Operating Engineers Local 478 Apprenticeship Training & Skill Im
Only null% goes to programs Strong reserves Growing revenue
Operating Engineers Local 478 Apprenticeship Training & Skill Im is a 501(c)(3) organization based in Hamden, Connecticut, registered in 1973, with $5,031,500 in FY2023 revenue. CharityIndex grades it B.
1965 Dixwell Ave, Hamden, CT, 06514 EIN 06-0899313 Since 1973
Revenue (FY2023)
$5.0M
▲ 23.0% vs prior year
Employment median: $367K
Expenses (FY2023)
$3.8M
Net assets
$10.5M
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 Operating Engineers Local 478 Apprenticeship Training & Skill Im— 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 rating34 mo reserves · +25% 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 Operating Engineers Local 478 Apprenticeship Training & Skill Im: 34 mo reserves · +25% 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 Operating Engineers Local 478 Apprenticeship Training & Skill Im— 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 Operating Engineers Local 478 Apprenticeship Training & Skill Im: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- 1965 Dixwell Ave, Hamden, CT, 06514
- City
- Hamden
- State
- Connecticut
- Category
- Employment
- Subcategory
- Employment Preparation & Placement
- Website
- …
Financial trends
Revenue grew from $3.1M (FY2013) to $5.0M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $392KNet assets $10.5M
Operating margin
25.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$10.9M
Total liabilities
$392K
Net assets
$10.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $5,031,500▲23.0% | $3,765,326▲1.0% | $10,531,329▲13.7% | $10,923,715▲13.8% | 990 |
| 2022 | $4,089,557▲1.9% | $3,729,155▲8.7% | $9,265,175▲4.0% | $9,600,701▲2.8% | 990 |
| 2021 | $4,011,705▲16.3% | $3,429,253▲3.5% | $8,904,768▲7.0% | $9,342,124▲4.0% | 990 |
| 2020 | $3,449,994▼4.5% | $3,312,453▲0.2% | $8,322,316▲1.7% | $8,986,788▲5.7% | 990 |
| 2019 | $3,612,513▲1.4% | $3,306,140▲7.6% | $8,184,775▲3.9% | $8,502,331▲4.9% | 990 |
| 2018 | $3,562,686▼4.7% | $3,072,064▲2.3% | $7,878,402▲6.6% | $8,105,959▲7.0% | 990 |
| 2017 | $3,737,996▲9.2% | $3,001,622▼0.3% | $7,387,780▲11.1% | $7,573,392▲9.8% | 990 |
| 2016 | $3,423,057▼1.7% | $3,010,236▲12.3% | $6,651,406▲6.6% | $6,895,252▲5.8% | 990 |
| 2015 | $3,481,549▲14.7% | $2,680,525▲6.5% | $6,238,585▲14.7% | $6,516,712▲14.6% | 990 |
| 2014 | $3,034,951▼1.9% | $2,516,191▲13.4% | $5,437,561▲10.5% | $5,686,051▲11.6% | 990 |
| 2013 | $3,092,284 | $2,218,956▲13.1% | $4,918,801▲21.6% | $5,094,611▲20.9% | 990 |
| 2012 | — | $1,962,232▼12.3% | $4,045,473▲20.2% | $4,214,462▲19.7% | 990 |
| 2011 | — | $2,238,452▼2.5% | $3,364,615▲12.6% | $3,521,828▲11.3% | 990 |
| 2010 | — | $2,296,508 | $2,987,540 | $3,164,207 | 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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Compare Operating Engineers Local 478 Apprenticeship Training & Skill Im
Frequently asked questions
- Is Operating Engineers Local 478 Apprenticeship Training & Skill Im a legitimate nonprofit?
- Yes. Operating Engineers Local 478 Apprenticeship Training & Skill Im is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 06-0899313, based in Hamden, Connecticut. Donations are tax-deductible.
- What is Operating Engineers Local 478 Apprenticeship Training & Skill Im's EIN?
- Operating Engineers Local 478 Apprenticeship Training & Skill Im's Employer Identification Number (EIN) is 06-0899313.
- How much revenue does Operating Engineers Local 478 Apprenticeship Training & Skill Im report?
- Operating Engineers Local 478 Apprenticeship Training & Skill Im reported $5,031,500 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does Operating Engineers Local 478 Apprenticeship Training & Skill Im have?
- CharityIndex grades Operating Engineers Local 478 Apprenticeship Training & Skill Im B, based on financial health (reserves and operating margin).
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Data for Operating Engineers Local 478 Apprenticeship Training & Skill Im (EIN 06-0899313) 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.