Northeastern Line Constructors Chapter National Electrical Contra

Is Northeastern Line Constructors Chapter National Electrical Contra Legit?

Significant Concerns

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Northeastern Line Constructors Chapter National Electrical Contra directs 10% of its spending to programs. This falls below the 65% benchmark. Donors may want to investigate further.

About Northeastern Line Constructors Chapter National Electrical Contra

Northeastern Line Constructors Chapter National Electrical Contra (EIN: 221656762) is a nonprofit organization based in Scarsdale, NY. The organization reported total revenue of $15.9M and total assets of $66.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Northeastern Line Constructors Chapter National Electrical Contra's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

Northeastern Line Constructors Chapter National Electrical Contra is a large 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 10.5%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Financial Health Grade: A

In 2023, Northeastern Line Constructors Chapter National Electrical Contra reported a surplus of $8.7M with revenue exceeding expenses, holds 119.7 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 13 years of filings (2011–2023), Northeastern Line Constructors Chapter National Electrical Contra's revenue has grown at a compound annual growth rate (CAGR) of 10.5%.

IRS Tax-Exempt Classification

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 Northeastern Line Constructors Chapter National Electrical Contra with a Mission Score of 45 out of 100 (Fair). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

• admin: 50%
• programs: 10%
• fundraising: 40%

According to IRS 990 filings, Northeastern Line Constructors Chapter National Electrical Contra allocates its expenses as follows: admin: 50%, programs: 10%, fundraising: 40%. Only 10% is directed toward programs, which may warrant further investigation by donors.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

• The organization reported a surplus of $8.7M, with revenue exceeding expenses.
• Debt-to-asset ratio: 0.0%.

Executive Compensation Analysis

Executive compensation cannot be assessed as no specific compensation figures are provided in the available data.

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 Northeastern Line Constructors Chapter National Electrical Contra's IRS 990 filings:

• A significant portion of expenses appears to be allocated to administrative and fundraising activities rather than direct program spending, with only 10% for programs in 2023.
• The provided data lacks specific details on the nature of 'programs' and how they directly benefit the stated mission.

Strengths

The following positive indicators were identified for Northeastern Line Constructors Chapter National Electrical Contra:

• The organization demonstrates consistent revenue growth, increasing from $5,129,137 in 2016 to $14,655,009 in 2023.
• Total assets have shown substantial growth, from $24,270,556 in 2016 to $59,538,558 in 2023, indicating strong financial health.
• The organization consistently reports a 0% lobbying percentage, suggesting a focus away from direct political influence.

Frequently Asked Questions about Northeastern Line Constructors Chapter National Electrical Contra

Filing History

IRS 990 filing history for Northeastern Line Constructors Chapter National Electrical Contra showing financial trends over 13 years of public records:

Over 13 years of IRS 990 filings (2011–2023), Northeastern Line Constructors Chapter National Electrical Contra's revenue has grown by 230.4%, moving from $4.4M to $14.7M. Total assets increased by 323% over the same period, from $14.1M to $59.5M. Total functional expenses rose by 397.6%, from $1.2M to $6.0M. In its most recent filing year (2023), Northeastern Line Constructors Chapter National Electrical Contra reported a surplus of $8.7M, with revenue exceeding expenses. The organization holds $5K in liabilities against $59.5M in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $59.5M.

Year-by-Year Financial Summary

• 2023: Revenue of $14.7M, expenses of $6.0M, and assets of $59.5M (revenue +25.5% year-over-year).
• 2022: Revenue of $11.7M, expenses of $6.1M, and assets of $49.9M (revenue -2.0% year-over-year).
• 2021: Revenue of $11.9M, expenses of $4.4M, and assets of $46.9M (revenue +6.8% year-over-year).
• 2020: Revenue of $11.2M, expenses of $4.6M, and assets of $39.4M (revenue +22.3% year-over-year).
• 2019: Revenue of $9.1M, expenses of $5.6M, and assets of $32.4M (revenue +2.4% year-over-year).
• 2018: Revenue of $8.9M, expenses of $8.1M, and assets of $28.0M (revenue +33.7% year-over-year).
• 2017: Revenue of $6.7M, expenses of $3.5M, and assets of $27.8M (revenue +29.9% year-over-year).
• 2016: Revenue of $5.1M, expenses of $4.8M, and assets of $24.3M (revenue +8.2% year-over-year).
• 2015: Revenue of $4.7M, expenses of $3.7M, and assets of $23.8M (revenue -1.3% year-over-year).
• 2014: Revenue of $4.8M, expenses of $1.9M, and assets of $23.1M (revenue -18.4% year-over-year).
• 2013: Revenue of $5.9M, expenses of $2.7M, and assets of $20.1M (revenue +26.0% year-over-year).
• 2012: Revenue of $4.7M, expenses of $1.8M, and assets of $17.0M (revenue +5.3% year-over-year).
• 2011: Revenue of $4.4M, expenses of $1.2M, and assets of $14.1M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Northeastern Line Constructors Chapter National Electrical Contra:

Data Sources and Methodology

This transparency report for Northeastern Line Constructors Chapter National Electrical Contra 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.