited summary data is available for this year.$1.17$0.03$1.14$0.64$0.49$0.15
2015Summary only. Only limited summary data is available for this year.$1.01$0.02$0.99$0.47$0.46$0.00
2014Summary only. Only limited summary data is available for this year.$1.02$0.03$0.99$0.42$0.55$0.14
2013Summary only. Only limited summary data is available for this year.$1.15$0.02$1.13$0.49$0.54$0.05
2012Summary only. Only limited summary data is available for this year.$1.19$0.01$1.18$0.41$0.48$0.07
2011Summary only. Only limited summary data is available for this year.$1.26$0.01$1.24$0.51$0.43$0.08