Saginaw Electrical Apprenticeship & Training Trust
501(c)(5)
Only null% goes to programs Strong reserves Growing revenue
Saginaw Electrical Apprenticeship & Training Trust is a 501(c)(5) organization based in Saginaw, Michigan, registered in 1979, with $458,781 in FY2024 revenue. CharityIndex grades it C+.
7303 Gratiot Rd, Saginaw, MI, 48609 EIN 38-1881277 Since 1979
Revenue (FY2024)
$459K
▲ 206.4% vs prior year
Expenses (FY2024)
$228K
Net assets
$463K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
★★★★
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 Saginaw Electrical Apprenticeship & Training Trust— 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 rating24 mo reserves · +50% 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 Saginaw Electrical Apprenticeship & Training Trust: 24 mo reserves · +50% 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 Saginaw Electrical Apprenticeship & Training Trust— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 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 Saginaw Electrical Apprenticeship & Training Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $65K (FY2010) to $459K (FY2024) across 15 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $463K
Operating margin
50.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$463K
Total liabilities
$0
Net assets
$463K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $458,781▲206% | $227,552▲72.2% | $462,890▲99.8% | $462,890▲99.8% | 990 |
| 2023 | $149,731▲13.3% | $132,176▲23.3% | $231,661▲8.2% | $231,661▲8.2% | 990EZ |
| 2022 | $132,183▼4.3% | $107,173▲9.3% | $214,106▲13.2% | $214,106▲13.2% | 990EZ |
| 2021 | $138,079▲10.8% | $98,053▼16.8% | $189,097▲26.9% | $189,097▲26.9% | 990EZ |
| 2020 | $124,612▼17.4% | $117,819▼15.7% | $149,071▲4.8% | $149,071▲4.8% | 990EZ |
| 2019 | $150,793▲24.1% | $139,721▲53.6% | $142,278▲8.4% | $142,278▲8.4% | 990EZ |
| 2018 | $121,541▲3.3% | $90,980▼14.6% | $131,206▲30.4% | $131,206▲30.4% | 990EZ |
| 2017 | $117,697▲28.4% | $106,560▲14.1% | $100,645▲12.4% | $100,645▲12.4% | 990EZ |
| 2016 | $91,654▼1.7% | $93,387▼25.0% | $89,508▼1.9% | $89,508▼1.9% | 990EZ |
| 2015 | $93,261▼26.9% | $124,452▼12.4% | $91,240▼25.5% | $91,240▼25.5% | 990EZ |
| 2014 | $127,593▼7.6% | $142,018▲15.4% | $122,431▼10.5% | $122,431▼10.5% | 990EZ |
| 2013 | $138,042▲41.9% | $123,032▼22.7% | $136,856▲12.3% | $136,856▲12.3% | 990EZ |
| 2012 | $97,285▲83.4% | $159,236▲8.0% | $121,846▼33.7% | $121,846▼33.7% | 990EZ |
| 2011 | $53,059▼18.2% | $147,397▼3.6% | $183,797▼33.9% | $183,797▼33.9% | 990EZ |
| 2010 | $64,879 | $152,896 | $278,135 | $278,135 | 990EZ |
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 Saginaw Electrical Apprenticeship & Training Trust a legitimate nonprofit?
- Yes. Saginaw Electrical Apprenticeship & Training Trust is a 501(c)(5) organization registered with the U.S. Internal Revenue Service under EIN 38-1881277, based in Saginaw, Michigan.
- What is Saginaw Electrical Apprenticeship & Training Trust's EIN?
- Saginaw Electrical Apprenticeship & Training Trust's Employer Identification Number (EIN) is 38-1881277.
- How much revenue does Saginaw Electrical Apprenticeship & Training Trust report?
- Saginaw Electrical Apprenticeship & Training Trust reported $458,781 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Saginaw Electrical Apprenticeship & Training Trust have?
- CharityIndex grades Saginaw Electrical Apprenticeship & Training Trust C+, based on financial health (reserves and operating margin).
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Data for Saginaw Electrical Apprenticeship & Training Trust (EIN 38-1881277) 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.