Operating Engineers & Participating Employers Preapprentice Apprentice is a 501(c)(3) organization based in Bothell, Washington, registered in 2001, with $2,350,248 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$2.4M
▲ 20.5% vs prior year
Employment median: $367K
Expenses (FY2024)
$1.5M
Net assets
$7.4M
Employees
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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 Operating Engineers & Participating Employers Preapprentice Apprentice— 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 Operating Engineers & Participating Employers Preapprentice Apprentice: 60 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 Operating Engineers & Participating Employers Preapprentice Apprentice— 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 Operating Engineers & Participating Employers Preapprentice Apprentice: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $663K (FY2014) to $2.4M (FY2024) across 11 reported years.
Financial snapshot
Operating margin
36.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$7.6M
Total liabilities
$135K
Net assets
$7.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,350,248▲20.5% | $1,495,642▲19.1% | $7,418,411▲16.8% | $7,552,984▲13.1% | 990 |
| 2023 | $1,950,735▲4.0% | $1,255,796▲13.2% | $6,349,251▲19.6% | $6,675,250▲22.7% | 990 |
| 2022 | $1,875,097▲6.0% | $1,109,106▲15.4% | $5,310,046▲4.1% | $5,438,203▲4.4% | 990 |
| 2021 | $1,769,757▼8.3% | $960,857▲7.4% | $5,102,593▲19.2% | $5,211,052▲18.9% | 990 |
| 2020 | $1,929,848▲64.4% | $894,612▲8.1% | $4,282,164▲35.4% | $4,381,220▲36.0% | 990 |
| 2019 | $1,173,855▲19.5% | $827,811▼2.0% | $3,163,045▲20.6% | $3,222,547▲17.8% | 990 |
| 2018 | $982,099▲15.7% | $844,753▼11.9% | $2,622,073▲1.8% | $2,736,109▼1.7% | 990 |
| 2017 | $849,181▲4.8% | $959,217▲10.7% | $2,576,020▼3.9% | $2,782,148▲0.8% | 990 |
| 2016 | $810,209▼3.4% | $866,124▲12.8% | $2,679,487▼2.0% | $2,759,748▼2.9% | 990 |
| 2015 | $838,690▲26.4% | $767,645▲0.2% | $2,733,169▲2.2% | $2,843,579▲5.1% | 990 |
| 2014 | $663,297 | $766,108 | $2,674,438 | $2,705,445 | 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 Operating Engineers & Participating Employers Preapprentice Apprentice (EIN 94-1640988) 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.