Springfield Electrical Jatc Tr
EIN: 43173264 · Springfield, MA · NTEE: J220
| Metric | Value |
|---|---|
| Total Revenue | $754K |
| Total Expenses | $728K |
| Net Assets | $1.1M |
Is Springfield Electrical Jatc Tr Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Springfield Electrical Jatc Tr
Springfield Electrical Jatc Tr (EIN: 43173264) is a nonprofit organization based in Springfield, MA, classified under NTEE code J220. The organization reported total revenue of $754K and total assets of $1.1M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Springfield Electrical Jatc Tr's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Springfield Electrical Jatc Tr is a small nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.4%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $695K |
| Total Expenses | $728K |
| Surplus / Deficit | $-32,819 |
| Total Assets | $1.1M |
| Total Liabilities | $13K |
| Net Assets | $1.1M |
| Operating Margin | -4.7% |
| Debt-to-Asset Ratio | 1.2% |
| Months of Reserves | 18.1 months |
Financial Health Grade: B
In 2023, Springfield Electrical Jatc Tr reported a deficit of $33K with expenses exceeding revenue, holds 18.1 months of operating reserves (strong position), has a debt-to-asset ratio of 1.2% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Springfield Electrical Jatc Tr's revenue has grown at a compound annual growth rate (CAGR) of 4.4%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +11.2% | -4.4% | -1.9% |
| 2022 | +4.1% | +49.9% | -11.1% |
| 2021 | +13.0% | +26.5% | +4.0% |
| 2020 | +22.7% | -6.1% | +16.9% |
| 2019 | -45.2% | +3.8% | +0.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 2000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Springfield Electrical Jatc Tr 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 Springfield Electrical Jatc Tr 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 deficit of $33K, with expenses exceeding revenue.
- Debt-to-asset ratio: 1.2%.
Frequently Asked Questions about Springfield Electrical Jatc Tr
Is Springfield Electrical Jatc Tr a legitimate charity?
Springfield Electrical Jatc Tr (EIN: 43173264) is a registered tax-exempt nonprofit based in Massachusetts. It has 13 years of IRS 990 filings on record. Total revenue: $754K. No red flags identified. Financial health grade: B.
How does Springfield Electrical Jatc Tr spend its money?
Springfield Electrical Jatc Tr reported $754K in total revenue in IRS 990 filings. 13 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Springfield Electrical Jatc Tr tax-deductible?
Springfield Electrical Jatc Tr is registered as a tax-exempt nonprofit (EIN: 43173264). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Springfield Electrical Jatc Tr located?
Springfield Electrical Jatc Tr is headquartered in Springfield, Massachusetts and files with the IRS under EIN 43173264. It is classified under NTEE code J220.
How many years of IRS 990 filings does Springfield Electrical Jatc Tr have?
Springfield Electrical Jatc Tr 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 $754K in total revenue.
Filing History
IRS 990 filing history for Springfield Electrical Jatc Tr showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Springfield Electrical Jatc Tr's revenue has grown by 67%, moving from $416K to $695K. Total assets increased by 345.7% over the same period, from $246K to $1.1M. Total functional expenses rose by 142.8%, from $300K to $728K. In its most recent filing year (2023), Springfield Electrical Jatc Tr reported a deficit of $33K, with expenses exceeding revenue. The organization holds $13K in liabilities against $1.1M in assets (debt-to-asset ratio: 1.2%), resulting in net assets of $1.1M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $695K | $728K | $1.1M | $13K | — | — |
| 2022 | $625K | $762K | $1.1M | $1K | — | View 990 |
| 2021 | $600K | $508K | $1.3M | $5K | — | View 990 |
| 2020 | $531K | $402K | $1.2M | $49K | — | View 990 |
| 2019 | $433K | $428K | $1.0M | $4K | — | View 990 |
| 2018 | $791K | $412K | $1.0M | $8K | — | View 990 |
| 2017 | $692K | $412K | $649K | $1K | — | View 990 |
| 2016 | $376K | $391K | $370K | $2K | — | View 990 |
| 2015 | $393K | $398K | $388K | $4K | — | View 990 |
| 2014 | $417K | $390K | $393K | $4K | — | View 990 |
| 2013 | $421K | $398K | $364K | $2K | — | View 990 |
| 2012 | $402K | $308K | $341K | $2K | — | View 990 |
| 2011 | $416K | $300K | $246K | $1K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $695K, expenses of $728K, and assets of $1.1M (revenue +11.2% year-over-year).
- 2022: Revenue of $625K, expenses of $762K, and assets of $1.1M (revenue +4.1% year-over-year).
- 2021: Revenue of $600K, expenses of $508K, and assets of $1.3M (revenue +13.0% year-over-year).
- 2020: Revenue of $531K, expenses of $402K, and assets of $1.2M (revenue +22.7% year-over-year).
- 2019: Revenue of $433K, expenses of $428K, and assets of $1.0M (revenue -45.2% year-over-year).
- 2018: Revenue of $791K, expenses of $412K, and assets of $1.0M (revenue +14.4% year-over-year).
- 2017: Revenue of $692K, expenses of $412K, and assets of $649K (revenue +84.0% year-over-year).
- 2016: Revenue of $376K, expenses of $391K, and assets of $370K (revenue -4.4% year-over-year).
- 2015: Revenue of $393K, expenses of $398K, and assets of $388K (revenue -5.8% year-over-year).
- 2014: Revenue of $417K, expenses of $390K, and assets of $393K (revenue -0.8% year-over-year).
- 2013: Revenue of $421K, expenses of $398K, and assets of $364K (revenue +4.6% year-over-year).
- 2012: Revenue of $402K, expenses of $308K, and assets of $341K (revenue -3.4% year-over-year).
- 2011: Revenue of $416K, expenses of $300K, and assets of $246K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Springfield Electrical Jatc Tr:
Data Sources and Methodology
This transparency report for Springfield Electrical Jatc Tr 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.