Memphis Electrical Joint Apprenticeship & Training Committe
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Growing revenue
Memphis Electrical Joint Apprenticeship & Training Committe is a 501(c)(3) organization based in Memphis, Tennessee, registered in 1968, with $4,581,423 in FY2024 revenue. CharityIndex grades it B.
6211 Shelby Oaks Dr, Memphis, TN, 38134 EIN 62-6080004 Since 1968
Revenue (FY2024)
$4.6M
▲ 132.8% vs prior year
Expenses (FY2024)
$1.8M
Net assets
$6.6M
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 Memphis Electrical Joint Apprenticeship & Training Committe— 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 rating43 mo reserves · +60% 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 Memphis Electrical Joint Apprenticeship & Training Committe: 43 mo reserves · +60% 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 Memphis Electrical Joint Apprenticeship & Training Committe— 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 Memphis Electrical Joint Apprenticeship & Training Committe: 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 $684K (FY2013) to $4.6M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $236KNet assets $6.6M
Operating margin
60.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$6.8M
Total liabilities
$236K
Net assets
$6.6M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $4,581,423▲133% | $1,829,752▲50.1% | $6,573,174▲75.3% | $6,808,854▲80.9% | 990 |
| 2023 | $1,968,229▲74.6% | $1,218,911▲19.9% | $3,750,510▲29.9% | $3,763,210▲29.5% | 990 |
| 2022 | $1,127,370▲1.9% | $1,016,623▲17.6% | $2,887,734▼0.1% | $2,906,120▼0.1% | 990 |
| 2021 | $1,106,468▲9.1% | $864,666▲13.7% | $2,889,637▲10.1% | $2,908,856▲7.4% | 990 |
| 2020 | $1,014,594▼4.1% | $760,337▼12.8% | $2,625,226▲10.7% | $2,707,605▲12.9% | 990 |
| 2019 | $1,057,900▲1.3% | $871,709▲0.6% | $2,370,969▲8.5% | $2,397,954▲8.4% | 990 |
| 2018 | $1,044,614▼8.8% | $866,819▲11.3% | $2,184,781▲8.9% | $2,213,121▼13.6% | 990 |
| 2017 | $1,144,845▲9.8% | $778,594▲10.1% | $2,006,986▲22.3% | $2,562,478▼3.5% | 990 |
| 2016 | $1,042,348▲23.7% | $707,285▲19.5% | $1,640,735▲25.7% | $2,654,271▲28.9% | 990 |
| 2015 | $842,404▲0.9% | $591,883▲6.7% | $1,305,672▲23.7% | $2,058,553▲22.2% | 990 |
| 2014 | $834,949▲22.1% | $554,516▲15.4% | $1,055,151▲35.0% | $1,684,482▲104% | 990 |
| 2013 | $683,994 | $480,389▲7.9% | $781,508▲33.3% | $826,896▲36.3% | 990 |
| 2012 | — | $445,233 | $586,407 | $606,555 | 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 Memphis Electrical Joint Apprenticeship & Training Committe a legitimate nonprofit?
- Yes. Memphis Electrical Joint Apprenticeship & Training Committe is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 62-6080004, based in Memphis, Tennessee. Donations are tax-deductible.
- What is Memphis Electrical Joint Apprenticeship & Training Committe's EIN?
- Memphis Electrical Joint Apprenticeship & Training Committe's Employer Identification Number (EIN) is 62-6080004.
- How much revenue does Memphis Electrical Joint Apprenticeship & Training Committe report?
- Memphis Electrical Joint Apprenticeship & Training Committe reported $4,581,423 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Memphis Electrical Joint Apprenticeship & Training Committe have?
- CharityIndex grades Memphis Electrical Joint Apprenticeship & Training Committe B, based on financial health (reserves and operating margin).
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Data for Memphis Electrical Joint Apprenticeship & Training Committe (EIN 62-6080004) 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.