U A Local 467 Apprenticeship and Training Trust is a 501(c)(3) organization based in Burlingame, California, registered in 2016, with $2,801,314 in FY2024 revenue. CharityIndex grades it C+.
Revenue (FY2024)
$2.8M
▼ 20.4% vs prior year
Expenses (FY2024)
$2.7M
Net assets
$3.8M
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 U A Local 467 Apprenticeship and 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 →
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 U A Local 467 Apprenticeship and Training Trust: 17 mo reserves · +2% 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 U A Local 467 Apprenticeship and 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 →
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 U A Local 467 Apprenticeship and Training Trust: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $1.8M (FY2017) to $2.8M (FY2024) across 8 reported years.
Financial snapshot
Operating margin
2.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$3.8M
Total liabilities
$5,782
Net assets
$3.8M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $2,801,314▼20.4% | $2,743,141▲1.4% | $3,813,366▼35.0% | $3,819,148▼35.9% | 990 |
| 2023 | $3,518,781▲39.9% | $2,704,669▲8.6% | $5,867,255▲20.2% | $5,961,262▲20.9% | 990 |
| 2022 | $2,514,900▼16.5% | $2,489,965▲26.8% | $4,879,997▲73.8% | $4,929,645▲76.5% | 990 |
| 2021 | $3,010,486▲32.7% | $1,963,722▲25.9% | $2,807,406▲10.1% | $2,792,616▲11.0% | 990 |
| 2020 | $2,268,393▼10.6% | $1,559,292▼51.1% | $2,550,473▲25.6% | $2,515,556▲25.0% | 990 |
| 2019 | $2,537,174▲10.3% | $3,188,774▲103% | $2,030,401▼19.7% | $2,012,107▼20.5% | 990 |
| 2018 | $2,300,365▲26.6% | $1,573,667▲6.5% | $2,528,082▲35.0% | $2,531,292▲35.0% | 990 |
| 2017 | $1,817,432 | $1,476,955 | $1,872,547 | $1,875,075 | 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 U A Local 467 Apprenticeship and Training Trust (EIN 94-1201260) 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.