North Alabama Electrical Joint Apprenticeship & Training Tr Fund is a 501(c)(3) organization based in Sheffield, Alabama, registered in 2022, with $1,264,556 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$1.3M
▲ 54.9% vs prior year
Education median: $200K
Expenses (FY2024)
$1.1M
Net assets
$2.3M
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 North Alabama Electrical Joint Apprenticeship & Training Tr 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 North Alabama Electrical Joint Apprenticeship & Training Tr Fund: 25 mo reserves · +15% 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 North Alabama Electrical Joint Apprenticeship & Training Tr 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 North Alabama Electrical Joint Apprenticeship & Training Tr Fund: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $571K (FY2013) to $1.3M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
15.0%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$2.3M
Total liabilities
$1,193
Net assets
$2.3M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,264,556▲54.9% | $1,074,910▲18.2% | $2,272,981▲11.1% | $2,274,174▲11.0% | 990 |
| 2023 | $816,270▼33.9% | $909,341▼7.7% | $2,046,649▼3.5% | $2,048,905▼3.5% | 990 |
| 2022 | $1,234,256▲9.3% | $985,683▲4.0% | $2,121,884▲13.3% | $2,123,105▲13.3% | 990 |
| 2021 | $1,129,699▲1.1% | $947,952▲3.9% | $1,873,540▲28.4% | $1,874,575▲27.5% | 990 |
| 2020 | $1,117,425▲56.8% | $912,361▲21.5% | $1,458,721▲16.4% | $1,470,480▲16.2% | 990 |
| 2019 | $712,728▲15.9% | $751,183▲41.2% | $1,253,657▼4.8% | $1,265,173▼4.3% | 990 |
| 2018 | $615,182▲24.1% | $532,162▲2.4% | $1,316,410▲6.7% | $1,322,259▲6.7% | 990 |
| 2017 | $495,844▼6.7% | $519,482▼7.5% | $1,233,390▼1.9% | $1,239,180▼1.6% | 990 |
| 2016 | $531,292▼8.8% | $561,379▼4.0% | $1,257,029▼2.3% | $1,258,948▼2.3% | 990 |
| 2015 | $582,599▲3.5% | $584,796▼12.5% | $1,287,116▼0.2% | $1,289,135▼0.3% | 990 |
| 2014 | $563,145▼1.3% | $668,716▼9.8% | $1,289,314▼7.6% | $1,293,348▼7.5% | 990 |
| 2013 | $570,558 | $741,600▲11.7% | $1,394,885▼10.9% | $1,398,085▼10.9% | 990 |
| 2012 | — | $663,843 | $1,565,927 | $1,569,129 | 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.
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Data for North Alabama Electrical Joint Apprenticeship & Training Tr Fund (EIN 63-0379259) 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.