Training & Employment Elec Cont Asso

EIN: 731600054 · Tulsa, OK · NTEE: J20

$356Revenue
$7KAssets
0/100Mission Score (Very Poor)
J20
Training & Employment Elec Cont Asso Financial Summary
MetricValue
Total Revenue$356
Total Expenses$1K
Net Assets$7K

Is Training & Employment Elec Cont Asso Legit?

Insufficient Data

GoodFiling Consistency
UnknownSpending Efficiency
LimitedTransparency
NoneRed Flags

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

About Training & Employment Elec Cont Asso

Training & Employment Elec Cont Asso (EIN: 731600054) is a nonprofit organization based in Tulsa, OK, classified under NTEE code J20. The organization reported total revenue of $356 and total assets of $7K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Training & Employment Elec Cont Asso's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

4Years Operating
MicroSize Classification
14Years of Filings
MixedRevenue Trajectory

Training & Employment Elec Cont Asso is a micro nonprofit that has been operating for 4 years, with 14 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 0.0%.

Key Financial Metrics (2023)

From the most recent IRS 990 filing on record:

Total Revenue$1
Total Expenses$1K
Surplus / Deficit$-1,420
Total Assets$7K
Total Liabilities$1
Net Assets$7K
Operating Margin-142000.0%
Debt-to-Asset Ratio0.0%
Months of Reserves60.5 months

Financial Health Grade: B

In 2023, Training & Employment Elec Cont Asso reported a deficit of $1K with expenses exceeding revenue, holds 60.5 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).

Financial Trends

Over 14 years of filings (2010–2023), Training & Employment Elec Cont Asso's revenue has grown at a compound annual growth rate (CAGR) of 0.0%.

YearRevenue ChangeExpense ChangeAsset Change
2023-99.9%-83.2%+438.9%
2022-96.5%+2.2%-91.8%
2021+2453700.0%+1628000.0%
2020+0.0%+0.0%
2019+0.0%+0.0%

IRS Tax-Exempt Classification

IRS Classification Codes1200
IRS Ruling Date2022

Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.

AI Analysis Pending

AI enrichment for Training & Employment Elec Cont Asso 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 Training & Employment Elec Cont Asso 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:

$1Total Revenue
$1KTotal Expenses
$7KTotal Assets
$1Total Liabilities
$7KNet Assets
  • The organization reported a deficit of $1K, with expenses exceeding revenue.
  • Debt-to-asset ratio: 0.0%.

Frequently Asked Questions about Training & Employment Elec Cont Asso

Is Training & Employment Elec Cont Asso a legitimate charity?

Training & Employment Elec Cont Asso (EIN: 731600054) is a registered tax-exempt nonprofit based in Oklahoma. It has 14 years of IRS 990 filings on record. Total revenue: $356. No red flags identified. Financial health grade: B.

How does Training & Employment Elec Cont Asso spend its money?

Training & Employment Elec Cont Asso reported $356 in total revenue in IRS 990 filings. 14 years of filing data available. Expenses exceeded revenue in the most recent year. Review the full spending breakdown on NonprofitSpending.

Are donations to Training & Employment Elec Cont Asso tax-deductible?

Training & Employment Elec Cont Asso is registered as a tax-exempt nonprofit (EIN: 731600054). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

Where is Training & Employment Elec Cont Asso located?

Training & Employment Elec Cont Asso is headquartered in Tulsa, Oklahoma and files with the IRS under EIN 731600054. It is classified under NTEE code J20.

How many years of IRS 990 filings does Training & Employment Elec Cont Asso have?

Training & Employment Elec Cont Asso has 14 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 $356 in total revenue.

Filing History

IRS 990 filing history for Training & Employment Elec Cont Asso showing financial trends over 14 years of public records:

Over 14 years of IRS 990 filings (2010–2023), Training & Employment Elec Cont Asso's revenue has grown by 0%, moving from $1 to $1. Total assets increased by 716700% over the same period, from $1 to $7K. In its most recent filing year (2023), Training & Employment Elec Cont Asso reported a deficit of $1K, with expenses exceeding revenue. The organization holds $1 in liabilities against $7K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $7K.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2023 $1 $1K $7K $1
2022 $848 $8K $1K $1 View 990
2021 $25K $8K $16K $1
2020 $1 $0 $1 $1
2019 $1 $0 $1 $0
2018 $1 $0 $1 $0
2017 $1 $0 $1 $0
2016 $1 $0 $1 $0
2015 $1 $0 $1 $0
2014 $1 $0 $1 $0
2013 $1 $0 $1 $0
2012 $1 $0 $1 $0
2011 $1 $0 $1 $0
2010 $1 $0 $1 $0

Year-by-Year Financial Summary

  • 2023: Revenue of $1, expenses of $1K, and assets of $7K (revenue -99.9% year-over-year).
  • 2022: Revenue of $848, expenses of $8K, and assets of $1K (revenue -96.5% year-over-year).
  • 2021: Revenue of $25K, expenses of $8K, and assets of $16K (revenue +2453700.0% year-over-year).
  • 2020: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
  • 2019: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
  • 2018: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
  • 2017: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
  • 2016: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
  • 2015: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
  • 2014: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
  • 2013: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
  • 2012: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
  • 2011: Revenue of $1, expenses of $0, and assets of $1 (revenue +0.0% year-over-year).
  • 2010: Revenue of $1, expenses of $0, and assets of $1.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Training & Employment Elec Cont Asso:

2023 Filing 2022 Filing 2021 Filing 2020 Filing 2019 Filing 2018 Filing 2017 Filing 2016 Filing 2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing 2010 Filing

Data Sources and Methodology

This transparency report for Training & Employment Elec Cont Asso 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.

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