Charity Search / SHEET METAL WORKERS LOCAL 20 APPRENTICESHIP & TRAINING TR
Education (B30) 990 on File

SHEET METAL WORKERS LOCAL 20 APPRENTICESHIP & TRAINING TR

EIN: 35-1154275 · INDIANAPOLIS, IN 46205-2403 · United States · FY 2025 Data
3 out of 5 56 / 100 Based on 2+ years of filings
Financial strength (30%) 87/100
Reliability (20%) 55/100
Effectiveness (25%) 75/100
Impact (25%) No data yet
Financial data: FY 2025 · Scored 9/13/2026
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Financial Overview — FY 2025
$6.6M
Total Revenue
$5.9M
Total Expenses
$7.5M
Net Assets
20
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 92.0%
Fundraising Efficiency N/A
Operating Reserve 15.24x
Liability-to-Asset 0.0%
Revenue Diversification 97.3%
Executive Compensation $219K
Compared with Peers
FY 2025
Compared with 5,421 similar organizations (United States, Education, $1M–$10M in expenses), FY 2025.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
92.0% 84.2%
P10P90
Top quarter
Admin expense ratio
Management and general / total expenses · lower is better
8.0% 12.9%
P10P90
Above median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
15.2 mo 9.0 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
0.0% 21.7%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
97.3% 89.4%
P10P90
Bottom quarter
Revenue growth
Year over year revenue growth
22.1% 5.0%
P10P90
Expense growth
Year over year expense growth
12.8% 6.1%
P10P90
Surplus margin
Surplus as a share of revenue
10.8% 3.0%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2025 $6.6M $5.9M $7.5M 92.0% 20
2024 $5.4M $5.2M $6.7M 92.6% 16
2023 $4.6M $4.6M $6.5M 92.6% 13
2022 $3.9M $4.4M $6.5M 92.6% 33
2021 $4.4M $4.1M N/A — 461
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Organization Details
EIN
35-1154275
State
IN
City
INDIANAPOLIS
ZIP
46205-2403
Classification
B30
Category
Education
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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