Tri City Joint Apprenticeship And Training Committee
Tri City Joint Apprenticeship And Training Committee consistently dedicates over 90% of its spending to program services with no reported officer compensation.
EIN: 141609873 · Latham, NY · Updated: 2026-03-28
Is Tri City Joint Apprenticeship And Training Committee Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
Tri City Joint Apprenticeship And Training Committee directs 95% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About Tri City Joint Apprenticeship And Training Committee
Tri City Joint Apprenticeship And Training Committee (EIN: 141609873) is a nonprofit organization based in Latham, NY. The organization reported total revenue of $1.9M and total assets of $2.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Tri City Joint Apprenticeship And Training Committee's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Tri City Joint Apprenticeship And Training Committee with a Mission Score of 95 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 95%
- fundraising: 0%
According to IRS 990 filings, Tri City Joint Apprenticeship And Training Committee allocates its expenses as follows: admin: 5%, programs: 95%, fundraising: 0%. With 95% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
The organization reports 0% officer compensation across all available filings, indicating that its leadership is either entirely volunteer-based or compensated through other means not classified as officer compensation, which is highly unusual and suggests exceptional efficiency in executive costs relative to its size and revenue of nearly $2 million.
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.
Strengths
The following positive indicators were identified for Tri City Joint Apprenticeship And Training Committee:
- Exceptional program spending ratio (95% in 2023)
- No reported officer compensation, indicating high efficiency
- Consistent revenue growth over the past five years
- Strong asset base relative to liabilities, indicating financial stability
- Positive net income in recent periods, allowing for asset accumulation
Frequently Asked Questions about Tri City Joint Apprenticeship And Training Committee
Is Tri City Joint Apprenticeship And Training Committee a legitimate charity?
Based on AI analysis of IRS 990 filings, Tri City Joint Apprenticeship And Training Committee (EIN: 141609873) appears legitimate. Mission Score: 95/100. 0 red flags identified, 5 strengths noted.
How does Tri City Joint Apprenticeship And Training Committee spend its money?
Tri City Joint Apprenticeship And Training Committee directs 95% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to Tri City Joint Apprenticeship And Training Committee tax-deductible?
Tri City Joint Apprenticeship And Training Committee is registered as a tax-exempt nonprofit (EIN: 141609873). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Is Tri City Joint Apprenticeship And Training Committee a good charity?
Based on its financial filings, the organization appears to be a very good charity, demonstrating exceptional efficiency with 95% of expenses going to programs and no reported officer compensation.
How has the organization's revenue trended over the past five years?
The organization has shown consistent revenue growth, increasing from $1,246,493 in 2019 to $1,900,500 in 2023, indicating a healthy upward trend.
What is the organization's financial stability?
Tri City Joint Apprenticeship And Training Committee appears financially stable, with assets consistently exceeding liabilities (e.g., $2,298,384 in assets vs. $143,871 in liabilities in 2023) and a history of positive net income in recent years.
Filing History
IRS 990 filing history for Tri City Joint Apprenticeship And Training Committee showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Tri City Joint Apprenticeship And Training Committee's revenue has grown by 71.5%, moving from $1.1M to $1.9M. Total assets increased by 115.2% over the same period, from $1.1M to $2.3M. Total functional expenses rose by 42.5%, from $1.1M to $1.5M. In its most recent filing year (2023), Tri City Joint Apprenticeship And Training Committee reported a surplus of $387K, with revenue exceeding expenses. The organization holds $144K in liabilities against $2.3M in assets (debt-to-asset ratio: 6.3%), resulting in net assets of $2.2M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $1.9M | $1.5M | $2.3M | $144K | — | — |
| 2022 | $1.7M | $1.5M | $1.9M | $178K | — | View 990 |
| 2021 | $1.6M | $1.4M | $1.7M | $61K | — | View 990 |
| 2020 | $1.5M | $1.1M | $1.5M | $70K | — | View 990 |
| 2019 | $1.2M | $1.3M | $1.1M | $124K | — | View 990 |
| 2018 | $1.2M | $1.3M | $1.2M | $137K | — | View 990 |
| 2017 | $1.1M | $1.3M | $1.1M | $70K | — | View 990 |
| 2016 | $980K | $1.3M | $1.3M | $62K | — | View 990 |
| 2015 | $1.9M | $1.4M | $1.6M | $65K | — | View 990 |
| 2014 | $1.4M | $1.1M | $1.1M | $70K | — | View 990 |
| 2013 | $915K | $1.2M | $831K | $33K | — | View 990 |
| 2012 | $2.3M | $2.3M | $1.1M | $95K | — | View 990 |
| 2011 | $1.1M | $1.1M | $1.1M | $29K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.9M, expenses of $1.5M, and assets of $2.3M (revenue +12.1% year-over-year).
- 2022: Revenue of $1.7M, expenses of $1.5M, and assets of $1.9M (revenue +8.8% year-over-year).
- 2021: Revenue of $1.6M, expenses of $1.4M, and assets of $1.7M (revenue +5.0% year-over-year).
- 2020: Revenue of $1.5M, expenses of $1.1M, and assets of $1.5M (revenue +19.1% year-over-year).
- 2019: Revenue of $1.2M, expenses of $1.3M, and assets of $1.1M (revenue +0.4% year-over-year).
- 2018: Revenue of $1.2M, expenses of $1.3M, and assets of $1.2M (revenue +9.8% year-over-year).
- 2017: Revenue of $1.1M, expenses of $1.3M, and assets of $1.1M (revenue +15.3% year-over-year).
- 2016: Revenue of $980K, expenses of $1.3M, and assets of $1.3M (revenue -47.9% year-over-year).
- 2015: Revenue of $1.9M, expenses of $1.4M, and assets of $1.6M (revenue +38.7% year-over-year).
- 2014: Revenue of $1.4M, expenses of $1.1M, and assets of $1.1M (revenue +48.1% year-over-year).
- 2013: Revenue of $915K, expenses of $1.2M, and assets of $831K (revenue -59.8% year-over-year).
- 2012: Revenue of $2.3M, expenses of $2.3M, and assets of $1.1M (revenue +105.4% year-over-year).
- 2011: Revenue of $1.1M, expenses of $1.1M, and assets of $1.1M.
Data Sources and Methodology
This transparency report for Tri City Joint Apprenticeship And Training Committee 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.