Charlotte Electrical Joint Apprenticeship & Training Committ
EIN: 582431633 · Charlotte, NC · NTEE: J22
| Metric | Value |
|---|---|
| Total Revenue | $1.5M |
| Total Expenses | $1.3M |
| Net Assets | $2.2M |
Is Charlotte Electrical Joint Apprenticeship & Training Committ Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Charlotte Electrical Joint Apprenticeship & Training Committ
Charlotte Electrical Joint Apprenticeship & Training Committ (EIN: 582431633) is a nonprofit organization based in Charlotte, NC, classified under NTEE code J22. The organization reported total revenue of $1.5M and total assets of $3.7M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Charlotte Electrical Joint Apprenticeship & Training Committ's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Charlotte Electrical Joint Apprenticeship & Training Committ is a mid-size nonprofit that has been operating for 25 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 13.7%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.3M |
| Total Expenses | $1.3M |
| Surplus / Deficit | +$12K |
| Total Assets | $3.7M |
| Total Liabilities | $1.5M |
| Net Assets | $2.2M |
| Operating Margin | 0.9% |
| Debt-to-Asset Ratio | 41.7% |
| Months of Reserves | 34.0 months |
Financial Health Grade: A
In 2023, Charlotte Electrical Joint Apprenticeship & Training Committ reported a surplus of $12K with revenue exceeding expenses, holds 34.0 months of operating reserves (strong position), has a debt-to-asset ratio of 41.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Charlotte Electrical Joint Apprenticeship & Training Committ's revenue has grown at a compound annual growth rate (CAGR) of 13.7%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +19.2% | +32.2% | -1.4% |
| 2022 | -9.1% | +6.3% | +1.2% |
| 2021 | +60.0% | +17.9% | +5.5% |
| 2020 | -19.7% | -6.1% | -1.6% |
| 2019 | -6.9% | +19.8% | +1.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 2001 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Charlotte Electrical Joint Apprenticeship & Training Committ 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 Charlotte Electrical Joint Apprenticeship & Training Committ 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 $12K, with revenue exceeding expenses.
- Debt-to-asset ratio: 41.7%.
Frequently Asked Questions about Charlotte Electrical Joint Apprenticeship & Training Committ
Is Charlotte Electrical Joint Apprenticeship & Training Committ a legitimate charity?
Charlotte Electrical Joint Apprenticeship & Training Committ (EIN: 582431633) is a registered tax-exempt nonprofit based in North Carolina. It has 13 years of IRS 990 filings on record. Total revenue: $1.5M. No red flags identified. Financial health grade: A.
How does Charlotte Electrical Joint Apprenticeship & Training Committ spend its money?
Charlotte Electrical Joint Apprenticeship & Training Committ reported $1.5M 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 Charlotte Electrical Joint Apprenticeship & Training Committ tax-deductible?
Charlotte Electrical Joint Apprenticeship & Training Committ is registered as a tax-exempt nonprofit (EIN: 582431633). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Charlotte Electrical Joint Apprenticeship & Training Committ located?
Charlotte Electrical Joint Apprenticeship & Training Committ is headquartered in Charlotte, North Carolina and files with the IRS under EIN 582431633. It is classified under NTEE code J22.
How many years of IRS 990 filings does Charlotte Electrical Joint Apprenticeship & Training Committ have?
Charlotte Electrical Joint Apprenticeship & Training Committ 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 $1.5M in total revenue.
Filing History
IRS 990 filing history for Charlotte Electrical Joint Apprenticeship & Training Committ showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Charlotte Electrical Joint Apprenticeship & Training Committ's revenue has grown by 364.7%, moving from $283K to $1.3M. Total assets increased by 784.8% over the same period, from $417K to $3.7M. Total functional expenses rose by 356.5%, from $285K to $1.3M. In its most recent filing year (2023), Charlotte Electrical Joint Apprenticeship & Training Committ reported a surplus of $12K, with revenue exceeding expenses. The organization holds $1.5M in liabilities against $3.7M in assets (debt-to-asset ratio: 41.7%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.3M | $1.3M | $3.7M | $1.5M | — | View 990 |
| 2022 | $1.1M | $984K | $3.7M | $1.6M | — | View 990 |
| 2021 | $1.2M | $926K | $3.7M | $1.7M | — | View 990 |
| 2020 | $758K | $785K | $3.5M | $1.8M | — | View 990 |
| 2019 | $944K | $836K | $3.6M | $1.8M | — | View 990 |
| 2018 | $1.0M | $698K | $3.5M | $1.8M | — | View 990 |
| 2017 | $845K | $607K | $1.1M | $0 | — | View 990 |
| 2016 | $547K | $588K | $866K | $5K | — | View 990 |
| 2015 | $886K | $579K | $908K | $5K | — | View 990 |
| 2014 | $383K | $355K | $598K | $2K | — | View 990 |
| 2013 | $445K | $378K | $567K | $0 | — | View 990 |
| 2012 | $364K | $279K | $501K | $1K | — | View 990 |
| 2011 | $283K | $285K | $417K | $2K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.3M, expenses of $1.3M, and assets of $3.7M (revenue +19.2% year-over-year).
- 2022: Revenue of $1.1M, expenses of $984K, and assets of $3.7M (revenue -9.1% year-over-year).
- 2021: Revenue of $1.2M, expenses of $926K, and assets of $3.7M (revenue +60.0% year-over-year).
- 2020: Revenue of $758K, expenses of $785K, and assets of $3.5M (revenue -19.7% year-over-year).
- 2019: Revenue of $944K, expenses of $836K, and assets of $3.6M (revenue -6.9% year-over-year).
- 2018: Revenue of $1.0M, expenses of $698K, and assets of $3.5M (revenue +19.9% year-over-year).
- 2017: Revenue of $845K, expenses of $607K, and assets of $1.1M (revenue +54.6% year-over-year).
- 2016: Revenue of $547K, expenses of $588K, and assets of $866K (revenue -38.3% year-over-year).
- 2015: Revenue of $886K, expenses of $579K, and assets of $908K (revenue +131.1% year-over-year).
- 2014: Revenue of $383K, expenses of $355K, and assets of $598K (revenue -13.9% year-over-year).
- 2013: Revenue of $445K, expenses of $378K, and assets of $567K (revenue +22.2% year-over-year).
- 2012: Revenue of $364K, expenses of $279K, and assets of $501K (revenue +28.9% year-over-year).
- 2011: Revenue of $283K, expenses of $285K, and assets of $417K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Charlotte Electrical Joint Apprenticeship & Training Committ:
Data Sources and Methodology
This transparency report for Charlotte Electrical Joint Apprenticeship & Training Committ 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.