Sheet Metal Local 80 Joint Apprenticeship Fund

Charity Navigator Rating: 82%, Three-Star out of Four Star rating. The Sheet Metal Local 80 Joint Apprenticeship Fund holds a solid score of 82%, reflecting a commendable emphasis on accountability and finance. This rating indicates that the organization generally manages its funds effectively and adheres to key financial practices.

The strengths of the organization are highlighted by a perfect score in several areas, including financial statements oversight and a favorable liabilities to assets ratio. Furthermore, the program expense ratio is strong, suggesting that a substantial portion of its budget is dedicated to its programs. However, the organization faces challenges, particularly in governance, as it lacks independent board members and is missing key policies such as those addressing conflicts of interest and whistleblower protections.

While the organization demonstrates good financial oversight, the absence of a majority of independent board members and certain governance policies raises concerns about potential biases in decision-making. Addressing these limitations could enhance the organization's transparency and strengthen its overall governance practices in future evaluations.

This AI summary has been generated from information found on Charity Navigator.

Sheet Metal Local 80 Joint Apprenticeship Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sheet Metal Local 80 Joint Apprenticeship Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $114,502
Professional Fundraising Fees: $0
Other Salaries and Wages: $298,120

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