Employment
(J22)
990 on File
NORTH TEXAS ELECTRICAL JOINT APPRENTICESHIP AND TRAINING TR FUN
Financial strength (30%)
87/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$2.4M
Total Revenue
$1.8M
Total Expenses
$6.9M
Net Assets
14
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
89.3%
Fundraising Efficiency
N/A
Operating Reserve
46.01x
Liability-to-Asset
0.0%
Revenue Diversification
92.4%
Executive Compensation
$0
Compared with Peers
FY 2023
Compared with 1,161 similar organizations
(United States, Employment, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
89.3% | 84.8% |
P10P90
|
Above median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
10.7% | 13.3% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
46.0 mo | 9.3 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
0.0% | 16.9% |
P10P90
|
Top quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
92.4% | 92.8% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
36.0% | 7.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
10.0% | 8.9% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
25.3% | 2.9% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $2.4M | $1.8M | $6.9M | 89.3% | 14 |
| 2022 | $1.8M | $1.6M | $6.3M | 89.4% | 16 |
| 2021 | $1.8M | $1.6M | N/A | — | 15 |
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