Educational And Cultural Trust Fund Of The Electrical Industry

Educational And Cultural Trust Fund maintains stable finances with no reported officer compensation.

EIN: 116035960 · Flushing, NY · Updated: 2026-03-28

$100.9MRevenue

$85.8MAssets

85/100Mission Score (Excellent)

About Educational And Cultural Trust Fund Of The Electrical Industry

Educational And Cultural Trust Fund Of The Electrical Industry (EIN: 116035960) is a nonprofit organization based in Flushing, NY. The organization reported total revenue of $100.9M and total assets of $85.8M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Educational And Cultural Trust Fund Of The Electrical Industry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

AI Transparency Report

The Educational And Cultural Trust Fund Of The Electrical Industry demonstrates consistent financial stability with substantial assets and a history of managing expenses below revenue. In the latest filing (202309), the organization reported revenues of $22,944,112 against expenses of $22,825,700, indicating a balanced operational year. The organization consistently maintains a healthy asset base, with assets of $80,608,199 in 202309, significantly exceeding its liabilities of $14,790,807. This strong financial position suggests good stewardship of resources.

Regarding spending efficiency, the absence of reported officer compensation across all available filings is a notable positive indicator of efficient resource allocation, as it suggests that a greater proportion of funds can be directed towards programmatic activities. While specific program spending ratios are not detailed in the provided data, the overall expense management appears prudent. The organization's consistent revenue generation, averaging around $25 million annually over the past decade, supports its long-term sustainability.

From a transparency perspective, the consistent filing of IRS Form 990s over 13 periods is a strong indicator of compliance and public accountability. The lack of reported officer compensation also contributes to a perception of transparency and a focus on mission over executive enrichment. However, without a detailed breakdown of program, administrative, and fundraising expenses, a complete assessment of spending efficiency and program impact is limited.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Educational And Cultural Trust Fund Of The Electrical Industry with a Mission Score of 85 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: 10%
programs: 85%
fundraising: 5%

According to IRS 990 filings, Educational And Cultural Trust Fund Of The Electrical Industry allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Executive Compensation Analysis

A significant strength is the consistent reporting of 0% officer compensation across all available filings, indicating that no funds are allocated to executive salaries, which is highly unusual and suggests a strong commitment to directing resources towards the organization's mission.

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.

Red Flags

The following concerns were identified during AI analysis of Educational And Cultural Trust Fund Of The Electrical Industry's IRS 990 filings:

NTEE Code is unknown, which limits understanding of its specific programmatic focus.

Strengths

The following positive indicators were identified for Educational And Cultural Trust Fund Of The Electrical Industry:

Consistent reporting of 0% officer compensation across all filings.
Strong financial stability with assets significantly exceeding liabilities (e.g., $80,608,199 assets vs. $14,790,807 liabilities in 202309).
Prudent expense management, with expenses consistently below or very close to revenue.
Long history of consistent IRS 990 filings, indicating good transparency and compliance.
Healthy revenue generation, averaging around $25 million annually over the past decade.

Frequently Asked Questions about Educational And Cultural Trust Fund Of The Electrical Industry

Is the Educational And Cultural Trust Fund Of The Electrical Industry financially stable?

Yes, the organization appears financially stable. It consistently generates substantial revenue (e.g., $22,944,112 in 202309) and maintains a healthy asset base ($80,608,199 in 202309) that significantly exceeds its liabilities ($14,790,807 in 202309).

How does the organization manage executive compensation?

The organization reports 0% officer compensation across all 13 available IRS 990 filings, indicating that no funds are used for executive salaries.

What is the trend in the organization's assets?

The organization's assets have shown consistent growth and stability, ranging from $70,097,399 in 201409 to $80,608,199 in 202309, demonstrating effective asset management.

Are the organization's expenses well-managed relative to its revenue?

Yes, expenses are consistently managed below or very close to revenue. For example, in 202309, expenses were $22,825,700 against revenues of $22,944,112, indicating prudent financial management.

Filing History

IRS 990 filing history for Educational And Cultural Trust Fund Of The Electrical Industry showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Educational And Cultural Trust Fund Of The Electrical Industry's revenue has grown by 88.9%, moving from $12.1M to $22.9M. Total assets decreased by 15.6% over the same period, from $95.6M to $80.6M. Total functional expenses rose by 50.1%, from $15.2M to $22.8M. In its most recent filing year (2023), Educational And Cultural Trust Fund Of The Electrical Industry reported a surplus of $118K, with revenue exceeding expenses. The organization holds $14.8M in liabilities against $80.6M in assets (debt-to-asset ratio: 18.3%), resulting in net assets of $65.8M.

Year	Revenue	Expenses	Assets	Liabilities	Officer Comp.	PDF
2023	$22.9M	$22.8M	$80.6M	$14.8M	—	—
2022	$23.2M	$22.0M	$75.8M	$14.9M	—	—
2021	$24.2M	$20.4M	$84.0M	$17.2M	—	View 990
2020	$25.8M	$23.0M	$82.8M	$17.8M	—	—
2019	$28.0M	$23.0M	$79.6M	$17.9M	—	View 990
2018	$26.9M	$22.7M	$75.6M	$18.5M	—	View 990
2017	$26.1M	$21.7M	$72.3M	$18.1M	—	View 990
2016	$26.6M	$19.2M	$74.7M	$22.5M	—	View 990
2015	$25.9M	$18.2M	$71.2M	$9.9M	—	View 990
2014	$24.7M	$18.5M	$70.1M	$11.2M	—	View 990
2013	$17.2M	$18.1M	$76.4M	$11.9M	—	View 990
2012	$12.9M	$16.4M	$99.7M	$20.4M	—	View 990
2011	$12.1M	$15.2M	$95.6M	$6.3M	—	View 990

Year-by-Year Financial Summary

2023: Revenue of $22.9M, expenses of $22.8M, and assets of $80.6M (revenue -1.1% year-over-year).
2022: Revenue of $23.2M, expenses of $22.0M, and assets of $75.8M (revenue -4.1% year-over-year).
2021: Revenue of $24.2M, expenses of $20.4M, and assets of $84.0M (revenue -6.3% year-over-year).
2020: Revenue of $25.8M, expenses of $23.0M, and assets of $82.8M (revenue -7.9% year-over-year).
2019: Revenue of $28.0M, expenses of $23.0M, and assets of $79.6M (revenue +4.1% year-over-year).
2018: Revenue of $26.9M, expenses of $22.7M, and assets of $75.6M (revenue +3.1% year-over-year).
2017: Revenue of $26.1M, expenses of $21.7M, and assets of $72.3M (revenue -1.7% year-over-year).
2016: Revenue of $26.6M, expenses of $19.2M, and assets of $74.7M (revenue +2.6% year-over-year).
2015: Revenue of $25.9M, expenses of $18.2M, and assets of $71.2M (revenue +4.9% year-over-year).
2014: Revenue of $24.7M, expenses of $18.5M, and assets of $70.1M (revenue +43.9% year-over-year).
2013: Revenue of $17.2M, expenses of $18.1M, and assets of $76.4M (revenue +32.6% year-over-year).
2012: Revenue of $12.9M, expenses of $16.4M, and assets of $99.7M (revenue +6.5% year-over-year).
2011: Revenue of $12.1M, expenses of $15.2M, and assets of $95.6M.

Data Sources and Methodology

This transparency report for Educational And Cultural Trust Fund Of 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.