K & W Electric Inc Voluntary Employee Benefit Trust
EIN: 421396835 · Cedar Falls, IA
| Metric | Value |
|---|---|
| Total Revenue | $456K |
| Total Expenses | $419K |
| Net Assets | $216K |
Is K & W Electric Inc Voluntary Employee Benefit Trust Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About K & W Electric Inc Voluntary Employee Benefit Trust
K & W Electric Inc Voluntary Employee Benefit Trust (EIN: 421396835) is a nonprofit organization based in Cedar Falls, IA. The organization reported total revenue of $456K and total assets of $230K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of K & W Electric Inc Voluntary Employee Benefit Trust's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
K & W Electric Inc Voluntary Employee Benefit Trust is a small nonprofit that has been operating for 31 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 11.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $461K |
| Total Expenses | $419K |
| Surplus / Deficit | +$42K |
| Total Assets | $216K |
| Net Assets | $216K |
| Operating Margin | 9.2% |
| Months of Reserves | 6.2 months |
Financial Health Grade: A
In 2023, K & W Electric Inc Voluntary Employee Benefit Trust reported a surplus of $42K with revenue exceeding expenses, holds 6.2 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), K & W Electric Inc Voluntary Employee Benefit Trust's revenue has grown at a compound annual growth rate (CAGR) of 11.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | -22.2% | -5.5% | +24.3% |
| 2022 | +50.9% | +1.1% | +604.8% |
| 2021 | +6.8% | +33.8% | -64.9% |
| 2020 | -10.8% | +58.3% | +132.3% |
| 2019 | -2.5% | -14.0% | -2.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1995 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for K & W Electric Inc Voluntary Employee Benefit Trust 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 K & W Electric Inc Voluntary Employee Benefit Trust 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 $42K, with revenue exceeding expenses.
Frequently Asked Questions about K & W Electric Inc Voluntary Employee Benefit Trust
Is K & W Electric Inc Voluntary Employee Benefit Trust a legitimate charity?
K & W Electric Inc Voluntary Employee Benefit Trust (EIN: 421396835) is a registered tax-exempt nonprofit based in Iowa. It has 13 years of IRS 990 filings on record. Total revenue: $456K. No red flags identified. Financial health grade: A.
How does K & W Electric Inc Voluntary Employee Benefit Trust spend its money?
K & W Electric Inc Voluntary Employee Benefit Trust reported $456K 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 K & W Electric Inc Voluntary Employee Benefit Trust tax-deductible?
K & W Electric Inc Voluntary Employee Benefit Trust is registered as a tax-exempt nonprofit (EIN: 421396835). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is K & W Electric Inc Voluntary Employee Benefit Trust located?
K & W Electric Inc Voluntary Employee Benefit Trust is headquartered in Cedar Falls, Iowa and files with the IRS under EIN 421396835.
How many years of IRS 990 filings does K & W Electric Inc Voluntary Employee Benefit Trust have?
K & W Electric Inc Voluntary Employee Benefit Trust 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 $456K in total revenue.
Filing History
IRS 990 filing history for K & W Electric Inc Voluntary Employee Benefit Trust showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), K & W Electric Inc Voluntary Employee Benefit Trust's revenue has grown by 274.3%, moving from $123K to $461K. Total assets increased by 9263.7% over the same period, from $2K to $216K. Total functional expenses rose by 240.3%, from $123K to $419K. In its most recent filing year (2023), K & W Electric Inc Voluntary Employee Benefit Trust reported a surplus of $42K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $461K | $419K | $216K | $0 | — | View 990 |
| 2022 | $593K | $443K | $174K | $0 | — | View 990 |
| 2021 | $393K | $438K | $25K | $0 | — | — |
| 2020 | $368K | $328K | $70K | $0 | — | View 990 |
| 2019 | $412K | $207K | $30K | $0 | — | View 990 |
| 2018 | $423K | $241K | $31K | $0 | — | View 990 |
| 2017 | $283K | $249K | $60K | $0 | — | View 990 |
| 2016 | $321K | $322K | $26K | $0 | — | View 990 |
| 2015 | $199K | $176K | $28K | $0 | — | View 990 |
| 2014 | $152K | $159K | $5K | $0 | — | View 990 |
| 2013 | $142K | $135K | $12K | $0 | — | View 990 |
| 2012 | $119K | $115K | $6K | $0 | — | View 990 |
| 2011 | $123K | $123K | $2K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $461K, expenses of $419K, and assets of $216K (revenue -22.2% year-over-year).
- 2022: Revenue of $593K, expenses of $443K, and assets of $174K (revenue +50.9% year-over-year).
- 2021: Revenue of $393K, expenses of $438K, and assets of $25K (revenue +6.8% year-over-year).
- 2020: Revenue of $368K, expenses of $328K, and assets of $70K (revenue -10.8% year-over-year).
- 2019: Revenue of $412K, expenses of $207K, and assets of $30K (revenue -2.5% year-over-year).
- 2018: Revenue of $423K, expenses of $241K, and assets of $31K (revenue +49.4% year-over-year).
- 2017: Revenue of $283K, expenses of $249K, and assets of $60K (revenue -11.9% year-over-year).
- 2016: Revenue of $321K, expenses of $322K, and assets of $26K (revenue +61.5% year-over-year).
- 2015: Revenue of $199K, expenses of $176K, and assets of $28K (revenue +31.2% year-over-year).
- 2014: Revenue of $152K, expenses of $159K, and assets of $5K (revenue +7.1% year-over-year).
- 2013: Revenue of $142K, expenses of $135K, and assets of $12K (revenue +19.3% year-over-year).
- 2012: Revenue of $119K, expenses of $115K, and assets of $6K (revenue -3.8% year-over-year).
- 2011: Revenue of $123K, expenses of $123K, and assets of $2K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for K & W Electric Inc Voluntary Employee Benefit Trust:
Data Sources and Methodology
This transparency report for K & W Electric Inc Voluntary Employee Benefit Trust 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.