South Bend & Vicinity Electrical is a 501(c)(3) organization based in South Bend, Indiana, registered in 2014, with $1,317,215 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$1.3M
▲ 38.0% vs prior year
Employment median: $367K
Expenses (FY2023)
$1.2M
Net assets
$1.5M
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 South Bend & Vicinity Electrical— 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 South Bend & Vicinity Electrical: 15 mo reserves · +7% 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 South Bend & Vicinity Electrical— 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 South Bend & Vicinity Electrical: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $499K (FY2013) to $1.3M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
6.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.8M
Total liabilities
$226K
Net assets
$1.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,317,215▲38.0% | $1,231,080▲19.0% | $1,534,588▲9.8% | $1,760,376▲20.4% | 990 |
| 2022 | $954,456▲10.1% | $1,034,574▲11.9% | $1,397,749▼4.9% | $1,462,338▼4.4% | 990 |
| 2021 | $866,857▲5.1% | $924,284▲3.1% | $1,470,320▼8.9% | $1,529,110▼7.6% | 990 |
| 2020 | $825,060▲5.4% | $896,795▲18.9% | $1,613,223▼2.4% | $1,655,040▼2.7% | 990 |
| 2019 | $782,798▼10.1% | $754,202▼14.6% | $1,652,519▲3.4% | $1,701,090▲3.5% | 990 |
| 2018 | $870,938▼1.5% | $882,672▲7.2% | $1,597,411▲0.5% | $1,643,725▼4.5% | 990 |
| 2017 | $884,629▼14.8% | $823,192▼3.8% | $1,588,786▲2.5% | $1,721,479▲8.2% | 990 |
| 2016 | $1,038,259▲28.6% | $855,988▲17.4% | $1,549,671▲13.3% | $1,590,960▲7.4% | 990 |
| 2015 | $807,613▲22.1% | $728,839▲14.1% | $1,368,133▲6.7% | $1,481,335▲13.5% | 990 |
| 2014 | $661,515▲32.4% | $638,823▲31.2% | $1,282,337▲0.7% | $1,305,508▼1.3% | 990 |
| 2013 | $499,458 | $487,042▲2.3% | $1,272,955▲1.1% | $1,322,483▲4.1% | 990 |
| 2012 | — | $475,957▼1.0% | $1,259,392▲1.1% | $1,270,875▲1.1% | 990 |
| 2011 | — | $480,876 | $1,245,866 | $1,256,770 | 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 South Bend & Vicinity Electrical (EIN 35-6059198) 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.