Joint Apprenticeship Committee Tidewater Electrical Industry
EIN: 540618019 · Norfolk, VA
| Metric | Value |
|---|---|
| Total Revenue | $773K |
| Total Expenses | $554K |
| Net Assets | $1.3M |
Is Joint Apprenticeship Committee Tidewater Electrical Industry Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Joint Apprenticeship Committee Tidewater Electrical Industry
Joint Apprenticeship Committee Tidewater Electrical Industry (EIN: 540618019) is a nonprofit organization based in Norfolk, VA. The organization reported total revenue of $773K and total assets of $2.5M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Joint Apprenticeship Committee Tidewater Electrical Industry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Joint Apprenticeship Committee Tidewater Electrical Industry is a small nonprofit that has been operating for 68 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $561K |
| Total Expenses | $554K |
| Surplus / Deficit | +$7K |
| Total Assets | $2.4M |
| Total Liabilities | $1.2M |
| Net Assets | $1.3M |
| Operating Margin | 1.3% |
| Debt-to-Asset Ratio | 47.7% |
| Months of Reserves | 53.1 months |
Financial Health Grade: A
In 2023, Joint Apprenticeship Committee Tidewater Electrical Industry reported a surplus of $7K with revenue exceeding expenses, holds 53.1 months of operating reserves (strong position), has a debt-to-asset ratio of 47.7% (moderate leverage).
Financial Trends
Over 13 years of filings (2011–2023), Joint Apprenticeship Committee Tidewater Electrical Industry's revenue has grown at a compound annual growth rate (CAGR) of 4.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -26.3% | +58.9% | +92.3% |
| 2022 | +9.3% | -2.2% | +40.5% |
| 2021 | +99.7% | -9.5% | +60.2% |
| 2020 | +11.2% | +15.1% | -8.0% |
| 2019 | -11.1% | +4.5% | -4.5% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1958 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Joint Apprenticeship Committee Tidewater Electrical Industry 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 Joint Apprenticeship Committee Tidewater Electrical Industry 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 surplus of $7K, with revenue exceeding expenses.
- Debt-to-asset ratio: 47.7%.
Frequently Asked Questions about Joint Apprenticeship Committee Tidewater Electrical Industry
Is Joint Apprenticeship Committee Tidewater Electrical Industry a legitimate charity?
Joint Apprenticeship Committee Tidewater Electrical Industry (EIN: 540618019) is a registered tax-exempt nonprofit based in Virginia. It has 13 years of IRS 990 filings on record. Total revenue: $773K. No red flags identified. Financial health grade: A.
How does Joint Apprenticeship Committee Tidewater Electrical Industry spend its money?
Joint Apprenticeship Committee Tidewater Electrical Industry reported $773K 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 Joint Apprenticeship Committee Tidewater Electrical Industry tax-deductible?
Joint Apprenticeship Committee Tidewater Electrical Industry is registered as a tax-exempt nonprofit (EIN: 540618019). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Joint Apprenticeship Committee Tidewater Electrical Industry located?
Joint Apprenticeship Committee Tidewater Electrical Industry is headquartered in Norfolk, Virginia and files with the IRS under EIN 540618019.
How many years of IRS 990 filings does Joint Apprenticeship Committee Tidewater Electrical Industry have?
Joint Apprenticeship Committee Tidewater Electrical Industry 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 $773K in total revenue.
Filing History
IRS 990 filing history for Joint Apprenticeship Committee Tidewater Electrical Industry showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Joint Apprenticeship Committee Tidewater Electrical Industry's revenue has grown by 74.7%, moving from $321K to $561K. Total assets increased by 1444.8% over the same period, from $159K to $2.4M. Total functional expenses rose by 135.3%, from $235K to $554K. In its most recent filing year (2023), Joint Apprenticeship Committee Tidewater Electrical Industry reported a surplus of $7K, with revenue exceeding expenses. The organization holds $1.2M in liabilities against $2.4M in assets (debt-to-asset ratio: 47.7%), resulting in net assets of $1.3M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $561K | $554K | $2.4M | $1.2M | — | — |
| 2022 | $762K | $349K | $1.3M | $0 | — | View 990 |
| 2021 | $697K | $356K | $907K | $0 | — | View 990 |
| 2020 | $349K | $394K | $566K | $258 | — | — |
| 2019 | $314K | $342K | $615K | $5K | — | View 990 |
| 2018 | $353K | $328K | $645K | $5K | — | View 990 |
| 2017 | $348K | $388K | $652K | $1K | — | View 990 |
| 2016 | $345K | $298K | $694K | $3K | — | View 990 |
| 2015 | $737K | $338K | $643K | $0 | — | View 990 |
| 2014 | $310K | $302K | $275K | $32K | — | View 990 |
| 2013 | $278K | $245K | $245K | $10K | — | View 990 |
| 2012 | $311K | $239K | $237K | $13K | — | View 990 |
| 2011 | $321K | $235K | $159K | $3K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $561K, expenses of $554K, and assets of $2.4M (revenue -26.3% year-over-year).
- 2022: Revenue of $762K, expenses of $349K, and assets of $1.3M (revenue +9.3% year-over-year).
- 2021: Revenue of $697K, expenses of $356K, and assets of $907K (revenue +99.7% year-over-year).
- 2020: Revenue of $349K, expenses of $394K, and assets of $566K (revenue +11.2% year-over-year).
- 2019: Revenue of $314K, expenses of $342K, and assets of $615K (revenue -11.1% year-over-year).
- 2018: Revenue of $353K, expenses of $328K, and assets of $645K (revenue +1.4% year-over-year).
- 2017: Revenue of $348K, expenses of $388K, and assets of $652K (revenue +0.8% year-over-year).
- 2016: Revenue of $345K, expenses of $298K, and assets of $694K (revenue -53.2% year-over-year).
- 2015: Revenue of $737K, expenses of $338K, and assets of $643K (revenue +137.7% year-over-year).
- 2014: Revenue of $310K, expenses of $302K, and assets of $275K (revenue +11.7% year-over-year).
- 2013: Revenue of $278K, expenses of $245K, and assets of $245K (revenue -10.7% year-over-year).
- 2012: Revenue of $311K, expenses of $239K, and assets of $237K (revenue -3.2% year-over-year).
- 2011: Revenue of $321K, expenses of $235K, and assets of $159K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Joint Apprenticeship Committee Tidewater Electrical Industry:
Data Sources and Methodology
This transparency report for Joint Apprenticeship Committee Tidewater 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.