Lima Area Joint Apprenticeship & Training Committee
501(c)(3)
Only null% goes to programs Strong reserves
Lima Area Joint Apprenticeship & Training Committee is a 501(c)(3) organization based in Lima, Ohio, registered in 1959, with $733,599 in FY2024 revenue. CharityIndex grades it B.
2285 N Cole St, Lima, OH, 45801 EIN 31-0645028 Since 1959
Revenue (FY2024)
$734K
▲ 0.5% vs prior year
Expenses (FY2024)
$560K
Net assets
$2.8M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
★★★★
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 Lima Area Joint Apprenticeship & Training Committee— 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 rating59 mo reserves · +24% 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 Lima Area Joint Apprenticeship & Training Committee: 59 mo reserves · +24% 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 Lima Area Joint Apprenticeship & Training Committee— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 Lima Area Joint Apprenticeship & Training Committee: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $616K (FY2013) to $734K (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $611KNet assets $2.8M
Operating margin
23.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.4M
Total liabilities
$611K
Net assets
$2.8M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $733,599▲0.5% | $560,219▼15.7% | $2,763,424▲6.7% | $3,374,712▲8.7% | 990 |
| 2023 | $729,987▼3.8% | $664,199▼3.5% | $2,590,044▲2.6% | $3,105,888▲4.8% | 990 |
| 2022 | $758,670▲2.5% | $687,963▲8.6% | $2,524,256▲2.9% | $2,964,802▲7.2% | 990 |
| 2021 | $740,387▼2.7% | $633,365▲9.3% | $2,453,549▲4.6% | $2,765,338▲4.1% | 990 |
| 2020 | $760,833▼29.7% | $579,431▼4.5% | $2,346,527▲8.4% | $2,656,234▲4.5% | 990 |
| 2019 | $1,082,371▲61.9% | $606,839▲4.9% | $2,165,125▲28.1% | $2,541,586▲6.2% | 990 |
| 2018 | $668,654▲11.7% | $578,529▲7.0% | $1,689,593▲5.6% | $2,393,351▲0.6% | 990 |
| 2017 | $598,597▼20.4% | $540,835▲8.3% | $1,599,468▼1.0% | $2,379,691▲0.7% | 990 |
| 2016 | $751,555▲15.0% | $499,512▲21.4% | $1,615,863▲18.5% | $2,362,126▲5.1% | 990 |
| 2015 | $653,516▼2.5% | $411,303▲34.0% | $1,363,820▲21.6% | $2,246,919▲46.8% | 990 |
| 2014 | $670,526▲8.9% | $306,992▲5.0% | $1,121,607▲48.0% | $1,530,232▲101% | 990 |
| 2013 | $615,683 | $292,370▲2.9% | $758,073▲74.4% | $760,251▲71.1% | 990 |
| 2012 | — | $284,159▼17.4% | $434,760▲98.9% | $444,347▲99.3% | 990 |
| 2011 | — | $343,990▲49.9% | $218,623▲97.7% | $222,943▲95.6% | 990 |
| 2010 | — | $229,499 | $110,593 | $113,975 | 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 Lima Area Joint Apprenticeship & Training Committee a legitimate nonprofit?
- Yes. Lima Area Joint Apprenticeship & Training Committee is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 31-0645028, based in Lima, Ohio.
- What is Lima Area Joint Apprenticeship & Training Committee's EIN?
- Lima Area Joint Apprenticeship & Training Committee's Employer Identification Number (EIN) is 31-0645028.
- How much revenue does Lima Area Joint Apprenticeship & Training Committee report?
- Lima Area Joint Apprenticeship & Training Committee reported $733,599 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Lima Area Joint Apprenticeship & Training Committee have?
- CharityIndex grades Lima Area Joint Apprenticeship & Training Committee B, based on financial health (reserves and operating margin).
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Data for Lima Area Joint Apprenticeship & Training Committee (EIN 31-0645028) 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.