Apprentice Education Trust Local 440
EIN: 351323832 · Indianapolis, IN
| Metric | Value |
|---|---|
| Total Revenue | $10.4M |
| Total Expenses | $4.1M |
| Net Assets | $7.5M |
Is Apprentice Education Trust Local 440 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Apprentice Education Trust Local 440
Apprentice Education Trust Local 440 (EIN: 351323832) is a nonprofit organization based in Indianapolis, IN. The organization reported total revenue of $10.4M and total assets of $10.4M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Apprentice Education Trust Local 440's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Apprentice Education Trust Local 440 is a large nonprofit that has been operating for 52 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 10.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $4.8M |
| Total Expenses | $4.1M |
| Surplus / Deficit | +$738K |
| Total Assets | $7.5M |
| Net Assets | $7.5M |
| Operating Margin | 15.3% |
| Months of Reserves | 21.9 months |
Financial Health Grade: A
In 2023, Apprentice Education Trust Local 440 reported a surplus of $738K with revenue exceeding expenses, holds 21.9 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Apprentice Education Trust Local 440's revenue has grown at a compound annual growth rate (CAGR) of 10.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +32.5% | +37.9% | +16.2% |
| 2022 | +2.9% | +18.5% | +2.6% |
| 2021 | +9.7% | -18.9% | +20.8% |
| 2020 | +20.1% | +34.0% | +2.4% |
| 2019 | -32.4% | +3.5% | +11.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1974 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Apprentice Education Trust Local 440 has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Apprentice Education Trust Local 440 with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $738K, with revenue exceeding expenses.
Frequently Asked Questions about Apprentice Education Trust Local 440
Is Apprentice Education Trust Local 440 a legitimate charity?
Apprentice Education Trust Local 440 (EIN: 351323832) is a registered tax-exempt nonprofit based in Indiana. It has 13 years of IRS 990 filings on record. Total revenue: $10.4M. No red flags identified. Financial health grade: A.
How does Apprentice Education Trust Local 440 spend its money?
Apprentice Education Trust Local 440 reported $10.4M in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Apprentice Education Trust Local 440 tax-deductible?
Apprentice Education Trust Local 440 is registered as a tax-exempt nonprofit (EIN: 351323832). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Apprentice Education Trust Local 440 located?
Apprentice Education Trust Local 440 is headquartered in Indianapolis, Indiana and files with the IRS under EIN 351323832.
How many years of IRS 990 filings does Apprentice Education Trust Local 440 have?
Apprentice Education Trust Local 440 has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $10.4M in total revenue.
Filing History
IRS 990 filing history for Apprentice Education Trust Local 440 showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Apprentice Education Trust Local 440's revenue has grown by 225.5%, moving from $1.5M to $4.8M. Total assets increased by 330.1% over the same period, from $1.7M to $7.5M. Total functional expenses rose by 145.2%, from $1.7M to $4.1M. In its most recent filing year (2023), Apprentice Education Trust Local 440 reported a surplus of $738K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $4.8M | $4.1M | $7.5M | $0 | — | — |
| 2022 | $3.6M | $3.0M | $6.4M | $0 | — | View 990 |
| 2021 | $3.5M | $2.5M | $6.3M | $0 | — | View 990 |
| 2020 | $3.2M | $3.1M | $5.2M | $0 | — | — |
| 2019 | $2.7M | $2.3M | $5.1M | $18K | — | View 990 |
| 2018 | $4.0M | $2.2M | $4.5M | $0 | — | View 990 |
| 2017 | $2.7M | $2.3M | $2.9M | $0 | — | View 990 |
| 2016 | $2.4M | $2.2M | $2.4M | $0 | — | View 990 |
| 2015 | $2.1M | $2.0M | $2.2M | $0 | — | View 990 |
| 2014 | $2.1M | $2.0M | $2.2M | $2K | — | View 990 |
| 2013 | $2.2M | $1.9M | $2.0M | $27K | — | View 990 |
| 2012 | $1.7M | $1.7M | $1.7M | $13K | — | View 990 |
| 2011 | $1.5M | $1.7M | $1.7M | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $4.8M, expenses of $4.1M, and assets of $7.5M (revenue +32.5% year-over-year).
- 2022: Revenue of $3.6M, expenses of $3.0M, and assets of $6.4M (revenue +2.9% year-over-year).
- 2021: Revenue of $3.5M, expenses of $2.5M, and assets of $6.3M (revenue +9.7% year-over-year).
- 2020: Revenue of $3.2M, expenses of $3.1M, and assets of $5.2M (revenue +20.1% year-over-year).
- 2019: Revenue of $2.7M, expenses of $2.3M, and assets of $5.1M (revenue -32.4% year-over-year).
- 2018: Revenue of $4.0M, expenses of $2.2M, and assets of $4.5M (revenue +46.8% year-over-year).
- 2017: Revenue of $2.7M, expenses of $2.3M, and assets of $2.9M (revenue +10.6% year-over-year).
- 2016: Revenue of $2.4M, expenses of $2.2M, and assets of $2.4M (revenue +18.7% year-over-year).
- 2015: Revenue of $2.1M, expenses of $2.0M, and assets of $2.2M (revenue -3.4% year-over-year).
- 2014: Revenue of $2.1M, expenses of $2.0M, and assets of $2.2M (revenue -3.6% year-over-year).
- 2013: Revenue of $2.2M, expenses of $1.9M, and assets of $2.0M (revenue +29.3% year-over-year).
- 2012: Revenue of $1.7M, expenses of $1.7M, and assets of $1.7M (revenue +15.4% year-over-year).
- 2011: Revenue of $1.5M, expenses of $1.7M, and assets of $1.7M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Apprentice Education Trust Local 440:
Data Sources and Methodology
This transparency report for Apprentice Education Trust Local 440 is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.