Wayne J Griffin Electric Inc Welfare Benefit Plan Trust is a 501(c)(9) organization based in Holliston, Massachusetts, registered in 2023, with $19,573,265 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$19.6M
▼ 13.0% vs prior year
Membership median: $185K
Expenses (FY2023)
$18.4M
Net assets
$2.6M
Employees
—
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 Wayne J Griffin Electric Inc Welfare Benefit Plan 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 Wayne J Griffin Electric Inc Welfare Benefit Plan Trust: 2 mo reserves · +6% margin earns a B 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 Wayne J Griffin Electric Inc Welfare Benefit Plan 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 Wayne J Griffin Electric Inc Welfare Benefit Plan Trust: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $18.1M (FY2020) to $19.6M (FY2023) across 4 reported years.
Financial snapshot
Operating margin
5.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$4.9M
Total liabilities
$2.3M
Net assets
$2.6M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $19,573,265▼13.0% | $18,409,445▼16.8% | $2,588,510▲81.7% | $4,850,497▲41.7% | 990 |
| 2022 | $22,509,122▲4.0% | $22,130,916▲5.1% | $1,424,690▲36.1% | $3,422,305▲227% | 990 |
| 2021 | $21,644,115▲19.6% | $21,056,216▲13.3% | $1,046,484▲128% | $1,046,484▲128% | 990 |
| 2020 | $18,092,130 | $18,586,719 | $458,585 | $458,585 | 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 Wayne J Griffin Electric Inc Welfare Benefit Plan Trust (EIN 84-6474734) 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.