Bloomington Normal Electrical Joint Apprenticeship & Training Fund is a 501(c)(3) organization based in Bloomington, Illinois, registered in 2001, with $626,036 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$626K
▼ 3.6% vs prior year
Education median: $200K
Expenses (FY2024)
$675K
Net assets
$1.2M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Bloomington Normal Electrical Joint Apprenticeship & Training Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bloomington Normal Electrical Joint Apprenticeship & Training Fund: 22 mo reserves · -8% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Bloomington Normal Electrical Joint Apprenticeship & Training Fund— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bloomington Normal Electrical Joint Apprenticeship & Training Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $247K (FY2013) to $626K (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-7.8%
Spent more than it raised in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$979
Net assets
$1.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $626,036▼3.6% | $674,804▼0.3% | $1,247,044▼3.8% | $1,248,023▼3.8% | 990 |
| 2023 | $649,655▲2.6% | $676,860▲8.4% | $1,295,812▼2.1% | $1,296,759▼2.2% | 990 |
| 2022 | $633,227▼11.6% | $624,292▲3.3% | $1,323,017▲0.7% | $1,326,585▲0.7% | 990 |
| 2021 | $716,356▼25.1% | $604,465▲38.8% | $1,314,082▲15.1% | $1,316,725▲11.4% | 990 |
| 2020 | $956,722▲84.2% | $435,599▲28.9% | $1,142,007▲85.1% | $1,182,339▲80.7% | 990 |
| 2019 | $519,480▲62.4% | $337,821▲0.9% | $616,969▲41.7% | $654,256▲49.7% | 990 |
| 2018 | $319,932▲4.1% | $334,716▲14.0% | $435,310▼3.3% | $437,143▼3.3% | 990 |
| 2017 | $307,410▲18.1% | $293,633▲5.5% | $450,094▲3.2% | $452,137▲3.1% | 990 |
| 2016 | $260,362▼3.2% | $278,308▼5.4% | $436,317▼4.0% | $438,453▼4.0% | 990 |
| 2015 | $269,054▼1.0% | $294,199▲6.6% | $454,263▼5.2% | $456,496▼5.3% | 990 |
| 2014 | $271,872▲10.2% | $275,939▲0.1% | $479,408▼0.8% | $481,832▼0.8% | 990 |
| 2013 | $246,764 | $275,773 | $483,475 | $485,843 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Data for Bloomington Normal Electrical Joint Apprenticeship & Training Fund (EIN 37-1066466) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.