San Mateo County Electrical Apprenticeship & Training Trust
Only null% goes to programs Strong reserves Growing revenue
San Mateo County Electrical Apprenticeship & Training Trust is a 501(c)(3) organization based in San Carlos, California, registered in 2005, with $4,991,512 in FY2022 revenue. CharityIndex grades it C+.
625 Industrial Rd, San Carlos, CA, 94070 EIN 23-7225581 Since 2005
Revenue (FY2022)
$5.0M
▲ 34.5% vs prior year
Education median: $200K
Expenses (FY2022)
$3.8M
Net assets
$16.4M
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 San Mateo County 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 rating52 mo reserves · +24% 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 San Mateo County Electrical Apprenticeship & Training Trust: 52 mo reserves · +24% 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 San Mateo County 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 San Mateo County Electrical Apprenticeship & Training Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 625 Industrial Rd, San Carlos, CA, 94070
- City
- San Carlos
- State
- California
- Category
- Education
- Subcategory
- Vocational & Technical Schools
- Website
- …
Financial trends
Revenue grew from $3.0M (FY2016) to $5.0M (FY2022) across 7 reported years.
Financial snapshot
Financial health & position (FY2022)
Liabilities $195KNet assets $16.4M
Operating margin
24.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$16.6M
Total liabilities
$195K
Net assets
$16.4M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2022 | $4,991,512▲34.5% | $3,779,065▲15.2% | $16,438,436▲8.2% | $16,633,620▲6.7% | 990 |
| 2021 | $3,711,703▼17.6% | $3,280,599▲3.6% | $15,198,385▲0.4% | $15,589,102▼0.5% | 990 |
| 2020 | $4,504,879▲18.1% | $3,166,369▲8.6% | $15,145,054▲9.0% | $15,665,138▲7.0% | 990 |
| 2019 | $3,815,941▼20.6% | $2,916,263▲20.2% | $13,896,815▲6.9% | $14,638,732▲3.9% | 990 |
| 2018 | $4,804,808▲13.4% | $2,426,954▲16.0% | $12,999,901▲22.6% | $14,088,731▲16.8% | 990 |
| 2017 | $4,237,028▲41.5% | $2,092,010▲9.4% | $10,602,907▲25.2% | $12,060,588▲16.3% | 990 |
| 2016 | $2,995,400 | $1,912,512 | $8,466,412 | $10,374,390 | 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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Frequently asked questions
- Is San Mateo County Electrical Apprenticeship & Training Trust a legitimate nonprofit?
- Yes. San Mateo County Electrical Apprenticeship & Training Trust is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7225581, based in San Carlos, California. Donations are tax-deductible.
- What is San Mateo County Electrical Apprenticeship & Training Trust's EIN?
- San Mateo County Electrical Apprenticeship & Training Trust's Employer Identification Number (EIN) is 23-7225581.
- How much revenue does San Mateo County Electrical Apprenticeship & Training Trust report?
- San Mateo County Electrical Apprenticeship & Training Trust reported $4,991,512 in total revenue on its fiscal year 2022 IRS Form 990 filing.
- What financial grade does San Mateo County Electrical Apprenticeship & Training Trust have?
- CharityIndex grades San Mateo County Electrical Apprenticeship & Training Trust C+, based on financial health (reserves and operating margin).
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Data for San Mateo County Electrical Apprenticeship & Training Trust (EIN 23-7225581) 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.