International Brotherhood Of Electrical Workers
IBEW Augusta shows declining revenue and assets over a decade, but maintains low liabilities and zero officer compensation.
EIN: 10288542 · Augusta, ME · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $711K |
| Total Expenses | $748K |
| Program Spending | 85% |
| Net Assets | $277K |
| Transparency Score | 75/100 |
Is International Brotherhood Of Electrical Workers Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
International Brotherhood Of Electrical Workers directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About International Brotherhood Of Electrical Workers
International Brotherhood Of Electrical Workers (EIN: 10288542) is a nonprofit organization based in Augusta, ME. The organization reported total revenue of $711K and total assets of $231K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of International Brotherhood Of Electrical Workers's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
International Brotherhood Of Electrical Workers is a small nonprofit that has been operating for 86 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -3.0%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $765K |
| Total Expenses | $748K |
| Surplus / Deficit | +$17K |
| Total Assets | $310K |
| Total Liabilities | $33K |
| Net Assets | $277K |
| Operating Margin | 2.2% |
| Debt-to-Asset Ratio | 10.6% |
| Months of Reserves | 5.0 months |
Financial Health Grade: A
In 2023, International Brotherhood Of Electrical Workers reported a surplus of $17K with revenue exceeding expenses, holds 5.0 months of operating reserves (adequate), has a debt-to-asset ratio of 10.6% (very low leverage).
Financial Trends
Over 12 years of filings (2011–2023), International Brotherhood Of Electrical Workers's revenue has declined at a compound annual growth rate (CAGR) of -3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -1.6% | -9.8% | +16.6% |
| 2022 | +1.9% | +1.3% | -16.0% |
| 2021 | -5.8% | +0.3% | -14.6% |
| 2020 | -4.5% | -5.6% | -0.9% |
| 2019 | -6.4% | -7.5% | -13.4% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1940 |
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 International Brotherhood Of Electrical Workers with a Mission Score of 75 out of 100 (Good). 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, International Brotherhood Of Electrical Workers 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.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $17K, with revenue exceeding expenses.
- Debt-to-asset ratio: 10.6%.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that officers are not compensated, which is highly unusual for an organization of this size and suggests a strong commitment to minimizing administrative overhead.
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 International Brotherhood Of Electrical Workers's IRS 990 filings:
- Consistent decline in revenue over the past decade (from $1,213,387 in 2014 to $764,979 in 2023).
- Significant decrease in assets over the past decade (from $960,086 in 2014 to $309,714 in 2023).
- Lack of detailed expense breakdown in the provided data, making it difficult to assess program efficiency.
Strengths
The following positive indicators were identified for International Brotherhood Of Electrical Workers:
- Zero officer compensation reported across all filings, indicating high efficiency in leadership costs.
- Consistent filing of IRS Form 990s, demonstrating good transparency practices.
- Relatively low liabilities compared to assets, suggesting sound financial management of debt.
Frequently Asked Questions about International Brotherhood Of Electrical Workers
Is International Brotherhood Of Electrical Workers a legitimate charity?
International Brotherhood Of Electrical Workers (EIN: 10288542) is a registered tax-exempt nonprofit based in Maine. Our AI analysis gives it a Mission Score of 75/100. It has 12 years of IRS 990 filings on record. Total revenue: $711K. 3 red flags identified. 3 strengths noted. Financial health grade: A.
How does International Brotherhood Of Electrical Workers spend its money?
International Brotherhood Of Electrical Workers directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to International Brotherhood Of Electrical Workers tax-deductible?
International Brotherhood Of Electrical Workers is registered as a tax-exempt nonprofit (EIN: 10288542). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of International Brotherhood Of Electrical Workers's spending goes to programs?
International Brotherhood Of Electrical Workers directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
Where is International Brotherhood Of Electrical Workers located?
International Brotherhood Of Electrical Workers is headquartered in Augusta, Maine and files with the IRS under EIN 10288542.
How many years of IRS 990 filings does International Brotherhood Of Electrical Workers have?
International Brotherhood Of Electrical Workers has 12 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 $711K in total revenue.
Why have revenues and assets been consistently declining over the past decade?
From 2014 to 2023, revenue decreased from $1,213,387 to $764,979, and assets dropped from $960,086 to $309,714. Understanding the reasons behind this sustained decline is crucial for assessing long-term viability.
What are the primary program activities and how are funds allocated to them?
The provided data lacks specific details on program expenses, making it difficult to assess the impact and efficiency of their core mission-related activities.
How does the organization sustain operations without officer compensation?
With 0% officer compensation reported consistently, it raises questions about how leadership is supported or if these roles are entirely voluntary, which could impact sustainability and professional management.
Filing History
IRS 990 filing history for International Brotherhood Of Electrical Workers showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), International Brotherhood Of Electrical Workers's revenue has declined by 30.8%, moving from $1.1M to $765K. Total assets decreased by 58.4% over the same period, from $745K to $310K. Total functional expenses fell by 17.4%, from $905K to $748K. In its most recent filing year (2023), International Brotherhood Of Electrical Workers reported a surplus of $17K, with revenue exceeding expenses. The organization holds $33K in liabilities against $310K in assets (debt-to-asset ratio: 10.6%), resulting in net assets of $277K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $765K | $748K | $310K | $33K | — | View 990 |
| 2022 | $778K | $829K | $266K | $6K | — | View 990 |
| 2021 | $763K | $819K | $316K | $5K | — | View 990 |
| 2020 | $810K | $816K | $370K | $3K | — | — |
| 2019 | $848K | $865K | $374K | $168 | — | View 990 |
| 2018 | $906K | $935K | $432K | $41K | — | View 990 |
| 2017 | $937K | $939K | $423K | $3K | — | View 990 |
| 2016 | $1.0M | $1.0M | $423K | $569 | — | View 990 |
| 2015 | $1.1M | $1.7M | $442K | $3K | — | View 990 |
| 2014 | $1.2M | $1.3M | $960K | $2K | — | View 990 |
| 2012 | $1.1M | $976K | $895K | $3K | — | View 990 |
| 2011 | $1.1M | $905K | $745K | $8K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $765K, expenses of $748K, and assets of $310K (revenue -1.6% year-over-year).
- 2022: Revenue of $778K, expenses of $829K, and assets of $266K (revenue +1.9% year-over-year).
- 2021: Revenue of $763K, expenses of $819K, and assets of $316K (revenue -5.8% year-over-year).
- 2020: Revenue of $810K, expenses of $816K, and assets of $370K (revenue -4.5% year-over-year).
- 2019: Revenue of $848K, expenses of $865K, and assets of $374K (revenue -6.4% year-over-year).
- 2018: Revenue of $906K, expenses of $935K, and assets of $432K (revenue -3.3% year-over-year).
- 2017: Revenue of $937K, expenses of $939K, and assets of $423K (revenue -8.9% year-over-year).
- 2016: Revenue of $1.0M, expenses of $1.0M, and assets of $423K (revenue -9.5% year-over-year).
- 2015: Revenue of $1.1M, expenses of $1.7M, and assets of $442K (revenue -6.4% year-over-year).
- 2014: Revenue of $1.2M, expenses of $1.3M, and assets of $960K (revenue +8.7% year-over-year).
- 2012: Revenue of $1.1M, expenses of $976K, and assets of $895K (revenue +0.9% year-over-year).
- 2011: Revenue of $1.1M, expenses of $905K, and assets of $745K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for International Brotherhood Of Electrical Workers:
Data Sources and Methodology
This transparency report for International Brotherhood Of Electrical Workers 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.