Traverse City Electrical Joint Apprenticeship & Training Tr Fd is a 501(c)(5) organization based in Traverse City, Michigan, registered in 1977, with $307,982 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$308K
▲ 2.0% vs prior year
Expenses (FY2023)
$286K
Net assets
$869K
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 Traverse City Electrical Joint Apprenticeship & Training Tr Fd— 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 Traverse City Electrical Joint Apprenticeship & Training Tr Fd: 36 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 Traverse City Electrical Joint Apprenticeship & Training Tr Fd— 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 Traverse City Electrical Joint Apprenticeship & Training Tr Fd: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $150K (FY2013) to $308K (FY2023) across 11 reported years.
Financial snapshot
Operating margin
7.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$882K
Total liabilities
$13K
Net assets
$869K
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $307,982▲2.0% | $285,921▲5.6% | $868,962▲2.6% | $881,982▲3.0% | 990 |
| 2022 | $301,847▲5.4% | $270,813▲16.4% | $846,901▲3.8% | $855,997▲3.6% | 990 |
| 2021 | $286,283▲44.7% | $232,714▲30.9% | $815,867▲7.0% | $826,014▲3.3% | 990 |
| 2020 | $197,849▲8.7% | $177,821▼7.5% | $762,298▲2.7% | $799,340▲6.5% | 990 |
| 2019 | $182,079▼65.2% | $192,328▼12.8% | $742,270▼1.4% | $750,323▼1.8% | 990 |
| 2018 | $522,930▲65.0% | $220,592▲22.7% | $752,519▲67.2% | $764,415▲66.4% | 990 |
| 2017 | $316,930▲59.9% | $179,743▲3.5% | $450,181▲43.8% | $459,447▲43.1% | 990 |
| 2016 | $198,185▼12.2% | $173,594▲4.0% | $312,994▲8.5% | $321,158▲9.3% | 990 |
| 2015 | $225,805▲62.4% | $166,988▲40.0% | $288,403▲25.6% | $293,933▲25.1% | 990 |
| 2014 | $139,053▼7.0% | $119,282▼3.3% | $229,586▲9.4% | $234,876▲9.6% | 990 |
| 2013 | $149,540 | $123,382▲46.0% | $209,815▲14.2% | $214,271▲14.3% | 990 |
| 2012 | — | $84,527▼2.1% | $183,657▲22.9% | $187,482▲22.6% | 990 |
| 2011 | — | $86,369▼7.8% | $149,491▲1.7% | $152,894▲0.2% | 990 |
| 2010 | — | $93,690 | $147,038 | $152,531 | 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 Traverse City Electrical Joint Apprenticeship & Training Tr Fd (EIN 38-6366167) 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.