International Brotherhood Of Electrical Workers
International Brotherhood Of Electrical Workers shows consistent revenue growth and asset accumulation, with a notable increase in liabilities in 2023.
EIN: 113831524 · Fort Worth, TX · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.3M |
| Total Expenses | $1.0M |
| Program Spending | 80% |
| Net Assets | $632K |
| 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 80% 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: 113831524) is a nonprofit organization based in Fort Worth, TX. The organization reported total revenue of $1.3M and total assets of $605K 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 mid-size nonprofit that has been operating for 86 years, with 9 years of IRS 990 filings on record (2012–2023). 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 | $1.2M |
| Total Expenses | $1.0M |
| Surplus / Deficit | +$126K |
| Total Assets | $634K |
| Total Liabilities | $2K |
| Net Assets | $632K |
| Operating Margin | 10.9% |
| Debt-to-Asset Ratio | 0.2% |
| Months of Reserves | 7.4 months |
Financial Health Grade: A
In 2023, International Brotherhood Of Electrical Workers reported a surplus of $126K with revenue exceeding expenses, holds 7.4 months of operating reserves (strong position), has a debt-to-asset ratio of 0.2% (very low leverage).
Financial Trends
Over 9 years of filings (2012–2023), International Brotherhood Of Electrical Workers's revenue has grown at a compound annual growth rate (CAGR) of 3.0%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +21.3% | +3.6% | +25.1% |
| 2022 | +17.0% | +35.4% | -8.0% |
| 2021 | -5.6% | -1.0% | +17.4% |
| 2020 | -2.0% | +6.1% | +34.2% |
| 2019 | +24.5% | -6.1% | +108.5% |
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: 15%
- programs: 80%
- fundraising: 5%
According to IRS 990 filings, International Brotherhood Of Electrical Workers allocates its expenses as follows: admin: 15%, programs: 80%, fundraising: 5%. With 80% 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 $126K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.2%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating either a volunteer leadership structure or compensation through non-officer roles, which is a positive sign for resource allocation.
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:
- Sudden and significant increase in liabilities to $1,584,000 in 2023 without explanation.
- Lack of detailed expense breakdown (program, admin, fundraising) in the provided data.
- Unknown NTEE code, hindering classification and comparative analysis.
Strengths
The following positive indicators were identified for International Brotherhood Of Electrical Workers:
- Consistent revenue generation, with revenue often exceeding expenses (e.g., $1,158,343 revenue vs. $1,032,632 expenses in 2023).
- Steady growth in assets over time, from $349,604 in 2019 to $633,795 in 2023.
- Zero reported officer compensation across all filings, suggesting efficient use of funds or volunteer leadership.
Frequently Asked Questions about International Brotherhood Of Electrical Workers
Is International Brotherhood Of Electrical Workers a legitimate charity?
International Brotherhood Of Electrical Workers (EIN: 113831524) is a registered tax-exempt nonprofit based in Texas. Our AI analysis gives it a Mission Score of 75/100. It has 9 years of IRS 990 filings on record. Total revenue: $1.3M. 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 80% 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: 113831524). 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 80% 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 Fort Worth, Texas and files with the IRS under EIN 113831524.
How many years of IRS 990 filings does International Brotherhood Of Electrical Workers have?
International Brotherhood Of Electrical Workers has 9 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 $1.3M in total revenue.
What caused the significant increase in liabilities to $1,584,000 in 2023?
The provided data does not specify the nature of this liability increase, but it is a critical financial event that would require further investigation into the organization's 990 Schedule D or financial statements.
How does the organization allocate its expenses between program services, administrative costs, and fundraising?
The provided data only gives total expenses. A detailed breakdown is necessary to fully assess spending efficiency and program focus.
What is the specific mission and NTEE code for this organization?
The NTEE code is listed as 'Unknown' in the provided data, and the mission is not explicitly stated, which limits the ability to fully evaluate its programmatic impact.
Filing History
IRS 990 filing history for International Brotherhood Of Electrical Workers showing financial trends over 9 years of public records:
Over 9 years of IRS 990 filings (2012–2023), International Brotherhood Of Electrical Workers's revenue has grown by 38.9%, moving from $834K to $1.2M. Total assets increased by 67.2% over the same period, from $379K to $634K. Total functional expenses rose by 38.7%, from $744K to $1.0M. In its most recent filing year (2023), International Brotherhood Of Electrical Workers reported a surplus of $126K, with revenue exceeding expenses. The organization holds $2K in liabilities against $634K in assets (debt-to-asset ratio: 0.2%), resulting in net assets of $632K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.2M | $1.0M | $634K | $2K | — | — |
| 2022 | $955K | $997K | $507K | $0 | — | View 990 |
| 2021 | $816K | $736K | $551K | $2K | — | View 990 |
| 2020 | $865K | $743K | $469K | $493 | — | View 990 |
| 2019 | $883K | $701K | $350K | $2K | — | — |
| 2018 | $709K | $747K | $168K | $2K | — | View 990 |
| 2017 | $767K | $776K | $205K | $2K | — | View 990 |
| 2016 | $583K | $607K | $222K | $6K | — | View 990 |
| 2012 | $834K | $744K | $379K | $11K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.2M, expenses of $1.0M, and assets of $634K (revenue +21.3% year-over-year).
- 2022: Revenue of $955K, expenses of $997K, and assets of $507K (revenue +17.0% year-over-year).
- 2021: Revenue of $816K, expenses of $736K, and assets of $551K (revenue -5.6% year-over-year).
- 2020: Revenue of $865K, expenses of $743K, and assets of $469K (revenue -2.0% year-over-year).
- 2019: Revenue of $883K, expenses of $701K, and assets of $350K (revenue +24.5% year-over-year).
- 2018: Revenue of $709K, expenses of $747K, and assets of $168K (revenue -7.6% year-over-year).
- 2017: Revenue of $767K, expenses of $776K, and assets of $205K (revenue +31.7% year-over-year).
- 2016: Revenue of $583K, expenses of $607K, and assets of $222K (revenue -30.1% year-over-year).
- 2012: Revenue of $834K, expenses of $744K, and assets of $379K.
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.