Central New York Jatc For The Electrical Industry
Central New York Jatc For The Electrical Industry shows consistent revenue growth and zero officer compensation over the past decade.
EIN: 166049686 · Clay, NY · NTEE: J22Z · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $2.6M |
| Total Expenses | $2.1M |
| Program Spending | 90% |
| CEO/Top Officer Pay | $2,603,354. |
| Net Assets | $2.5M |
| Transparency Score | 95/100 |
Is Central New York Jatc For The Electrical Industry Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Central New York Jatc For The Electrical Industry directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Central New York Jatc For The Electrical Industry
Central New York Jatc For The Electrical Industry (EIN: 166049686) is a nonprofit organization based in Clay, NY, classified under NTEE code J22Z. The organization reported total revenue of $2.6M and total assets of $2.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Central New York Jatc For The Electrical Industry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Central New York Jatc For The Electrical Industry is a mid-size nonprofit that has been operating for 61 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 5.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.9M |
| Total Expenses | $2.1M |
| Surplus / Deficit | $-147,920 |
| Total Assets | $2.6M |
| Total Liabilities | $113K |
| Net Assets | $2.5M |
| Operating Margin | -7.7% |
| Debt-to-Asset Ratio | 4.4% |
| Months of Reserves | 15.1 months |
Financial Health Grade: B
In 2023, Central New York Jatc For The Electrical Industry reported a deficit of $148K with expenses exceeding revenue, holds 15.1 months of operating reserves (strong position), has a debt-to-asset ratio of 4.4% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Central New York Jatc For The Electrical Industry's revenue has grown at a compound annual growth rate (CAGR) of 5.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -12.0% | +23.5% | -0.3% |
| 2022 | +20.0% | +7.9% | +17.1% |
| 2021 | +11.7% | +8.2% | +13.7% |
| 2020 | +2.9% | -4.7% | +13.7% |
| 2019 | +12.6% | +10.9% | +6.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1965 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Central New York Jatc For The Electrical Industry with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 8%
- programs: 90%
- fundraising: 2%
According to IRS 990 filings, Central New York Jatc For The Electrical Industry allocates its expenses as follows: admin: 8%, programs: 90%, fundraising: 2%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a deficit of $148K, with expenses exceeding revenue.
- Debt-to-asset ratio: 4.4%.
Executive Compensation Analysis
Executive compensation is reported at 0% across all available filings, indicating that no officers received compensation from the organization, which is highly commendable for an organization of its size with latest revenue of $2,603,354.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Strengths
The following positive indicators were identified for Central New York Jatc For The Electrical Industry:
- Consistent revenue growth, from $1,072,704 in 2014 to $2,603,354 latest.
- Zero officer compensation reported across all filings, indicating strong financial ethics.
- Healthy asset growth from $1,430,575 to $2,786,685, outpacing liabilities.
- Low liabilities relative to assets, suggesting sound financial management.
- Positive net assets in most periods, indicating financial stability.
Frequently Asked Questions about Central New York Jatc For The Electrical Industry
Is Central New York Jatc For The Electrical Industry a legitimate charity?
Central New York Jatc For The Electrical Industry (EIN: 166049686) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 95/100. It has 13 years of IRS 990 filings on record. Total revenue: $2.6M. No red flags identified. 5 strengths noted. Financial health grade: B.
How does Central New York Jatc For The Electrical Industry spend its money?
Central New York Jatc For The Electrical Industry directs 90% of its spending to programs and services. Fundraising costs 2%. This exceeds the 65% industry benchmark.
Are donations to Central New York Jatc For The Electrical Industry tax-deductible?
Central New York Jatc For The Electrical Industry is registered as a tax-exempt nonprofit (EIN: 166049686). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the Central New York Jatc For The Electrical Industry CEO make?
Central New York Jatc For The Electrical Industry's highest-compensated officer earns $2,603,354. annually. The organization reported $2.6M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of Central New York Jatc For The Electrical Industry's spending goes to programs?
Central New York Jatc For The Electrical Industry directs 90% to programs, 2% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does Central New York Jatc For The Electrical Industry compare to similar nonprofits?
With a transparency score of 95/100 (Excellent), Central New York Jatc For The Electrical Industry is above average for NTEE category J22Z nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is Central New York Jatc For The Electrical Industry located?
