Trust Fund For Education Technical Engineering Division Local 130
EIN: 367004811 · Chicago, IL
| Metric | Value |
|---|---|
| Total Revenue | $611K |
| Total Expenses | $451K |
| Net Assets | $1.0M |
Is Trust Fund For Education Technical Engineering Division Local 130 Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Trust Fund For Education Technical Engineering Division Local 130
Trust Fund For Education Technical Engineering Division Local 130 (EIN: 367004811) is a nonprofit organization based in Chicago, IL. The organization reported total revenue of $611K and total assets of $1.2M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Trust Fund For Education Technical Engineering Division Local 130's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Trust Fund For Education Technical Engineering Division Local 130 is a small nonprofit that has been operating for 33 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 23.6%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $502K |
| Total Expenses | $451K |
| Surplus / Deficit | +$51K |
| Total Assets | $1.1M |
| Total Liabilities | $47K |
| Net Assets | $1.0M |
| Operating Margin | 10.3% |
| Debt-to-Asset Ratio | 4.3% |
| Months of Reserves | 29.0 months |
Financial Health Grade: A
In 2023, Trust Fund For Education Technical Engineering Division Local 130 reported a surplus of $51K with revenue exceeding expenses, holds 29.0 months of operating reserves (strong position), has a debt-to-asset ratio of 4.3% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Trust Fund For Education Technical Engineering Division Local 130's revenue has grown at a compound annual growth rate (CAGR) of 23.6%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +8.5% | +13.3% | +6.5% |
| 2022 | +5.2% | +1.0% | -4.4% |
| 2021 | +2.3% | +17.2% | +6.9% |
| 2020 | +1.0% | +21.9% | +20.2% |
| 2019 | +21.1% | +18.4% | +22.3% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 3000 |
| IRS Ruling Date | 1993 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Trust Fund For Education Technical Engineering Division Local 130 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 Trust Fund For Education Technical Engineering Division Local 130 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 $51K, with revenue exceeding expenses.
- Debt-to-asset ratio: 4.3%.
Frequently Asked Questions about Trust Fund For Education Technical Engineering Division Local 130
Is Trust Fund For Education Technical Engineering Division Local 130 a legitimate charity?
Trust Fund For Education Technical Engineering Division Local 130 (EIN: 367004811) is a registered tax-exempt nonprofit based in Illinois. It has 13 years of IRS 990 filings on record. Total revenue: $611K. No red flags identified. Financial health grade: A.
How does Trust Fund For Education Technical Engineering Division Local 130 spend its money?
Trust Fund For Education Technical Engineering Division Local 130 reported $611K 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 Trust Fund For Education Technical Engineering Division Local 130 tax-deductible?
Trust Fund For Education Technical Engineering Division Local 130 is registered as a tax-exempt nonprofit (EIN: 367004811). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Trust Fund For Education Technical Engineering Division Local 130 located?
Trust Fund For Education Technical Engineering Division Local 130 is headquartered in Chicago, Illinois and files with the IRS under EIN 367004811.
How many years of IRS 990 filings does Trust Fund For Education Technical Engineering Division Local 130 have?
Trust Fund For Education Technical Engineering Division Local 130 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 $611K in total revenue.
Filing History
IRS 990 filing history for Trust Fund For Education Technical Engineering Division Local 130 showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Trust Fund For Education Technical Engineering Division Local 130's revenue has grown by 1165.3%, moving from $40K to $502K. Total assets increased by 292.4% over the same period, from $277K to $1.1M. Total functional expenses rose by 638.3%, from $61K to $451K. In its most recent filing year (2023), Trust Fund For Education Technical Engineering Division Local 130 reported a surplus of $51K, with revenue exceeding expenses. The organization holds $47K in liabilities against $1.1M in assets (debt-to-asset ratio: 4.3%), resulting in net assets of $1.0M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $502K | $451K | $1.1M | $47K | — | View 990 |
| 2022 | $463K | $398K | $1.0M | $28K | — | View 990 |
| 2021 | $440K | $394K | $1.1M | $56K | — | View 990 |
| 2020 | $430K | $336K | $999K | $86K | — | View 990 |
| 2019 | $426K | $276K | $831K | $49K | — | View 990 |
| 2018 | $351K | $233K | $680K | $65K | — | View 990 |
| 2017 | $213K | $133K | $537K | $46K | — | View 990 |
| 2016 | $145K | $109K | $457K | $58K | — | View 990 |
| 2015 | $92K | $23K | $380K | $16K | — | View 990 |
| 2014 | $64K | $17K | $313K | $16K | — | View 990 |
| 2013 | $58K | $38K | $279K | $29K | — | View 990 |
| 2012 | $57K | $60K | $262K | $31K | — | View 990 |
| 2011 | $40K | $61K | $277K | $44K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $502K, expenses of $451K, and assets of $1.1M (revenue +8.5% year-over-year).
- 2022: Revenue of $463K, expenses of $398K, and assets of $1.0M (revenue +5.2% year-over-year).
- 2021: Revenue of $440K, expenses of $394K, and assets of $1.1M (revenue +2.3% year-over-year).
- 2020: Revenue of $430K, expenses of $336K, and assets of $999K (revenue +1.0% year-over-year).
- 2019: Revenue of $426K, expenses of $276K, and assets of $831K (revenue +21.1% year-over-year).
- 2018: Revenue of $351K, expenses of $233K, and assets of $680K (revenue +65.2% year-over-year).
- 2017: Revenue of $213K, expenses of $133K, and assets of $537K (revenue +46.5% year-over-year).
- 2016: Revenue of $145K, expenses of $109K, and assets of $457K (revenue +58.4% year-over-year).
- 2015: Revenue of $92K, expenses of $23K, and assets of $380K (revenue +42.7% year-over-year).
- 2014: Revenue of $64K, expenses of $17K, and assets of $313K (revenue +10.8% year-over-year).
- 2013: Revenue of $58K, expenses of $38K, and assets of $279K (revenue +1.8% year-over-year).
- 2012: Revenue of $57K, expenses of $60K, and assets of $262K (revenue +43.4% year-over-year).
- 2011: Revenue of $40K, expenses of $61K, and assets of $277K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Trust Fund For Education Technical Engineering Division Local 130:
Data Sources and Methodology
This transparency report for Trust Fund For Education Technical Engineering Division Local 130 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.