Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd is a 501(c)(3) organization based in N Brunswick, New Jersey, registered in 1982, with $1,189,800 in FY2024 revenue. CharityIndex grades it C+.
1295 Livingston Ave, N Brunswick, NJ, 08902 EIN 22-2103358 Since 1982
Revenue (FY2024)
$1.2M
▼ 5.7% vs prior year
Expenses (FY2024)
$805K
Net assets
$3.9M
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 Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd— 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 rating58 mo reserves · +32% 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 Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd: 58 mo reserves · +32% 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 Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd— 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 Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1295 Livingston Ave, N Brunswick, NJ, 08902
- City
- N Brunswick
- State
- New Jersey
- Category
- —
- Subcategory
- —
Financial trends
Revenue grew from $949K (FY2016) to $1.2M (FY2024) across 9 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $183KNet assets $3.9M
Operating margin
32.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.1M
Total liabilities
$183K
Net assets
$3.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,189,800▼5.7% | $804,613▲7.1% | $3,914,037▲13.4% | $4,096,696▲14.2% | 990 |
| 2023 | $1,262,197▲50.8% | $751,382▲8.4% | $3,450,754▲18.5% | $3,588,087▲21.7% | 990 |
| 2022 | $836,820▲21.5% | $693,435▲2.8% | $2,911,412▲6.6% | $2,949,459▲6.4% | 990 |
| 2021 | $689,020▼6.2% | $674,648▲34.1% | $2,731,752▼5.7% | $2,771,949▼4.9% | 990 |
| 2020 | $734,953▼21.3% | $503,001▼13.7% | $2,896,499▲13.9% | $2,916,120▲11.0% | 990 |
| 2019 | $933,458▲21.4% | $583,132▼8.1% | $2,542,009▲15.8% | $2,626,125▲19.2% | 990 |
| 2018 | $769,156▼27.3% | $634,295▼4.4% | $2,194,296▲6.5% | $2,203,090▲5.7% | 990 |
| 2017 | $1,057,877▲11.4% | $663,462▲12.2% | $2,059,435▲24.5% | $2,085,143▲25.7% | 990 |
| 2016 | $949,343 | $591,570 | $1,653,653 | $1,658,974 | 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.
Frequently asked questions
- Is Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd a legitimate nonprofit?
- Yes. Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 22-2103358, based in N Brunswick, New Jersey. Donations are tax-deductible.
- What is Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd's EIN?
- Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd's Employer Identification Number (EIN) is 22-2103358.
- How much revenue does Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd report?
- Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd reported $1,189,800 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd have?
- CharityIndex grades Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd C+, based on financial health (reserves and operating margin).
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Data for Ibew Local Union 456 Electrical Joint Apprenticeship & Training Fd (EIN 22-2103358) 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.