Lincoln Elec Contractors Assn Apprenticeship & Training Fund is a 501(c)(3) organization based in Lincoln, Nebraska, registered in 2004, with $865,870 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$866K
▲ 46.5% vs prior year
Education median: $200K
Expenses (FY2024)
$525K
Net assets
$1.1M
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 Lincoln Elec Contractors Assn Apprenticeship & Training Fund— 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 Lincoln Elec Contractors Assn Apprenticeship & Training Fund: 26 mo reserves · +39% 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 Lincoln Elec Contractors Assn Apprenticeship & Training Fund— 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 Lincoln Elec Contractors Assn Apprenticeship & Training Fund: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $185K (FY2009) to $866K (FY2024) across 13 reported years.
Financial snapshot
Operating margin
39.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.2M
Total liabilities
$19K
Net assets
$1.1M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $865,870▲46.5% | $524,541▲8.4% | $1,149,602▲42.2% | $1,168,269▲42.2% | 990 |
| 2023 | $590,888▲21.1% | $483,708▲21.5% | $808,273▲15.3% | $821,581▲15.4% | 990 |
| 2022 | $487,737▲3.1% | $398,089▲2.2% | $701,093▲14.7% | $712,073▲13.3% | 990 |
| 2021 | $473,109▲31.8% | $389,646▲14.4% | $611,445▲15.8% | $628,501▲15.5% | 990 |
| 2020 | $359,086▲3.9% | $340,745▼1.5% | $527,982▲3.6% | $544,164▲4.8% | 990 |
| 2019 | $345,618▼10.0% | $345,978▼0.8% | $509,641▼0.1% | $519,403▲0.3% | 990 |
| 2018 | $384,006▲1.3% | $348,784▲6.4% | $510,001▲7.4% | $517,961▲6.4% | 990 |
| 2017 | $379,247▲18.0% | $327,687▲7.5% | $474,779▲12.2% | $486,849▲12.5% | 990 |
| 2016 | $321,435▼0.3% | $304,898▲5.6% | $423,219▲4.1% | $432,658▲4.0% | 990 |
| 2015 | $322,496▲17.9% | $288,631▲29.0% | $406,682▲9.1% | $415,824▲10.0% | 990 |
| 2014 | $273,490▲12.7% | $223,661▼0.3% | $372,817▲15.4% | $378,130▲15.3% | 990 |
| 2013 | $242,662 | $224,275▼5.4% | $322,988▲6.0% | $327,991▲5.2% | 990 |
| 2012 | — | $237,104▲7.1% | $304,601▲32.7% | $311,768▲31.9% | 990 |
| 2011 | — | $221,374▲10.2% | $229,550▲38.5% | $236,284▲35.2% | 990 |
| 2010 | — | $200,886▲11.6% | $165,742▲32.6% | $174,706▲31.1% | 990 |
| 2009 | $185,183 | $180,042 | $124,989 | $133,300 | 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.
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Data for Lincoln Elec Contractors Assn Apprenticeship & Training Fund (EIN 47-0461460) 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.