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Employment (J22Z) 990 on File

SHEET METAL TRAINING FUND

EIN: 93-6053828 · PORTLAND, OR 97230-0000 · United States · FY 2023 Data
3 out of 5 58 / 100 Based on 2+ years of filings
Financial strength (30%) 85/100
Reliability (20%) 55/100
Effectiveness (25%) 85/100
Impact (25%) No data yet
Financial data: FY 2023 · Scored 9/13/2026
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Financial Overview — FY 2023
$3.0M
Total Revenue
$3.0M
Total Expenses
$7.8M
Net Assets
21
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 76.6%
Fundraising Efficiency N/A
Operating Reserve 30.90x
Liability-to-Asset 3.5%
Revenue Diversification 92.3%
Executive Compensation $177K
Compared with Peers
FY 2023
Compared with 1,162 similar organizations (United States, Employment, $1M–$10M in expenses), FY 2023.
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
76.6% 84.8%
P10P90
Bottom quarter
Admin expense ratio
Management and general / total expenses · lower is better
23.4% 13.3%
P10P90
Bottom quarter
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
30.9 mo 9.3 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
3.5% 16.9%
P10P90
Top quarter
Revenue concentration
Share of revenue from the largest source · lower is better
92.3% 92.9%
P10P90
Above median
Revenue growth
Year over year revenue growth
0.0% 7.6%
P10P90
Expense growth
Year over year expense growth
7.7% 8.9%
P10P90
Surplus margin
Surplus as a share of revenue
-0.7% 2.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2023 $3.0M $3.0M $7.8M 76.6% 21
2022 $3.0M $2.8M $7.5M 79.8% 19
2021 $3.4M $2.5M N/A — 16
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Organization Details
EIN
93-6053828
State
OR
City
PORTLAND
ZIP
97230-0000
Classification
J22Z
Category
Employment
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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