Chesapeake Construction Education And Apprenticeship Trust Fund
EIN: 270881582 · Annapolis, MD · NTEE: B60
| Metric | Value |
|---|---|
| Total Revenue | $430K |
| Total Expenses | $409K |
| Net Assets | $119K |
Is Chesapeake Construction Education And Apprenticeship Trust Fund Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Chesapeake Construction Education And Apprenticeship Trust Fund
Chesapeake Construction Education And Apprenticeship Trust Fund (EIN: 270881582) is a nonprofit organization based in Annapolis, MD, classified under NTEE code B60. The organization reported total revenue of $430K and total assets of $180K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Chesapeake Construction Education And Apprenticeship Trust Fund's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Chesapeake Construction Education And Apprenticeship Trust Fund is a small nonprofit that has been operating for 16 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 8.9%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $396K |
| Total Expenses | $409K |
| Surplus / Deficit | $-13,046 |
| Total Assets | $219K |
| Total Liabilities | $99K |
| Net Assets | $119K |
| Operating Margin | -3.3% |
| Debt-to-Asset Ratio | 45.4% |
| Months of Reserves | 6.4 months |
Financial Health Grade: B
In 2023, Chesapeake Construction Education And Apprenticeship Trust Fund reported a deficit of $13K with expenses exceeding revenue, holds 6.4 months of operating reserves (strong position), has a debt-to-asset ratio of 45.4% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Chesapeake Construction Education And Apprenticeship Trust Fund's revenue has grown at a compound annual growth rate (CAGR) of 8.9%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +1.6% | +4.7% | +25.6% |
| 2022 | +6.0% | +3.3% | +22.8% |
| 2021 | +20.4% | +5.6% | -25.7% |
| 2020 | -8.5% | +4.9% | -13.2% |
| 2019 | -4.7% | +4.3% | +4.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2010 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Chesapeake Construction Education And Apprenticeship Trust Fund 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 Chesapeake Construction Education And Apprenticeship Trust Fund 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 deficit of $13K, with expenses exceeding revenue.
- Debt-to-asset ratio: 45.4%.
Frequently Asked Questions about Chesapeake Construction Education And Apprenticeship Trust Fund
Is Chesapeake Construction Education And Apprenticeship Trust Fund a legitimate charity?
Based on AI analysis of IRS 990 filings, Chesapeake Construction Education And Apprenticeship Trust Fund (EIN: 270881582) insufficient data. 0 red flags identified, 0 strengths noted.
How does Chesapeake Construction Education And Apprenticeship Trust Fund spend its money?
Detailed spending breakdown data is not yet available for Chesapeake Construction Education And Apprenticeship Trust Fund. Check back for updated IRS 990 analysis.
Are donations to Chesapeake Construction Education And Apprenticeship Trust Fund tax-deductible?
Chesapeake Construction Education And Apprenticeship Trust Fund is registered as a tax-exempt nonprofit (EIN: 270881582). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Chesapeake Construction Education And Apprenticeship Trust Fund located?
Chesapeake Construction Education And Apprenticeship Trust Fund is headquartered in Annapolis, Maryland and files with the IRS under EIN 270881582. It is classified under NTEE code B60.
How many years of IRS 990 filings does Chesapeake Construction Education And Apprenticeship Trust Fund have?
Chesapeake Construction Education And Apprenticeship Trust Fund 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 $430K in total revenue.
Filing History
IRS 990 filing history for Chesapeake Construction Education And Apprenticeship Trust Fund showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Chesapeake Construction Education And Apprenticeship Trust Fund's revenue has grown by 179.2%, moving from $142K to $396K. Total assets increased by 759.7% over the same period, from $25K to $219K. Total functional expenses rose by 202.9%, from $135K to $409K. In its most recent filing year (2023), Chesapeake Construction Education And Apprenticeship Trust Fund reported a deficit of $13K, with expenses exceeding revenue. The organization holds $99K in liabilities against $219K in assets (debt-to-asset ratio: 45.4%), resulting in net assets of $119K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $396K | $409K | $219K | $99K | — | — |
| 2022 | $390K | $390K | $174K | $42K | — | View 990 |
| 2021 | $367K | $378K | $142K | $8K | — | View 990 |
| 2020 | $305K | $358K | $191K | $47K | — | View 990 |
| 2019 | $333K | $341K | $220K | $23K | — | View 990 |
| 2018 | $350K | $327K | $211K | $7K | — | View 990 |
| 2017 | $323K | $292K | $254K | $73K | — | View 990 |
| 2016 | $320K | $220K | $181K | $31K | — | View 990 |
| 2015 | $261K | $200K | $79K | $29K | — | View 990 |
| 2014 | $141K | $147K | $24K | $34K | — | View 990 |
| 2013 | $135K | $137K | $48K | $53K | — | View 990 |
| 2012 | $120K | $118K | $15K | $17K | — | View 990 |
| 2011 | $142K | $135K | $25K | $30K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $396K, expenses of $409K, and assets of $219K (revenue +1.6% year-over-year).
- 2022: Revenue of $390K, expenses of $390K, and assets of $174K (revenue +6.0% year-over-year).
- 2021: Revenue of $367K, expenses of $378K, and assets of $142K (revenue +20.4% year-over-year).
- 2020: Revenue of $305K, expenses of $358K, and assets of $191K (revenue -8.5% year-over-year).
- 2019: Revenue of $333K, expenses of $341K, and assets of $220K (revenue -4.7% year-over-year).
- 2018: Revenue of $350K, expenses of $327K, and assets of $211K (revenue +8.5% year-over-year).
- 2017: Revenue of $323K, expenses of $292K, and assets of $254K (revenue +0.8% year-over-year).
- 2016: Revenue of $320K, expenses of $220K, and assets of $181K (revenue +22.5% year-over-year).
- 2015: Revenue of $261K, expenses of $200K, and assets of $79K (revenue +84.8% year-over-year).
- 2014: Revenue of $141K, expenses of $147K, and assets of $24K (revenue +5.0% year-over-year).
- 2013: Revenue of $135K, expenses of $137K, and assets of $48K (revenue +12.3% year-over-year).
- 2012: Revenue of $120K, expenses of $118K, and assets of $15K (revenue -15.5% year-over-year).
- 2011: Revenue of $142K, expenses of $135K, and assets of $25K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Chesapeake Construction Education And Apprenticeship Trust Fund:
Data Sources and Methodology
This transparency report for Chesapeake Construction Education And Apprenticeship Trust Fund 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.