Los Angeles Chapter National Tooling & Machine Assn Training Ce is a 501(c)(3) organization based in Irvine, California, registered in 1968, with $6,078,103 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$6.1M
▲ 96.8% vs prior year
Expenses (FY2024)
$3.9M
Net assets
$6.8M
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 Los Angeles Chapter National Tooling & Machine Assn Training Ce— 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 Los Angeles Chapter National Tooling & Machine Assn Training Ce: 21 mo reserves · +36% 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 Los Angeles Chapter National Tooling & Machine Assn Training Ce— 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 Los Angeles Chapter National Tooling & Machine Assn Training Ce: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Revenue declined from $8.1M (FY2014) to $6.1M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
36.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$7.3M
Total liabilities
$558K
Net assets
$6.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $6,078,103▲96.8% | $3,888,317▼16.4% | $6,782,608▲47.7% | $7,340,914▲23.9% | 990 |
| 2023 | $3,087,985▼22.9% | $4,649,836▲12.4% | $4,592,822▼25.4% | $5,924,744▼17.1% | 990 |
| 2022 | $4,006,825▼26.0% | $4,135,085▼19.5% | $6,154,673▼2.0% | $7,144,490▼27.2% | 990 |
| 2021 | $5,418,208▲51.9% | $5,134,718▲23.4% | $6,282,933▼2.7% | $9,816,067▼2.9% | 990 |
| 2020 | $3,566,136▼42.9% | $4,160,837▼1.1% | $6,457,237▼8.4% | $10,111,558▼4.4% | 990 |
| 2019 | $6,244,998▲47.5% | $4,206,799▼20.2% | $7,051,938▲40.7% | $10,577,799▲21.2% | 990 |
| 2018 | $4,232,969▼16.1% | $5,273,125▼11.8% | $5,013,739▼17.2% | $8,726,773▼12.9% | 990 |
| 2017 | $5,043,758▼6.9% | $5,981,444▼12.0% | $6,053,895▼13.4% | $10,018,947▼8.7% | 990 |
| 2016 | $5,418,078▼18.8% | $6,798,224▼15.4% | $6,991,581▼16.2% | $10,978,866▼12.6% | 990 |
| 2015 | $6,669,274▼17.7% | $8,039,157▼5.0% | $8,341,712▼12.2% | $12,557,876▼10.9% | 990 |
| 2014 | $8,107,399 | $8,465,675 | $9,502,330 | $14,089,328 | 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.
Explore more
Data for Los Angeles Chapter National Tooling & Machine Assn Training Ce (EIN 95-2540850) 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.