Hartford Electricians Joint Apprenticeship & Training Comm
EIN: 60854364 · Hartford, CT
| Metric | Value |
|---|---|
| Total Revenue | $1.2M |
| Total Expenses | $472K |
| Net Assets | $424K |
Is Hartford Electricians Joint Apprenticeship & Training Comm Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Hartford Electricians Joint Apprenticeship & Training Comm
Hartford Electricians Joint Apprenticeship & Training Comm (EIN: 60854364) is a nonprofit organization based in Hartford, CT. The organization reported total revenue of $1.2M and total assets of $1.0M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Hartford Electricians Joint Apprenticeship & Training Comm's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Hartford Electricians Joint Apprenticeship & Training Comm is a mid-size nonprofit that has been operating for 57 years, with 13 years of IRS 990 filings on record (2012–2024). Revenue has grown at a compound annual rate of 9.1%.
Key Financial Metrics (2024)
From the most recent IRS 990 filing on record:
| Total Revenue | $522K |
| Total Expenses | $472K |
| Surplus / Deficit | +$50K |
| Total Assets | $474K |
| Total Liabilities | $50K |
| Net Assets | $424K |
| Operating Margin | 9.6% |
| Debt-to-Asset Ratio | 10.6% |
| Months of Reserves | 12.1 months |
Financial Health Grade: A
In 2024, Hartford Electricians Joint Apprenticeship & Training Comm reported a surplus of $50K with revenue exceeding expenses, holds 12.1 months of operating reserves (strong position), has a debt-to-asset ratio of 10.6% (very low leverage).
Financial Trends
Over 13 years of filings (2012–2024), Hartford Electricians Joint Apprenticeship & Training Comm's revenue has grown at a compound annual growth rate (CAGR) of 9.1%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2024 | +57.6% | +0.5% | +33.5% |
| 2023 | -17.1% | +17.3% | -28.5% |
| 2022 | +26.9% | +9.3% | -4.3% |
| 2021 | -18.5% | -2.5% | -0.8% |
| 2020 | +13.6% | -7.7% | +3.9% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1969 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Hartford Electricians Joint Apprenticeship & Training Comm 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 Hartford Electricians Joint Apprenticeship & Training Comm 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 (2024)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $50K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.6%.
Frequently Asked Questions about Hartford Electricians Joint Apprenticeship & Training Comm
Is Hartford Electricians Joint Apprenticeship & Training Comm a legitimate charity?
Hartford Electricians Joint Apprenticeship & Training Comm (EIN: 60854364) is a registered tax-exempt nonprofit based in Connecticut. It has 13 years of IRS 990 filings on record. Total revenue: $1.2M. No red flags identified. Financial health grade: A.
How does Hartford Electricians Joint Apprenticeship & Training Comm spend its money?
Hartford Electricians Joint Apprenticeship & Training Comm reported $1.2M 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 Hartford Electricians Joint Apprenticeship & Training Comm tax-deductible?
Hartford Electricians Joint Apprenticeship & Training Comm is registered as a tax-exempt nonprofit (EIN: 60854364). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Hartford Electricians Joint Apprenticeship & Training Comm located?
Hartford Electricians Joint Apprenticeship & Training Comm is headquartered in Hartford, Connecticut and files with the IRS under EIN 60854364.
How many years of IRS 990 filings does Hartford Electricians Joint Apprenticeship & Training Comm have?
Hartford Electricians Joint Apprenticeship & Training Comm 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 $1.2M in total revenue.
Filing History
IRS 990 filing history for Hartford Electricians Joint Apprenticeship & Training Comm showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2012–2024), Hartford Electricians Joint Apprenticeship & Training Comm's revenue has grown by 185.6%, moving from $183K to $522K. Total assets increased by 201.7% over the same period, from $157K to $474K. Total functional expenses rose by 68.1%, from $280K to $472K. In its most recent filing year (2024), Hartford Electricians Joint Apprenticeship & Training Comm reported a surplus of $50K, with revenue exceeding expenses. The organization holds $50K in liabilities against $474K in assets (debt-to-asset ratio: 10.6%), resulting in net assets of $424K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2024 | $522K | $472K | $474K | $50K | — | — |
| 2023 | $331K | $469K | $355K | $5K | — | View 990 |
| 2022 | $400K | $400K | $496K | $4K | — | View 990 |
| 2021 | $315K | $366K | $518K | $4K | — | — |
| 2020 | $386K | $376K | $523K | $3K | — | View 990 |
| 2019 | $340K | $407K | $503K | $6K | — | View 990 |
| 2018 | $405K | $393K | $568K | $6K | — | — |
| 2017 | $475K | $344K | $552K | $4K | — | View 990 |
| 2016 | $432K | $325K | $417K | $4K | — | View 990 |
| 2015 | $359K | $332K | $314K | $5K | — | View 990 |
| 2014 | $401K | $292K | $293K | $7K | — | View 990 |
| 2013 | $280K | $252K | $193K | $14K | — | View 990 |
| 2012 | $183K | $280K | $157K | $9K | — | View 990 |
Year-by-Year Financial Summary
- 2024: Revenue of $522K, expenses of $472K, and assets of $474K (revenue +57.6% year-over-year).
- 2023: Revenue of $331K, expenses of $469K, and assets of $355K (revenue -17.1% year-over-year).
- 2022: Revenue of $400K, expenses of $400K, and assets of $496K (revenue +26.9% year-over-year).
- 2021: Revenue of $315K, expenses of $366K, and assets of $518K (revenue -18.5% year-over-year).
- 2020: Revenue of $386K, expenses of $376K, and assets of $523K (revenue +13.6% year-over-year).
- 2019: Revenue of $340K, expenses of $407K, and assets of $503K (revenue -16.1% year-over-year).
- 2018: Revenue of $405K, expenses of $393K, and assets of $568K (revenue -14.8% year-over-year).
- 2017: Revenue of $475K, expenses of $344K, and assets of $552K (revenue +9.9% year-over-year).
- 2016: Revenue of $432K, expenses of $325K, and assets of $417K (revenue +20.6% year-over-year).
- 2015: Revenue of $359K, expenses of $332K, and assets of $314K (revenue -10.6% year-over-year).
- 2014: Revenue of $401K, expenses of $292K, and assets of $293K (revenue +43.1% year-over-year).
- 2013: Revenue of $280K, expenses of $252K, and assets of $193K (revenue +53.4% year-over-year).
- 2012: Revenue of $183K, expenses of $280K, and assets of $157K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Hartford Electricians Joint Apprenticeship & Training Comm:
Data Sources and Methodology
This transparency report for Hartford Electricians Joint Apprenticeship & Training Comm 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.