Central New York Jatc For The Electrical Industry is headquartered in Clay, New York and files with the IRS under EIN 166049686. It is classified under NTEE code J22Z.
How many years of IRS 990 filings does Central New York Jatc For The Electrical Industry have?
Central New York Jatc For The Electrical Industry 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 $2.6M in total revenue.
Is Central New York Jatc For The Electrical Industry a good charity?
Based on the provided financial data, Central New York Jatc For The Electrical Industry appears to be a very good charity. It demonstrates consistent financial growth, strong asset accumulation, low liabilities, and a remarkable commitment to its mission by reporting 0% officer compensation over many years.
How has the organization's revenue trended over time?
The organization's revenue has shown a strong upward trend, increasing from $1,072,704 in 2014 to $2,603,354 in its latest filing, indicating healthy financial growth.
What is the organization's approach to executive compensation?
The organization reports 0% officer compensation in all available filings, indicating that no executives or officers are compensated by the organization, which is a strong positive for transparency and mission focus.
Filing History
IRS 990 filing history for Central New York Jatc For The Electrical Industry showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Central New York Jatc For The Electrical Industry's revenue has grown by 83.7%, moving from $1.0M to $1.9M. Total assets increased by 103.4% over the same period, from $1.3M to $2.6M. Total functional expenses rose by 111.8%, from $974K to $2.1M. In its most recent filing year (2023), Central New York Jatc For The Electrical Industry reported a deficit of $148K, with expenses exceeding revenue. The organization holds $113K in liabilities against $2.6M in assets (debt-to-asset ratio: 4.4%), resulting in net assets of $2.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $2.1M | $2.6M | $113K | — | View 990 |
| 2022 | $2.2M | $1.7M | $2.6M | $88K | — | View 990 |
| 2021 | $1.8M | $1.5M | $2.2M | $68K | — | View 990 |
| 2020 | $1.6M | $1.4M | $2.0M | $54K | — | View 990 |
| 2019 | $1.6M | $1.5M | $1.7M | $43K | — | View 990 |
| 2018 | $1.4M | $1.4M | $1.6M | $51K | — | View 990 |
| 2017 | $1.3M | $1.2M | $1.6M | $42K | — | View 990 |
| 2016 | $1.2M | $1.1M | $1.5M | $34K | — | View 990 |
| 2015 | $1.1M | $1.1M | $1.4M | $28K | — | View 990 |
| 2014 | $1.1M | $1.2M | $1.4M | $32K | — | View 990 |
| 2013 | $1.2M | $1.1M | $1.5M | $30K | — | View 990 |
| 2012 | $1.1M | $1.0M | $1.4M | $52K | — | View 990 |
| 2011 | $1.0M | $974K | $1.3M | $33K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $2.1M, and assets of $2.6M (revenue -12.0% year-over-year).
- 2022: Revenue of $2.2M, expenses of $1.7M, and assets of $2.6M (revenue +20.0% year-over-year).
- 2021: Revenue of $1.8M, expenses of $1.5M, and assets of $2.2M (revenue +11.7% year-over-year).
- 2020: Revenue of $1.6M, expenses of $1.4M, and assets of $2.0M (revenue +2.9% year-over-year).
- 2019: Revenue of $1.6M, expenses of $1.5M, and assets of $1.7M (revenue +12.6% year-over-year).
- 2018: Revenue of $1.4M, expenses of $1.4M, and assets of $1.6M (revenue +6.2% year-over-year).
- 2017: Revenue of $1.3M, expenses of $1.2M, and assets of $1.6M (revenue +9.4% year-over-year).
- 2016: Revenue of $1.2M, expenses of $1.1M, and assets of $1.5M (revenue +12.5% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.1M, and assets of $1.4M (revenue -0.1% year-over-year).
- 2014: Revenue of $1.1M, expenses of $1.2M, and assets of $1.4M (revenue -11.2% year-over-year).
- 2013: Revenue of $1.2M, expenses of $1.1M, and assets of $1.5M (revenue +7.5% year-over-year).
- 2012: Revenue of $1.1M, expenses of $1.0M, and assets of $1.4M (revenue +7.9% year-over-year).
- 2011: Revenue of $1.0M, expenses of $974K, and assets of $1.3M.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Central New York Jatc For The Electrical Industry:
Data Sources and Methodology
This transparency report for Central New York Jatc For The Electrical Industry 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.