Cedar Rapids Electrical Apprenticeship Training & Educ Tr
Only null% goes to programs Strong reserves Growing revenue
Cedar Rapids Electrical Apprenticeship Training & Educ Tr is a 501(c)(3) organization based in Cedar Rapids, Iowa, registered in 2001, with $1,661,275 in FY2024 revenue. CharityIndex grades it C+.
2300 Johnson Ave Nw, Cedar Rapids, IA, 52405 EIN 42-6603775 Since 2001
Revenue (FY2024)
$1.7M
▲ 5.9% vs prior year
Education median: $200K
Expenses (FY2024)
$1.4M
Net assets
$3.6M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
Rated on 2 of 4 criteria — the rest aren't reported in this filing type.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →—Program efficiency40% of the ratingNo expense breakdown in filings
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 Cedar Rapids Electrical Apprenticeship Training & Educ Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
AFinancial health25% of the rating31 mo reserves · +15% margin
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 Cedar Rapids Electrical Apprenticeship Training & Educ Tr: 31 mo reserves · +15% margin earns a A on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
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 Cedar Rapids Electrical Apprenticeship Training & Educ Tr— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
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 Cedar Rapids Electrical Apprenticeship Training & Educ Tr: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 2300 Johnson Ave Nw, Cedar Rapids, IA, 52405
- City
- Cedar Rapids
- State
- Iowa
- Category
- Education
- Subcategory
- Vocational & Technical Schools
Financial trends
Revenue grew from $668K (FY2013) to $1.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $3.6M
Operating margin
14.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.6M
Total liabilities
$0
Net assets
$3.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,661,275▲5.9% | $1,415,711▲18.8% | $3,645,185▲7.2% | $3,645,185▲7.2% | 990 |
| 2023 | $1,569,134▲25.3% | $1,191,739▲14.4% | $3,399,621▲12.5% | $3,400,034▲12.3% | 990 |
| 2022 | $1,252,597▲10.2% | $1,042,014▼2.0% | $3,022,226▲7.5% | $3,027,610▲7.4% | 990 |
| 2021 | $1,136,825▼18.5% | $1,063,463▲4.3% | $2,811,643▲2.7% | $2,818,153▲2.6% | 990 |
| 2020 | $1,394,767▲24.0% | $1,019,538▲4.1% | $2,738,281▲15.9% | $2,747,719▲9.5% | 990 |
| 2019 | $1,125,027▲6.3% | $979,180▲10.6% | $2,363,052▲6.6% | $2,508,228▲9.7% | 990 |
| 2018 | $1,058,214▲1.7% | $885,468▼1.6% | $2,217,201▲8.4% | $2,286,368▼5.7% | 990 |
| 2017 | $1,040,712▲2.0% | $899,696▲6.3% | $2,044,453▲7.4% | $2,423,460▲4.1% | 990 |
| 2016 | $1,020,231▲8.3% | $846,000▲6.0% | $1,903,437▲10.1% | $2,328,144▲6.4% | 990 |
| 2015 | $941,861▲5.6% | $797,961▲1.5% | $1,729,206▲9.1% | $2,188,283▼6.3% | 990 |
| 2014 | $892,070▲33.5% | $786,171▲18.6% | $1,585,306▲7.2% | $2,334,801▲3.3% | 990 |
| 2013 | $668,135 | $662,629▲1.8% | $1,479,407▲0.4% | $2,260,617▼0.3% | 990 |
| 2012 | — | $650,849 | $1,473,901 | $2,267,378 | 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.
Grants received · $5,000 total
1 grant to Cedar Rapids Electrical Apprenticeship Training & Educ Tr totaling $5,000, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Prairie Meadows Race Track & Casino Inc | Electrical apprenticeship training center; classroom tables & chairs | 2018 | $5,000 |
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Frequently asked questions
- Is Cedar Rapids Electrical Apprenticeship Training & Educ Tr a legitimate nonprofit?
- Yes. Cedar Rapids Electrical Apprenticeship Training & Educ Tr is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 42-6603775, based in Cedar Rapids, Iowa. Donations are tax-deductible.
- What is Cedar Rapids Electrical Apprenticeship Training & Educ Tr's EIN?
- Cedar Rapids Electrical Apprenticeship Training & Educ Tr's Employer Identification Number (EIN) is 42-6603775.
- How much revenue does Cedar Rapids Electrical Apprenticeship Training & Educ Tr report?
- Cedar Rapids Electrical Apprenticeship Training & Educ Tr reported $1,661,275 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Cedar Rapids Electrical Apprenticeship Training & Educ Tr have?
- CharityIndex grades Cedar Rapids Electrical Apprenticeship Training & Educ Tr C+, based on financial health (reserves and operating margin).
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Data for Cedar Rapids Electrical Apprenticeship Training & Educ Tr (EIN 42-6603775) 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.