Charlotte Electrical Joint Apprenticeship & Training Committ is a 501(c)(3) organization based in Charlotte, North Carolina, registered in 2001, with $1,505,150 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.5M
▲ 14.6% vs prior year
Employment median: $367K
Expenses (FY2024)
$1.5M
Net assets
$2.2M
Employees
—
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 →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 Charlotte Electrical Joint Apprenticeship & Training Committ— 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 Charlotte Electrical Joint Apprenticeship & Training Committ: 18 mo reserves · +2% margin earns a A 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 Charlotte Electrical Joint Apprenticeship & Training Committ— 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 Charlotte Electrical Joint Apprenticeship & Training Committ: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $445K (FY2013) to $1.5M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
2.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.7M
Total liabilities
$1.5M
Net assets
$2.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,505,150▲14.6% | $1,469,639▲13.0% | $2,186,321▲1.7% | $3,657,730▼0.9% | 990 |
| 2023 | $1,313,139▲19.2% | $1,301,106▲32.2% | $2,150,810▲0.6% | $3,690,027▼1.4% | 990 |
| 2022 | $1,101,382▼9.1% | $983,921▲6.3% | $2,138,777▲5.8% | $3,743,422▲1.2% | 990 |
| 2021 | $1,212,226▲60.0% | $925,858▲17.9% | $2,021,316▲16.5% | $3,697,588▲5.5% | 990 |
| 2020 | $757,518▼25.3% | $785,101▲12.5% | $1,734,948▲4.9% | $3,503,392▲0.1% | 990 |
| 2018 | $1,013,446▲19.9% | $697,766▲14.9% | $1,654,662▲50.5% | $3,499,814▲218% | 990 |
| 2017 | $845,267▲54.6% | $607,256▲3.2% | $1,099,152▲27.6% | $1,099,152▲26.9% | 990 |
| 2016 | $546,696▼38.3% | $588,174▲1.5% | $861,141▼4.6% | $866,180▼4.6% | 990 |
| 2015 | $885,892▲131% | $579,333▲63.3% | $902,619▲51.4% | $907,513▲51.7% | 990 |
| 2014 | $383,419▼13.9% | $354,841▼6.0% | $596,060▲5.0% | $598,086▲5.4% | 990 |
| 2013 | $445,213 | $377,558▲35.3% | $567,482▲13.5% | $567,482▲13.3% | 990 |
| 2012 | — | $278,951▼2.1% | $499,827▲20.6% | $501,050▲20.1% | 990 |
| 2011 | — | $285,030▼15.2% | $414,583▼0.6% | $417,031▼0.7% | 990 |
| 2010 | — | $336,032 | $417,065 | $420,158 | 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 Charlotte Electrical Joint Apprenticeship & Training Committ (EIN 58-2431633) 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.