Galveston Electrical Joint Apprenticeship & Training Trust Fu
501(c)(3) Donations tax-deductible
Only null% goes to programs
Galveston Electrical Joint Apprenticeship & Training Trust Fu is a 501(c)(3) organization based in Texas City, Texas, registered in 1968, with $151,000 in FY2024 revenue. CharityIndex grades it D.
2509 Fm 2004 Rd, Texas City, TX, 77591 EIN 74-1601060 Since 1968
Revenue (FY2024)
$151K
▲ 3.0% vs prior year
Expenses (FY2024)
$198K
Net assets
$76K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—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 Galveston Electrical Joint Apprenticeship & Training Trust Fu— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating5 mo reserves · -31% 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 Galveston Electrical Joint Apprenticeship & Training Trust Fu: 5 mo reserves · -31% margin earns a D 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 Galveston Electrical Joint Apprenticeship & Training Trust Fu— 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 Galveston Electrical Joint Apprenticeship & Training Trust Fu: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 2509 Fm 2004 Rd, Texas City, TX, 77591
- City
- Texas City
- State
- Texas
- Category
- —
- Subcategory
- —
Financial trends
Revenue declined from $178K (FY2010) to $151K (FY2024) across 13 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $9,662Net assets $76K
Operating margin
-31.1%
Spent more than it raised in the latest fiscal year.
Total assets
$86K
Total liabilities
$9,662
Net assets
$76K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $151,000▲3.0% | $197,975▼0.5% | $76,294▼38.1% | $85,956▼34.4% | 990 |
| 2023 | $146,536▼14.5% | $198,984▲0.9% | $123,269▼29.8% | $130,947▼27.6% | 990 |
| 2022 | $171,402▲12.5% | $197,210▼1.6% | $175,717▼12.8% | $180,809▼12.6% | 990 |
| 2021 | $152,376▲0.5% | $200,424▲0.7% | $201,525▼19.3% | $206,854▼18.7% | 990 |
| 2020 | $151,599▼14.1% | $199,120▲7.5% | $249,573▼16.0% | $254,507▼17.6% | 990 |
| 2019 | $176,555▼3.9% | $185,249▼13.2% | $297,094▼2.8% | $309,010▲0.3% | 990 |
| 2018 | $183,794▼28.6% | $213,476▼0.2% | $305,788▼8.8% | $307,944▼8.2% | 990 |
| 2017 | $257,346▲6.1% | $213,881▲30.1% | $335,470▲14.1% | $335,470▲14.1% | 990 |
| 2016 | $242,446▲10.2% | $164,410▼14.3% | $294,069▲36.1% | $294,069▲36.1% | 990 |
| 2015 | $220,075▲11.4% | $191,884▲0.2% | $216,033▲15.0% | $216,033▲13.9% | 990 |
| 2014 | $197,489▼14.8% | $191,464▲7.4% | $187,842▲3.3% | $189,601▲2.1% | 990 |
| 2013 | $231,827 | $178,352▲24.2% | $181,817▲41.7% | $185,629▲44.2% | 990 |
| 2012 | — | $143,584▼1.7% | $128,342▲22.3% | $128,765▲20.4% | 990 |
| 2011 | — | $146,084▼0.6% | $104,970▲225% | $106,938▲103% | 990 |
| 2010 | $178,292 | $146,897 | $32,255 | $52,764 | 990EZ |
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.
Frequently asked questions
- Is Galveston Electrical Joint Apprenticeship & Training Trust Fu a legitimate nonprofit?
- Yes. Galveston Electrical Joint Apprenticeship & Training Trust Fu is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 74-1601060, based in Texas City, Texas. Donations are tax-deductible.
- What is Galveston Electrical Joint Apprenticeship & Training Trust Fu's EIN?
- Galveston Electrical Joint Apprenticeship & Training Trust Fu's Employer Identification Number (EIN) is 74-1601060.
- How much revenue does Galveston Electrical Joint Apprenticeship & Training Trust Fu report?
- Galveston Electrical Joint Apprenticeship & Training Trust Fu reported $151,000 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Galveston Electrical Joint Apprenticeship & Training Trust Fu have?
- CharityIndex grades Galveston Electrical Joint Apprenticeship & Training Trust Fu D, based on financial health (reserves and operating margin).
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Data for Galveston Electrical Joint Apprenticeship & Training Trust Fu (EIN 74-1601060) 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.